NOT LISTED FOR SALE

Estimated Value: $580,412 - $622,000

4 Beds
3 Baths
2,734 Sq Ft
$219/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $425,000 $155 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,748/month

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Cooling Available
  • Heating Available

About This Home

As of March 2021

!!!! 3 Units total !!! One Unit is a 2 bedrooms 1 Bath with it's own private back yard .. the other Two units are oversize 1 bedroom 1 bath..... Each Units has a 1 car garage !!! Each unit has its own electric and gas meter.. Fully Occupied with great tenants .. Ideal investment property for investor looking for rental income.. Property Close to Schools, freeways and shopping centers .. These units will not last !!!!Must see

Last Agent to Sell the Property

Jerry Casillas

RE/MAX TIME REALTY License #01357901 Listed on: 12/14/2020

RE/MAX TIME REALTY

Last Buyer's Agent

Olga Arevalo

CENTURY 21 CITRUS REALTY INC License #01966840

CENTURY 21 CITRUS REALTY INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,778

Year Built

  • Built in 1942

Lot Details

  • 6,916 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,734 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 8 / 35
  • Tax Tract Number 5500
  • Assessor Parcel Number 0145231140000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $600
  • Water Sewer Expense $1,500
  • New Taxes Expense $4,950
  • Operating Expense $8,850
  • Net Operating Income $32,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,778

Year Built

Built in 1942

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Parcel Number: 0145231140000
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 155.45
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6916.00
  • Lot Size Acres: 0.1588

Multi Family

  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6916.0000 Square Feet
  • Net Operating Income: 32650.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3350.00
  • Rent Control: No
  • Total Expenses: 8850.00

Tax Info

  • New Taxes Expense: 4950.00
  • Tax Block: 35
  • Tax Census Tract: 55.00
  • Tax Lot: 8
  • Tax Tract Number: 005500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2022
Sold by
Colomer Williams Casimiro Gaitan and Colomer Monic
Bought by
Williams And Monica Gaitan Living Trust and Colomer
Current Estimated Value
$599,353

Purchase Details

Closed on
Dec 20, 2020
Sold by
Gichuru Stephen
Bought by
Colomer William Gaitan and Gaitan Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2019
Closed on
Mar 19, 2019
Sold by
Arzola Ygnacio and Arzola Manuela
Bought by
Gichuru Stephen
Seller's Agent
JACINTA JARRELL
POWER HOUSE TEAM
Buyer's Agent
JACINTA JARRELL
POWER HOUSE TEAM
List Price
$360,000
Sold Price
$335,000
Premium/Discount to List
-$25,000
-6.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$245,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2006
Sold by
Arzola Imelda
Bought by
Arzola Ignacio and Arzola Manuela

Purchase Details

Closed on
Jun 28, 1995
Sold by
Arzola Ignacio and Arzola Manuela
Bought by
Arzola Imelda and Arzola W
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
Williams And Monica Gaitan Living Trust -- None Listed On Document
Colomer William Gaitan $425,000 Pacific Coast Title Company
Gichuru Stephen $335,000 Ticor Title
Arzola Ignacio -- None Available
Arzola Imelda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colomer William Gaitan $293,750
Previous Owner Gichuru Stephen $245,000
Previous Owner Arzola Ignacio $187,200
Previous Owner Arzola Ignacio $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $425,000 -5.6% $155 / Sq Ft
12/14/2020 12/14/20 For Sale $449,999 +34.3% $165 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
04/04/2019 04/04/19 Sold $335,000 -6.9% $123 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $360,000 -- $132 / 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 $5,778 $460,034 $108,243 $351,791
2024 $5,778 $451,014 $106,121 $344,893
2023 $5,634 $442,170 $104,040 $338,130
2022 $5,647 $433,500 $102,000 $331,500
2021 $4,629 $345,240 $72,140 $273,100
2020 $4,643 $341,700 $71,400 $270,300
2019 $4,866 $363,000 $110,000 $253,000
2018 $4,472 $330,000 $100,000 $230,000
2017 $3,484 $257,600 $34,300 $223,300
2016 $3,071 $228,400 $30,400 $198,000
2015 $2,772 $209,400 $27,900 $181,500
2014 $2,552 $194,400 $25,900 $168,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20257316

California Regional Multiple Listing Service (CRMLS)

APN: 0145-231-14