NOT LISTED FOR SALE

Estimated Value: $839,000 - $1,075,000

7 Beds
4 Baths
2,961 Sq Ft
$317/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $785,000 $265 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,687/month

85 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Front Yard
  • Cooling System Mounted To A Wall/Window
  • Parking Storage or Cabinetry
  • 1-Story Property

About This Home

As of December 2020

An excellent income 3 unit property with 9558 sq ft lot. Single Family 1287 sq ft; 3 bedrooms, 2 bath detached house features large living room with newly laminated flooring in all the bedrooms and hallway, new in/out paint, ceiling lights, bright and sunny home with separate backyard, large patio, gated front yard and a garage with washer/dryer hook ups. Back units features 2-837 sq fts of two bedrooms, 1 bathroom with newly windows, 2 split A/C and heat pumps, washer/dryer hook ups in the kitchens and 4 parking spaces accessed off ally. upgraded electrical and cooper plumbing a few years ago. Very good long time tenants that never late pay. Located on a nice historic residential tree-lined street with easy access to freeway, shopping, restaurants. Great opportunity for an investor or an owner who wants to offset costs with rental income. Please text Agent for fast response.

Last Agent to Sell the Property

Jessica Chiu

A + Realty & Mortgage License #01303406 Listed on: 09/04/2020

Last Buyer's Agent

Cristopher Lin

Cristopher Lin License #01164479

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 9,558 Sq Ft Lot
  • 1 Common Wall
  • Flag Lot
  • Front Yard

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Parking Available
  • Driveway
  • Assigned Parking

Home Design

  • Triplex

Interior Spaces

  • 2,961 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 15
  • Tax Tract Number 2
  • Assessor Parcel Number 1048394090000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $880
  • Trash Expense $1,080
  • Water Sewer Expense $2,040
  • New Taxes Expense $9,900
  • Operating Expense $13,900
  • Net Operating Income $39,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2040.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 1048394090000
  • Year Built: 1917
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 265.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Driveway
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage, In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 1080.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Flag Lot
  • Lot Size Sq Ft: 9558.00
  • Lot Size Acres: 0.2194

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1674 Square Feet
  • Average3 Bed Area: 1287 Square Feet
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 880.00
  • Lot Size Area: 9558.0000 Square Feet
  • Net Operating Income: 39100.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 11300.00
  • Rent Control: Yes
  • Total Expenses: 13900.00

Tax Info

  • New Taxes Expense: 9900.00
  • Tax Census Tract: 15.01
  • Tax Lot: 15
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Dec 2, 2020
Sold by
Peng Zhuxi and Cao Liuying
Bought by
Cnl King Llc
Seller's Agent
Jessica Chiu
A + Realty & Mortgage
Buyer's Agent
Cristopher Lin
Cristopher Lin
List Price
$829,000
Sold Price
$785,000
Premium/Discount to List
-$44,000
-5.31%
Current Estimated Value
$937,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,715
Avg. Annual Appreciation
3.59%

Purchase Details

Listed on
May 9, 2018
Closed on
Oct 9, 2018
Sold by
Holguin Alberto and Holguin Sylvia
Bought by
Peng Zhuxi and Cao Liuying
Seller's Agent
Frank Baldwin
Keller Williams Realty
Buyer's Agent
Jessica Chiu
A + Realty & Mortgage
List Price
$685,000
Sold Price
$658,000
Premium/Discount to List
-$27,000
-3.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$470,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2016
Sold by
Holguin Alberto
Bought by
Holguin Alberto and Holguin Sylvia

Purchase Details

Closed on
Jun 30, 2010
Sold by
Holguin Bertha
Bought by
Holguin Alberto and Holguin Sylvia

Purchase Details

Closed on
Apr 16, 2007
Sold by
Holguin Bertha
Bought by
Holguin Bertha and The Bertha Holguin Revocable L

Purchase Details

Closed on
Dec 18, 2002
Sold by
Holguin Bertha
Bought by
Holguin Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2001
Sold by
Holguin Bertha
Bought by
Revocab Holguin Bertha and Revocab Bertha Holguin Amended

Purchase Details

Closed on
Feb 27, 2001
Sold by
Brooks Ethel P
Bought by
Holguin Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.09%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 24, 1995
Sold by
Valenti Felix S
Bought by
The Felix S Valenti Revocable Trust

Purchase Details

Closed on
Apr 10, 1995
Sold by
Valenti Felix S
Bought by
The Felix S Valenti Revocable Trust

Purchase Details

Closed on
Jun 24, 1994
Sold by
Valenti Ethel P
Bought by
Valenti Ethel P and Valenti Felix S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Cnl King Llc $785,000 Stewart Title Of Ca Inc
Peng Zhuxi $658,000 Lawyers Title
Holguin Alberto -- Lawyers Title
Holguin Alberto -- None Available
Holguin Alberto -- None Available
Holguin Bertha -- None Available
Holguin Bertha -- Landsafe
Revocab Holguin Bertha -- --
Holguin Bertha $190,000 United Title
The Felix S Valenti Revocable Trust -- --
The Felix S Valenti Revocable Trust -- --
Valenti Ethel P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peng Zhuxi $470,000
Previous Owner Holguin Bertha $102,000
Previous Owner Holguin Bertha $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2020 12/07/20 Sold $785,000 -0.5% $265 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
11/22/2020 11/22/20 Price Changed $789,000 -4.8% $266 / Sq Ft
11/01/2020 11/01/20 For Sale $829,000 +5.6% $280 / Sq Ft
10/31/2020 10/31/20 Off Market $785,000 -- --
10/08/2020 10/08/20 Price Changed $829,000 -3.6% $280 / Sq Ft
09/04/2020 09/04/20 For Sale $860,000 +30.7% $290 / Sq Ft
11/05/2018 11/05/18 Sold $658,000 -2.5% $222 / Sq Ft View Prior Sale
10/02/2018 10/02/18 Pending -- -- --
09/24/2018 09/24/18 Price Changed $675,000 -1.5% $228 / Sq Ft
09/14/2018 09/14/18 For Sale $685,000 0.0% $231 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
07/12/2018 07/12/18 Price Changed $685,000 -6.1% $231 / Sq Ft
06/08/2018 06/08/18 Price Changed $729,800 +0.1% $246 / Sq Ft
05/09/2018 05/09/18 For Sale $729,000 -- $246 / 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 $9,121 $849,710 $211,075 $638,635
2024 $9,121 $833,049 $206,936 $626,113
2023 $8,865 $816,714 $202,878 $613,836
2022 $8,748 $800,700 $198,900 $601,800
2021 $8,832 $678,113 $237,030 $441,083
2020 $7,382 $671,160 $234,600 $436,560
2019 $7,319 $658,000 $230,000 $428,000
2018 $2,832 $251,623 $79,459 $172,164
2017 $2,784 $246,689 $77,901 $168,788
2016 $2,548 $241,852 $76,374 $165,478
2015 $2,530 $238,219 $75,227 $162,992
2014 $2,450 $233,552 $73,753 $159,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20183586

California Regional Multiple Listing Service (CRMLS)

APN: 1048-394-09