NOT LISTED FOR SALE

Estimated Value: $767,000 - $874,151

4 Beds
4 Baths
1,475 Sq Ft
$553/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $670,000 $454 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,154/month

25 Days on Market

About This Home

As of September 2021

Great opportunity. Live in one, rent the other or buy as an investment property. Two units on a lot plus a bonus studio, both units are 2Bed/1Bath. Can be a good starter home that can give clash flow. This property has some of the greatest potential on the market. Rents are low and have not been raised in years, which gives a savvy investor the opportunity to increase cash-flow. DO NOT DISTURB TENANT.

Last Agent to Sell the Property

Juan Doyer

CA-RES License #02041473 Listed on: 06/15/2021

CA-RES

Last Buyer's Agent

Angel Hernandez

CA-RES License #01299735

CA-RES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,596

Year Built

  • Built in 1953

Lot Details

  • 8,912 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 1,475 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Listing and Financial Details

  • Tax Lot /136
  • Tax Tract Number 2970
  • Assessor Parcel Number 5470610500

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,596

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Price Per Unit: 309500
  • Property Attached: Yes
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5470610500
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 454.24

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Outside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8912.00
  • Lot Size Acres: 0.2046

Multi Family

  • Average1 Bed Area: 735 Square Feet
  • Average2 Bed Area: 735 Square Feet
  • Average Studio Area: 400 Square Feet
  • Lot Size Area: 8912.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 3200.00

Tax Info

  • Tax Lot: /136
  • Tax Tract Number: 002970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Aug 24, 2021
Sold by
Estrada Angela Luna
Bought by
Cureno Eduardo
Seller's Agent
Juan Doyer
CA-RES
Buyer's Agent
Angel Hernandez
CA-RES
List Price
$619,000
Sold Price
$670,000
Premium/Discount to List
$51,000
8.24%
Current Estimated Value
$816,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,038
Avg. Annual Appreciation
3.53%
Original Mortgage
$657,864
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 15, 2021
Closed on
Jul 29, 2021
Sold by
Gutierrez Jose and Gutierrez Dora
Bought by
Cureno Eduardo
Seller's Agent
Juan Doyer
CA-RES
Buyer's Agent
Angel Hernandez
CA-RES
List Price
$619,000
Sold Price
$670,000
Premium/Discount to List
$51,000
8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,864
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 2008
Sold by
Gutierrez Jose
Bought by
Gutierrez Jose and Gutierrez Dora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.72%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 20, 2003
Sold by
Gutierrez Dora
Bought by
Gutierrez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 12, 2002
Sold by
Gutierrez Jose and Gutierrez Gabriel
Bought by
Gutierrez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
9.3%

Purchase Details

Closed on
May 20, 1993
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
Cureno Eduardo -- Corinthian Title
Cureno Eduardo $670,000 Corinthian Title
Gutierrez Jose -- Chicago Title Company
Gutierrez Jose -- Ticor Title
Gutierrez Jose -- Commonwealth Land Title
-- $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cureno Eduardo $657,864
Previous Owner Gutierrez Jose $291,853
Previous Owner Gutierrez Jose $285,000
Previous Owner Gutierrez Jose $195,000
Previous Owner Gutierrez Jose $155,000
Previous Owner Gutierrez Jose $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $670,000 +8.2% $454 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $619,000 -- $420 / 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 $8,596 $711,007 $285,558 $425,449
2024 $8,596 $697,066 $279,959 $417,107
2023 $8,406 $683,399 $274,470 $408,929
2022 $8,183 $670,000 $269,089 $400,911
2021 $2,453 $196,332 $78,852 $117,480
2020 $2,423 $194,320 $78,044 $116,276
2019 $2,380 $190,511 $76,514 $113,997
2018 $2,145 $186,776 $75,014 $111,762
2017 $2,092 $183,115 $73,544 $109,571
2016 $2,056 $179,525 $72,102 $107,423
2015 $2,025 $176,829 $71,019 $105,810
2014 $1,992 $173,366 $69,628 $103,738
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2104183

California Regional Multiple Listing Service (CRMLS)

APN: 547-061-05