NOT LISTED FOR SALE

Estimated Value: $995,978 - $1,471,000

1 Bed
2 Baths
4,392 Sq Ft
$269/Sq Ft Est. Value

Last Sold July 17, 2013

Last sale price $472,000 $107 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $6,887/month

5 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • Front Yard

About This Home

As of July 2013

BOM!! BEAUTIFUL SPANISH STYLE 4PLEX, VERY WLL MAINTAINED, EXCELLENT TENANTS, NEW COOPER PLUMBING BEAUTIFUL TREE LINE STREET, WALKING DISTANCE TO USC.

Last Agent to Sell the Property

Martha Phoenix

Century 21 Allstars License #01493345 Listed on: 06/22/2013

Century 21 Allstars

Last Buyer's Agent

William George

George Realty License #00953021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,434

Year Built

  • Built in 1918

Lot Details

  • 5,973 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 4,392 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 827
  • Tax Tract Number 829
  • Assessor Parcel Number 5019002012

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,829
  • Water Sewer Expense $300
  • Gross Income $2,300
  • Net Operating Income $25,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,434

Year Built

Built in 1918

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 300.00
  • Property Type: Residential Income
  • Parcel Number: 5019002012
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 107.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5973.00
  • Lot Size Acres: 0.1370

Multi Family

  • Gross Income: 2300.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 1829.00
  • Lot Size Area: 5973.0000 Square Feet
  • Net Operating Income: 25800.00
  • 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: 1800.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 827
  • Tax Tract Number: 829
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2013
Closed on
May 9, 2013
Sold by
Olivares Carmea
Bought by
George William A
Seller's Agent
Martha Phoenix
Century 21 Allstars
Buyer's Agent
William George
George Realty
List Price
$470,000
Sold Price
$472,000
Premium/Discount to List
$2,000
0.43%
Current Estimated Value
$1,144,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$672,506
Avg. Annual Appreciation
7.82%

Purchase Details

Closed on
Oct 22, 2004
Sold by
Olivares Carmen
Bought by
Olivares Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,500
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1996
Sold by
Olivares Elsa
Bought by
Olivares Vicente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,682
Interest Rate
7.74%
Mortgage Type
FHA
Source: Public Records

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
George William A $472,000 None Available
Olivares Carmen -- Ticor Title Co
Olivares Vicente -- Orange Coast Title
Olivares Jose Luis -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George William A $493,000
Closed George William A $336,000
Previous Owner Olivares Carmen $380,000
Previous Owner Olivares Carmen $300,000
Previous Owner Olivares Carmen $222,500
Previous Owner Olivares Jose Luis $228,682
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2013 07/17/13 Sold $472,000 +0.4% $107 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
06/22/2013 06/22/13 For Sale $470,000 -0.4% $107 / Sq Ft
06/09/2013 06/09/13 Sold $472,000 +0.4% $107 / Sq Ft
05/09/2013 05/09/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $470,000 -- $107 / 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 $7,434 $578,594 $346,913 $231,681
2024 $7,434 $567,250 $340,111 $227,139
2023 $7,302 $556,129 $333,443 $222,686
2022 $6,983 $545,225 $326,905 $218,320
2021 $6,874 $534,536 $320,496 $214,040
2019 $6,678 $518,684 $310,991 $207,693
2018 $6,545 $508,515 $304,894 $203,621
2016 $6,223 $488,770 $293,055 $195,715
2015 $6,136 $481,430 $288,654 $192,776
2014 $6,182 $472,000 $283,000 $189,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13120182

California Regional Multiple Listing Service (CRMLS)

APN: 5019-002-012