NOT LISTED FOR SALE
8 Beds
3 Baths
3,004 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: June 24, 2016

Last sale price $765,000 $255 Per Sq Ft

16 Days on Market

Highlights

  • Contemporary Architecture
  • Private Yard
  • Landscaped
  • Property is near public transit
  • Laundry Room
  • 3 Car Garage

About This Home

As of June 2016

Excellent Buena Park location between Beach Boulevard and Western Avenue helps to make this triplex easy to rent and easy to manage. Very few properties at this price offer a mix of a two-bedroom unit, plus two three bedroom units. Each unit comes with a private one car garage. Great opportunity to live in one unit and rent out the other two. There is a spacious backyard surrounded by block walls on three side, plus a mango tree and an avocado tree. Easy access to the 91 and 5 Freeways via Beach Boulevard. The Metro Rail Train Station is a short bus ride from this location. Rents are low for the area, especially for three bedroom units with a garage. Do your own rent survey and you will discover that there is plenty of upside potential for the astute investor.

Last Agent to Sell the Property

Mark Sullivan

First Team Real Estate License #00755834 Listed on: 04/06/2016

First Team Real Estate

Last Buyer's Agent

Jamie Yiang

2020 Realty & Investment License #00867911

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 7,841 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Shared Driveway
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,004 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 2 / 59
  • Assessor Parcel Number 27629110

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Gardener Expense $960
  • Insurance Expense $1,300
  • Trash Expense $612
  • Water Sewer Expense $1,245
  • New Taxes Expense $8,693
  • Gross Income $3,745
  • Net Operating Income $32,031

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

7,841 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 1245.00
  • Architectural Style: Contemporary, Modern
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 27629110
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 254.66

Exterior Features

  • Fencing: Block
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete, Driveway, Garage Faces Front, Garage, Off Street, On Site, Private, Garage - Single Door, Shared Driveway
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room
  • Sewer: Sewer Assessments
  • Trash Expense: 612.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level, Lawn, Landscaped, Rectangular Lot, Lot 6500-9999, Level with Street, Paved, Near Public Transit, Yard
  • Lot Size Sq Ft: 7841.00
  • Price Per Lot Square Foot: 97.56

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 3745.00
  • Gross Scheduled Income: 44940.00
  • Insurance Expense: 1300.00
  • Net Operating Income: 32031.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 12909.00
  • Rent Control: No
  • Total Actual Rent: 3725.00

Tax Info

  • New Taxes Expense: 8693.00
  • Tax Block: 59
  • Tax Lot: 2
  • Tax Tract Number: 0000

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

Closed on
Nov 15, 2019
Sold by
Lopez Roberto and Lopez Sara E
Bought by

Purchase Details

Listed on
Apr 6, 2016
Closed on
Apr 28, 2016
Sold by
Quinones Jose Enrique and Quinones Teresa
Bought by
Lopez Roberto and Lopez Sara
Seller's Agent
Mark Sullivan
First Team Real Estate
Buyer's Agent
Jamie Yiang
2020 Realty & Investment
List Price
$799,000
Sold Price
$765,000
Premium/Discount to List
-$34,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,750
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 2011
Sold by
Quinones Jose Enrique and Quinones Teresa Esparza
Bought by
Quinones Jose Enrique and Quinones Teresa

Purchase Details

Closed on
Sep 17, 2001
Sold by
Ocer Partners Llc
Bought by
Quinones Jose Enrique and Quinones Teresa Esparza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,500
Interest Rate
6.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 1998
Sold by
Reco Investors
Bought by
Ocer Partners Llc
Source: Public Records

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
-- None Available
Lopez Roberto $765,000 Western Resources Title Co
Quinones Jose Enrique -- None Available
Quinones Jose Enrique $345,000 Chicago Title Co
Ocer Partners Llc -- --
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
Previous Owner $573,750
Previous Owner Quinones Jose Enrique $472,500
Previous Owner Quinones Jose Enrique $329,000
Previous Owner Quinones Jose Enrique $35,500
Previous Owner Quinones Jose Enrique $275,000
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
06/24/2016 06/24/16 Sold $765,000 -4.3% $255 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $799,000 -- $266 / 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 $11,136 $923,713 $719,214 $204,499
2025 $10,406 $905,601 $705,111 $200,490
2024 $10,406 $887,845 $691,286 $196,559
2023 $10,192 $870,437 $677,732 $192,705
2022 $10,028 $853,370 $664,443 $188,927
2021 $9,955 $836,638 $651,415 $185,223
2020 $9,833 $828,060 $644,736 $183,324
2019 $9,600 $811,824 $632,094 $179,730
2018 $9,416 $795,906 $619,700 $176,206
2017 $9,284 $780,300 $607,549 $172,751
2016 $5,434 $430,534 $246,624 $183,910
2015 $5,208 $424,067 $242,919 $181,148
2014 $5,186 $415,761 $238,161 $177,600
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16071304

California Regional Multiple Listing Service (CRMLS)

APN: 276-291-10

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