NOT LISTED FOR SALE

Estimated Value: $770,000 - $911,000

6 Beds
3 Baths
2,256 Sq Ft
$365/Sq Ft Est. Value

Last Sold March 10, 2016

Last sale price $400,000 $177 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,987/month

9 Days on Market

About This Home

As of March 2016

3 units in good condition. All units are 2 bed 1 bath with great rents. This property is great for income. Call for more info.

Last Agent to Sell the Property

Rogelio Flores

Berkshire Hathaway Home Srvs License #01300127 Listed on: 01/11/2016

Berkshire Hathaway Home Srvs

Last Buyer's Agent

Joubin Manoochehri

JNM Realty, INC. License #01767258

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,014

Year Built

  • Built in 1923

Lot Details

  • 4,300 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,256 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 26
  • Tax Tract Number 5054
  • Assessor Parcel Number 6054009025

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Water Sewer Expense $1,500
  • Gross Income $3,089
  • Net Operating Income $32,668

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,014

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Parcel Number: 6054009025
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 177.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 4300.00
  • Price Per Lot Square Foot: 93.02
  • Lot Size Acres: 0.0990

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 752
  • Average2 Bed Area: 752
  • Average3 Bed Area: 752
  • Gross Income: 3089.00
  • Gross Scheduled Income: 37068.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 4300.0000 Square Feet
  • Net Operating Income: 32668.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 4400.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 26
  • Tax Tract Number: 5054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
Jan 22, 2016
Sold by
Dumas Larry and Dumas Doris
Bought by
Abrishami Farnaz
Seller's Agent
Rogelio Flores
Berkshire Hathaway Home Srvs
Buyer's Agent
Joubin Manoochehri
JNM Realty, INC.
List Price
$403,299
Sold Price
$400,000
Premium/Discount to List
-$3,299
-0.82%
Current Estimated Value
$823,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,340
Avg. Annual Appreciation
7.94%
Original Mortgage
$300,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2004
Sold by
Dumas Larry and Dumas Doris
Bought by
Dumas Larry and Dumas Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
5.92%
Mortgage Type
New Conventional
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
Abrishami Farnaz $400,000 Orange Coast Title Co Socal
Dumas Larry -- Act
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abrishami Farnaz $300,000
Previous Owner Dumas Larry $338,500
Previous Owner Dumas Larry $317,000
Previous Owner Dumas Larry $227,500
Previous Owner Dumas Larry $99,470
Previous Owner Dumas Larry $97,779
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2016 03/10/16 Sold $400,000 -0.8% $177 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $403,299 -- $179 / 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 $6,014 $473,511 $378,812 $94,699
2024 $6,014 $464,228 $371,385 $92,843
2023 $5,907 $455,126 $364,103 $91,023
2022 $5,648 $446,203 $356,964 $89,239
2021 $5,568 $437,455 $349,965 $87,490
2020 $5,620 $432,970 $346,377 $86,593
2019 $5,409 $424,482 $339,586 $84,896
2018 $5,316 $416,160 $332,928 $83,232
2016 $3,394 $259,127 $117,386 $141,741
2015 $3,348 $255,235 $115,623 $139,612
2014 $3,379 $250,237 $113,359 $136,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16006479

California Regional Multiple Listing Service (CRMLS)

APN: 6054-009-025