NOT LISTED FOR SALE

Estimated Value: $1,102,000 - $1,410,918

5 Beds
3 Baths
3,560 Sq Ft
$364/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $1,050,000 $295 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,917/month

11 Days on Market

Highlights

  • Main Floor Bedroom
  • Double Pane Windows
  • Tile Flooring
  • Granite Countertops
  • Laundry Room
  • 5-minute walk to 97th Street Park

About This Home

As of November 2021

Extraordinary 2 Units - 5 bedrooms, 3 baths each unit totally 10 bedrooms, 6 baths sitting on a 10, 003 lot size. This great investment property is ready for a new owner. FRONT UNIT (761 W 97th St) offers - tile throughout. KITCHEN: nice size and spacious kitchen with granite counter tops. DINING: separate area. LIVING ROOM: nice size. BEDROOMS: one bedroom downstairs and 4 bedrooms upstairs (one of these bedrooms is a master bedroom). BATHROOMS: one full bath downstairs and 2 bathrooms upstairs. LAUNDRY: inside and located upstairs. BACK UNIT (759 W 97th St) offers - wood laminated flooring throughout. KITCHEN: granite counter. DINING: separate area. BEDROOMS: one bedroom downstairs and 4 bedrooms upstairs (one of these bedrooms is a master bedroom). BATHROOMS: one full bath downstairs and 2 bathrooms upstairs. LAUNDRY: inside and located upstairs. EXTERIOR OF PROPERTY OFFERS: back yard includes a storage unit and 3rd laundry area. Lots of fruit trees: Papaya, lime, pomegranate and avocado. OTHER FEATURES: Solar Panels (Tesla) currently 11 years left on 20 year lease at $121/mo - buyer to assume. Central Heat only. GARAGE: 2 - 2 car garage and lots of parking on lot.

Last Agent to Sell the Property

Virginia Hernandez

Century 21 Allstars License #01502531 Listed on: 09/03/2021

Century 21 Allstars

Last Buyer's Agent

Brian Jung

BJ Realty License #01946975

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,658

Year Built

  • Built in 2012

Lot Details

  • 10,003 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Back Yard

Parking

  • 2 Open Parking Spaces
  • 4 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,560 Sq Ft Home
  • Double Pane Windows
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, gas
  • Tax Lot 27
  • Tax Tract Number 240401
  • Assessor Parcel Number 6054002024
  • $518 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,483
  • Trash Expense $444
  • Water Sewer Expense $6,860
  • Operating Expense $8,787
  • Gross Income $56,013
  • Net Operating Income $56,013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,658

Year Built

Built in 2012

Lot Details

0

Parking

4

Listing Details

  • Inclusions: Solar Panels
  • Price Per Unit: 487500
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s), Window Bars
  • View: No
  • Water Sewer Expenses: 6860.00
  • Zoning: LARD2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6054002024
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Price Per Square Foot: 294.94
  • Room Type: Main Floor Bedroom, Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet, Inside, Upper Level
  • Sewer: Sewer Paid
  • Trash Expense: 444.00
  • 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: Back Yard
  • Lot Size Sq Ft: 10003.00
  • Lot Size Acres: 0.2296

Rental Info

  • Tenant Pays: Cable TV, Gas

Multi Family

  • Average1 Bed Area: 1780 Square Feet
  • Average2 Bed Area: 1780 Square Feet
  • Gross Income: 56013.00
  • Gross Scheduled Income: 64800.00
  • Insurance Expense: 1483.00
  • Lot Size Area: 10003.0000 Square Feet
  • Net Operating Income: 56013.00
  • 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: 8787.00
  • Rent Control: No
  • Total Expenses: 8787.00

Tax Info

  • Tax Census Tract: 2404.01
  • Tax Lot: 27
  • Tax Tract Number: 240401
  • TaxOtherAnnualAssessmentAmount: 518.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Nov 9, 2021
Sold by
Sanchez Placido and Sarmientos Jazmin Cisneros
Bought by
Song Osok and Lim Sunjoo
Seller's Agent
Virginia Hernandez
Century 21 Allstars
Buyer's Agent
Brian Jung
BJ Realty
List Price
$975,000
Sold Price
$1,050,000
Premium/Discount to List
$75,000
7.69%
Current Estimated Value
$1,244,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,212
Avg. Annual Appreciation
5.72%
Original Mortgage
$787,500
Outstanding Balance
$619,082
Interest Rate
2.28%
Mortgage Type
New Conventional
Estimated Equity
$675,148

Purchase Details

Closed on
Dec 19, 2017
Sold by
Sanchez Pilacido
Bought by
Sanchez Placido and Sarmientos Jazmin Cisneros

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2012
Sold by
Cisneros Jazmin
Bought by
Sanchez Placido

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,959
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 2012
Sold by
Ocean Development Inc
Bought by
Sanchez Placido and Villarreal Reyna Berenice Ayala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,959
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 2011
Sold by
Winstead Charlotte
Bought by
Ocean Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.48%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 31, 2006
Sold by
Winstead Granville
Bought by
Winstead Charlotte
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
Song Osok $1,050,000 Fidelity National Title
Sanchez Placido -- Provident Title Company
Sanchez Placido -- Lawyers Title
Sanchez Placido $498,000 Lawyers Title
Ocean Development Inc $140,000 Lawyers Title
Winstead Charlotte -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Song Osok $787,500
Previous Owner Sanchez Placido $506,000
Previous Owner Sanchez Placido $488,959
Previous Owner Ocean Development Inc $130,000
Previous Owner Ocean Development Inc $24,000
Previous Owner Ocean Development Inc $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2021 11/16/21 Sold $1,050,000 0.0% $295 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/07/2021 09/07/21 Off Market $1,050,000 -- --
09/03/2021 09/03/21 For Sale $975,000 -- $274 / 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 $13,658 $1,114,268 $445,707 $668,561
2024 $13,658 $1,092,420 $436,968 $655,452
2023 $13,401 $1,071,000 $428,400 $642,600
2022 $12,791 $1,050,000 $420,000 $630,000
2021 $7,660 $614,386 $322,857 $291,529
2019 $7,437 $596,165 $313,282 $282,883
2018 $6,832 $538,961 $214,284 $324,677
2016 $6,506 $518,034 $205,964 $312,070
2015 $6,239 $510,254 $202,871 $307,383
2014 $6,269 $500,260 $198,898 $301,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21191061

California Regional Multiple Listing Service (CRMLS)

APN: 6054-002-024