NOT LISTED FOR SALE
6 Beds
3 Baths
2,200 Sq Ft
5,552 Sq Ft Lot

Sale Details

Date Sold: February 10, 2012

Last sale price $400,000 $182 Per Sq Ft

28 Days on Market

Highlights

  • Double Pane Windows
  • Tile Flooring
  • No Heating
  • Bungalow

About This Home

As of February 2012

Investor's delight. This duplex has an upstairs unit and downstairs unit. The downstairs unit (#748) has 3 bedrooms and 1.5 bathrooms. The living room and kitchen have new ceramic tile and the bedrooms all have newer carpet and the laundry is inside. The kitchen has been updated and there are all double paned windows on the lower level. The upstairs unit (#746) has three bedrooms and 2 bathrooms, new carpet, ceramic floors and is super clean. Over $80,000 worth of renovation work has been done to both units within the last 18 months. There are also two detached 2-Car garages with rear alley access. These units are clean and ready for a first-time or experienced investor.

Last Agent to Sell the Property

Aaron Zapata

Real Broker License #01356534 Listed on: 11/14/2011

Last Buyer's Agent

Eddie Magana

Estate Properties License #01811686

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 5,552 Sq Ft Lot
  • Lot Dimensions are 48x114

Parking

  • 4 Car Garage
  • 1 Carport Space
  • Rear-Facing Garage

Home Design

  • Bungalow
  • Cosmetic Repairs Needed
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • Double Pane Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Block C
  • Tax Tract Number 247
  • Assessor Parcel Number 03515404

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $70
  • Insurance Expense $600
  • New Taxes Expense $4,967
  • Gross Income $2,550
  • Net Operating Income $28,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1923 | Remodeled

Lot Details

5,552 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 7.15
  • View: No
  • Architectural Style: Bungalow
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 70.00
  • Parcel Number: 03515404
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 181.82
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 4.00
  • Parking: No
  • Parking Features: Carport, Concrete, Garage Faces Rear
  • Total Parking Spaces: 8.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size: 48x114
  • Lot Size Sq Ft: 5552.00
  • Lot Size Acres: 0.1270

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Average3 Bed Area: 1100
  • Gross Income: 2550.00
  • Gross Multiplier: 13.07
  • Gross Scheduled Income: 30600.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5552.0000 Square Feet
  • Net Operating Income: 28600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2000.00

Tax Info

  • New Taxes Expense: 4967.00
  • Tax Area: 01001
  • Tax Block: C
  • Tax Lot: 0.
  • Tax Tract Number: 247

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
$400,000 Fidelity National Title Co
Moller Daniel $283,000 Chicago Title Company
Moller Daniel $283,000 Chicago Title Company
One West Bank Fsb $335,000 None Available
Karlsson Alicia G -- Commonwealth Land Title Co
Karlsson Alicia G $610,000 Commonwealth Title O C
Jimenez Vicente -- None Available
Jimenez Vicente -- None Available
Jimenez Vincente $275,000 North American Title Co
Lee Clara Y $240,000 North American Title Co
Lee Clara Y -- North American Title Co
Alibulla Bulbul -- --
Alibulla Bulbul -- Gateway Title Company
Alibulla Bul Bul -- Orange Coast Title Companies
Alibulla Bul Bul $104,000 United Title
Guardian Federal Svgs Assn $146,126 World Title Company
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 $437,000
Closed Leon Gustavo Bonilla $377,000
Previous Owner Leon Gustavo Bonilla $388,885
Previous Owner Moller Daniel $212,250
Previous Owner Karlsson Alicia G $548,390
Previous Owner Jimenez Vicente $50,000
Previous Owner Jimenez Vincente $277,000
Previous Owner Jimenez Vincente $270,751
Previous Owner Lee Clara Y $216,000
Previous Owner Alibulla Bulbul $117,000
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
02/10/2012 02/10/12 Sold $400,000 0.0% $182 / Sq Ft
12/12/2011 12/12/11 Pending -- -- --
11/14/2011 11/14/11 For Sale $399,900 -- $182 / 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 $6,271 $512,466 $424,401 $88,065
2025 $5,958 $502,418 $416,079 $86,339
2024 $5,958 $492,567 $407,920 $84,647
2023 $5,831 $482,909 $399,921 $82,988
2022 $5,756 $473,441 $392,080 $81,361
2021 $5,765 $464,158 $384,392 $79,766
2020 $5,740 $459,399 $380,450 $78,949
2019 $5,572 $450,392 $372,991 $77,401
2018 $5,459 $441,561 $365,677 $75,884
2017 $5,247 $432,903 $358,506 $74,397
2016 $5,232 $424,415 $351,476 $72,939
2015 $5,185 $418,040 $346,196 $71,844
2014 $4,870 $409,852 $339,415 $70,437
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P803341

California Regional Multiple Listing Service (CRMLS)

APN: 035-154-04

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