NOT LISTED FOR SALE

Estimated Value: $864,529 - $986,000

8 Beds
4 Baths
2,787 Sq Ft
$330/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $675,000 $242 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,548/month

About This Home

As of January 2021

SOLD BEFORE PROCESSING.

Last Agent to Sell the Property

Joseph Orozco Jr.

Keller Williams Realty License #01305877 Listed on: 12/19/2020

Keller Williams Realty

Last Buyer's Agent

Joseph Orozco Jr.

Keller Williams Realty License #01305877 Listed on: 12/19/2020

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 9,148 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 4 Car Garage

Home Design

  • 2,787 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 147
  • Assessor Parcel Number 151171025

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $1,440
  • Water Sewer Expense $1,800
  • New Taxes Expense $7,830
  • Operating Expense $12,470
  • Gross Income $43,560
  • Net Operating Income $31,090

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.60
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 151171025
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 242.20

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1440.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Multi Family

  • Gross Income: 43560.00
  • Gross Multiplier: 15.49
  • Gross Scheduled Income: 43560.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 9148.0000 Square Feet
  • Net Operating Income: 31090.00
  • 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: 12470.00
  • Rent Control: Yes
  • Total Expenses: 12470.00

Tax Info

  • New Taxes Expense: 7830.00
  • Tax Lot: 147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2020
Sold by
Golden Forest Investments Llc
Bought by
Sareen Angela
Current Estimated Value
$918,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2013
Closed on
Aug 1, 2013
Sold by
Mccarthy Rick E
Bought by
Golden Forest Investments Llc
Seller's Agent
Gladys Lamping
Seaside Homes Inc.
Buyer's Agent
MICHAEL BOAB
COLDWELL BANKER TOWN & COUNTRY
List Price
$425,000
Sold Price
$382,000
Premium/Discount to List
-$43,000
-10.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Dec 21, 2012
Sold by
Mccarthy Rick Edward
Bought by
Mccarthy Rick E

Purchase Details

Closed on
Mar 30, 2012
Sold by
Randolph Kevin
Bought by
Mccarthy Richard E and Mccarthy Rick E

Purchase Details

Closed on
Jan 18, 2010
Sold by
Ochoa Mauricio
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Sep 8, 2009
Sold by
Ochoa Jose J
Bought by
Ochoa Mauricio

Purchase Details

Closed on
Oct 22, 2007
Sold by
Ochoa Jose J
Bought by
Ochoa Jose J and Jose J Ochoa Revocable Living Trust

Purchase Details

Closed on
Sep 3, 2007
Sold by
Ochoa Mauricio
Bought by
Ochoa Jose J

Purchase Details

Closed on
Mar 13, 2007
Sold by
Ochoa Sandra M
Bought by
Ochoa Mauricio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 2007
Sold by
Aguinaldo Wilson F and Aguinaldo Priscilla
Bought by
Ochoa Mauricio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2002
Sold by
Tolentino Mario R and Tolentino Marilou A
Bought by
Aguinaldo Wilson F and Aguinaldo Priscilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 2001
Sold by
Nixon Curtis F and Nixon Patricia A
Bought by
Bankone National Assn

Purchase Details

Closed on
Sep 17, 1999
Sold by
Walker Rob D
Bought by
Nixon Curtis F and Nixon Patricia A

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

Purchase Details

Closed on
Dec 16, 1993
Sold by
Fidelity Federal Bank Fsb
Bought by
Stahl Everett T and Stahl Jo Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
7.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 1993
Sold by
Gateway Mtg Corp
Bought by
Fidelity Federal Bank
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
Sareen Angela $675,000 Corinthian Title
Golden Forest Investments Llc $382,000 Title 365
Mccarthy Rick E -- None Available
Mccarthy Richard E -- Stewart Title Of California
Hsbc Bank Usa National Association $190,000 None Available
Ochoa Mauricio -- Fidelity National Title Co
Ochoa Jose J -- Accommodation
Ochoa Jose J -- Accommodation
Ochoa Mauricio -- Lawyers Title Co
Ochoa Mauricio $700,000 Lawyers Title Co
Aguinaldo Wilson F $290,000 Fidelity National Title Ins
Bankone National Assn $157,952 American Title
Nixon Curtis F $258,000 Investors Title Company
Stahl Everett T $655,000 North American Title Co
Fidelity Federal Bank $500,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sareen Angela $506,250
Previous Owner Ochoa Mauricio $500,000
Previous Owner Aguinaldo Wilson F $232,000
Previous Owner Nixon Curtis F $206,400
Previous Owner Stahl Everett T $524,000
Closed Nixon Curtis F $25,800
Closed Aguinaldo Wilson F $29,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2021 01/08/21 Sold $675,000 0.0% $242 / Sq Ft
12/19/2020 12/19/20 Pending -- -- --
12/19/2020 12/19/20 For Sale $675,000 +76.7% $242 / Sq Ft
09/03/2013 09/03/13 Sold $382,000 -10.1% $137 / Sq Ft View Prior Sale
08/11/2013 08/11/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $425,000 -- $152 / 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 $8,847 $730,639 $119,066 $611,573
2023 $8,847 $702,270 $114,444 $587,826
2022 $8,191 $688,500 $112,200 $576,300
2021 $5,214 $432,405 $92,656 $339,749
2020 $5,132 $427,972 $91,706 $336,266
2019 $5,066 $419,581 $89,908 $329,673
2018 $4,997 $411,355 $88,146 $323,209
2017 $4,906 $403,290 $86,418 $316,872
2016 $4,827 $395,383 $84,724 $310,659
2015 $4,756 $389,446 $83,452 $305,994
2014 $4,740 $381,818 $81,818 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG20260261

California Regional Multiple Listing Service (CRMLS)

APN: 151-171-025