NOT LISTED FOR SALE

Estimated Value: $485,462

2 Beds
3 Baths
1,664 Sq Ft
$292/Sq Ft Est. Value

Last Sold October 17, 2023

Last sale price $387,500 $233 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,410/month

28 Days on Market

About This Home

As of October 2023

REO Sale of a 100% vacant mixed-use property. Front commercial building consists of two retail stores totaling 960 SF. Rear single family home of 704 SF consists of 2 bedrooms and 2 bathrooms. Property being sold AS IS. Ideal for an owner-user to occupy the retail stores and either lease or occupy the house. Located 2 blocks from Fremont High School and close to 110 Freeway, providing close access to Downtown Los Angeles.

Last Agent to Sell the Property

Darin Spillman

Kidder Mathews of California, Inc. License #01366902 Listed on: 06/12/2023

Last Buyer's Agent

Darin Spillman

Kidder Mathews of California, Inc. License #01366902 Listed on: 06/12/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,746

Year Built

  • Built in 1934

Lot Details

  • 4,002 Sq Ft Lot
  • Lot Dimensions are 40x100

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6029-008-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,746

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1664
  • Lot Acreage: 0.0919
  • Lot Dimensions: 40x100
  • Probate: No
  • Stories: 1
  • Year Built: 1934
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 240.38

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 1

Lot Info

  • Assessed Improvement Percent: 49.92
  • Assessed Improvement Value: 167229
  • Assessed Land Percent: 50.08
  • Assessed Land Value: 167754
  • Total Assessed Value: 334983
  • Assessor Parcel Number: 6029-008-006
  • Lot Size Area: 4002

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 9.25
  • Number Of Units: 2
  • Total Annual Expense: 10800
  • Type Of Units: Mixed-Use
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2022
Sold by
Sbs Trust Deed Network
Bought by
Block Tom
Current Estimated Value
$485,462

Purchase Details

Closed on
Jan 16, 2019
Sold by
Ibarra Ramon A and Ibarra Erik
Bought by
Ibarra Ramon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 16, 2016
Sold by
Ibarra Lamon A
Bought by
Ibarra Ramon A and Ibarra Erik

Purchase Details

Closed on
Nov 30, 2015
Sold by
Naccarati Commnications Inc
Bought by
Ibarra Ramon Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 16, 2012
Closed on
Jan 7, 2013
Sold by
Hsbc Bank Usa Na
Bought by
Naccarati Communications Inc
Seller's Agent
Joe Kimaz
The Madison Real Estate Group Inc.
Buyer's Agent
Carlos Marcia
List Price
$115,000
Sold Price
$155,299
Premium/Discount to List
$40,299
35.04%

Purchase Details

Closed on
Jun 24, 2009
Sold by
Luna Jacinto Martinez
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Apr 30, 2002
Sold by
Lopez Reina Isabel
Bought by
Luna Jacinto Martinez

Purchase Details

Closed on
Mar 8, 2000
Sold by
Martinez Gilberto
Bought by
Martinez Jacinto and Martinez Jacinto Luna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,692
Interest Rate
8.27%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2000
Sold by
Luna Jacinto M and Martinez Jacinto Luna
Bought by
Lopez Reina Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,692
Interest Rate
8.27%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 1999
Sold by
Martinez Jacinto Luna
Bought by
Martinez Gilberto
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Block Tom $362,400 Accommodation/Courtesy Recordi
Ibarra Ramon A -- Westminster Title Co
Ibarra Ramon A -- None Available
Ibarra Ramon Angel $300,000 Usa National Title Co
Naccarati Communications Inc $155,500 Premium Title Of Ca Inc
Hsbc Bank Usa Na $268,770 None Available
Luna Jacinto Martinez -- --
Martinez Jacinto -- Chicago Title
Lopez Reina Isabel $160,000 --
Martinez Gilberto -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ibarra Ramon A $280,000
Previous Owner Ibarra Ramon A $81,200
Previous Owner Ibarra Ramon Angel $145,000
Previous Owner Ibarra Ramon Angel $165,000
Previous Owner Luna Jacinto Martinez $305,500
Previous Owner Martinez Jacinto $10,000
Previous Owner Luna Jacinto Martinez $250,131
Previous Owner Lopez Reina Isabel $158,692
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2023 10/17/23 Sold $387,500 -3.1% $233 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $400,000 +157.6% $240 / Sq Ft
01/22/2013 01/22/13 Sold $155,299 +35.0% $93 / Sq Ft
11/30/2012 11/30/12 Pending -- -- --
11/16/2012 11/16/12 For Sale $115,000 -- $69 / Sq Ft
Source: The MLS

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
2024 $8,746 $700,000 $500,000 $200,000
2023 $8,744 $700,000 $500,000 $200,000
2022 $4,246 $334,983 $167,754 $167,229
2021 $4,189 $328,415 $164,465 $163,950
2020 $4,227 $325,048 $162,779 $162,269
2019 $4,064 $318,362 $159,181 $159,181
2018 $4,022 $312,120 $156,060 $156,060
2016 $3,836 $300,000 $150,000 $150,000
2015 $2,154 $158,813 $81,968 $76,845
2014 $2,165 $155,703 $80,363 $75,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-280329

The MLS

APN: 6029-008-006