NOT LISTED FOR SALE

Estimated Value: $1,532,000 - $1,967,000

6 Beds
5 Baths
3,001 Sq Ft
$563/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $1,395,000 $465 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,567/month

23 Days on Market

Highlights

  • Golf Course Community
  • Property is near a park
  • Attic
  • Fremont Elementary School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of March 2021

Incredibly Unique Opportunity to Own and Rent Units!!! Four on a Lot - Spacious front house has 3 bed/2 baths and attached garage; including Three separate units w/ 1bed/1bath each – two w/ 1 car garage attached. This charming 4 unit property has been maintained with the utmost pride of ownership. Onsite laundry facilities are included. Charming single family residence has private patio space for outdoor entertaining, formal dining room, open layout, hardwood flooring, breakfast nook in open kitchen, plenty of storage and attached 2-car garage. Each unit has been well cared for and maintained by long term tenants. A rare opportunity to live, invest, and play. Blocks away from Red Car Greenbelt, Colorado Lagoon Aquatic Park, Rosie's Dog Beach, close to Long Beach State University, Wilson High School, 5 minutes to the beach (1.25 miles), minutes from Veteran's hospital, and close to freeways; great location. Opportunities are endless!! Don't miss this investment opportunity with Long term tenants. Subject to Inspection after acceptable offer is received.

Last Agent to Sell the Property

Kathie Evans

Re/Max College Park Realty License #00701569 Listed on: 11/10/2020

Re/Max College Park Realty

Co-Listed By

Kelly Evans

RE/MAX College Park Realty License #01202111

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,224

Year Built

  • Built in 1959

Lot Details

  • 5,825 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Garage
  • Side Facing Garage
  • Two Garage Doors
  • On-Street Parking

Home Design

  • Quadruplex
  • Turnkey
  • Raised Foundation
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,001 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Panel Doors
  • Living Room
  • Storage
  • Neighborhood Views
  • Attic

Kitchen

  • Gas Range
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit
  • Suburban Location

Utilities

  • Floor Furnace
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 6 / 2
  • Tax Tract Number 3010
  • Assessor Parcel Number 7254019018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Eastside Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Water Sports
  • Bike Trail

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,572
  • Insurance Expense $785
  • Trash Expense $382
  • Water Sewer Expense $1,453
  • New Taxes Expense $17,437
  • Operating Expense $21,629
  • Gross Income $54,583
  • Net Operating Income $54,583

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,224

Year Built

Built in 1959

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: Kelly Evans
  • Other Phone Number: 949-677-7080
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Eastside (ES)
  • View: Yes
  • Water Sewer Expenses: 1453.00
  • Zoning: LBR3S
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7254019018
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Ceiling Fan(s), Storage, Tile Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Wood
  • Accessibility Features: 2+ Access Exits, No Interior Steps
  • Appliances: Yes
  • Door Features: Panel Doors
  • Price Per Square Foot: 464.85
  • Room Type: Attic, Kitchen, Laundry, Living Room
  • Window Features: Blinds

Exterior Features

  • Foundation: Raised, Slab
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking Features: Garage, Garage Faces Side, Garage - Single Door, Garage - Two Door, Private, Street
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Gas Water Heater
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Community, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 382.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Golf, Park, Watersports, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Level with Street, Rectangular Lot, Near Public Transit, Park Nearby, Walkstreet, Yard
  • Lot Size Sq Ft: 5825.00
  • Lot Size Acres: 0.1337

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average3 Bed Area: 1100 Square Feet
  • Electric Expense: 1572.00
  • Gross Income: 54583.00
  • Gross Scheduled Income: 76212.00
  • Insurance Expense: 785.00
  • Lot Size Area: 5825.0000 Square Feet
  • Net Operating Income: 54583.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 21629.00
  • Rent Control: No
  • Total Actual Rent: 6250.00
  • Total Expenses: 21629.00

Tax Info

  • New Taxes Expense: 17437.00
  • Tax Block: 2
  • Tax Census Tract: 5770.00
  • Tax Lot: 6
  • Tax Tract Number: 3010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Feb 2, 2021
Sold by
Scharff Kimberly and Scharff Ronald
Bought by
Holt Harvey and Holt Amanda
Seller's Agent
Kathie Evans
Re/Max College Park Realty
List Price
$1,395,000
Sold Price
$1,395,000
Current Estimated Value
$1,623,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,193
Avg. Annual Appreciation
4.51%
Original Mortgage
$139,500
Outstanding Balance
$126,559
Interest Rate
3.17%
Mortgage Type
New Conventional
Estimated Equity
$1,563,751

Purchase Details

Closed on
Jan 8, 2018
Sold by
Scharff Ronald D
Bought by
Scharff Ronald and Scharff Kimberly

Purchase Details

Closed on
Nov 25, 2014
Sold by
Scharff Ronald D and June D Scharff Revocable Trust
Bought by
Scharff Ronald D
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
Holt Harvey $1,395,000 Provident Title Company
Scharff Ronald -- None Available
Scharff Ronald D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt Harvey $139,500
Closed Holt Harvey $0
Previous Owner Holt Harvey $1,395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $1,395,000 0.0% $465 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $1,395,000 -- $465 / 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 $19,224 $1,509,992 $1,082,432 $427,560
2024 $19,224 $1,480,385 $1,061,208 $419,177
2023 $18,902 $1,451,358 $1,040,400 $410,958
2022 $17,738 $1,422,900 $1,020,000 $402,900
2021 $1,995 $102,536 $32,128 $70,408
2020 $1,989 $101,486 $31,799 $69,687
2019 $1,967 $99,497 $31,176 $68,321
2018 $1,834 $97,547 $30,565 $66,982
2016 $1,681 $93,761 $29,379 $64,382
2015 $1,629 $92,353 $28,938 $63,415
2014 $1,564 $90,545 $28,372 $62,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20236714

California Regional Multiple Listing Service (CRMLS)

APN: 7254-019-018