NOT LISTED FOR SALE
10 Beds
6 Baths
3,894 Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: July 25, 2016

Last sale price $985,000 $253 Per Sq Ft

121 Days on Market

Highlights

  • Fireplace in Bathroom
  • Balcony
  • Cooling System Mounted To A Wall/Window
  • No HOA
  • Cul-De-Sac
  • Laundry Room

About This Home

As of July 2016

Nice Covington 4 Plex Rarely for sale, Large Concrete Common Yard Shared with 800 E. Balsam, 5 Attached Single Car Garages with Storage Spaces plus extra parking spaces shared with 800 E. Balsam, Located on a Cul De Sac Street with Alley access to the Rear of Property, Close to Shopping Centers and Freeway Access, Good Interior Conditions of Units, Newer Speed Queen Laundry Machines, Newer Commercial Sized Water Heater, Low Maintenance Landscaping, Down stairs units have a small enclosed side patio / yard, All units have newer Window Air Conditioning Units.

Last Agent to Sell the Property

Robert Carrera

Coldwell Banker Realty License #00947950 Listed on: 01/26/2016

Last Buyer's Agent

Dave Chamberlain

Team Chamberlain Realty Exe. License #00762670

Team Chamberlain Realty Exe.
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 10,454 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Cul-De-Sac

Parking

  • 5 Car Garage
  • Parking Available
  • Single Garage Door
  • Uncovered Parking
  • Unassigned Parking

Home Design

  • Composition Roof

Interior Spaces

  • 3,894 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Laminate Countertops
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Fireplace in Patio
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Central Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 5703
  • Assessor Parcel Number 26701114

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $5,000
  • Insurance Expense $1,000
  • Maintenance Expense $700
  • Trash Expense $700
  • Water Sewer Expense $1,000
  • New Taxes Expense $10,000
  • Gross Income $5,825
  • Net Operating Income $64,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

10,454 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • View: No
  • Water Sewer Expenses: 1000.00
  • Property Type: Residential Income
  • Parcel Number: 26701114
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Laminate Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Fireplace Features: Bath, Gas, Kitchen, Living Room, Patio
  • Levels: Two
  • Price Per Square Foot: 252.95

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Unassigned, Uncovered
  • Total Parking Spaces: 13.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas & Electric Range, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Water Heater Central
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Common Area, Community, Dryer Included, Electric Dryer Hookup, Gas Dryer Hookup, Gas & Electric Dryer Hookup, Individual Room, Outside, Washer Hookup, Washer Included
  • Sewer: Sewer Paid
  • Trash Expense: 700.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 10454.00
  • Price Per Lot Square Foot: 94.22
  • Lot Size Acres: 0.2400

Multi Family

  • Electric Expense: 5000.00
  • Gross Income: 5825.00
  • Gross Scheduled Income: 71100.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 10454.0000 Square Feet
  • Maintenance Expense: 700.00
  • Net Operating Income: 64000.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Patio: 3
  • Number With Range: 4
  • Operating Expense: 7000.00
  • Rent Control: No
  • Total Actual Rent: 5525.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Lot: 9
  • Tax Tract Number: 5703

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Jun 3, 2016
Sold by
Bought by
Seller's Agent
Robert Carrera
Coldwell Banker Realty
Buyer's Agent
Dave Chamberlain
Team Chamberlain Realty Exe.
List Price
$1,000,000
Sold Price
$985,000
Premium/Discount to List
-$15,000
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,000
Interest Rate
3.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
5.94%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
5.94%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 26, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
4.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 26, 1997
Sold by
Bought by

Purchase Details

Closed on
Sep 4, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$985,000 Orange Coast Title Company
-- None Available
-- Lawyers Title
$925,000 Lawyers Title
-- Stewart Title
-- Stewart Title
$672,000 --
$250,000 First American Title Ins Co
$191,000 North American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $591,000
Previous Owner $7,200,000
Previous Owner $740,000
Previous Owner $504,000
Previous Owner $315,000
Previous Owner $225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/25/2016 07/25/16 Sold $985,000 -1.5% $253 / Sq Ft
01/26/2016 01/26/16 For Sale $1,000,000 -- $257 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,099 $1,166,037 $1,011,773 $154,264
2025 $13,391 $1,143,174 $991,934 $151,240
2024 $13,391 $1,120,759 $972,484 $148,275
2023 $13,108 $1,098,784 $953,416 $145,368
2022 $12,941 $1,077,240 $934,722 $142,518
2021 $12,963 $1,056,118 $916,394 $139,724
2020 $12,909 $1,045,289 $906,997 $138,292
2019 $12,527 $1,024,794 $889,213 $135,581
2018 $12,270 $1,004,700 $871,777 $132,923
2017 $11,790 $985,000 $854,683 $130,317
2016 $11,174 $913,725 $765,524 $148,201
2015 $11,076 $900,000 $754,025 $145,975
2014 $10,588 $900,000 $754,025 $145,975
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16017195

California Regional Multiple Listing Service (CRMLS)

APN: 267-011-14

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