NOT LISTED FOR SALE

Estimated Value: $1,168,000 - $1,536,847

4 Beds
2 Baths
1,644 Sq Ft
$789/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $918,000 $558 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $7,857/month

29 Days on Market

Highlights

  • No Units Above
  • Wood Flooring
  • No HOA
  • Property is near public transit
  • Bonus Room
  • Cul-De-Sac

About This Home

As of July 2020

Prized duplex located at the end of a quiet, tree lined, cul-de-sac in the Osage neighborhood of Westchester with wide streets and ample parking. Each 2 bedroom, 1 bath unit has its own laundry, its own electric and gas meters and hardwood floors. The front unit benefits from a deep set back and is canopied by a beautiful mature tree. The rear unit gets to enjoy a private, grassy backyard. The detached 2-car garage is at the end of an extremely long driveway which can accommodate several cars. Rest easy knowing that it’s already tenant occupied with both units collecting impressive rents.

Last Agent to Sell the Property

Kim Doner

Compass License #01828186 Listed on: 05/19/2020

Compass

Last Buyer's Agent

Christian Humbert

Coldwell Banker Realty License #01347925

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,994

Year Built

  • Built in 1944

Lot Details

  • 6,758 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Cul-De-Sac
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,644 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room
  • Bonus Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Property is near public transit
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 16
  • Tax Tract Number 11729
  • Assessor Parcel Number 4107017012

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $526
  • Water Sewer Expense $90
  • New Taxes Expense $11,863
  • Operating Expense $7,000
  • Gross Income $28,260
  • Net Operating Income $41,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,994

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 90.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4107017012
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Tile, Vinyl, Wood
  • Levels: One
  • Price Per Square Foot: 558.39
  • Room Type: Bonus Room, Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Near Public Transit
  • Lot Size Sq Ft: 6758.00
  • Lot Size Acres: 0.1551

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 28260.00
  • Gross Scheduled Income: 48260.00
  • Insurance Expense: 526.00
  • Lot Size Area: 6758.0000 Square Feet
  • Net Operating Income: 41260.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 7000.00
  • Rent Control: Yes
  • Total Actual Rent: 4021.67
  • Total Expenses: 7000.00

Tax Info

  • New Taxes Expense: 11863.00
  • Tax Census Tract: 2760.00
  • Tax Lot: 16
  • Tax Tract Number: 11729

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 6, 2020
Sold by
Huffman Corle E
Bought by
Jiang Wei and Hong Yan
Seller's Agent
Kim Doner
Compass
Buyer's Agent
Christian Humbert
Coldwell Banker Realty
List Price
$949,000
Sold Price
$918,000
Premium/Discount to List
-$31,000
-3.27%
Current Estimated Value
$1,297,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,212
Avg. Annual Appreciation
6.81%
Original Mortgage
$653,550
Outstanding Balance
$580,600
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$716,612

Purchase Details

Closed on
Jan 12, 2018
Sold by
Huffman Rand
Bought by
Huffman Corle

Purchase Details

Closed on
Jun 24, 2015
Sold by
Huffman Rand E
Bought by
R E Huffman Revocable Trust

Purchase Details

Closed on
Aug 29, 2013
Sold by
Li Baowen
Bought by
Huffman Rand E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 1998
Sold by
Huffman Rand E
Bought by
Huffman Rand E and Woo Fay D
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
Jiang Wei $918,000 Chicago Title Company
Huffman Corle $325,000 None Available
R E Huffman Revocable Trust -- None Available
Huffman Rand E -- First American Title Ins Co
Huffman Rand E -- First American Title Ins Co
Huffman Rand E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Wei $653,550
Previous Owner Huffman Rand E $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2020 07/22/20 Sold $918,000 -3.3% $558 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $949,000 +3.4% $577 / Sq Ft
06/01/2020 06/01/20 Off Market $918,000 -- --
05/19/2020 05/19/20 For Sale $949,000 -- $577 / 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 $11,994 $993,671 $638,634 $355,037
2024 $11,994 $974,188 $626,112 $348,076
2023 $11,765 $955,087 $613,836 $341,251
2022 $11,223 $936,360 $601,800 $334,560
2021 $11,082 $918,000 $590,000 $328,000
2020 $5,326 $419,496 $233,848 $185,648
2019 $5,121 $411,271 $229,263 $182,008
2018 $5,015 $403,208 $224,768 $178,440
2016 $4,787 $387,553 $216,041 $171,512
2015 $4,719 $381,732 $212,796 $168,936
2014 $4,748 $374,255 $208,628 $165,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20090356

California Regional Multiple Listing Service (CRMLS)

APN: 4107-017-012