NOT LISTED FOR SALE

Estimated Value: $699,077 - $804,000

8 Beds
4 Baths
2,660 Sq Ft
$284/Sq Ft Est. Value

Last Sold October 15, 2012

Last sale price $275,000 $103 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $4,492/month

About This Home

As of October 2012

Great Investment Opportunity! Legal 4-plex. All 2 bedroom 1 bath units approximately 665sqft. Approximate cap rate of 14%

Last Agent to Sell the Property

Lanard Prince

Rodeo Realty License #01275476 Listed on: 09/07/2012

Rodeo Realty

Last Buyer's Agent

Lanard Prince

Rodeo Realty License #01275476 Listed on: 09/07/2012

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,447

Year Built

  • Built in 1953

Lot Details

  • 5,201 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • 2,660 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 979
  • Tax Tract Number 6
  • Assessor Parcel Number 6029003013

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Water Sewer Expense $3,600
  • New Taxes Expense $3,750
  • Gross Income $4,280
  • Net Operating Income $42,510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,447

Year Built

Built in 1953

Lot Details

0

Parking

3

Listing Details

  • Water Sewer Expenses: 3600.00
  • Property Type: Residential Income
  • Parcel Number: 6029003013
  • Year Built: 1953
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 103.38

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Lot Info

  • Lot Size Sq Ft: 5201.00
  • Lot Size Acres: 0.1190

Multi Family

  • Gross Income: 4280.00
  • Gross Scheduled Income: 51360.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5201.0000 Square Feet
  • Net Operating Income: 42510.00
  • 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: 8850.00
  • Rent Control: Yes
  • Total Actual Rent: 4280.00

Tax Info

  • New Taxes Expense: 3750.00
  • Tax Lot: 979
  • Tax Tract Number: 6
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2019
Sold by
Migueles Manuel
Bought by
Migueles Manuel and Manuel Migueles Family Trust
Current Estimated Value
$756,269

Purchase Details

Listed on
Sep 7, 2012
Closed on
Sep 26, 2012
Sold by
Wells Malcolm
Bought by
Migueles Manuel
Seller's Agent
Lanard Prince
Rodeo Realty
Buyer's Agent
Lanard Prince
Park Regency Realty
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$206,250
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2004
Sold by
Mcmillan Charles L and Monjaraz Sandra Y
Bought by
Wells Malcolm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2003
Sold by
Canela Juan P
Bought by
Mcmillan Charles L and Monjaraz Sandra Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2003
Sold by
Mosqueda Carlos R
Bought by
Canela Juan P

Purchase Details

Closed on
Jul 31, 2001
Sold by
Access Housing Group
Bought by
Canela Juan P and Mosquedo Carlos R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,905
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2001
Sold by
Compean Robert
Bought by
Access Housing Group and Rmc Realty Inc

Purchase Details

Closed on
Nov 22, 2000
Sold by
Marovic Marija
Bought by
Compean Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,550
Interest Rate
7.86%

Purchase Details

Closed on
Oct 20, 2000
Sold by
Hud
Bought by
Curry Temple Community Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,550
Interest Rate
7.86%

Purchase Details

Closed on
Jun 30, 1998
Sold by
Crosby Tina
Bought by
First Nationwide Mtg Corp

Purchase Details

Closed on
Jun 24, 1998
Sold by
Barklow Jerry
Bought by
Overton Jesse

Purchase Details

Closed on
May 5, 1998
Sold by
Crosby Tina
Bought by
Barklow Jerry

Purchase Details

Closed on
Feb 5, 1998
Sold by
First Nationwide Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jun 19, 1995
Sold by
Campbell Timothy M
Bought by
Crosby Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,381
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 1995
Sold by
Wallace Charles and Wallace Johnnie E
Bought by
Cambpell Timothy M

Purchase Details

Closed on
Aug 16, 1993
Sold by
Huecias Antonio and Huecias Gloria
Bought by
Wallace Charles and Wallace Johnnie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.94%
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
Migueles Manuel -- None Available
Migueles Manuel $275,000 Stewart Title Of California
Wells Malcolm $425,000 Fidelity National Title
Mcmillan Charles L $340,000 Fidelity
Canela Juan P -- Fidelity
Canela Juan P $265,000 Fidelity National Title Co
Access Housing Group -- Fidelity National Title Ins
Compean Robert -- Fidelity National Title Co
Compean Robert -- Fidelity National Title Co
Curry Temple Community Development Corp $186,500 Provident Title
First Nationwide Mtg Corp $221,838 --
Overton Jesse -- --
Barklow Jerry -- --
Hud -- --
Crosby Tina -- --
Cambpell Timothy M -- --
Wallace Charles -- Continental Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Migueles Manuel $470,000
Previous Owner Migueles Manuel $206,250
Previous Owner Wells Malcolm $536,000
Previous Owner Wells Malcolm $420,000
Previous Owner Wells Malcolm $52,500
Previous Owner Wells Malcolm $11,500
Previous Owner Wells Malcolm $382,500
Previous Owner Mcmillan Charles L $272,000
Previous Owner Canela Juan P $260,905
Previous Owner Curry Temple Community Development Corp $128,550
Previous Owner Crosby Tina $50,000
Previous Owner Crosby Tina $201,381
Previous Owner Wallace Charles $116,000
Closed Mcmillan Charles L $34,000
Closed Wells Malcolm $21,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2012 10/15/12 Sold $275,000 -- $103 / Sq Ft
09/07/2012 09/07/12 Pending -- -- --
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 $4,447 $338,632 $197,024 $141,608
2024 $4,447 $331,993 $193,161 $138,832
2023 $4,368 $325,484 $189,374 $136,110
2022 $4,176 $319,103 $185,661 $133,442
2021 $4,113 $312,847 $182,021 $130,826
2020 $4,148 $309,640 $180,155 $129,485
2019 $3,997 $303,570 $176,623 $126,947
2018 $3,907 $297,618 $173,160 $124,458
2016 $3,713 $286,063 $166,437 $119,626
2015 $3,663 $281,767 $163,937 $117,830
2014 $3,700 $276,248 $160,726 $115,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12090331

California Regional Multiple Listing Service (CRMLS)

APN: 6029-003-013