NOT LISTED FOR SALE

Estimated Value: $742,000 - $921,482

4 Beds
2 Baths
1,766 Sq Ft
$464/Sq Ft Est. Value

Last Sold September 12, 2014

Last sale price $349,000 $198 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $4,904/month

250 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Heating System Uses Natural Gas
  • Laundry Room
  • Outdoor Storage
  • 3-minute walk to 49th Street Park

About This Home

As of September 2014

TWO DETACHED HOUSES ON A LOT. FRONT HOUSE IS 2 BEDROOMS, AND A SMALL ROOM CLOSE TO THE WASH ROOM. BACK HOUSE IS 2 BEDROOMS, DETACHED. LOT IS BIG!!! IN THE BACK YARD, YOU COULD PARK AT LEAST 10 CARS, VANS, SUV, TRUCKS...
POSSIBILITY TO DO ADDITIONS (MORE BEDROOMS, MORE BATHROOMS) TO THE BACK HOUSE, IF YOUR BUYER'S DESIRE SO.

Last Agent to Sell the Property

Jorge Sotomayor

Berkshire Hathaway Home Srvs License #00858146 Listed on: 06/19/2014

Berkshire Hathaway Home Srvs

Last Buyer's Agent

Lucy Amparo

Top Producers Realty License #01185097

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,509

Year Built

  • Built in 1961

Lot Details

  • 6,817 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 11 Parking Spaces

Home Design

  • Combination Foundation
  • Composition Roof

Interior Spaces

  • 1,766 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4
  • Tax Tract Number 7
  • Assessor Parcel Number 5108008005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,050
  • Trash Expense $480
  • Water Sewer Expense $2,400
  • New Taxes Expense $4,362
  • Gross Income $2,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,509

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 323-314-8641
  • Other Phone Number: 323-314-8641
  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 5108008005
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 197.62
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Combination
  • Other Structures: Storage
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 11.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Common Area, Inside
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 41'X166' AP
  • Lot Size Sq Ft: 6817.00
  • Lot Size Acres: 0.1560

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2600.00
  • Insurance Expense: 1050.00
  • Lot Size Area: 6817.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4362.00
  • Tax Lot: 4
  • Tax Tract Number: 7
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2014
Closed on
Sep 30, 2014
Sold by
Vhg Ventures Llc
Bought by
Alonso Alvaro Cancino and Cancino Lester
Seller's Agent
Jorge Sotomayor
Berkshire Hathaway Home Srvs
Buyer's Agent
Lucy Amparo
Top Producers Realty
List Price
$349,000
Sold Price
$349,000
Current Estimated Value
$818,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,621
Avg. Annual Appreciation
8.06%
Original Mortgage
$331,000
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 24, 2012
Closed on
Jun 3, 2013
Sold by
Mia Lamar Llc
Bought by
Vgh Ventures Llc
Seller's Agent
Aram Afshar
Coldwell Banker Realty
Buyer's Agent
Aram Afshar
Coldwell Banker Realty
List Price
$150,000
Sold Price
$175,800
Premium/Discount to List
$25,800
17.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.20%

Purchase Details

Listed on
Jul 24, 2012
Closed on
Apr 1, 2013
Sold by
Wright Larry J
Bought by
Mia Lamar Llc
Seller's Agent
Aram Afshar
Coldwell Banker Realty
Buyer's Agent
Aram Afshar
Coldwell Banker Realty
List Price
$150,000
Sold Price
$175,800
Premium/Discount to List
$25,800
17.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,060
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005
Sold by
Muhammad Toia R
Bought by
Wright Larry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
7.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2004
Sold by
Wright Larry J and Wright Isaiah J
Bought by
Wright Larry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
7.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2004
Sold by
Pitts Linda J
Bought by
Wright Larry J and Wright Isaiah J

Purchase Details

Closed on
Jan 13, 2003
Sold by
Hooward Gertha Lee
Bought by
Pitts Linda Joyce

Purchase Details

Closed on
Jun 4, 1998
Sold by
Howard Gertha L
Bought by
Howard Girtha Lee and Pitts Linda Joyce
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
Alonso Alvaro Cancino $349,000 Nations Title Company
Vgh Ventures Llc $220,000 Equity Title
Mia Lamar Llc $176,000 Equity Title Company
Wright Larry J -- --
Wright Larry J -- Commonwealth Land Title Co
Wright Larry J -- --
Pitts Linda Joyce -- --
Howard Girtha Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alonso Alvaro Cancino $330,204
Closed Alonso Alvaro Cancino $331,000
Previous Owner Vhg Ventures Llc $157,550
Previous Owner Mia Lamar Llc $123,060
Previous Owner Wright Larry J $387,500
Previous Owner Wright Larry J $325,000
Previous Owner Wright Larry J $219,000
Previous Owner Wright Larry J $149,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2014 09/12/14 Sold $349,000 0.0% $198 / Sq Ft
08/11/2014 08/11/14 Pending -- -- --
12/04/2013 12/04/13 For Sale $349,000 +98.5% $198 / Sq Ft
04/19/2013 04/19/13 Sold $175,800 +17.2% $100 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
07/24/2012 07/24/12 For Sale $150,000 -- $85 / 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 $6,509 $517,858 $228,347 $289,511
2024 $6,509 $507,705 $223,870 $283,835
2023 $6,388 $497,751 $219,481 $278,270
2022 $6,099 $487,992 $215,178 $272,814
2021 $6,017 $478,424 $210,959 $267,465
2020 $6,073 $473,519 $208,796 $264,723
2019 $5,842 $464,235 $204,702 $259,533
2018 $4,651 $368,634 $200,689 $167,945
2016 $4,435 $354,321 $192,897 $161,424
2015 $4,372 $349,000 $190,000 $159,000
2014 $2,921 $220,998 $170,771 $50,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13242591

California Regional Multiple Listing Service (CRMLS)

APN: 5108-008-005