NOT LISTED FOR SALE

Estimated Value: $805,000 - $881,000

7 Beds
4 Baths
3,010 Sq Ft
$283/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $545,000 $181 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,137/month

108 Days on Market

Highlights

  • Traditional Architecture
  • Two Homes on a Lot
  • Living Room
  • No HOA
  • Double Pane Windows
  • Laundry Room

About This Home

As of March 2018

PRICE CHANGE ON THIS FANTASTIC OPPORTUNITY! Newly painted 2 Story DUPLEX with long driveway and hard to find OFF STREET parking. 2 Car Detached Garage with additional parking in rear. LOWER UNIT includes 3 spacious bedrooms and 2 Bathrooms, Tile entry to spacious living room, dining room and large kitchen with plenty of counter space. Big Master bedroom has attached bathroom and lots of closet space. Separate Laundry room for washer and dryer. UPSTAIRS UNIT has 4 large bedrooms and 2 bathrooms with a huge open open floor plan with lots of light. Living room, dining room and bonus room are all adjacent to the large U shaped kitchen with lots of cabinets and countertop space. Double pane windows. Separate Electrical and Gas meters. This is an excellent opportunity, units generate generous rents. Conventional or FHA financing possible. DO NOT Hesitate, opportunities like this Don't Last. Call today!

Last Agent to Sell the Property

Rick Arciniega

RE/MAX Dynasty License #01101436 Listed on: 10/25/2017

RE/MAX Dynasty

Last Buyer's Agent

Marilu Calderon

New Century Realtors License #01149850

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,961

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 4,862 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • No Landscaping
  • Front Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,010 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Window Screens
  • Living Room
  • Gas Cooktop

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Accessible Parking
  • Rain Gutters
  • Two Homes on a Lot

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 6478
  • Assessor Parcel Number 6071003012

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,440
  • Insurance Expense $1,063
  • Trash Expense $630
  • Water Sewer Expense $3,300
  • New Taxes Expense $4,349
  • Operating Expense $13,781
  • Gross Income $38,880
  • Net Operating Income $30,835

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,961

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Agent Cell Ph
  • Other Phone Number: 562-843-7723
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • Water Sewer Expenses: 3300.00
  • Zoning: LAR2
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6071003012
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 181.06
  • Room Type: Kitchen, Laundry, Living Room
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Foundation: Slab
  • Other Structures: Two On A Lot
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 630.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, No Landscaping
  • Lot Size Sq Ft: 4862.00

Multi Family

  • Electric Expense: 4440.00
  • Gross Income: 38880.00
  • Gross Scheduled Income: 38880.00
  • Insurance Expense: 1063.00
  • Net Operating Income: 30835.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Range: 2
  • Operating Expense: 8045.00
  • Rent Control: Yes
  • Total Expenses: 13781.00

Tax Info

  • New Taxes Expense: 4349.00
  • Tax Census Tract: 2409.00
  • Tax Lot: 14
  • Tax Tract Number: 6478

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Mar 24, 2018
Sold by
Richardson Johnnie Lee
Bought by
Hernandez Ismael and Hernandez Bertha A
Seller's Agent
Rick Arciniega
RE/MAX Dynasty
Buyer's Agent
Marilu Calderon
New Century Realtors
List Price
$575,000
Sold Price
$545,000
Premium/Discount to List
-$30,000
-5.22%
Current Estimated Value
$853,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,045
Avg. Annual Appreciation
6.08%
Original Mortgage
$408,750
Outstanding Balance
$350,266
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$502,779

Purchase Details

Listed on
Oct 15, 2012
Closed on
Dec 17, 2012
Sold by
Blumenfeld Joseph
Bought by
Richardson Johnny Lee and Richardson Jacqueline J
Seller's Agent
Jani Cervantes
Jani Realty & Investments
Buyer's Agent
Melanie Funches
Real Estate eBroker Inc
List Price
$299,000
Sold Price
$310,000
Premium/Discount to List
$11,000
3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Original Mortgage
$304,385
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 2008
Sold by
Urban Realty Acquisition Corp
Bought by
Blumenfeld Joseph and Blumenfeld Ellen

Purchase Details

Closed on
Feb 25, 2008
Sold by
Urban Realty Acquisition Corp
Bought by
Richardson Tyrone

Purchase Details

Closed on
Apr 7, 2005
Sold by
Henderson Tyrone C
Bought by
Urban Realty Acquisition Corp

Purchase Details

Closed on
Jul 28, 1999
Sold by
Henderson Tyrone C
Bought by
Young Henderson Zerelda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
7.64%

Purchase Details

Closed on
Jul 21, 1999
Sold by
Young Henderson Zerelda D
Bought by
Young Henderson Zerelda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
7.64%

Purchase Details

Closed on
Jul 23, 1996
Sold by
Henderson Tyrone C
Bought by
Young Henderson Zerelda S
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hernandez Ismael $545,000 Fidelity National Title Comp
Richardson Johnny Lee $310,000 Chicago Title
Blumenfeld Joseph $452,298 None Available
Richardson Tyrone -- None Available
Urban Realty Acquisition Corp $175,000 --
Young Henderson Zerelda D -- American Title
Young Henderson Zerelda D -- American Title Co
Young Henderson Zerelda S -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Ismael $408,750
Previous Owner Richardson Johnny Lee $304,385
Previous Owner Young Henderson Zerelda D $113,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2018 03/30/18 Sold $545,000 -1.8% $181 / Sq Ft
02/01/2018 02/01/18 Price Changed $555,000 -1.8% $184 / Sq Ft
12/22/2017 12/22/17 Price Changed $565,000 -1.7% $188 / Sq Ft
10/25/2017 10/25/17 For Sale $575,000 +85.5% $191 / Sq Ft
12/15/2012 12/15/12 Sold $310,000 +3.7% $103 / Sq Ft View Prior Sale
11/05/2012 11/05/12 Pending -- -- --
10/15/2012 10/15/12 For Sale $299,000 -- $99 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,961 $620,112 $318,589 $301,523
2024 $7,961 $607,954 $312,343 $295,611
2023 $7,812 $596,034 $306,219 $289,815
2022 $7,463 $584,348 $300,215 $284,133
2021 $7,359 $572,891 $294,329 $278,562
2019 $7,143 $555,900 $285,600 $270,300
2018 $4,447 $335,497 $162,337 $173,160
2016 $4,217 $322,471 $156,034 $166,437
2015 $4,154 $317,628 $153,691 $163,937
2014 $4,170 $311,407 $150,681 $160,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17258192

California Regional Multiple Listing Service (CRMLS)

APN: 6071-003-012