NOT LISTED FOR SALE

Estimated Value: $1,333,000 - $2,210,000

8 Beds
5 Baths
3,492 Sq Ft
$496/Sq Ft Est. Value

Last Sold February 12, 2013

Last sale price $800,000 $229 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $10,456/month

100 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace

About This Home

As of February 2013

MOTIVATED SELLER - PRICE REDUCTION - Here's the 4-plex you've been looking for. There is a 2-bed, 1-bath single unit in front and a 2-story, 3-unit builiding in the rear. The front unit has a private front & side yard, as well as a large covered porch, which is perfect for that morning cup of coffee or that needed rest after a long day. The rear unit has (2) 1-bed, 1-bath units upstairs and a large 4-bed, 2 bath unit downstairs. It is located within walking distance to most vibrant activites on Sunset Blvd and is close to public transportation. MOTIVATED SELLER WILL CONSIDER ALL SERIOUS OFFERS.

Last Agent to Sell the Property

ROBERT CASH

BAYPOINTE MANAGEMENT, INC. License #01192232 Listed on: 12/17/2012

Last Buyer's Agent

Carol Sheridan

Carol Sheridan, Broker License #01143936

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,147

Year Built

  • Built in 1921

Lot Details

  • 7,305

Home Design

  • 3,492 Sq Ft Home
  • Split Level Home
  • Frame Construction
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Unassigned Parking

Additional Features

  • Laundry Room
  • 7,305 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 1958
  • Assessor Parcel Number 5402011022

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Trash Expense $1,200
  • Water Sewer Expense $1,800
  • New Taxes Expense $9,471
  • Gross Income $6,430
  • Net Operating Income $62,949

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,147

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Assessments: Yes
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 5402011022
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Multi/Split
  • Price Per Square Foot: 229.10

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 1200.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7305.00
  • Lot Size Acres: 0.1680

Multi Family

  • Gross Income: 6430.00
  • Gross Scheduled Income: 78420.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 7305.0000 Square Feet
  • Net Operating Income: 62949.00
  • 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: 15471.00
  • Rent Control: Yes
  • Total Actual Rent: 6430.00

Tax Info

  • New Taxes Expense: 9471.00
  • Tax Lot: 7
  • Tax Tract Number: 1958
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2012
Closed on
Feb 1, 2013
Sold by
Khoury Jean Claude
Bought by
Sheridan Carol
Seller's Agent
ROBERT CASH
BAYPOINTE MANAGEMENT, INC.
Buyer's Agent
Carol Sheridan
Carol Sheridan, Broker
List Price
$849,900
Sold Price
$800,000
Premium/Discount to List
-$49,900
-5.87%
Current Estimated Value
$1,733,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$933,159
Avg. Annual Appreciation
6.36%
Original Mortgage
$600,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2012
Closed on
Jan 15, 2013
Sold by
Hardin Jil and Olsen Reinert K
Bought by
Sheridan Carol P
Seller's Agent
ROBERT CASH
BAYPOINTE MANAGEMENT, INC.
Buyer's Agent
Carol Sheridan
Carol Sheridan, Broker
List Price
$849,900
Sold Price
$800,000
Premium/Discount to List
-$49,900
-5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2007
Sold by
Deleon Alexander D and De Leon Juan Antonio Diaz
Bought by
Hardin Jil and Olsen Reinert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 9, 1999
Sold by
Diaz De Leon Juan A and Diaz De Leon Alicia
Bought by
Deleon Alexander D and Deleon Juan Antonio Diaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
4.35%
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
Sheridan Carol -- First American Title Company
Sheridan Carol P $800,000 First American Title Company
Hardin Jil $714,000 Southland Title
Deleon Alexander D -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheridan Carol P $506,300
Closed Sheridan Carol P $600,000
Previous Owner Hardin Jil $142,800
Previous Owner Hardin Jil $499,800
Previous Owner Deleon Alexander D $100,000
Previous Owner Deleon Alexander D $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2013 02/12/13 Sold $800,000 -5.9% $229 / Sq Ft
01/13/2013 01/13/13 Pending -- -- --
10/05/2012 10/05/12 For Sale $849,900 -- $243 / 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 $12,147 $985,129 $689,594 $295,535
2024 $12,147 $965,814 $676,073 $289,741
2023 $11,917 $946,877 $662,817 $284,060
2022 $11,372 $928,312 $649,821 $278,491
2021 $11,222 $910,111 $637,080 $273,031
2020 $11,332 $900,780 $630,548 $270,232
2019 $10,892 $883,119 $618,185 $264,934
2018 $10,796 $865,804 $606,064 $259,740
2016 $10,303 $832,186 $582,531 $249,655
2015 $10,156 $819,686 $573,781 $245,905
2014 $10,209 $803,631 $562,542 $241,089
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12125516

California Regional Multiple Listing Service (CRMLS)

APN: 5402-011-022