NOT LISTED FOR SALE

Estimated Value: $1,120,204 - $1,228,000

2 Beds
2 Baths
1,288 Sq Ft
$913/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $325,000 $252 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $7,277/month

20 Days on Market

Highlights

  • No HOA
  • No Heating
  • Back Yard
  • Laundry Room

About This Home

As of December 2018

INVESTORS!!!! Check this great R2 lot home. It is ideal for any investor who is willing to add square footage. It is 2 units 1 bed 1 bath each unit. Both units are tenant occupied. It has a detached car garage in the rear. Each unit has their own laundry.Property needs TLC. Please do not disturb tenants. Close to transportation and shopping centers. You don't want to miss out on a great opportunity!

Last Agent to Sell the Property

Daniel Alvarez

American Team Properties License #01186073 Listed on: 09/28/2018

Last Buyer's Agent

Daniel Alvarez

American Team Properties License #01186073 Listed on: 09/28/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,440 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,288 Sq Ft Home
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Urban Location
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 36
  • Tax Tract Number 5144
  • Assessor Parcel Number 5103011003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

5,440 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5103011003
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Price Per Square Foot: 252.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5440.00
  • Lot Size Acres: 0.1249

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 5440.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 1359.00

Tax Info

  • Tax Census Tract: 2294.20
  • Tax Lot: 36
  • Tax Tract Number: 5144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2019
Sold by
Obsidian Development Llc
Bought by
Kim Jikwang and Lee Kyeng Eun
Current Estimated Value
$1,176,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2018
Sold by
Willie Family Fund Llc
Bought by
Obsidian Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2015
Sold by
Willie Oscar and Oscar W Williw Jr Separate Pro
Bought by
Willie Family Fund Llc

Purchase Details

Closed on
Jul 26, 2011
Sold by
Willie Oscar
Bought by
Willie Oscar W and The Oscar W Willie Jr Separate
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kim Jikwang $890,000 Westminster Title Company
Obsidian Development Llc $325,000 Westminster Title Company
Willie Family Fund Llc -- None Available
Willie Oscar W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Jikwang $660,000
Previous Owner Obsidian Development Llc $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $325,000 -13.3% $252 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $375,000 -- $291 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,879 $973,340 $546,820 $426,520
2024 $11,879 $954,256 $536,099 $418,157
2023 $11,652 $935,546 $525,588 $409,958
2022 $11,113 $917,203 $515,283 $401,920
2021 $10,963 $899,220 $505,180 $394,040
2019 $5,151 $417,000 $292,000 $125,000
2018 $3,426 $269,344 $190,126 $79,218
2016 $3,267 $258,888 $182,745 $76,143
2015 $1,140 $80,407 $27,152 $53,255
2014 -- $78,833 $26,621 $52,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18242297

California Regional Multiple Listing Service (CRMLS)

APN: 5103-011-003

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