NOT LISTED FOR SALE

Estimated Value: $665,000 - $732,000

6 Beds
3 Baths
2,272 Sq Ft
$304/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $603,000 $265 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,365/month

127 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of March 2023

Great investment opportunity in the city of Highland close to freeways, schools and shopping centers. All 3 units have 2 bedrooms and 1 bath as well as kitchen and living room.

Last Agent to Sell the Property

Antonio Razo

Realty One Group Homelink License #01846442 Listed on: 10/31/2022

Realty One Group Homelink

Last Buyer's Agent

Antonio Razo

Realty One Group Homelink License #01846442 Listed on: 10/31/2022

Realty One Group Homelink

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,929

Year Built

  • Built in 1948

Lot Details

  • 0.25 Acre Lot
  • No Common Walls

Home Design

  • Triplex

Interior Spaces

  • 2,272 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Parking Available

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 2890
  • Assessor Parcel Number 1192051370000
  • $2,296 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $1,200
  • Trash Expense $560
  • Water Sewer Expense $750
  • Operating Expense $2,510
  • Gross Income $42,152
  • Net Operating Income $34,316

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,929

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Price Per Unit: 205000
  • Property Attached: No
  • Water Sewer Expenses: 750.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 1192051370000
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 265.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 560.00
  • 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: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11070.00
  • Lot Size Acres: 0.2541

Multi Family

  • Gross Income: 42152.00
  • Gross Scheduled Income: 43152.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 11070.0000 Square Feet
  • Net Operating Income: 34316.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 8836.00
  • Rent Control: Yes
  • Total Expenses: 2510.00

Tax Info

  • Tax Census Tract: 74.09
  • Tax Lot: 46
  • Tax Tract Number: 2890
  • TaxOtherAnnualAssessmentAmount: 2296.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2023
Sold by
Falls Lupe
Bought by
Lupe Falls Trust and Falls
Current Estimated Value
$664,467

Purchase Details

Listed on
Oct 31, 2022
Closed on
Mar 31, 2023
Sold by
Farias Ruiz Pedro
Bought by
Falls Lupe
Seller's Agent
Antonio Razo
Realty One Group Homelink
Buyer's Agent
Antonio Razo
Realty One Group Homelink
List Price
$630,000
Sold Price
$603,000
Premium/Discount to List
-$27,000
-4.29%
Views
225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$303,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2017
Closed on
Nov 1, 2017
Sold by
Montano Manuel J and Montano Maria
Bought by
Ruiz Pedro Farias
Seller's Agent
Javier Acosta
EXP REALTY OF CALIFORNIA INC
Buyer's Agent
Antonio Razo
HOMESMART, EVERGREEN REALTY
List Price
$384,900
Sold Price
$375,000
Premium/Discount to List
-$9,900
-2.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$175,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2003
Sold by
Bravo Olympia
Bought by
Montano Manuel J and Montano Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2002
Sold by
Roel Wendy Landero
Bought by
Bravo Olimpia

Purchase Details

Closed on
Feb 6, 2001
Sold by
Gonzalez Angeles
Bought by
Roel Wendy Landero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,388
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2000
Sold by
Hud
Bought by
Gonzalez Angeles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,120
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2000
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Feb 17, 2000
Sold by
Rojas Marcos C and Rojas Guadalupe
Bought by
Countrywide Home Loans Inc
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
Lupe Falls Trust -- None Listed On Document
Falls Lupe $603,000 Pacific Coast Title
Ruiz Pedro Farias $375,000 Pacific Coast Title Company
Montano Manuel J $207,000 First American
Bravo Olimpia -- First American
Roel Wendy Landero $169,000 Fidelity National Title Co
Gonzalez Angeles $84,000 Orange Coast Title
Hud -- Landsafe Title
Countrywide Home Loans Inc $133,062 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Falls Lupe $303,000
Previous Owner Ruiz Pedro Farias $175,000
Previous Owner Montano Manuel J $172,190
Previous Owner Montano Manuel J $165,600
Previous Owner Roel Wendy Landero $166,388
Previous Owner Gonzalez Angeles $67,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $603,000 -2.0% $265 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/01/2023 02/01/23 Price Changed $615,000 -2.4% $271 / Sq Ft
10/31/2022 10/31/22 For Sale $630,000 +68.0% $277 / Sq Ft
12/12/2017 12/12/17 Sold $375,000 -2.6% $165 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $384,900 -- $169 / 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 $8,929 $627,361 $156,060 $471,301
2024 $8,929 $615,060 $153,000 $462,060
2023 $6,360 $410,117 $32,809 $377,308
2022 $6,353 $402,076 $32,166 $369,910
2021 $6,238 $394,192 $31,535 $362,657
2020 $5,202 $390,150 $31,212 $358,938
2019 $5,042 $382,500 $30,600 $351,900
2018 $3,527 $263,491 $25,457 $238,034
2017 $3,421 $258,325 $24,958 $233,367
2016 $3,321 $253,260 $24,469 $228,791
2015 $3,382 $249,455 $24,101 $225,354
2014 $3,291 $244,569 $23,629 $220,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV22216876

California Regional Multiple Listing Service (CRMLS)

APN: 1192-051-37