NOT LISTED FOR SALE

Estimated Value: $673,000 - $814,768

4 Beds
2 Baths
2,108 Sq Ft
$348/Sq Ft Est. Value

Last Sold October 24, 2015

Last sale price $375,000 $178 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,575/month

8 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Laundry Room
  • Fireplace in Bathroom
  • Walk-In Closet
  • Wall Furnace

About This Home

As of October 2015

A large two unit rental duplex built in 1921 (estimated). Each unit contains two bedrooms and one bathroom. Total building area of 2108 sq ft. Unit 7100. 2 bedrooms, one bathroom, living room / lounge area. Large kitchen area with space for washing machine and dryer. Wall mounted heating unit. Separate water heater located exterior of property. Quiet long term tenant (12 years+). Unit 7102.
2 bedrooms, one bathroom, living room / lounge area. Large kitchen area. Washing machine and dryer are located exterior of property. Wall mounted heating unit. Separate water heater located exterior of property. Quiet long term tenant (10 years).
Large communal at rear of property with additional storage. Two non-attached single car garages adjoin property.

Last Agent to Sell the Property

Peter Solomon

T N G Real Estate Consultants License #01375529 Listed on: 08/27/2015

Last Buyer's Agent

Peter Solomon

T N G Real Estate Consultants License #01375529 Listed on: 08/27/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,713

Year Built

  • Built in 1921

Lot Details

  • 6,011 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Craftsman Architecture
  • Property Attached
  • Raised Foundation
  • Shingle Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,108 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Electric Cooktop
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 6
  • Tax Tract Number 1429
  • Assessor Parcel Number 6013028018

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $50
  • Insurance Expense $100
  • Trash Expense $50
  • Water Sewer Expense $50
  • Net Operating Income $27,689

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,713

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • View: No
  • Water Sewer Expenses: 50.00
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Gardener Expense: 50.00
  • Parcel Number: 6013028018
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Full
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Fireplace Features: Bath, Kitchen, Living Room
  • Levels: One
  • Price Per Square Foot: 177.89
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Walk-In Closet

Exterior Features

  • Foundation: Raised
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Off Street, Garage - Single Door
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, In Kitchen, Outside
  • Sewer: Sewer Paid
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6011.00
  • Price Per Lot Square Foot: 64.05
  • Lot Size Acres: 0.1380

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 31548.00
  • Insurance Expense: 100.00
  • Lot Size Area: 6011.0000 Square Feet
  • Net Operating Income: 27689.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3859.00
  • Rent Control: Yes
  • Total Actual Rent: 2629.00

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 1429

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2015
Closed on
Sep 23, 2015
Sold by
Davidson Barry
Bought by
Mittal Assets Lp
Seller's Agent
Peter Solomon
T N G Real Estate Consultants
Buyer's Agent
Peter Solomon
T N G Real Estate Consultants
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%
Current Estimated Value
$758,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,164
Avg. Annual Appreciation
7.04%
Original Mortgage
$30,000,000
Outstanding Balance
$23,669,291
Interest Rate
3.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$22,935,599

Purchase Details

Closed on
Nov 12, 2005
Sold by
Davidson Barry
Bought by
Davidson Barry

Purchase Details

Closed on
Jul 25, 2005
Sold by
Davidson Asuncion Quizon
Bought by
Davidson Barry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 14, 2005
Sold by
Rodriguez Manuel Maldonado
Bought by
Davidson Barry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 7, 2003
Sold by
Saltos Carlos
Bought by
Rodriguez Manuel Maldonado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2003
Sold by
Pelayo Carmela Pelayo
Bought by
Rodriguez Manuel Maldonado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 1999
Sold by
Espinoza Gilberto and Espinoza Arcella
Bought by
Saltos Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,487
Interest Rate
7.68%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 1999
Sold by
Residential Funding Corp
Bought by
Espinoza Gilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,487
Interest Rate
7.68%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 1999
Sold by
Williams Kevin A
Bought by
Residential Funding Corp

Purchase Details

Closed on
Jan 22, 1999
Sold by
Williams Kevin A
Bought by
Federal Housing Relief

Purchase Details

Closed on
Sep 17, 1997
Sold by
Torres Cain
Bought by
Williams Kevin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.26%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 22, 1997
Sold by
Segel Jill
Bought by
Torres Cain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,400
Interest Rate
7.96%

Purchase Details

Closed on
Jun 25, 1996
Sold by
Emmanuel Elzi G and Segel Jill
Bought by
Segel Jill

Purchase Details

Closed on
Oct 1, 1993
Sold by
R E F S Inc
Bought by
Goodwin Ethel Lisa
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
Mittal Assets Lp $375,000 Ticor Title
Davidson Barry -- None Available
Davidson Barry T -- Alliance
Davidson Barry T $415,000 Alliance
Rodriguez Manuel Maldonado $250,000 Stewart Title
Rodriguez Manuel Maldonado -- Stewart Title
Saltos Carlos $185,000 --
Espinoza Gilberto $121,000 First American Title Co
Residential Funding Corp $127,500 Fidelity National Title Ins
Federal Housing Relief -- --
Williams Kevin A $179,000 --
Torres Cain $75,000 First American Title Co
Segel Jill $85,000 Fidelity National Title Ins
Goodwin Ethel Lisa $27,533 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mittal Assets Lp $269,000
Closed Mittal Assets Lp $270,000
Open Mittal Assets Lp $30,000,000
Previous Owner Davidson Barry T $332,000
Previous Owner Rodriguez Manuel Maldonado $0
Previous Owner Rodriguez Manuel Maldonado $262,000
Previous Owner Rodriguez Manuel Maldonado $200,000
Previous Owner Saltos Carlos $28,465
Previous Owner Saltos Carlos $24,000
Previous Owner Saltos Carlos $183,487
Previous Owner Williams Kevin A $25,000
Previous Owner Williams Kevin A $172,546
Previous Owner Torres Cain $81,400
Closed Rodriguez Manuel Maldonado $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2015 10/24/15 Sold $375,000 -2.6% $178 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $385,000 -- $183 / 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 $5,713 $443,919 $295,947 $147,972
2024 $5,713 $435,216 $290,145 $145,071
2023 $5,613 $426,683 $284,456 $142,227
2022 $5,370 $418,318 $278,879 $139,439
2021 $5,295 $410,116 $273,411 $136,705
2019 $5,146 $397,953 $265,302 $132,651
2018 $5,014 $390,150 $260,100 $130,050
2016 $4,785 $375,000 $250,000 $125,000
2015 $4,846 $380,000 $276,800 $103,200
2014 $4,356 $330,000 $240,400 $89,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15191656

California Regional Multiple Listing Service (CRMLS)

APN: 6013-028-018