NOT LISTED FOR SALE

Estimated Value: $1,044,000 - $1,344,000

8 Beds
4 Baths
3,150 Sq Ft
$395/Sq Ft Est. Value

Last Sold March 13, 2018

Last sale price $770,000 $244 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,546/month

13 Days on Market

Highlights

  • Laundry Room
  • Paved or Partially Paved Lot
  • Back and Front Yard
  • John H. Francis Polytechnic Rated A-

About This Home

As of March 2018

Huge 11,703 square foot lot with big units!! Four 2 bedroom plus 1 bathroom units! 2 car garage plus three 1 car garages plus lots of off site parking! 8164 features kitchen with dining area, hardwood floors, private laundry in garage, and private yard. 8166 features kitchen with laundry area, formal dining room, and pergo flooring. 8168 features kitchen with laundry area and pergo flooring. 8170 features kitchen with laundry area, formal dining room, and pergo flooring.

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 12/22/2017

Last Buyer's Agent

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 12/22/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,959

Year Built

  • Built in 1944

Lot Details

  • 0.27 Acre Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Level Lot
  • Back and Front Yard

Parking

  • 4 Open Parking Spaces
  • 5 Car Garage

Home Design

  • 3,150 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 118
  • Tax Tract Number 13171
  • Assessor Parcel Number 2407022013

Community Details

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • New Taxes Expense $10,000
  • Operating Expense $12,400
  • Gross Income $53,916
  • Net Operating Income $41,516

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,959

Year Built

Built in 1944

Lot Details

0

Parking

5

Listing Details

  • CapRate: 5.06
  • Property Attached: Yes
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 2407022013
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 244.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level, Paved
  • Lot Size Sq Ft: 11703.00

Multi Family

  • Gross Income: 53916.00
  • Gross Multiplier: 15.21
  • Gross Scheduled Income: 53916.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 41516.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 12400.00
  • Rent Control: Yes
  • Total Expenses: 12400.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Census Tract: 1222.00
  • Tax Lot: 118
  • Tax Tract Number: 13171

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2021
Sold by
Eulmessekian Hagop and Kajikyan Nune
Bought by
Anmah Rentals Llc
Current Estimated Value
$1,244,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Outstanding Balance
$497,602
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$767,687

Purchase Details

Closed on
Jan 15, 2021
Sold by
Eulmessekian Hagop and Kajikyan Nune
Bought by
Eulmessekian Hagop and Kajikyan Nune

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Outstanding Balance
$497,602
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$767,687

Purchase Details

Listed on
Dec 22, 2017
Closed on
Mar 12, 2018
Sold by
Eulmessekian Hagop and Kajikyan Nune
Bought by
Nune Eulmessekian Hagop and Nune Kajkyan
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Brad Korb
Brad Korb Real Estate Group
List Price
$799,997
Sold Price
$770,000
Premium/Discount to List
-$29,997
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$562,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 22, 2017
Closed on
Jan 18, 2018
Sold by
Spiegelstein Wolfgang
Bought by
Eulmessekian Hagop and Kajikyan Nune
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Brad Korb
Brad Korb Real Estate Group
List Price
$799,997
Sold Price
$770,000
Premium/Discount to List
-$29,997
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2004
Sold by
Estate Of Eleanor Spiegelsein
Bought by
Spiegelstein Wolfgang
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
Anmah Rentals Llc -- Accommodation
Eulmessekian Hagop -- Old Republic Title Company
Nune Eulmessekian Hagop -- Fidelity National Title Comp
Eulmessekian Hagop $818,500 Fidelity National Title Comp
Spiegelstein Wolfgang -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eulmessekian Hagop $555,000
Previous Owner Eulmessekian Hagop $557,000
Previous Owner Eulmessekian Hagop $562,500
Previous Owner Spiegelstein Wolfgang $139,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2018 03/13/18 Sold $770,000 -6.1% $244 / Sq Ft
01/04/2018 01/04/18 Price Changed $819,918 +2.5% $260 / Sq Ft
12/22/2017 12/22/17 For Sale $799,997 -- $254 / 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 $10,959 $876,125 $625,804 $250,321
2024 $10,959 $858,947 $613,534 $245,413
2023 $10,755 $842,105 $601,504 $240,601
2022 $10,269 $825,594 $589,710 $235,884
2021 $10,135 $809,407 $578,148 $231,259
2020 $10,233 $801,108 $572,220 $228,888
2019 $9,841 $785,400 $561,000 $224,400
2018 $3,138 $225,626 $129,994 $95,632
2016 $2,973 $216,867 $124,948 $91,919
2015 $2,935 $213,611 $123,072 $90,539
2014 $2,974 $209,428 $120,662 $88,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB17273204

California Regional Multiple Listing Service (CRMLS)

APN: 2407-022-013