NOT LISTED FOR SALE
12 Beds
11 Baths
-- Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: June 30, 2012

Last sale price $820,000

8 Days on Market

About This Home

As of June 2012

THESE UNITS ARE ALL RENTED, AND IN VERY GOOD CONDITION. EACH UNIT HAS ONE CAR GARAGE AND LAUNDRY HOOK-UPS. CORNER LOT. EXCELLENT LOCATION. VERY CLOSE TO 91,15 AND 71 FREEWAYS. ALSO CLOSE TO SHOPS, SCHOOLS, PARKS AND MARKETS. EXCELLENT INCOME PROPERTY FOR INVESTORS.

Last Agent to Sell the Property

JOE MUNOZ

CORNERSTONE REALTY & ESTATES License #01251915 Listed on: 05/22/2012

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.29

Parking

  • 6 Car Garage

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 11 Bathrooms

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 417
  • Assessor Parcel Number 110030031

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Water Sewer Expense $6,000
  • New Taxes Expense $5,862
  • Gross Income $6,299
  • Net Operating Income $57,028

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0.29 Acres

Parking

6

Listing Details

  • Water Sewer Expenses: 6000.00
  • Property Type: Residential Income
  • Parcel Number: 110030031
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Multi Family

  • Gross Income: 6299.00
  • Gross Scheduled Income: 75594.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 57028.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 18926.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5862.00
  • Tax Lot: 1
  • Tax Tract Number: 417

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2012
Closed on
Jun 5, 2012
Sold by
Akmakjian Christina Heider
Bought by
Seller's Agent
JOE MUNOZ
CORNERSTONE REALTY & ESTATES
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$850,000
Sold Price
$820,000
Premium/Discount to List
-$30,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Outstanding Balance
$354,448
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 2009
Sold by
Speier Steven M
Bought by
Akmakjian Christina Heider and The Christina Heider Akmakjian Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 29, 2003
Sold by
Akmakjian Jack Hagop and Akmakjian Christina
Bought by
The Christina Heider Akmakjian Living Tr

Purchase Details

Closed on
May 28, 2002
Sold by
Taylor Sun P
Bought by
Hadier Mohammed Isaq and Haider Mary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,355
Interest Rate
6.52%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 8, 1999
Sold by
Lewis C Richard and Lewis Kathryn M
Bought by
Taylor Sun P

Purchase Details

Closed on
Nov 20, 1997
Sold by
Solorzano Ramon R and Solorzano Consuelo
Bought by
Lewis C Richard and Lewis Kathryn M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$820,000 Nations Title Company
Akmakjian Christina Heider $822,000 Chicago Title Company
The Christina Heider Akmakjian Living Tr -- --
Hadier Mohammed Isaq -- Stewart Title
Taylor Sun P $365,000 --
Lewis C Richard $250,000 Lawyers Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $533,000
Previous Owner Akmakjian Christina Heider $260,000
Previous Owner Hadier Mohammed Isaq $202,355
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2012 06/30/12 Sold $820,000 -3.5% --
05/30/2012 05/30/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $850,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,755 $1,050,548 $290,818 $759,730
2025 $11,372 $1,029,950 $285,116 $744,834
2023 $11,372 $989,958 $274,046 $715,912
2022 $11,011 $970,548 $268,673 $701,875
2021 $10,790 $951,518 $263,405 $688,113
2020 $10,673 $941,763 $260,705 $681,058
2019 $10,428 $923,298 $255,594 $667,704
2018 $10,193 $906,695 $250,583 $656,112
2017 $9,946 $888,947 $245,670 $643,277
2016 $9,850 $871,547 $240,853 $630,694
2015 $9,635 $858,480 $237,236 $621,244
2014 $9,285 $841,695 $232,590 $609,105
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12065125

California Regional Multiple Listing Service (CRMLS)

APN: 110-030-031

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