NOT LISTED FOR SALE

Estimated Value: $863,000 - $1,842,000

8 Beds
5 Baths
2,670 Sq Ft
$529/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $1,700,000 $637 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $8,523/month

30 Days on Market

Highlights

  • Modern Architecture
  • No HOA
  • Ductless Heating Or Cooling System
  • Quartz Countertops
  • Neighborhood Views
  • 4-minute walk to Harry M Dotson Park

About This Home

As of July 2024

Incredibly Rare 3-UNIT investment property nestled in the highly desirable neighborhood of Stanton. 3 Detached Single-Family Homes; 2 of which are fully remodeled in 2023 & 2024, and 1 Brand New ADU built in 2023.
Perfect investment opportunity with high rental income; total of $9,580 per month, for investors seeking maximum profit.
Unit 1 Fully Remodeled: Completed in May 2024 with permits, modern design elements and loaded with all-new upgrades. 3 beds/2 baths 1100SF, 2-car attached garage and driveway parking. Current Rent: $3,700/month.
Unit 2 Brand-New ADU: What sets this property apart is the addition of an ADU completed in November 2023; 3 beds/2 baths 1000 SF, 1-car attached garage and driveway parking. Current Rent: $3,490/month.
Unit 3 Fully Remodeled: Completed in November 2023 with permits, modern design elements and loaded with all-new upgrades. 2 bed/1 bath 570SF. Current Rent: $2,390/month.
All Units have permits; feature in-unit washer and dryer, A/C, modern cabinets, quartz countertops, high-quality appliances, wood flooring, recessed lighting, and much more upgrades. Total of 2 garages, providing added convenience for residents.
All tenants pay for their own utilities; with gas and electricity having individual meters, ensuring hassle-free maintenance and management.
Perfect 1031-exchange opportunity, investors, or a homeowners looking for additional rental income.

Last Agent to Sell the Property

Vinh Pham

NRI Group Brokerage Phone: 714-787-7993 License #02054997 Listed on: 05/30/2024

Co-Listed By

Nhi Phan

Real Broker Brokerage Phone: 714-787-7993 License #02178756

Last Buyer's Agent

James Bobbett

Reliance Real Estate Services License #01272441

Reliance Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2023 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • No Common Walls
  • On-Hand Building Permits

Parking

  • 3 Car Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Triplex
  • Modern Architecture
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 2,670 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Family Room with Fireplace
  • Vinyl Flooring
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Ductless Heating Or Cooling System
  • Central Heating and Cooling System
  • Water Heater
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 15
  • Tax Tract Number 591
  • Assessor Parcel Number 12628117
  • $1,500 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Maintenance Expense $3,449
  • New Taxes Expense $19,250
  • Operating Expense $25,099
  • Net Operating Income $87,562

Property Details

Home Type

Multi-Family

Year Built

Built in 2023 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 5.00
  • Property Attached: No
  • View: Yes
  • Architectural Style: Modern
  • Property Condition: Building Permit, Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 12628117
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Quartz Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 636.70
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood, Water Heater
  • Heating Type: Central, Ductless
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Sewer Assessments
  • Water Source: Public
  • Cooling: Central Air, Ductless
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11734.00
  • Lot Size Acres: 0.2694
  • Latitude Manual: 33.81502100

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 114960.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 11734.0000 Square Feet
  • Maintenance Expense: 3449.00
  • Net Operating Income: 87562.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 25099.00
  • Rent Control: No
  • Total Actual Rent: 9580.00
  • Total Expenses: 25099.00

Tax Info

  • New Taxes Expense: 19250.00
  • Tax Lot: 15
  • Tax Tract Number: 591
  • TaxOtherAnnualAssessmentAmount: 1500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 5, 2024
Sold by
Nri Portfolios Llc
Bought by
Nsa Management Llc
Seller's Agent
Vinh Pham
NRI Group
Buyer's Agent
James Bobbett
Reliance Real Estate Services
List Price
$1,750,000
Sold Price
$1,700,000
Premium/Discount to List
-$50,000
-2.86%
Views
16
Current Estimated Value
$1,413,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$286,889
Avg. Annual Appreciation
-11.82%

Purchase Details

Closed on
Nov 18, 2022
Sold by
Nri Portfolios Llc
Bought by
City Of Stanton

Purchase Details

Listed on
Oct 2, 2017
Closed on
Dec 26, 2017
Sold by
Keele Ronald C and Keele Vikki L
Bought by
Nakwon America Inc
Seller's Agent
Carol Kellison
Century 21 Affiliated
Buyer's Agent
Sam Kim
Special Asset Management
List Price
$775,000
Sold Price
$665,000
Premium/Discount to List
-$110,000
-14.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
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
Nsa Management Llc $1,700,000 Chicago Title
City Of Stanton -- --
Nakwon America Inc $675,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2024 07/12/24 Sold $1,700,000 -2.9% $637 / Sq Ft
05/30/2024 05/30/24 For Sale $1,750,000 +94.7% $655 / Sq Ft
12/17/2021 12/17/21 Sold $899,000 0.0% $468 / Sq Ft View Prior Sale
11/10/2021 11/10/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $899,000 +35.2% $468 / Sq Ft
01/01/2018 01/01/18 Sold $665,000 -14.2% $345 / Sq Ft View Prior Sale
12/15/2017 12/15/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $775,000 -- $402 / 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 $13,427 $1,700,000 $1,248,628 $451,372
2024 $13,427 $1,157,475 $879,146 $278,329
2023 $10,493 $916,980 $861,908 $55,072
2022 $10,398 $899,000 $845,007 $53,993
2021 $8,278 $699,033 $646,064 $52,969
2020 $8,231 $691,866 $639,440 $52,426
2019 $8,026 $678,300 $626,901 $51,399
2018 $1,227 $57,452 $29,211 $28,241
2017 $1,195 $56,326 $28,638 $27,688
2016 $1,187 $55,222 $28,076 $27,146
2015 $1,174 $54,393 $27,654 $26,739
2014 $1,134 $53,328 $27,112 $26,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24110028

California Regional Multiple Listing Service (CRMLS)

APN: 126-281-17