NOT LISTED FOR SALE

Estimated Value: $882,864 - $1,087,000

8 Beds
4 Baths
2,700 Sq Ft
$365/Sq Ft Est. Value

Last Sold October 08, 2018

Last sale price $580,000 $215 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,823/month

4 Days on Market

Highlights

  • Mountain View
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • No HOA
  • Laundry Room
  • 5-minute walk to Bryant Park

About This Home

As of October 2018

Excellent opportunity to purchase a multi-unit property, 2 units down and 2 units up, All 4 units are 2 bedrooms and 1 bathrooms. Each with there own washer/dryer hook ups, There is a detached garage (1 space per unit). The 2 downstairs units have a small yard. Each unit has its own electric and gas meter plus water heater. Centrally located to bus lines, schools, shopping and John Bryant Park.

Last Agent to Sell the Property

Ken Hawkins

AMANICA REAL ESTATE License #00967449 Listed on: 09/07/2018

Last Buyer's Agent

Christopher Dumayas

MZ BROKERAGE INC. License #01954052

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 8,276 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,700 Sq Ft Home
  • Mountain Views
  • Gas Cooktop
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 151
  • Tax Tract Number 1
  • Assessor Parcel Number 151171029

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gross Income $41,212
  • Net Operating Income $31,267

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 151171029
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 214.81

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 8276.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 41212.00
  • Gross Scheduled Income: 41212.00
  • Net Operating Income: 31267.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 9945.00
  • Rent Control: No
  • Total Actual Rent: 3575.00

Tax Info

  • Tax Census Tract: 411.01
  • Tax Lot: 151
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Golden Opportunity No 17 Lp
Bought by
Illidan 28 Lp
Current Estimated Value
$986,716

Purchase Details

Listed on
Sep 7, 2018
Closed on
Sep 11, 2018
Sold by
Lin Deborah Hsiao Ling and Lin Jason Chien Chou
Bought by
Golden Opportunity No 28 Lp
Seller's Agent
Ken Hawkins
AMANICA REAL ESTATE
Buyer's Agent
Christopher Dumayas
MZ BROKERAGE INC.
List Price
$659,000
Sold Price
$580,000
Premium/Discount to List
-$79,000
-11.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%

Purchase Details

Closed on
Jul 26, 2011
Sold by
Chamberland Christian and Chamberland Lualhati
Bought by
Lin Deborah Hsiao Ling and Lin Jason Chien Chou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2006
Sold by
Chamberland Christian and Chamberland Lualhati
Bought by
The Masters Property Management Llc

Purchase Details

Closed on
Feb 11, 2004
Sold by
Ramos Manuel and Ramos Elvira
Bought by
Chamberland Christian and Chamberland Lualhati

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
May 13, 2002
Sold by
Trummeter Robert
Bought by
Ramos Manuel and Ramos Elvira

Purchase Details

Closed on
Apr 5, 2001
Sold by
Greenpoint Mtg Funding Inc
Bought by
Trummeter Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 28, 2000
Sold by
Lambrecht Gregory S
Bought by
Greenpoint Mtg Funding Inc

Purchase Details

Closed on
Sep 2, 1999
Sold by
Walker Rob D
Bought by
Lambrecht Gregory S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
7.97%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Illidan 28 Lp -- Orange Coast Title Co
Golden Opportunity No 28 Lp $580,000 Chicago Title Inland Empire
Lin Deborah Hsiao Ling $210,000 Fidelity National Title Co
Chamberland Christian -- Fidelity National Title Co
The Masters Property Management Llc -- None Available
Chamberland Christian $435,000 Commonwealth Land Title Co S
Ramos Manuel $269,000 Fidelity National Title Ins
Trummeter Robert $184,000 Stewart Title
Greenpoint Mtg Funding Inc $227,328 First American Title Ins Co
Lambrecht Gregory S $258,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Deborah Hsiao Ling $157,500
Previous Owner Chamberland Christian $326,250
Previous Owner Trummeter Robert $138,000
Previous Owner Lambrecht Gregory S $206,400
Closed Lambrecht Gregory S $25,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2018 10/08/18 Sold $580,000 -12.0% $215 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $659,000 0.0% $244 / Sq Ft
09/24/2013 09/24/13 Rented $750 -5.7% --
09/20/2013 09/20/13 Under Contract -- -- --
08/01/2013 08/01/13 For Rent $795 -- --
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 $7,849 $646,997 $139,437 $507,560
2023 $7,849 $621,874 $134,023 $487,851
2022 $7,268 $609,682 $131,396 $478,286
2021 $7,142 $597,728 $128,820 $468,908
2020 $7,029 $591,600 $127,500 $464,100
2019 $6,938 $580,000 $125,000 $455,000
2018 $2,806 $231,814 $71,751 $160,063
2017 $2,755 $227,270 $70,345 $156,925
2016 $2,711 $222,815 $68,966 $153,849
2015 $2,670 $219,470 $67,931 $151,539
2014 $2,660 $215,172 $66,601 $148,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18218895

California Regional Multiple Listing Service (CRMLS)

APN: 151-171-029