NOT LISTED FOR SALE

Estimated Value: $547,872 - $697,000

1 Bed
1 Bath
2,440 Sq Ft
$246/Sq Ft Est. Value

Last Sold July 19, 2016

Last sale price $270,000 $111 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,642/month

18 Days on Market

About This Home

As of July 2016

GREAT INCOME OPPORTUNITY TO OWN A SINGLE STORY FOURPLEX. CONVENIENTLY LOCATED CLOSE TO STORES-FREEWAYS AND SCHOOL, EACH UNIT FEATURES: 1 BEDROOM - 1 BATHROOM- KITCHEN -COMFORTABLE LIVING ROOM AND DINING ROOM. PROPERTY HAS BEEN RENOVATED WITH NEW HEAT PUMPS ON TWO UNITS. NO SIGN ON PROPERTY. HURRY THIS ONE WILL NOT LAST. MIRROR IMAGE PROPERTY NEXT DOOR IS ALSO FOR SALE. 674 E. MAIN ST. APN#437141002.

Last Agent to Sell the Property

Juan Haro

Signature Realty & Loans License #01939524 Listed on: 05/03/2016

Last Buyer's Agent

Juan Haro

Signature Realty & Loans License #01939524 Listed on: 05/03/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,641

Year Built

  • Built in 1978

Lot Details

  • 9,875 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 8 Parking Spaces

Home Design

  • 2,440 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 437153007

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $240
  • Insurance Expense $900
  • Trash Expense $950
  • Water Sewer Expense $2,200
  • Gross Income $2,600
  • Net Operating Income $26,910

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,641

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Other Phone Number: 562-291-8195
  • Property Attached: No
  • Water Sewer Expenses: 2200.00
  • Property Type: Residential Income
  • Parcel Number: 437153007
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 110.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 950.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights, Storm Drains

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9875.00
  • Price Per Lot Square Foot: 27.34

Multi Family

  • Electric Expense: 240.00
  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 900.00
  • Net Operating Income: 26910.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 4290.00
  • Rent Control: No
  • Total Actual Rent: 2600.00

Tax Info

  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2021
Sold by
Ruvalcaba Luis and Ruvalcaba Loza
Bought by
Loza Luciano Ruvalcaba
Current Estimated Value
$579,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2016
Closed on
May 27, 2016
Sold by
Haro Juan and Haro Maria
Bought by
Ruvalcaba Luis and Ruvalcaba Ana Maria Loza
Seller's Agent
Juan Haro
Signature Realty & Loans
Buyer's Agent
Juan Haro
Signature Realty & Loans
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$260,174
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2015
Sold by
Sanchez Mary L
Bought by
Haro Juan and Haro Maria

Purchase Details

Closed on
Sep 12, 2005
Sold by
Oconnell Gerald E and Oconnell Suzanne M
Bought by
Sanchez Benjamin and Sanchez Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
6.9%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 20, 1996
Sold by
Urias Gerald E and Urias Jacqueline A
Bought by
Stirling James H and Stirling Maryan
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Loza Luciano Ruvalcaba $450,000 Pacific Coast Title Company
Ruvalcaba Luis $270,000 First American Title
Haro Juan $230,000 Orange Coast Title
Sanchez Benjamin $435,000 Chicago Title Company
Stirling James H $69,973 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loza Luciano Ruvalcaba $260,000
Previous Owner Ruvalcaba Luis $260,174
Previous Owner Sanchez Benjamin $391,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2016 07/19/16 Sold $270,000 -8.5% $111 / Sq Ft
05/21/2016 05/21/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $295,000 -- $121 / 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 $5,641 $477,543 $132,651 $344,892
2023 $5,641 $459,000 $127,500 $331,500
2022 $5,508 $450,000 $125,000 $325,000
2021 $3,644 $289,492 $85,775 $203,717
2020 $3,616 $286,525 $84,896 $201,629
2019 $3,550 $280,908 $83,232 $197,676
2018 $3,485 $275,400 $81,600 $193,800
2017 $3,417 $270,000 $80,000 $190,000
2016 $2,871 $230,000 $70,000 $160,000
2015 $2,636 $216,000 $65,000 $151,000
2014 $2,419 $200,000 $65,000 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16093716

California Regional Multiple Listing Service (CRMLS)

APN: 437-153-007