NOT LISTED FOR SALE

Estimated Value: $934,000 - $1,048,776

8 Beds
4 Baths
3,330 Sq Ft
$297/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $975,000 $293 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,770/month

18 Days on Market

Highlights

  • 0.38 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Wrought Iron Fence

About This Home

As of November 2024

Welcome to 7741 Trey Ave!!!!! This exceptional fourplex, perfectly positioned on a generous 16,000 square foot lot! With a total of 3,330 square feet of living space, this property offers an incredible investment opportunity for Buyers. Enjoy three separate units, providing flexible living arrangements and maximizing rental income potential (4 Separate Addreses:7741,7743,7733,7731). The expansive lot not only allows for ample parking but also offers possibilities for landscaping or outdoor amenities. Conveniently located near shops, schools, and public transportation. THIS HOME WILL NOT LAST!!!!!!

Last Agent to Sell the Property

Ernesto Parra

Best Buy Realty Brokerage Phone: 951-258-1313 License #01938430 Listed on: 09/23/2024

Last Buyer's Agent

Elva Ulloa

Homerica Realty License #01898047

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 0.38 Acre Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 3,330 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Standard Electricity

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 205
  • Tax Tract Number 203
  • Assessor Parcel Number 151174020
  • $82 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $500
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $2,900
  • Gross Income $60,900
  • Net Operating Income $5,075

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0.38 Acres

Parking

2

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1200.00
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 151174020
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 292.79
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 16553.00
  • Lot Size Acres: 0.3800

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 60900.00
  • Gross Scheduled Income: 5075.00
  • Insurance Expense: 500.00
  • Lot Size Area: 16553.0000 Square Feet
  • Net Operating Income: 5075.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Expenses: 2900.00

Tax Info

  • Tax Census Tract: 411.01
  • Tax Lot: 205
  • Tax Tract Number: 203
  • TaxOtherAnnualAssessmentAmount: 82.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Oct 15, 2024
Sold by
Gomez Mirna
Bought by
Delcastillo Guillermo and Bendezu Lady
Seller's Agent
Ernesto Parra
Best Buy Realty
Buyer's Agent
Elva Ulloa
Homerica Realty
List Price
$1,100,000
Sold Price
$975,000
Premium/Discount to List
-$125,000
-11.36%
Views
15
Current Estimated Value
$990,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,444
Avg. Annual Appreciation
1.20%
Original Mortgage
$275,000
Outstanding Balance
$264,011
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$726,433

Purchase Details

Listed on
Jun 20, 2013
Closed on
Jul 1, 2013
Sold by
Ramos Vidal
Bought by
Gomez Mirna
Seller's Agent
Lupe Redburn
REALTY ONE GROUP HOMELINK
Buyer's Agent
Lupe Redburn
REALTY ONE GROUP HOMELINK
List Price
$469,000
Sold Price
$455,000
Premium/Discount to List
-$14,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
Dec 1, 2003
Sold by
Ramos Lupe
Bought by
Ramos Vidal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,300
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 1999
Sold by
Revo Krishna Pad S Trustee & Krishna Pad
Bought by
Jaya Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,903
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 1999
Sold by
Jaya Properties
Bought by
Jimenez Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,903
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 1995
Sold by
Krishna Pad S and Krishna Vijaya
Bought by
Krishna Pad S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Delcastillo Guillermo $975,000 California Best Title
Gomez Mirna $455,000 Ticor Title Riverside
Ramos Vidal -- Old Republic Title Company
Ramos Vidal -- Old Republic Title Company
Jaya Properties -- --
Jimenez Abel $150,000 Old Republic Title Company
Krishna Pad S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delcastillo Guillermo $275,000
Previous Owner Ramos Vidal $256,300
Previous Owner Jimenez Abel $148,903
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2024 11/27/24 Sold $975,000 -11.4% $293 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $1,100,000 +141.8% $330 / Sq Ft
07/22/2013 07/22/13 Sold $455,000 -3.0% $137 / Sq Ft View Prior Sale
07/01/2013 07/01/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $469,000 -- $141 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,722 $975,000 $265,000 $710,000
2023 $6,722 $536,098 $176,734 $359,364
2022 $6,221 $525,587 $173,269 $352,318
2021 $6,115 $515,282 $169,872 $345,410
2020 $6,017 $510,000 $168,131 $341,869
2019 $5,939 $500,001 $164,835 $335,166
2018 $5,856 $490,198 $161,603 $328,595
2017 $5,748 $480,587 $158,435 $322,152
2016 $5,654 $471,165 $155,329 $315,836
2015 $5,568 $464,090 $152,997 $311,093
2014 $5,547 $455,000 $150,000 $305,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24196327

California Regional Multiple Listing Service (CRMLS)

APN: 151-174-020

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