NOT LISTED FOR SALE

70 Lausanne Ave Daly City, CA 94014

Hillside Neighborhood

Estimated Value: $1,366,000 - $1,624,000

5 Beds
4 Baths
4,348 Sq Ft
$335/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $1,140,000 $262 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,189/month

20 Days on Market

Highlights

  • Contemporary Architecture
  • Forced Air Heating System
  • Carpet
  • Westmoor High School Rated A-
  • Coin Laundry
  • 2-minute walk to Edgewood Park

About This Home

As of August 2017

This home is located at 70 Lausanne Ave, Daly City, CA 94014 since 02 June 2017 and is currently estimated at $1,456,991, approximately $335 per square foot. This property was built in 1965. 70 Lausanne Ave is a home located in San Mateo County with nearby schools including John F. Kennedy Elementary School, Thomas R. Pollicita Middle School, and Jefferson High School.

Last Agent to Sell the Property

Raymond Lam

The Source Real Estate Company License #01904060 Listed on: 06/02/2017

Last Buyer's Agent

George Lai

Far East Realty License #00986068

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,000

Year Built

  • 1965

Lot Details

  • 2,483 Sq Ft Lot
  • Lot Sloped Down

Parking

  • 3 Car Garage
  • 1 Carport Space

Home Design

  • Triplex
  • Contemporary Architecture
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 4,348 Sq Ft Home
  • 3-Story Property
  • Carpet

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $63,000

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Insurance Expense $1,500
  • Maintenance Expense $300
  • Utility Expense $5,000
  • Operating Expense $15,560
  • Gross Income $63,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,000

Year Built

1965

Lot Details

0

Parking

3

Listing Details

  • Zoning: RM0000
  • Subclass: Triplex
  • Style: Contemporary
  • Age: 52
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4348
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Living Sq Ft: 4348
  • Stories: 3
  • Laundry: Coin Operated
  • Flooring: Carpet

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar And Gravel

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Common Parking Area
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Unknown

Schools

  • School District: Jefferson Union High

Lot Info

  • Lot Description: Grade - Sloped Down
  • Lot Acres: 0.0570
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.25
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1500
  • Expense Maintenance: 300
  • Expenses Total: 15560
  • Expenses Utility: 5000
  • Income Annual Gross: 63000.00
  • Income Annual Rental: 63000
  • Income Gross Scheduled: 63000
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Utilities - Water
  • Tenant Expenses: Rent Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2018
Sold by
Chen Joe and Chen Jenny
Bought by
Chen Joe and Chen Jenny
Current Estimated Value
$1,456,991

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jul 31, 2017
Sold by
Yip Pui Ching and Huang Jia Zhou
Bought by
Chen Joe and Chen Jenny
Seller's Agent
Raymond Lam
The Source Real Estate Company
Buyer's Agent
George Lai
Far East Realty
List Price
$1,150,000
Sold Price
$1,140,000
Premium/Discount to List
-$10,000
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%
Original Mortgage
$610,000
Outstanding Balance
$332,378
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,089,121

Purchase Details

Closed on
Sep 20, 2016
Sold by
Yip Pui Ching
Bought by
Yip Pui Ching and Huang Jia Zhou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2013
Closed on
Jul 29, 2013
Sold by
Reyes Bernardo R and Reyes Rosenda A
Bought by
Yip Pui Ching
Seller's Agent
Alicia Atienza
Statewide Realty
Buyer's Agent
Alicia Atienza
Statewide Realty
List Price
$730,000
Sold Price
$730,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$438,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 3, 2013
Closed on
Jul 23, 2013
Sold by
Huang Jia Zhou
Bought by
Yip Pui Ching
Seller's Agent
Alicia Atienza
Statewide Realty
Buyer's Agent
Alicia Atienza
Statewide Realty
List Price
$730,000
Sold Price
$730,000

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
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 8, 2011
Sold by
Reyes Bernardo R and Reyes Rosenda A
Bought by
Reyes Bernardo R and Reyes Rosenda A

Purchase Details

Closed on
Jul 7, 2003
Sold by
Revoc Bernardo R Reyes and Revoc Rosenda A Reyes
Bought by
Reyes Bernardo R and Reyes Rosenda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 1993
Sold by
Madaras Paul J R and Madaras Elizabeth
Bought by
Reyes Bernardo R and Reyes Rosenda A
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
Chen Joe -- None Available
Chen Joe $1,140,000 First American Title Company
Yip Pui Ching -- Old Republic Title Company
Yip Pui Ching $730,000 Fidelity National Title Co
Yip Pui Ching -- Fidelity National Title Co
Reyes Bernardo R -- None Available
Reyes Bernardo R -- American Title
Reyes Bernardo R $60,000 First California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Joe $610,000
Previous Owner Yip Pui Ching $422,000
Previous Owner Yip Pui Ching $438,000
Previous Owner Reyes Bernardo R $305,000
Previous Owner Reyes Bernardo R $100,000
Previous Owner Reyes Bernardo R $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $1,140,000 -0.9% $262 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $1,150,000 +57.5% $264 / Sq Ft
07/31/2013 07/31/13 Sold $730,000 0.0% $168 / Sq Ft
07/14/2013 07/14/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $730,000 -- $168 / Sq Ft
Source: MLSListings

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 $15,000 $1,297,121 $773,722 $523,399
2023 $15,000 $1,246,754 $743,678 $503,076
2022 $15,050 $1,222,309 $729,097 $493,212
2021 $14,967 $1,198,343 $714,801 $483,542
2020 $15,612 $1,186,056 $707,472 $478,584
2019 $16,098 $1,162,800 $693,600 $469,200
2018 $14,994 $1,140,000 $680,000 $460,000
2017 $10,598 $771,056 $385,528 $385,528
2016 $10,046 $755,938 $377,969 $377,969
2015 $9,997 $744,584 $372,292 $372,292
2014 $9,767 $730,000 $365,000 $365,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Raymond Lam

    The Source Real Estate Company

  • G

    Buyer's Agent in 2017

    George Lai

    Far East Realty

  • A

    Seller's Agent in 2013

    Alicia Atienza

    Statewide Realty

    (650) 755-1816

    1 in this area

    27 Total Sales

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Map

Source: MLSListings

MLS Number: ML81654273

MLSListings

APN: 003-392-340

California San Mateo County Daly City 94014 Hillside

70 Lausanne Ave, Daly City, CA

This home is located at 70 Lausanne Ave, Daly City, CA 94014 since 02 June 2017 and is currently estimated at $1,456,991, approximately $335 per square foot. This property was built in 1965. 70 Lausanne Ave is a home located in San Mateo County with nearby schools including John F. Kennedy Elementary School, Thomas R. Pollicita Middle School, and Jefferson High School.

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