NOT LISTED FOR SALE

Estimated Value: $1,090,000 - $1,139,117

8 Beds
6 Baths
3,124 Sq Ft
$357/Sq Ft Est. Value

Last Sold November 20, 2024

Last sale price $1,100,000 $352 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,007/month

18 Days on Market

Highlights

  • Laundry Room
  • 4 Car Garage
  • Level Lot
  • Central Heating and Cooling System
  • Wrought Iron Fence
  • 1-Story Property

About This Home

As of November 2024

Great newer construction duplex built in 2016. Each unit is approximately 1560 sf with 4 bedrooms and 3 baths and 2 car garages. Property comes with central air & heat, interior laundry, upgraded kitchen cabinets and countertops. Separate gas and electric meters. Tenants pay all utilities except Water/Sewer. Great location near shopping, transportation, airports, sporting events and freeways.

Last Agent to Sell the Property

Steve Patton

HCM Real Estate Brokerage Phone: 949-351-9750 License #01263345 Listed on: 09/28/2024

Co-Listed By

Lenny Spangler

HCM Real Estate Brokerage Phone: 949-351-9750 License #01209777

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,411

Year Built

  • Built in 2016

Lot Details

  • 5,102 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Level Lot

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Duplex

Interior Spaces

  • 3,124 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 1477
  • Tax Tract Number 6
  • Assessor Parcel Number 6029006021

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,428
  • Maintenance Expense $8,532
  • Trash Expense $4,710
  • Water Sewer Expense $4,710
  • New Taxes Expense $9,232
  • Operating Expense $28,607
  • Gross Income $103,680
  • Net Operating Income $75,073

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,411

Year Built

Built in 2016

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 6.40
  • Inclusions: Appliances
  • Price Per Unit: 587500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 4710.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6029006021
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 352.11

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 4710.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5102.00
  • Lot Size Acres: 0.1171

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 103680.00
  • Gross Scheduled Income: 103680.00
  • Insurance Expense: 1428.00
  • Lot Size Area: 5102.0000 Square Feet
  • Maintenance Expense: 8532.00
  • Net Operating Income: 75073.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 28607.00
  • Rent Control: No
  • Total Expenses: 28607.00

Tax Info

  • New Taxes Expense: 9232.00
  • Tax Census Tract: 2398.01
  • Tax Lot: 1477
  • Tax Tract Number: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2024
Closed on
Nov 12, 2024
Sold by
Pott Alan M and Pott Barbara M
Bought by
Choi Kyu Whan and Choi Irene
Seller's Agent
Steve Patton
HCM Real Estate
List Price
$1,175,000
Sold Price
$1,100,000
Premium/Discount to List
-$75,000
-6.38%
Views
3
Current Estimated Value
$1,124,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,548
Avg. Annual Appreciation
1.94%
Original Mortgage
$825,000
Outstanding Balance
$820,305
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$293,974

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jul 1, 2016
Sold by
Lajoma Corporation
Bought by
Pott Alan M and Pott Barbara M
Seller's Agent
Joe Vivanco
Keller Williams SELA
Buyer's Agent
Steve Patton
HCM Real Estate
List Price
$649,000
Sold Price
$659,000
Premium/Discount to List
$10,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$527,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 18, 2015
Closed on
Sep 4, 2015
Sold by
Smith Nadine
Bought by
Lajoma Corporation
Seller's Agent
Kevin Smith
KANMCO
Buyer's Agent
Kevin Smith
KANMCO
List Price
$235,000
Sold Price
$240,000
Premium/Discount to List
$5,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
203.43%

Purchase Details

Closed on
Sep 14, 2006
Sold by
Gosey Naboth
Bought by
Gosey Naboth and Naboth Gosey Revocable Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Choi Kyu Whan $1,100,000 Lawyers Title Company
Pott Alan M $659,000 Wfg
Lajoma Corporation $240,000 Fidelity National Title Co
Gosey Naboth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Kyu Whan $825,000
Previous Owner Pott Alan M $527,000
Previous Owner Lajoma Corporation $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Off Market $3,995 -- --
01/21/2025 01/21/25 For Rent $3,995 0.0% --
01/08/2025 01/08/25 For Rent $3,995 0.0% --
01/08/2025 01/08/25 Price Changed $3,995 -7.5% $3 / Sq Ft
12/10/2024 12/10/24 Off Market $4,320 -- --
11/20/2024 11/20/24 Sold $1,100,000 0.0% $352 / Sq Ft
11/05/2024 11/05/24 For Rent $4,320 0.0% --
10/22/2024 10/22/24 For Sale $1,175,000 0.0% $376 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
09/28/2024 09/28/24 For Sale $1,175,000 +78.3% $376 / Sq Ft
08/12/2016 08/12/16 Sold $659,000 +1.5% $206 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $649,000 +170.4% $203 / Sq Ft
09/16/2015 09/16/15 Sold $240,000 +2.1% $244 / Sq Ft
08/22/2015 08/22/15 Pending -- -- --
08/18/2015 08/18/15 For Sale $235,000 -- $239 / 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
2024 $9,411 $749,823 $446,026 $303,797
2023 $9,232 $735,122 $437,281 $297,841
2022 $8,807 $720,708 $428,707 $292,001
2021 $8,687 $706,577 $420,301 $286,276
2019 $8,430 $685,622 $407,836 $277,786
2018 $8,347 $672,180 $399,840 $272,340
2016 $3,017 $240,000 $188,400 $51,600
2015 $477 $26,873 $12,621 $14,252
2014 $488 $26,347 $12,374 $13,973
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24195360

California Regional Multiple Listing Service (CRMLS)

APN: 6029-006-021