NOT LISTED FOR SALE

Estimated Value: $641,000 - $795,000

4 Beds
2 Baths
1,634 Sq Ft
$434/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $585,000 $358 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,416/month

17 Days on Market

Highlights

  • Peek-A-Boo Views
  • Cooling System Mounted To A Wall/Window
  • Attached Carport
  • Craftsman Architecture
  • Laundry Room
  • Landscaped

About This Home

As of August 2021

Wonderful investor opportunity to own two detached single family homes on a large 8,850 SF, flat lot. 737 East D Street is the front home facing D Street, and 735 East D Street is the back home with access from the paved alley. The 2 homes are completely detached from one another and are separately metered for water, gas, and electricity. The craftsman style front house was originally built in 1922 and features a raised foundation for easy serviceability. The home features 2 bedrooms, 1 bathroom, and approximately 884sf of living space. There is an indoor laundry/mudroom, kitchen with an eat-in dining area, and built-ins in the living room. This home has the traditional craftsman open front porch and wonderful curb appeal from D Street. There is a long concrete driveway with parking for the front house that can accommodate 3+ cars and is accessible from D Street. The front house also has a private backyard with a perimeter fence and a nice grass area. This is a great space for summer BBQs, family gatherings, or a place for kids or pets to play. The detached back house was built on a concrete slab in 1953 and features 2 bedrooms, 1 bathroom, and approximately 750sf of open living space. The back home features an open kitchen/dining area/living room, fireplace, and covered front porch/carport. The back home has a separate entrance from the alley so you won't need to disturb the front house with possible pass through traffic. There is ample parking for the back home, with possible RV, boat, or toy parking. Both homes have newer exterior paint. Centrally located near schools, shopping/restaurants, freeways, and public transportation. Don't miss this great investment opportunity.

Last Agent to Sell the Property

Joey Ortega

Home Free Realty License #01852729 Listed on: 06/16/2021

Last Buyer's Agent

Daniel Hernandez

VISMAR REAL ESTATE License #01886782

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,665

Year Built

  • Built in 1922

Lot Details

  • 8,850 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Back and Front Yard

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Craftsman Architecture
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,634 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Attached Carport
  • Parking Available
  • Driveway
  • Paved Parking
  • RV Potential

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 33
  • Tax Tract Number 15
  • Assessor Parcel Number 1048402200000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,665

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Architectural Style: Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 1048402200000
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 358.02
  • Room Type: Kitchen, Living Room

Exterior Features

  • Direction Faces: South
  • Foundation: Raised, Slab
  • View: Mountain(s), Peek-A-Boo
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Asphalt, Composition, Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Attached Carport, Driveway, Concrete, RV Potential
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lot 6500-9999
  • Lot Size Sq Ft: 8850.00
  • Lot Size Acres: 0.2032
  • Latitude Manual: 34.06734200

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 29880.00
  • Gross Scheduled Income: 29880.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 8850.0000 Square Feet
  • Net Operating Income: 19708.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 10172.00
  • Rent Control: No
  • Total Actual Rent: 29880.00
  • Total Expenses: 1500.00

Tax Info

  • Tax Census Tract: 15.01
  • Tax Lot: 33
  • Tax Tract Number: 15.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 19, 2021
Sold by
Diana L Thompson Investments Llc
Bought by
Hernandez Daniel and Monges Hernandez Maya
Seller's Agent
Joey Ortega
Home Free Realty
Buyer's Agent
Daniel Hernandez
VISMAR REAL ESTATE
List Price
$549,800
Sold Price
$585,000
Premium/Discount to List
$35,200
6.4%
Current Estimated Value
$708,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,597
Avg. Annual Appreciation
4.82%
Original Mortgage
$297,500
Outstanding Balance
$271,103
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$437,494

Purchase Details

Listed on
Aug 6, 2013
Closed on
Aug 21, 2013
Sold by
Lopez Pete J and Lopez Natalia
Bought by
Diana L Thompson Investments Llc
Seller's Agent
Joey Ortega
Home Free Realty
Buyer's Agent
Joey Ortega
Home Free Realty
List Price
$325,000
Sold Price
$312,000
Premium/Discount to List
-$13,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
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
Hernandez Daniel $585,000 Wfg National Title Co Of Ca
Diana L Thompson Investments Llc $312,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Daniel $297,500
Closed Hernandez Daniel $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $585,000 +6.4% $358 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $549,800 +76.2% $336 / Sq Ft
09/19/2013 09/19/13 Sold $312,000 -4.0% $191 / Sq Ft
08/18/2013 08/18/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $325,000 -- $199 / 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 $6,665 $620,807 $212,242 $408,565
2024 $6,665 $608,634 $208,080 $400,554
2023 $6,477 $596,700 $204,000 $392,700
2022 $6,392 $585,000 $200,000 $385,000
2021 $3,922 $353,343 $123,444 $229,899
2020 $3,853 $349,720 $122,178 $227,542
2019 $3,820 $342,862 $119,782 $223,080
2018 $3,768 $336,139 $117,433 $218,706
2017 $3,633 $329,548 $115,130 $214,418
2016 $3,489 $323,087 $112,873 $210,214
2015 $3,466 $318,234 $111,178 $207,056
2014 $3,358 $312,000 $109,000 $203,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21130968

California Regional Multiple Listing Service (CRMLS)

APN: 1048-402-20