NOT LISTED FOR SALE

Estimated Value: $1,300,000 - $2,281,000

12 Beds
8 Baths
4,920 Sq Ft
$376/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $1,700,000 $346 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,124/month

93 Days on Market

About This Home

As of May 2021

BRAND NEW 4 PLEX IN PRIME AREA. ALL UNITS ARE 3 BEDS 2 BATHS EACH. OPEN FLOOR PLANS, MASTER SUITES, LARGE CLOSETS, RECESSED LIGHTING, HVAC. KITCHENS HAVE WHITE CABINETRY AND LAMINATE FLOORS. BEDROOMS ARE AMPLE IN SIZE, MIRRORED CLOSET DOORS. INDOOR WASH FACILITIES. NICELY LANDSCAPED IN FRONT YARD, COMPLETELY FENCED IN FOR PRIVACY WITH LOTS OF PARKING IN BACK. BLOCKS AWAY FROM PORT OF SAN PEDRO. CLOSE TO 110 FWY, 91, 405 FREEWAYS AND ALL SHOPPING CENTERS. LASTLY, NO RENT CONTROL. GREAT INCOME PROPERTY.

Last Listed By

Alicia Ortiz

Real Estate Connection License #01193650 Listed on: 11/23/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,464

Year Built

  • Built in 2020

Lot Details

  • 7,584 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 4,920 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • Parking Available
  • Driveway

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $4,350
  • New Taxes Expense $21,250
  • Operating Expense $25,600
  • Gross Income $11,800
  • Net Operating Income $25,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,464

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: ALL UNITS WILL HAVE STOVES AND REFRIGERATORS
  • Property Attached: Yes
  • Property Type: Residential Income
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 345.53

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7584.00
  • Lot Size Acres: 0.1741

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 11800.00
  • Gross Scheduled Income: 141600.00
  • Insurance Expense: 4350.00
  • Lot Size Area: 7584.0000 Square Feet
  • Net Operating Income: 25600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 25600.00
  • Rent Control: No
  • Total Actual Rent: 11800.00
  • Total Expenses: 25600.00

Tax Info

  • New Taxes Expense: 21250.00
  • Tax Lot: 00
  • Tax Tract Number: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Olsen Douglas S
Bought by
2Oisen Llc
Total Days on Market
93
Current Estimated Value
$1,849,147

Purchase Details

Listed on
Nov 23, 2020
Closed on
May 17, 2021
Sold by
Olsen Yong Hui
Bought by
Olsen Douglas S
Seller's Agent
Alicia Ortiz
Real Estate Connection
Buyer's Agent
Julie Olsen
Olsen Realty
List Price
$1,719,000
Sold Price
$1,700,000
Premium/Discount to List
-$19,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$1,521,000
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Listed on
Nov 23, 2020
Closed on
Apr 7, 2021
Sold by
Pyramid Investments Inc
Bought by
Olsen Douglas S
Seller's Agent
Alicia Ortiz
Real Estate Connection
Buyer's Agent
Julie Olsen
Olsen Realty
List Price
$1,719,000
Sold Price
$1,700,000
Premium/Discount to List
-$19,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,521,000
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Closed on
Feb 5, 2021
Sold by
Pyramid Investments Inc
Bought by
Ruiz James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2018
Closed on
Jul 24, 2018
Sold by
Gomez Javier
Bought by
Pyramid Investments Inc
Seller's Agent
Everardo Banuelos Robles
Realty ONE Group United
Buyer's Agent
Everardo Banuelos Robles
Realty ONE Group United
List Price
$300,000
Sold Price
$360,000
Premium/Discount to List
$60,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.20%
Original Mortgage
$841,500
Interest Rate
4.6%
Mortgage Type
Construction

Range of Values:

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Average Value
Not Available
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
2Oisen Llc -- None Listed On Document
Olsen Douglas S -- Clearmark Title Co
Olsen Douglas S $1,700,000 Clearmark Title
Pyramid Investments Inc -- Clearmark Title
Ruiz James -- Stewart Title Of California In
Ruiz James -- Stewart Title Of California In
Pyramid Investments Inc $360,000 Orange Coast Title Company O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olsen Douglas S $1,521,000
Previous Owner Ruiz James $880,000
Previous Owner Pyramid Investments Inc $841,500
Previous Owner Gomez Javier $325,000
Previous Owner Gomez Javier $225,000
Previous Owner Gomez Javier $17,000
Previous Owner Gomez Javier $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $1,700,000 -1.1% $346 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $1,719,000 +377.5% $349 / Sq Ft
09/07/2018 09/07/18 Sold $360,000 +20.0% --
02/07/2018 02/07/18 For Sale $300,000 -- --
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
2024 $22,464 $1,804,053 $1,204,471 $599,582
2023 $22,035 $1,768,680 $1,180,854 $587,826
2022 $21,022 $1,734,000 $1,157,700 $576,300
2021 $9,523 $744,298 $175,196 $569,102
2020 $2,335 $173,400 $173,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20245618

California Regional Multiple Listing Service (CRMLS)

APN: 7416-013-046