NOT LISTED FOR SALE

Estimated Value: $978,000 - $1,231,000

6 Beds
3 Baths
2,361 Sq Ft
$448/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $715,000 $303 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,355/month

23 Days on Market

Highlights

  • Two Story Ceilings
  • Living Room
  • Tile Flooring
  • Main Floor Bedroom
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of February 2018

7946-Duplex, front unit 2 bedroom, 1 bathroom, completely remodeled, private patio, 2 car garage, 7948- the back unit built in 1992, 4 bedroom, 2 car garage, 2 bathroom, private patio, both units are remodeled, new kitchen, new bathrooms, new floors, etc.

Last Agent to Sell the Property

Sossi Gabriel

Nova Realty License #01054807 Listed on: 12/18/2017

Last Buyer's Agent

Miriam Kirk

Alliance One Realty License #01261344

Alliance One Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,914 Sq Ft Lot
  • No Common Walls
  • Sprinkler System
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Raised Foundation
  • Slab Foundation

Interior Spaces

  • 2,361 Sq Ft Home
  • Two Story Ceilings
  • Ceiling Fan
  • Living Room
  • Disposal

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Laundry

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

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater
  • Sewer Assessments

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 13950
  • Assessor Parcel Number 8141023015

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • New Taxes Expense $9,062
  • Operating Expense $13,262
  • Gross Income $52,200
  • Net Operating Income $36,538

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 8141023015
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Two Story Ceilings
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile
  • Appliances: Yes
  • Price Per Square Foot: 302.84
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Raised, Slab
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, On Site
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Upper Level
  • Sewer: Sewer Assessments
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Lot 6500-9999, Sprinkler System
  • Lot Size Sq Ft: 6914.00
  • Lot Size Acres: 0.1587

Multi Family

  • Gross Income: 52200.00
  • Gross Scheduled Income: 49800.00
  • Insurance Expense: 600.00
  • Lot Size Area: 6914.0000 Square Feet
  • Net Operating Income: 36538.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 13262.00
  • Rent Control: No
  • Total Expenses: 13262.00

Tax Info

  • New Taxes Expense: 9062.00
  • Tax Lot: 24
  • Tax Tract Number: 13950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2020
Sold by
Win Aung Myo and He Fendi Yuan
Bought by
Win Aung Myo and He Fendi Yuan
Current Estimated Value
$1,058,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Outstanding Balance
$456,497
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$602,365

Purchase Details

Closed on
Mar 3, 2020
Sold by
Win Aung Myo and He Febdu Yuan
Bought by
Win Aung Myo and He Fendi Yuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2017
Closed on
Apr 5, 2018
Sold by
Win Aung Myo and He Fendi Yuan
Bought by
Win Aung Myo and He Fendi Yuan
Seller's Agent
Sossi Gabriel
Nova Realty
Buyer's Agent
Miriam Kirk
Alliance One Realty
List Price
$725,000
Sold Price
$715,000
Premium/Discount to List
-$10,000
-1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%

Purchase Details

Listed on
Dec 18, 2017
Closed on
Jan 31, 2018
Sold by
Diep Lynn
Bought by
Win Aung Myo and He Fendi Yuan
Seller's Agent
Sossi Gabriel
Nova Realty
Buyer's Agent
Miriam Kirk
Alliance One Realty
List Price
$725,000
Sold Price
$715,000
Premium/Discount to List
-$10,000
-1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2016
Closed on
Feb 9, 2017
Sold by
Truong Eric
Bought by
Diep Lynn
Seller's Agent
Ron Ridout
Century 21 Cornerstone
Buyer's Agent
Sossi Gabriel
Nova Realty
List Price
$695,000
Sold Price
$672,500
Premium/Discount to List
-$22,500
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$504,375
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2016
Closed on
Jan 25, 2017
Sold by
7946 Newlin Avenue Llc
Bought by
Diep Lynn
Seller's Agent
Ron Ridout
Century 21 Cornerstone
Buyer's Agent
Sossi Gabriel
Nova Realty
List Price
$695,000
Sold Price
$672,500
Premium/Discount to List
-$22,500
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,375
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2014
Closed on
Mar 4, 2014
Sold by
Sevilla Grace and Alvarez Denise Marie
Bought by
7946 Newlin Avenue Llc
Seller's Agent
Emily Knell
Proper Real Estate
Buyer's Agent
George Mairena
Imperial Properties
List Price
$544,900
Sold Price
$505,000
Premium/Discount to List
-$39,900
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%

Purchase Details

Closed on
Dec 27, 2010
Sold by
Rego David R and Rego Dolores M
Bought by
Rego David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,226
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2010
Sold by
Rego David R
Bought by
Sevilla Grace and Alvarez Denise Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,226
Interest Rate
5.12%
Mortgage Type
FHA
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
Win Aung Myo -- Pacific Coast Title Company
Win Aung Myo -- Pacific Coast Title Company
Win Aung Myo -- Pacific Coast Title
Win Aung Myo -- Pacific Coast Title
Win Aung Myo -- None Available
Win Aung Myo $715,000 Provident Title Company
Diep Lynn -- Orange Coast Title Company
Diep Lynn $672,500 Orange Coast Title Company
7946 Newlin Avenue Llc $505,000 Western Resources Title Co
Rego David R -- Lawyers Title
Sevilla Grace $425,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Win Aung Myo $513,000
Closed Win Aung Myo $517,000
Closed Win Aung Myo $532,500
Previous Owner Diep Lynn $504,375
Previous Owner Sevilla Grace $414,226
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2018 02/09/18 Sold $715,000 -1.4% $303 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
12/18/2017 12/18/17 For Sale $725,000 +7.8% $307 / Sq Ft
02/27/2017 02/27/17 Sold $672,500 -3.2% $285 / Sq Ft View Prior Sale
02/01/2017 02/01/17 Pending -- -- --
12/05/2016 12/05/16 For Sale $695,000 0.0% $294 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
11/04/2016 11/04/16 Price Changed $695,000 -12.6% $294 / Sq Ft
09/27/2016 09/27/16 For Sale $795,000 +57.4% $337 / Sq Ft
03/14/2014 03/14/14 Sold $505,000 -7.3% $214 / Sq Ft View Prior Sale
03/01/2014 03/01/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $544,900 -- $231 / 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 $9,877 $813,542 $522,260 $291,282
2024 $9,877 $797,591 $512,020 $285,571
2023 $9,738 $781,953 $501,981 $279,972
2022 $9,498 $766,622 $492,139 $274,483
2021 $9,314 $751,591 $482,490 $269,101
2020 $9,227 $743,885 $477,543 $266,342
2019 $9,128 $729,300 $468,180 $261,120
2018 $8,550 $685,950 $425,340 $260,610
2016 $6,671 $522,943 $313,766 $209,177
2015 $6,561 $515,088 $309,053 $206,035
2014 $5,749 $444,176 $250,829 $193,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17276749

California Regional Multiple Listing Service (CRMLS)

APN: 8141-023-015