NOT LISTED FOR SALE

Estimated Value: $645,000 - $836,000

5 Beds
3 Baths
1,773 Sq Ft
$424/Sq Ft Est. Value

Last Sold March 30, 2016

Last sale price $405,000 $228 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,438/month

22 Days on Market

Highlights

  • Traditional Architecture
  • Cooling Available
  • Laundry Room
  • No HOA
  • Living Room
  • Tile Flooring

About This Home

As of March 2016

Great opportunity to buy a Duplex in a very desirable neighborhood. Live in one and rent the other. Front unit has 3 bedrooms and 2 bath and rear unit has 2 bedrooms and 1 bath. Conviniently located near shopping schools and easy freeway accesss.

Last Agent to Sell the Property

henry vega

Enrique Henry Vega Jr. Broker License #01765081 Listed on: 01/26/2016

Last Buyer's Agent

ROBERT TERRAZAS

Prevail Realty Group, Inc. License #01446264

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 5,104 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,773 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Security

  • Window Bars
  • Alarm System
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Urban Location
  • Cooling Available

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 656
  • Tax Tract Number 2395
  • Assessor Parcel Number 6023018027

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Fuel Expense $360
  • Insurance Expense $450
  • Trash Expense $420
  • Water Sewer Expense $1,680
  • New Taxes Expense $3,711
  • Operating Expense $7,101
  • Gross Income $508
  • Net Operating Income $6,099

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Smoke Detector(s), Window Bars, Wired for Alarm System
  • View: No
  • Water Sewer Expenses: 1680.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6023018027
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 228.43
  • Room Type: Living Room

Exterior Features

  • Foundation: Slab, Combination, Raised
  • Exterior Features: Rain Gutters
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Inside
  • Trash Expense: 420.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5104.00
  • Price Per Lot Square Foot: 79.35
  • Lot Size Acres: 0.1170

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Electric Expense: 480.00
  • Fuel Expense: 360.00
  • Gross Income: 508.00
  • Gross Scheduled Income: 13200.00
  • Insurance Expense: 450.00
  • Lot Size Area: 5104.0000 Square Feet
  • Net Operating Income: 6099.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 7101.00
  • Rent Control: No
  • Total Expenses: 7101.00

Tax Info

  • New Taxes Expense: 3711.00
  • Tax Lot: 656
  • Tax Tract Number: 2395

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Mar 28, 2016
Sold by
Guendoley Angelico
Bought by
Granillo Magana Noel A Escobar and Granillo Tobar Emilia B
Seller's Agent
henry vega
Enrique Henry Vega Jr. Broker
Buyer's Agent
ROBERT TERRAZAS
Prevail Realty Group, Inc.
List Price
$385,000
Sold Price
$405,000
Premium/Discount to List
$20,000
5.19%
Current Estimated Value
$752,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,279
Avg. Annual Appreciation
6.56%
Original Mortgage
$397,664
Outstanding Balance
$315,296
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$436,983

Purchase Details

Listed on
Jan 26, 2016
Closed on
Mar 25, 2016
Sold by
Tobar Dominga Escobar
Bought by
Magana Noel A Escobar
Seller's Agent
henry vega
Enrique Henry Vega Jr. Broker
Buyer's Agent
ROBERT TERRAZAS
Prevail Realty Group, Inc.
List Price
$385,000
Sold Price
$405,000
Premium/Discount to List
$20,000
5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,664
Outstanding Balance
$315,296
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$436,983

Purchase Details

Closed on
Feb 17, 2012
Sold by
Keniston Llc
Bought by
Guendoley Angelico

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,902
Interest Rate
3.84%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2011
Sold by
Carlyle Assets Inc
Bought by
Keniston Llc

Purchase Details

Closed on
Dec 16, 2010
Sold by
Wells Fargo Bank N A
Bought by
Carlyle Assets Inc

Purchase Details

Closed on
Nov 30, 2009
Sold by
Perez Eufemia
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 9, 2009
Sold by
Perez Eufemia
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 20, 2005
Sold by
Plascencia Regino C and Plascencia Josefina
Bought by
Perez Eufemia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.49%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 13, 1997
Sold by
Plascencia Regino C and Plascencia Josefina
Bought by
Plascencia Regino C and Plascencia Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.25%

Purchase Details

Closed on
Aug 4, 1993
Sold by
Arey Alejandro C
Bought by
Plascencia Regino C and Plascencia Josefina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Granillo Magana Noel A Escobar $405,000 Pacific Coast Title
Magana Noel A Escobar -- Pacific Coast Title
Guendoley Angelico $280,000 Fidelity National Title Co
Guendoley Angelico -- Fidelity
Keniston Llc -- None Available
Carlyle Assets Inc $164,000 None Available
Wells Fargo Bank Na $493,857 Accommodation
Wells Fargo Bank Na $250,000 Accommodation
Perez Eufemia $520,000 United Title Company-La
Plascencia Regino C -- American Title Ins Co
Plascencia Regino C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Granillo Magana Noel A Escobar $397,664
Previous Owner Guendoley Angelico $272,902
Previous Owner Perez Eufemia $416,000
Previous Owner Plascencia Regino C $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2016 03/30/16 Sold $405,000 +5.2% $228 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $385,000 -- $217 / 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 $5,960 $479,430 $236,756 $242,674
2024 $5,960 $470,030 $232,114 $237,916
2023 $5,849 $460,814 $227,563 $233,251
2022 $5,581 $451,779 $223,101 $228,678
2021 $5,507 $442,922 $218,727 $224,195
2020 $5,560 $438,382 $216,485 $221,897
2019 $5,345 $429,788 $212,241 $217,547
2018 $5,269 $421,362 $208,080 $213,282
2016 $3,740 $297,088 $190,985 $106,103
2015 $3,688 $292,627 $188,117 $104,510
2014 $3,711 $286,896 $184,433 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16016646

California Regional Multiple Listing Service (CRMLS)

APN: 6023-018-027