Seller's Agent in 2016
Oscar Castro
OC Pros Real Estate
(714) 321-9876
17 Total Sales
68805 33rd Ave Cathedral City, CA 92234
Whitewater NeighborhoodEstimated Value: $661,000 - $900,852
2
Beds
1
Bath
3,600
Sq Ft
$215/Sq Ft
Est. Value
Highlights
- Mountain View
- Corner Lot
- Evaporated cooling system
- Fireplace in Kitchen
- No HOA
- 5-minute walk to Ocotillo Park
About This Home
As of August 2016GREAT INCOME POTENTIAL almost 4k monthly! excellent investment property. Large corner lot with four units and detached garages, each unit has two bedrooms and one bathroom and private patio, all units are tiled throughout, remodeled recently, a/c units, plenty of parking along the street and mountain view. All four units and rented on a month to month, plus a laundry room for additional income! Very low maintenance, almost no landscaping. Single story building built in 1995!
Perfect for investors or live in one, rent the rest and live rent-free!
Last Agent to Sell the Property
OC Pros Real Estate License #01392462 Listed on: 04/24/2016
Co-Listed By
Ivan Miletich
Realty One Group West License #01277090
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,547
Year Built
- Built in 1995 | Remodeled
Lot Details
- 8,712 Sq Ft Lot
- Two or More Common Walls
- South Facing Home
- Stucco Fence
- Corner Lot
Parking
- 4 Car Garage
- Parking Available
Home Design
- Property Attached
- Slab Foundation
- Stucco
Interior Spaces
- 3,600 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Tile Flooring
- Mountain Views
- Leased Washer and Dryer
Kitchen
- Gas Cooktop
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Utilities
- Evaporated cooling system
- Wall Furnace
Additional Features
- Fireplace in Patio
- Suburban Location
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 29
- Assessor Parcel Number 680401004
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $400
- Insurance Expense $1,300
- Water Sewer Expense $840
- New Taxes Expense $5,968
- Gross Income $3,400
- Net Operating Income $42,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 9, 2022
Sold by
Melkonyan Alan
Bought by
68805 33Rd Llc
Current Estimated Value
Purchase Details
Closed on
Aug 12, 2019
Sold by
Melkonyan Oganes and Pogosian Arusiak
Bought by
Melkonyan Alan
Purchase Details
Closed on
Feb 13, 2017
Sold by
Melkonyan Oganes and Pogosian Arusiak
Bought by
Melkonyan Oganes and Pogosian Arusiak
Purchase Details
Closed on
Oct 29, 2016
Sold by
Melkonyan Oganes and Pogosian Arusiak
Bought by
Melkonyan Oganes and Pogosian Arusiak
Purchase Details
Listed on
Apr 24, 2016
Closed on
Jul 21, 2016
Sold by
Miletich Luisa M
Bought by
Melkonyan Oganes and Pogosian Arusiak
Seller's Agent
Oscar Castro
OC Pros Real Estate
Buyer's Agent
Manvel Tabakian
Sotheby's International Realty
List Price
$475,000
Sold Price
$458,300
Premium/Discount to List
-$16,700
-3.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$305,000
Interest Rate
3.54%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 4, 2013
Sold by
Miletich Luisa M
Bought by
Miletich Luisa M
Purchase Details
Closed on
Jun 5, 2012
Sold by
Miletich Igor
Bought by
Miletich Luisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,250
Interest Rate
3.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 25, 2012
Sold by
Perez Eduardo M and Perez Yolanda Pina
Bought by
Millitech Luisa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,250
Interest Rate
3.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 23, 2010
Sold by
Sanford Charles B
Bought by
Perez Eduardo M and Perez Yolanda Pina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.52%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 68805 33Rd Llc | -- | Equity Title | |
| Melkonyan Alan | -- | None Available | |
| Melkonyan Oganes | -- | None Available | |
| Melkonyan Oganes | -- | None Available | |
| Melkonyan Oganes | $458,500 | Pacific Coast Title Company | |
| Miletich Luisa M | -- | None Available | |
| Miletich Luisa | -- | Chicago Title Company | |
| Millitech Luisa M | $319,000 | Chicago Title Company | |
| Perez Eduardo M | $295,000 | Equty Title Orange County In |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Melkonyan Alan | $402,500 | |
| Previous Owner | Melkonyan Alan | $295,000 | |
| Previous Owner | Melkonyan Oganes | $305,000 | |
| Previous Owner | Miletich Luisa M | $215,000 | |
| Previous Owner | Millitech Luisa M | $239,250 | |
| Previous Owner | Perez Eduardo M | $210,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2016 08/01/16 | Sold | $458,300 | -3.5% | $127 / Sq Ft |
| 07/01/2016 07/01/16 | Pending | -- | -- | -- |
| 04/24/2016 04/24/16 | For Sale | $475,000 | -- | $132 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,547 | $531,892 | $90,523 | $441,369 |
| 2023 | $9,547 | $511,240 | $87,009 | $424,231 |
| 2022 | $9,050 | $501,216 | $85,303 | $415,913 |
| 2021 | $8,699 | $491,389 | $83,631 | $407,758 |
| 2020 | $8,269 | $486,351 | $82,774 | $403,577 |
| 2019 | $8,087 | $476,815 | $81,151 | $395,664 |
| 2018 | $7,879 | $467,466 | $79,560 | $387,906 |
| 2017 | $7,737 | $458,300 | $78,000 | $380,300 |
| 2016 | $6,158 | $338,466 | $63,660 | $274,806 |
| 2015 | $5,969 | $333,383 | $62,704 | $270,679 |
| 2014 | $6,012 | $326,855 | $61,477 | $265,378 |
Source: Public Records
Agents Affiliated with this Home
-
Oscar Castro
-
I
Seller Co-Listing Agent in 2016
Ivan Miletich
Realty One Group West
-
Manvel Tabakian
Buyer's Agent in 2016
Manvel Tabakian
Sotheby's International Realty
(323) 376-2222
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16085814
APN: 680-401-004
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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