NOT LISTED FOR SALE
12 Beds
15 Baths
5,894 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: November 16, 2021

Last sale price $2,640,000 $448 Per Sq Ft

38 Days on Market

Highlights

  • 9 Car Garage
  • Westminster High School Rated A
  • 3-minute walk to Frank G Fry Park

About This Home

As of November 2021

Generational investment opportunity built in 1982 with visibility at the hard corner of 20th Street and Olive Street. This well-maintained property has an exceptional unit mix of 2-bedroom/2.5 bathrooms and is fully leased with tenant base of majority families.

Last Agent to Sell the Property

Daniel Blackwell

CB Richard Ellis, Inc. License #01854961 Listed on: 08/17/2021

Last Buyer's Agent

Mel Truong

Alta Realty Group CA, Inc. License #02069061

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 11,070 Sq Ft Lot

Parking

  • 9 Car Garage
  • 3 Open Parking Spaces

Interior Spaces

  • 5,894 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 15 Bathrooms

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 096-064-23

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0.25 Acres

Parking

9

Listing Details

  • Property Type: Residential Income
  • Additional Assessor Parcel Numbers: No
  • Living Area: 5894
  • Lot Acreage: 0.2500
  • Stories: 2
  • Year Built: 1983
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 15.00
  • Price Per S Q F T: 447.91

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 9
  • Other Spaces: 3
  • Parking Garage: Garage, Uncovered
  • Total Parking: 12

Lot Info

  • Assessed Improvement Percent: 40.20
  • Assessed Improvement Value: 407009
  • Assessed Land Percent: 59.8
  • Assessed Land Value: 605373
  • Total Assessed Value: 1012382
  • Assessor Parcel Number: 096-064-23
  • Lot Size Area: 11070

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 17.45
  • Number Of Units: 6
  • Type Of Units: Apartments

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,245,801
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,640,000 Chicago Title Co Com Div
-- United General Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,400,000
Previous Owner $750,000
Previous Owner $600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/16/2021 11/16/21 Sold $2,640,000 0.0% $448 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $2,640,000 -- $448 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $33,180 $2,857,620 $2,474,343 $383,277
2025 $33,180 $2,801,589 $2,425,827 $375,762
2024 $32,751 $2,746,656 $2,378,261 $368,395
2023 $31,640 $2,692,800 $2,331,628 $361,172
2022 $31,171 $2,640,000 $2,285,909 $354,091
2021 $13,244 $1,022,870 $611,645 $411,225
2020 $13,090 $1,012,382 $605,373 $407,009
2019 $12,954 $992,532 $593,503 $399,029
2018 $12,946 $973,071 $581,866 $391,205
2017 $12,480 $953,992 $570,457 $383,535
2016 $12,107 $935,287 $559,272 $376,015
2015 $11,904 $921,239 $550,872 $370,367
2014 $11,643 $903,194 $540,081 $363,113
Source: Public Records

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Map

Source: The MLS

MLS Number: 21-773540

The MLS
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