NOT LISTED FOR SALE

Estimated Value: $801,000 - $940,918

6 Beds
5 Baths
2,800 Sq Ft
$308/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $620,000 $221 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,227/month

9 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • 1-Story Property

About This Home

As of August 2018

Great Investor opportunity! This property has 2 units on 1 lot. First unit could be the owners unit or rented. It is a large family unit that has 4 bedrooms and 2 1/2 bathrooms. Your are welcomed by a beautiful Wood and Glass Double door entry. This unit was built in 2008 and has been completely upgraded with a beautiful Kitchen that has dark wood cabinets with granite counter tops and backsplash. Stainless steel appliances with modern fixture’s. Front room is spacious with tile flooring , crown molding and modern recessed lighting. it is has tasteful neutral paint throughout. You have a formal dinning area adjacent to the frontroom. Master Suite has good closet space and Private Jacuzzi style tub and shower. All bedrooms are a good size and have wood laminate flooring.

2nd Unit is a 2 bedroom 2 bath apartment with cute kitchen are that is open to the front room living area. The apartment has tile throughout the entire living space. There is one master bedroom with a ensuite bathroom. Perfect rental for a small family.

There is plenty of parking for all of the tenants.

ALL OF THESE UNITS WILL BE READY FOR YOUR NEW TENANTS ON COE! Hurry and snag this great Turnkey opportunity as they a priced to sell!!!!

Last Agent to Sell the Property

Christian Flores

Re/Max Top Producers License #01749345 Listed on: 06/27/2018

Re/Max Top Producers

Last Buyer's Agent

Christian Flores

Re/Max Top Producers License #01749345 Listed on: 06/27/2018

Re/Max Top Producers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2008

Lot Details

  • 5,100 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,800 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Location

  • Property is near public transit
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 1372
  • Tax Tract Number 6097
  • Assessor Parcel Number 6029011021

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $1,200
  • Water Sewer Expense $2,300
  • Operating Expense $2,500
  • Gross Income $60,000
  • Net Operating Income $57,500

Property Details

Home Type

Multi-Family

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2300.00
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6029011021
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 221.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 5100.00

Rental Info

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

Multi Family

  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Net Operating Income: 57500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2500.00
  • Rent Control: Yes
  • Total Expenses: 2500.00

Tax Info

  • Tax Census Tract: 2398.01
  • Tax Lot: 1372
  • Tax Tract Number: 6097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2018
Closed on
Jul 10, 2018
Sold by
Rodriguez Jorge Guadalupe and Rodriguez Alfonso
Bought by
Rojas Javier and Landaverde Miguel Acosta
Seller's Agent
Christian Flores
Re/Max Top Producers
Buyer's Agent
Christian Flores
Re/Max Top Producers
List Price
$699,900
Sold Price
$620,000
Premium/Discount to List
-$79,900
-11.42%
Current Estimated Value
$862,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,230
Avg. Annual Appreciation
4.57%
Original Mortgage
$569,800
Outstanding Balance
$489,567
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$372,663

Purchase Details

Closed on
Mar 17, 2017
Sold by
Estrada Jorge R
Bought by
Rodriguez Jorge Guadalupe and Rodriguez Alfonso

Purchase Details

Closed on
Dec 18, 2002
Sold by
Hud
Bought by
Estrada Jorge R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,461
Interest Rate
5.96%

Purchase Details

Closed on
Jun 10, 2002
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Feb 4, 2002
Sold by
Guzman Filemon and Medina Sara
Bought by
Homeside Lending Inc
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
Rojas Javier $620,000 Old Republic Title Company
Rodriguez Jorge Guadalupe -- None Available
Estrada Jorge R $110,500 First Southwestern Title Co
Hud $134,467 First American Title Co
Homeside Lending Inc $134,467 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rojas Javier $569,800
Previous Owner Estrada Jorge R $99,461
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2018 08/15/18 Sold $620,000 -11.4% $221 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $699,900 -- $250 / 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 $8,509 $691,617 $446,205 $245,412
2024 $8,509 $678,056 $437,456 $240,600
2023 $8,348 $664,762 $428,879 $235,883
2022 $7,964 $651,728 $420,470 $231,258
2021 $7,861 $638,950 $412,226 $226,724
2020 $7,938 $632,400 $408,000 $224,400
2019 $7,629 $620,000 $400,000 $220,000
2018 $3,975 $311,538 $112,517 $199,021
2016 $3,699 $299,443 $108,149 $191,294
2015 $3,646 $294,946 $106,525 $188,421
2014 $3,668 $289,170 $104,439 $184,731
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18154201

California Regional Multiple Listing Service (CRMLS)

APN: 6029-011-021