NOT LISTED FOR SALE

Estimated Value: $1,727,000 - $2,023,471

9 Beds
5 Baths
4,191 Sq Ft
$438/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $1,489,000 $355 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $11,435/month

98 Days on Market

Highlights

  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Rose Park
  • Woodrow Wilson High School Rated A
  • Laundry Room

About This Home

As of February 2020

Remodeled CASH COW Quadraplex in the highly desired Rose Park! The front unit is a 3 bedroom, 2 bath with fireplace, large living room, in-unit laundry, and a 2-Car garage. The other remodeled units are all 2 bed, 1 bath with a 1 car garage parking. All units have desirable, spacious bedrooms. There is a community laundry room for units without laundry and backyard to relax and even entertain. There are 4 separate electric and gas meters, and 1 water meter. The property sits on a beautiful and well-manicured street with mature trees. All units can easily be delivered vacant!

Last Agent to Sell the Property

Bret Lewis

Bret Lewis, Broker License #01872524 Listed on: 10/10/2019

Last Buyer's Agent

Marc Vallefuoco

First Team -Corporate Office License #01812456

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,770

Year Built

  • Built in 1968

Lot Details

  • 6,504 Sq Ft Lot
  • No Common Walls
  • Sprinkler System
  • Private Yard

Parking

  • 5 Open Parking Spaces
  • 5 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,191 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Additional Features

  • Urban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 37298
  • Assessor Parcel Number 7258021018

Community Details

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $120,960
  • Net Operating Income $120,960

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,770

Year Built

Built in 1968

Lot Details

0

Parking

5

Listing Details

  • Other Phone Description: 480-225-6616
  • Property Attached: No
  • Subdivision Name Other: Rose Park
  • Zoning: LBR2N
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7258021018
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 355.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System, Yard
  • Lot Size Sq Ft: 6504.00
  • Lot Size Acres: 0.1493

Multi Family

  • Average2 Bed Area: 950 Square Feet
  • Average3 Bed Area: 1300 Square Feet
  • Gross Income: 120960.00
  • Gross Scheduled Income: 120960.00
  • Lot Size Area: 6504.0000 Square Feet
  • Net Operating Income: 120960.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5769.04
  • Tax Lot: 17
  • Tax Tract Number: 37298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Jan 16, 2020
Sold by
Elmore Ryan
Bought by
Hoang Joseph
Seller's Agent
Bret Lewis
Bret Lewis, Broker
Buyer's Agent
Marc Vallefuoco
First Team -Corporate Office
List Price
$1,489,000
Sold Price
$1,489,000
Current Estimated Value
$1,837,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,618
Avg. Annual Appreciation
4.69%
Original Mortgage
$1,489,000
Outstanding Balance
$1,321,211
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$602,183

Purchase Details

Listed on
Feb 4, 2019
Closed on
Apr 15, 2019
Sold by
The Campos Family Trust
Bought by
Elmore Ryan
Seller's Agent
Mike Dunfee
Engel & Völkers Long Beach
Buyer's Agent
Bret Lewis
Bret Lewis, Broker
List Price
$1,395,000
Sold Price
$1,282,000
Premium/Discount to List
-$113,000
-8.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.16%
Original Mortgage
$1,089,700
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 16, 2007
Sold by
Campos Betty A
Bought by
Campos Betty A and The Betty Campos Family Trust

Purchase Details

Closed on
Feb 26, 2007
Sold by
Campos Ronald G and Campos Olivia P
Bought by
Campos Ronald G

Purchase Details

Closed on
Nov 6, 2006
Sold by
Campos Beverly and The Beverly Campos Trust
Bought by
Campos Ronald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$857,500
Interest Rate
8.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 3, 2005
Sold by
Campos Ronald and Campos Olivia
Bought by
Campos Ronald G

Purchase Details

Closed on
Jul 22, 2005
Sold by
Campos Betty
Bought by
Campos Betty A and The Betty Campos Family Trust

Purchase Details

Closed on
Jun 9, 2005
Sold by
Campos Beverly
Bought by
Campos Beverly and The Beverly Campos Trust

Purchase Details

Closed on
May 24, 2004
Sold by
Lavallee Alan R
Bought by
Memorial Medical Center Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2004
Sold by
Memorial Medical Center Foundation
Bought by
Campos Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2003
Sold by
Lavallee Donna
Bought by
Lavallee Alan R

Purchase Details

Closed on
Mar 5, 2003
Sold by
Lavallee Alan R
Bought by
Lavallee Alan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.78%
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
Hoang Joseph $1,489,000 Chicago Title Company
Elmore Ryan $1,282,000 Orange Coast Title Company
The Campos Family Trust -- Accommodation
Campos Betty A -- None Available
Campos Ronald G -- None Available
Campos Ronald G -- None Available
Campos Ronald G -- Investors Title Company
Campos Ronald G -- --
Campos Betty A -- --
Campos Beverly -- --
Memorial Medical Center Foundation -- Chicago Title Co
Campos Ronald $890,000 Chicago Title Co
Memorial Medical Center Foundation $344,000 Chicago Title Co
Lavallee Alan R -- --
Lavallee Alan R -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoang Joseph $168,022
Open Hoang Joseph $1,489,000
Previous Owner Elmore Ryan $0
Previous Owner Elmore Ryan $1,089,700
Previous Owner Campos Ronald G $857,500
Previous Owner Campos Ronald $712,000
Previous Owner Lavallee Alan R $306,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2020 02/19/20 Sold $1,489,000 0.0% $355 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $1,489,000 0.0% $355 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
11/04/2019 11/04/19 Price Changed $1,489,000 -0.7% $355 / Sq Ft
10/10/2019 10/10/19 For Sale $1,499,999 +17.0% $358 / Sq Ft
05/10/2019 05/10/19 Sold $1,282,000 -1.2% $306 / Sq Ft
03/21/2019 03/21/19 Price Changed $1,297,000 -7.0% $309 / Sq Ft
02/04/2019 02/04/19 For Sale $1,395,000 -- $333 / 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 $20,770 $1,628,435 $753,520 $874,915
2024 $20,770 $1,596,506 $738,746 $857,760
2023 $20,424 $1,565,203 $724,261 $840,942
2022 $19,169 $1,534,513 $710,060 $824,453
2021 $18,788 $1,504,426 $696,138 $808,288
2020 $16,562 $1,307,640 $714,000 $593,640
2019 $12,967 $1,000,862 $412,117 $588,745
2018 $12,576 $981,238 $404,037 $577,201
2016 $11,558 $943,138 $388,349 $554,789
2015 $11,097 $928,972 $382,516 $546,456
2014 $11,027 $910,776 $375,024 $535,752
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19240190

California Regional Multiple Listing Service (CRMLS)

APN: 7258-021-018