NOT LISTED FOR SALE

Estimated Value: $419,000 - $502,000

6 Beds
2 Baths
1,485 Sq Ft
$313/Sq Ft Est. Value

Last Sold April 18, 2017

Last sale price $260,000 $175 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,979/month

39 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Back and Front Yard

About This Home

As of April 2017

2 HOUSES ON ONE LOT! #8150 included. 3 BEDROOM, 1 CAR GARAGE FOR EACH HOUSE, 8150 SAME EXACT FLOOR PLAN. NEW PAINT INSIDE AND OUT! IT IS A REAL DEAL FOR INVESTORS. ONE HOUSE IS BEING RENTED FOR $1100 AND THE OTHER HOUSE IS FOR $925. LONG TERM TENANTS, 6 YEARS+. DRIVE BY FIRST AND CALL TO MAKE AN APPOINTMENT.

Last Agent to Sell the Property

Ons Dakhil

Gold Team Realty License #01997749 Listed on: 02/14/2017

Last Buyer's Agent

Christopher Dumayas

MZ BROKERAGE INC. License #01954052

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,863

Year Built

  • Built in 1954

Lot Details

  • 6,968 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Back and Front Yard

Parking

  • 1 Car Garage

Interior Spaces

  • 1,485 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 55
  • Tax Tract Number 2758
  • Assessor Parcel Number 0279091170000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $2,025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,863

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: RM
  • Property Type: Residential Income
  • Parcel Number: 0279091170000
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 175.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard
  • Lot Size Sq Ft: 6968.00

Multi Family

  • Gross Income: 2025.00
  • Gross Scheduled Income: 24300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 65.00
  • Tax Lot: 55
  • Tax Tract Number: 02758

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Cobra 28 No 8 Lp
Bought by
Illidan 28 Lp
Current Estimated Value
$485,210

Purchase Details

Closed on
Apr 27, 2018
Sold by
Cobra 28 No 8 Lp
Bought by
Cobra 28 No 8 Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500,000
Outstanding Balance
$6,485,354
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
-$5,990,399

Purchase Details

Listed on
Feb 14, 2017
Closed on
Apr 4, 2017
Sold by
Mp Direct Investments Llc
Bought by
Cobra 28 No 8 Lp
Seller's Agent
Ons Dakhil
Gold Team Realty
Buyer's Agent
Christopher Dumayas
MZ BROKERAGE INC.
List Price
$285,000
Sold Price
$260,000
Premium/Discount to List
-$25,000
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%

Purchase Details

Closed on
Nov 5, 2013
Sold by
Mckay Ronald R and Mckay Ron
Bought by
Mp Direct Investments Llc

Purchase Details

Closed on
Apr 22, 2013
Sold by
Mckay Shanna M
Bought by
Mckay Ron

Purchase Details

Closed on
Aug 9, 2011
Sold by
Mckay Ronald
Bought by
Mckay Ronald and Mckay Shanna M

Purchase Details

Closed on
Mar 4, 2008
Sold by
Us Bank Na
Bought by
Mckay Ronald R

Purchase Details

Closed on
Feb 27, 2008
Sold by
Mckay Shanna M
Bought by
Mckay Ronald R

Purchase Details

Closed on
Jul 3, 2007
Sold by
Contreras Alida
Bought by
Us Bank Na and Mastr Asset Backed Securities Trust 2006

Purchase Details

Closed on
Sep 21, 2005
Sold by
Hernandez Souhela
Bought by
Contreras Alida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 26, 2004
Sold by
Hud
Bought by
Hernandez Souhela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2003
Sold by
Washington Mutual Bank Fa
Bought by
Hud

Purchase Details

Closed on
Apr 23, 2003
Sold by
Willis Terry
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Jan 22, 2001
Sold by
Mudahy Trevor
Bought by
Willis Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,084
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2000
Sold by
Harkison Diane D
Bought by
Mudahy Trevor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.08%
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
Illidan 28 Lp -- Orange Coast Title Co
Cobra 28 No 8 Lp -- Wfg National Title
Cobra 28 No 8 Lp $260,000 Provident Title Company
Mp Direct Investments Llc -- None Available
Mckay Ron -- None Available
Mckay Ronald -- Accommodation
Mckay Ronald R $143,000 None Available
Mckay Ronald R -- None Available
Us Bank Na $284,900 Accommodation
Contreras Alida $410,000 Fidelity National Title Co
Hernandez Souhela $165,000 Gateway Title
Hud $134,504 --
Washington Mutual Bank Fa $134,504 Fnt
Willis Terry $124,000 Orange Coast Title
Mudahy Trevor $69,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobra 28 No 8 Lp $7,500,000
Closed Cobra 28 No 8 Lp $7,500,000
Previous Owner Contreras Alida $76,000
Previous Owner Hernandez Souhela $166,000
Previous Owner Hernandez Souhela $156,750
Previous Owner Willis Terry $122,084
Previous Owner Mudahy Trevor $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2017 04/18/17 Sold $260,000 -8.8% $175 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $285,000 -- $192 / 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 $3,863 $301,752 $46,423 $255,329
2024 $3,863 $295,836 $45,513 $250,323
2023 $3,767 $290,036 $44,621 $245,415
2022 $3,774 $284,349 $43,746 $240,603
2021 $3,780 $278,773 $42,888 $235,885
2020 $3,790 $275,914 $42,448 $233,466
2019 $3,678 $270,504 $41,616 $228,888
2018 $3,517 $265,200 $40,800 $224,400
2017 $2,143 $161,845 $45,271 $116,574
2016 $2,080 $158,671 $44,383 $114,288
2015 $2,119 $156,287 $43,716 $112,571
2014 $1,878 $140,000 $30,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG17041438

California Regional Multiple Listing Service (CRMLS)

APN: 0279-091-17