NOT LISTED FOR SALE

743 Southview Rd Arcadia, CA 91007

Arcadia Area

Estimated Value: $1,768,000 - $2,568,938

8 Beds
6 Baths
3,999 Sq Ft
$549/Sq Ft Est. Value

Sale Details

Date Sold: September 13, 2019

Last sale price $1,738,000 $435 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $13,815 / mo

11 Days on Market

Highlights

  • No Units Above
  • Laundry Facilities
  • Front Yard
  • Hugo Reid Elementary School Rated A+

About This Home

As of September 2019

Four great units in a wonderful Arcadia location. 3 of the 4 units have recent interior remodels. Easy access carport in back. Coin operated laundry room on site. These units rent quickly and are in high demand. (Owner is in process of painting the exterior.)

Last Agent to Sell the Property

Catherine Teegarden

Distinctive Properties License #01051774 Listed on: 07/18/2019

Last Buyer's Agent

Alexander Metaxas

Realty Investment Advisors, Inc. License #01784652

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,522 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Front Yard

Home Design

  • 3,999 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 24499
  • Assessor Parcel Number 5783010018

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $905
  • Fuel Expense $266
  • Insurance Expense $1,411
  • Trash Expense $1,176
  • Water Sewer Expense $1,038
  • New Taxes Expense $22,475
  • Operating Expense $27,271
  • Gross Income $76,500
  • Net Operating Income $49,229

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

7,522 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1038.00
  • Zoning: ARR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5783010018
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Price Per Square Foot: 434.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1176.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7522.00
  • Lot Size Acres: 0.1727

Multi Family

  • Electric Expense: 905.00
  • Fuel Expense: 266.00
  • Gross Income: 76500.00
  • Gross Scheduled Income: 76500.00
  • Insurance Expense: 1411.00
  • Lot Size Area: 7522.0000 Square Feet
  • Net Operating Income: 49229.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 27271.00
  • Rent Control: No
  • Total Actual Rent: 6375.00
  • Total Expenses: 27271.00

Tax Info

  • New Taxes Expense: 22475.00
  • Tax Census Tract: 4307.23
  • Tax Lot: 5
  • Tax Tract Number: 24499

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

Listed on
Jul 18, 2019
Closed on
Sep 5, 2019
Sold by
Schult Robert
Bought by
Seller's Agent
Catherine Teegarden
Distinctive Properties
Buyer's Agent
Alexander Metaxas
Realty Investment Advisors, Inc.
List Price
$1,798,000
Sold Price
$1,738,000
Premium/Discount to List
-$60,000
-3.34%
Current Estimated Value
$2,158,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,001
Avg. Annual Appreciation
3.40%

Purchase Details

Listed on
Jul 18, 2019
Closed on
Aug 1, 2019
Sold by
Schult Carol and Schult Carol Louise
Bought by
Chang Richard Cheng Tong and Chang Angela Shih Jui Lu
Seller's Agent
Catherine Teegarden
Distinctive Properties
Buyer's Agent
Alexander Metaxas
Realty Investment Advisors, Inc.
List Price
$1,798,000
Sold Price
$1,738,000
Premium/Discount to List
-$60,000
-3.34%

Purchase Details

Closed on
Dec 28, 2012
Sold by
Johnson Ralph P and Johnson Edward R
Bought by
Johnson Ralph P and Schultz Carol Louise

Purchase Details

Closed on
Apr 10, 2007
Sold by
Johnson Lorraine and Johnson Family Trust
Bought by
Johnson Lorraine and Johnson Family Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Arcadia, CA

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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
-- First American Title Company
Chang Richard Cheng Tong $1,738,000 First American Title Company
Johnson Ralph P -- None Available
Johnson Lorraine -- None Available
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
09/13/2019 09/13/19 Sold $1,738,000 -3.3% $435 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $1,798,000 -- $450 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $22,896 $1,938,767 $1,357,585 $581,182
2025 $22,896 $1,900,753 $1,330,966 $569,787
2024 $21,519 $1,863,484 $1,304,869 $558,615
2023 $21,071 $1,826,946 $1,279,284 $547,662
2022 $20,376 $1,791,124 $1,254,200 $536,924
2021 $19,995 $1,756,005 $1,229,608 $526,397
2019 $10,982 $907,296 $513,470 $393,826
2018 $10,632 $889,506 $503,402 $386,104
2016 $10,345 $854,967 $483,855 $371,112
2015 $10,166 $842,126 $476,588 $365,538
2014 $10,043 $825,631 $467,253 $358,378
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19170802

California Regional Multiple Listing Service (CRMLS)

APN: 5783-010-018

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