NOT LISTED FOR SALE

Estimated Value: $861,000 - $967,000

8 Beds
4 Baths
2,360 Sq Ft
$380/Sq Ft Est. Value

Last Sold January 10, 2019

Last sale price $595,000 $252 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,572/month

6 Days on Market

Highlights

  • City Lights View
  • Modern Architecture
  • No HOA
  • Property is near public transit
  • Private Yard
  • Double Pane Windows

About This Home

As of January 2019

2008 Built Duplex. Each unit has 1,250sqft of living sqft. Each with 4 bedrooms/2 full bathrooms, laundry closet inside, open kitchen with custom oak cabinets. Dual pane windows throughout, open floor plan, kitchen, dinning area and living room. Low maintenance yard, with plenty of parking for 6+ cars and a 2 car carport. Structure is two levels, one unit downstairs and second unit upstairs. Perfect for your investors looking for income properties. Top collects $1900 in rent & bottom collects $2000 in rent. Thats $3,900 a month.

Last Agent to Sell the Property

Ray Penado

Excellence RE Real Estate License #01709871 Listed on: 11/23/2018

Last Buyer's Agent

Ray Penado

Excellence RE Real Estate License #01709871 Listed on: 11/23/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,271

Year Built

  • Built in 2007

Lot Details

  • 5,401 Sq Ft Lot
  • Lot Dimensions are 40x135
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Private Yard
  • Back Yard

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Modern Architecture
  • Property Attached
  • Cosmetic Repairs Needed
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,360 Sq Ft Home
  • Recessed Lighting
  • Double Pane Windows
  • Tile Countertops
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Mirrored Closets Doors
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid
  • Phone Available

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone, trash collection
  • Tax Lot 178
  • Tax Tract Number 2376
  • Assessor Parcel Number 6013019011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $7,362

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,271

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR2
  • Architectural Style: Modern
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 6013019011
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Recessed Lighting, Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: No
  • Door Features: Mirror Closet Door(s)
  • Levels: Two
  • Price Per Square Foot: 252.12
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Concrete Perimeter
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: In Closet, Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Near Public Transit, Yard
  • Lot Size: 40x135
  • Lot Size Sq Ft: 5401.00
  • Lot Size Acres: 0.1240

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone, Trash Collection

Multi Family

  • Gross Multiplier: 147.25
  • Gross Scheduled Income: 4400.00
  • Lot Size Area: 5401.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Rent Control: No
  • Total Actual Rent: 3900.00

Tax Info

  • New Taxes Expense: 7362.00
  • Tax Area: 212
  • Tax Lot: 178
  • Tax Tract: Custom
  • Tax Tract Number: 2376

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2021
Sold by
Farfar Investment Llc
Bought by
Hakimi Farideh
Current Estimated Value
$896,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Outstanding Balance
$392,702
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$489,390

Purchase Details

Closed on
Jul 24, 2019
Sold by
Hakimi Farideh
Bought by
Fafar Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 23, 2018
Closed on
Jan 4, 2019
Sold by
Hakimi Farideh
Bought by
Fafar Investment Llc
Seller's Agent
Ray Penado
Excellence RE Real Estate
Buyer's Agent
Ray Penado
Excellence RE Real Estate
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$446,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 23, 2018
Closed on
Dec 4, 2018
Sold by
Jv & Investments Group Llc
Bought by
Hakimi Farideh
Seller's Agent
Ray Penado
Excellence RE Real Estate
Buyer's Agent
Ray Penado
Excellence RE Real Estate
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2011
Sold by
California Realty & Investment Group Inc
Bought by
Jv & Investments Group Llc

Purchase Details

Closed on
May 16, 2007
Sold by
Gant Renita and Shaffer Celeste
Bought by
California Realty & Investment Group Inc

Purchase Details

Closed on
Dec 13, 2006
Sold by
Shaffer Renard
Bought by
Gant Renita

Purchase Details

Closed on
Apr 1, 2006
Sold by
Shaffer Celeste
Bought by
Shaffer Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.18%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 24, 2006
Sold by
Robinson Ray
Bought by
Robinson Myrna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.18%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 21, 2006
Sold by
Faust Ella M
Bought by
Shaffer Cleste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.18%
Mortgage Type
Unknown

Purchase Details

Closed on
May 4, 2005
Sold by
Faust Ella M
Bought by
Faust Ella M
Source: Public Records

Range of Values:

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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
Hakimi Farideh -- Stewart Title Company
Farfar Investment Llc -- Stewart Title Company
Fafar Investment Llc -- Accommodation
Hakimi Farideh -- Stewart Title Company
Fafar Investment Llc -- None Available
Hakimi Farideh $595,000 Orange Coast Title Co
Jv & Investments Group Llc -- None Available
California Realty & Investment Group Inc $350,000 Southland Title
Gant Renita -- Landsafe Title
Shaffer Celeste -- Accommodation
Robinson Myrna -- First American Title Company
Shaffer Cleste $250,000 Fatcola
Faust Ella M -- None Available
Faust Ella M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hakimi Farideh $438,000
Previous Owner Hakimi Farideh $445,000
Previous Owner Hakimi Farideh $446,250
Previous Owner Shaffer Cleste $50,000
Previous Owner Robinson Myrna $227,500
Previous Owner Shaffer Cleste $227,500
Previous Owner Faust Felix $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2019 01/10/19 Sold $595,000 -0.7% $252 / Sq Ft
11/23/2018 11/23/18 For Sale $599,000 -- $254 / 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 $8,271 $663,728 $384,852 $278,876
2024 $8,271 $650,714 $377,306 $273,408
2023 $8,115 $637,956 $369,908 $268,048
2022 $7,743 $625,448 $362,655 $262,793
2021 $7,634 $613,186 $355,545 $257,641
2020 $7,707 $606,900 $351,900 $255,000
2019 $1,347 $482,365 $287,123 $195,242
2018 $5,920 $472,908 $281,494 $191,414
2016 $5,646 $454,546 $270,564 $183,982
2015 $5,565 $447,719 $266,500 $181,219
2014 $5,596 $438,950 $261,280 $177,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18278943

California Regional Multiple Listing Service (CRMLS)

APN: 6013-019-011