NOT LISTED FOR SALE

7245 Harding Cir Buena Park, CA 90620

Estimated Value: $1,538,000 - $1,674,000

6 Beds
4 Baths
2,800 Sq Ft
$583/Sq Ft Est. Value

Last Sold June 17, 2020

Last sale price $1,075,000 $384 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $10,030/month

138 Days on Market

Highlights

  • Cul-De-Sac
  • Laundry Room
  • Back and Front Yard
  • Western High School Rated A-
  • Central Heating and Cooling System

About This Home

As of June 2020

This property is currently leased out to an operating who has a 5-year lease. Tenant is about to enter their 3rd year of the lease. Rent Caps at $9000 per month on the 5th year. Tenant has two 5-year options to extend subject to CPI increases. Great Investment property with very little to no maintenance obligations. Property was completely remodeled in 2016 and is licensed as a Congregate Living Health Facility (CLHF). Landlord was very detailed and left no stone un-turned for this remodel. Property is equipped with fire sprinklers, fire alarm system, back-up generator, nurses call system, central ethernet connections, commercial a/c and tank-less water heater system. Property consists of wide hallways, open common area, six large bedrooms, three walk-in showers and one staff restroom.

Last Agent to Sell the Property

Amed Franco

A-Med Realty Group License #01449974 Listed on: 01/12/2020

Last Buyer's Agent

Alok Kumar

Dotted Line Realty License #01210913

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,150

Year Built

  • Built in 2016

Lot Details

  • 10,395 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Back and Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 2,800 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • Gross Income $9,000

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 3388
  • Assessor Parcel Number 13519234

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,150

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Presidents Tract
  • Property Type: Residential Income
  • Parcel Number: 13519234
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 383.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard
  • Lot Size Sq Ft: 10395.00
  • Lot Size Acres: 0.2386

Multi Family

  • Gross Income: 9000.00
  • Lot Size Area: 10395.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Control: No

Tax Info

  • Tax Lot: 51
  • Tax Tract Number: 3388

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2020
Closed on
Jun 3, 2020
Sold by
Harding Circle Bp Llc
Bought by
Nair Radhika and Radhika Nair Living Trust
Seller's Agent
Amed Franco
A-Med Realty Group
Buyer's Agent
Alok Kumar
Dotted Line Realty
List Price
$1,200,000
Sold Price
$1,075,000
Premium/Discount to List
-$125,000
-10.42%
Current Estimated Value
$1,631,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,845
Avg. Annual Appreciation
8.44%

Purchase Details

Closed on
Aug 17, 2016
Sold by
Arneson Builders Inc
Bought by
Harding Circle Bp Llc

Purchase Details

Closed on
Jul 28, 2015
Sold by
Kennedy Patrick P
Bought by
Arneson Builders Inc

Purchase Details

Closed on
Jul 28, 2004
Sold by
Sweeney Eileen L
Bought by
Sweeney Eileen L and The Sweeney Revocable Living Trust
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
Nair Radhika $1,075,000 Ticor Title
Harding Circle Bp Llc -- None Available
Arneson Builders Inc $545,000 Fatco
Sweeney Eileen L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arneson Builders Inc $316,100
Previous Owner Sweeney Eileen L $17,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2020 06/17/20 Sold $1,075,000 -10.4% $384 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
01/12/2020 01/12/20 For Sale $1,200,000 +120.2% $429 / Sq Ft
11/19/2015 11/19/15 Sold $545,000 +0.9% $383 / Sq Ft
11/06/2015 11/06/15 Pending -- -- --
10/31/2015 10/31/15 For Sale $539,900 -- $380 / 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 $13,150 $1,175,668 $835,686 $339,982
2024 $13,150 $1,152,616 $819,300 $333,316
2023 $12,832 $1,130,016 $803,235 $326,781
2022 $12,682 $1,107,859 $787,485 $320,374
2021 $12,502 $1,086,137 $772,044 $314,093
2020 $9,477 $811,845 $513,945 $297,900
2019 $9,233 $795,927 $503,868 $292,059
2018 $9,065 $780,321 $493,988 $286,333
2017 $8,776 $765,021 $484,302 $280,719
2016 $6,349 $545,000 $484,302 $60,698
2015 $860 $54,020 $23,060 $30,960
2014 $825 $52,962 $22,608 $30,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20009317

California Regional Multiple Listing Service (CRMLS)

APN: 135-192-34