NOT LISTED FOR SALE

Estimated Value: $331,939 - $414,000

1 Bed
1 Bath
575 Sq Ft
$626/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $132,000 $230 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $2,252/month

4 Days on Market

Highlights

  • No Units Above
  • 15,033 Sq Ft lot
  • Courtyard Views
  • Gated Community
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2016

Investor's dream! This great 1 bedroom/1 bathroom unit is situated in a nicely maintained and gated complex and looks out to the lovely courtyard from the second floor. It comes with all appliances that are within, including a portable a/c unit! The unit also has nice hardwood floors, a large kitchen, and plenty of built in closets for storage. It feels bigger than you would think. The complex is centrally located, near shopping centers, cafes, public transportation and restaurants. Please come take a look!

Last Agent to Sell the Property

Daniel Paz

Compass License #01950300 Listed on: 07/29/2016

Compass

Last Buyer's Agent

Feven Belay

The Realestate Group License #01899406

The Realestate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,082

Year Built

  • Built in 1956

Lot Details

  • 0.35 Acre Lot
  • Property fronts an alley
  • No Units Above
  • Two or More Common Walls
  • Security Fence

HOA Fees

  • $119 Monthly HOA Fees

Home Design

  • Property Attached
  • Turnkey

Interior Spaces

  • 575 Sq Ft Home
  • Wood Flooring
  • Courtyard Views
  • Gas Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 10 / 34
  • Tax Tract Number 5758
  • Assessor Parcel Number 7272020027

Community Details

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • New Taxes Expense $1,449
  • Gross Income $981
  • Net Operating Income $1,428

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,082

Year Built

Built in 1956

Lot Details

0

HOA Fees

$119 per month

Listing Details

  • CapRate: 9.00
  • Inclusions: All appliances
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Gated Community
  • Subdivision Name Other: Cedar Gardens
  • View: Yes
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 7272020027
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Wood
  • Appliances: Yes
  • Entry Level: 2
  • Price Per Square Foot: 229.57

Exterior Features

  • View: Courtyard
  • Fencing: Security
  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 119.00
  • Association Fee Frequency: Monthly
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15033.00
  • Price Per Lot Square Foot: 8.78

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 981.00
  • Gross Scheduled Income: 13200.00
  • Net Operating Income: 1428.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 1428.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1449.00
  • Tax Block: 34
  • Tax Lot: 10
  • Tax Tract Number: 5758

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2022
Sold by
Lidia Belay
Bought by
Belay Lidia and Fab Investments Llc
Current Estimated Value
$359,511

Purchase Details

Closed on
Apr 23, 2018
Sold by
Belay Feven
Bought by
Fab Investments Llc

Purchase Details

Listed on
Jul 29, 2016
Closed on
Aug 15, 2016
Sold by
Quisenberry Michael and Quisenberry Pam
Bought by
Belay Feven and Belay Lidia
Seller's Agent
Daniel Paz
Compass
Buyer's Agent
Feven Belay
The Realestate Group
List Price
$130,000
Sold Price
$132,000
Premium/Discount to List
$2,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%

Purchase Details

Closed on
May 7, 2015
Sold by
Avalos Horacio Mancilla
Bought by
Quisenberry Michael and Quisenberry Pam

Purchase Details

Closed on
Aug 23, 2013
Sold by
Blankenbiller Douglas W
Bought by
Avalos Horacio Mancilla

Purchase Details

Closed on
May 22, 2001
Sold by
Robertson Frederick L and Robertson Alexander C
Bought by
Biller Douglas W Blanken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,350
Interest Rate
6.5%

Purchase Details

Closed on
Jul 28, 1995
Sold by
Elliott Sonna J and Robertson Frederick L
Bought by
Robertson Frederick L and Robertson Alexander C
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
Belay Lidia -- --
Fab Investments Llc -- None Available
Belay Feven $132,000 First American Title Company
Quisenberry Michael $128,000 Usa National Title Co
Avalos Horacio Mancilla $110,000 Western Resources Title
Biller Douglas W Blanken $39,000 Chicago Title Co
Robertson Frederick L $54,914 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Biller Douglas W Blanken $25,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $132,000 +1.5% $230 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $130,000 -- $226 / 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 $2,082 $153,190 $69,632 $83,558
2024 $2,082 $150,187 $68,267 $81,920
2023 $2,045 $147,243 $66,929 $80,314
2022 $1,922 $144,357 $65,617 $78,740
2021 $1,880 $141,528 $64,331 $77,197
2020 $1,875 $140,078 $63,672 $76,406
2019 $1,853 $137,332 $62,424 $74,908
2018 $1,807 $134,640 $61,200 $73,440
2017 $119 $132,135 $62,133 $70,002
2016 $1,666 $129,545 $60,915 $68,630
2015 $1,428 $112,197 $45,899 $66,298
2014 -- $110,000 $45,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16166215

California Regional Multiple Listing Service (CRMLS)

APN: 7272-020-027