NOT LISTED FOR SALE

Estimated Value: $914,000 - $989,000

5 Beds
2 Baths
1,420 Sq Ft
$676/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $935,000 $658 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,841/month

20 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Front Yard
  • Warren High School Rated A-
  • Wall Furnace
  • 1-Story Property

About This Home

As of June 2024

**GREAT INVESTMENT OPPORTUNITY** 2 DETACHED UNITS! This property offers an exceptional investment opportunity, situated amidst a host of conveniences that enhance its appeal. Enjoy close proximity to parks, schools, restaurants, shopping centers, churches, golf courses, nightlife, and effortless access to major freeways, ensuring a lifestyle of convenience and accessibility.Meticulously updated over the years, this property boasts modernization and comfort. In 2018, the front unit underwent a comprehensive renovation featuring freshly painted interiors and exteriors, sleek laminated wood flooring, an updated kitchen adorned with granite countertops, refurbished cabinets, stylish backsplash, recessed lighting, and the addition of portable AC units. The front unit further offers a garage with driveway parking and a versatile bonus room that can easily serve as a third bedroom. In 2022, the back unit received a similar treatment with brand-new laminated wood floors, interior paint, recessed lighting, revitalized kitchen cabinets, countertops, and a new roof, ensuring both units reflect contemporary style and functionality. Practical amenities abound, with both units boasting new electrical panels, laundry hook-ups, storage units, and convenient alley access to the backyard for parking, providing added value and convenience. This is a rare opportunity not to be missed! Invest in a property that not only promises immediate returns but also holds the potential for long-term prosperity.

Last Agent to Sell the Property

Diana Hernandez

Century 21 Allstars Brokerage Email: dhernandezc21@gmail.com License #01814655 Listed on: 05/08/2024

Century 21 Allstars

Last Buyer's Agent

Deborah Larson

Cogburn-Miller Realty License #01795295

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,815

Year Built

  • Built in 1956

Lot Details

  • 5,259 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,420 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 47
  • Tax Tract Number 9613
  • Assessor Parcel Number 6260005061
  • $584 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $480
  • Insurance Expense $800
  • Trash Expense $840
  • Water Sewer Expense $2,400
  • Operating Expense $3,720
  • Gross Income $63,480
  • Net Operating Income $63,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,815

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 444950
  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: DOR2&HFB*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 6260005061
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 658.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 840.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5259.00
  • Lot Size Acres: 0.1207
  • Latitude Manual: 33.91781000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 63480.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5259.0000 Square Feet
  • Net Operating Income: 63480.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3240.00
  • Rent Control: No
  • Total Expenses: 3720.00

Tax Info

  • Tax Census Tract: 5517.00
  • Tax Lot: 47
  • Tax Tract Number: 9613
  • TaxOtherAnnualAssessmentAmount: 584.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
Martinez Roxana Maria
Bought by
Roxana Maria Martinez Revocable Living Trust and Martinez
Current Estimated Value
$959,923

Purchase Details

Listed on
May 8, 2024
Closed on
Jun 21, 2024
Sold by
Rodriguez Susan and Magana Abelino Rodriguez
Bought by
Martinez Roxana Maria and Martinez Daniel A
Seller's Agent
Diana Hernandez
Century 21 Allstars
Buyer's Agent
Deborah Larson
Cogburn-Miller Realty
List Price
$889,900
Sold Price
$935,000
Premium/Discount to List
$45,100
5.07%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.31%
Original Mortgage
$701,250
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2020
Sold by
Hernandez Gabriela
Bought by
Magana Abelino Rodriguez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,559
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2020
Sold by
Rodriguez Susan and Magana Abelino Rodriguez
Bought by
Rodriguez Susan and Magana Abelino Rodriguez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,559
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 29, 2017
Closed on
Jan 3, 2018
Sold by
Samano Armando
Bought by
Rodriguez Rodriguez Susan Susan and Rodriguez Magana Abelino
Seller's Agent
Jesus Ontiveros Jr
VIP RE Firm
Buyer's Agent
Diana Hernandez
Century 21 Allstars
List Price
$585,000
Sold Price
$550,000
Premium/Discount to List
-$35,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$539,020
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 11, 2016
Sold by
Samano Olvia
Bought by
Samano Armando

Purchase Details

Closed on
Oct 6, 2005
Sold by
Samano Armando
Bought by
Samano Olvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2005
Sold by
Lopez Jaime
Bought by
Samano Armando and Samano Olvia

Purchase Details

Closed on
Jun 23, 2004
Sold by
Samano Jose Ramiro and Samano Armando
Bought by
Lopez Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1999
Sold by
Feirro Joseph
Bought by
Samano Jose Ramiro and Samano Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,430
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 1999
Sold by
Harland Daniel T and Harland Cheryle A
Bought by
Fierro Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
3.35%
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
Roxana Maria Martinez Revocable Living Trust -- None Listed On Document
Martinez Roxana Maria $935,000 Fidelity National Title
Magana Abelino Rodriguez -- Stewart Title Of Ca Inc
Rodriguez Susan -- Stewart Title Of Ca Inc
Rodriguez Rodriguez Susan Susan $550,000 Old Republic Title Company
Samano Armando -- None Available
Samano Olvia -- --
Samano Armando -- Chicago Title Co
Lopez Jaime $320,000 Commonwealth Land Title Co
Samano Jose Ramiro $192,000 Gateway Title Company
Fierro Joseph $130,000 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Roxana Maria $701,250
Previous Owner Rodriguez Susan $528,559
Previous Owner Rodriguez Rodriguez Susan Susan $539,020
Previous Owner Samano Olvia $380,000
Previous Owner Samano Olvia $285,000
Previous Owner Lopez Jaime $256,000
Previous Owner Samano Jose Ramiro $197,528
Previous Owner Samano Jose Ramiro $190,430
Previous Owner Fierro Joseph $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $935,000 +5.1% $658 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $889,900 +61.8% $627 / Sq Ft
02/23/2018 02/23/18 Sold $550,000 -6.0% $407 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/29/2017 10/29/17 For Sale $585,000 -- $433 / 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 $7,815 $953,700 $596,700 $357,000
2024 $7,815 $613,533 $356,965 $256,568
2023 $7,712 $601,504 $349,966 $251,538
2022 $7,191 $589,710 $343,104 $246,606
2021 $7,029 $578,148 $336,377 $241,771
2020 $6,905 $572,220 $332,928 $239,292
2019 $6,925 $561,000 $326,400 $234,600
2018 $6,305 $515,000 $360,500 $154,500
2016 $5,070 $414,000 $289,800 $124,200
2015 $5,064 $414,000 $289,800 $124,200
2014 $3,818 $317,000 $250,000 $67,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24093125

California Regional Multiple Listing Service (CRMLS)

APN: 6260-005-061