NOT LISTED FOR SALE

Estimated Value: $766,000 - $926,482

3 Beds
6 Baths
2,200 Sq Ft
$382/Sq Ft Est. Value

Sale Details

Date Sold: February 25, 2018

Last sale price $699,000 $318 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,106 / mo

4 Days on Market

About This Home

As of February 2018

6 unit building all rented and near or market rents. Property wont last. Priced at a 11 TIMES GRM. Property in kept up and seller has just finished all minor repairs required by the City housing unit. Property show 4 units on title, but buyer to verify. Seller purchased as 6 units and has always rented them as 6 units.

Last Agent to Sell the Property

Hernan Hernandez

Laura Mai, Broker License #01161183 Listed on: 01/18/2018

Last Buyer's Agent

Carlos Estrada

Liberty Investment Group License #01413560

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 5,742 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,200 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 6 Bathrooms

Additional Features

  • Exterior Lighting
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 19
  • Assessor Parcel Number 6040007019

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $170
  • Water Sewer Expense $5,777
  • New Taxes Expense $8,738
  • Gross Income $57,316
  • Net Operating Income $42,637

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

5,742 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 5777.00
  • Zoning: LAC2
  • Property Type: Residential Income
  • Parcel Number: 6040007019
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 317.73

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Natural Gas Connected
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5742.00

Multi Family

  • Gross Income: 57316.00
  • Gross Scheduled Income: 57316.00
  • Insurance Expense: 169.51
  • Net Operating Income: 42637.38
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 14678.60
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 8737.50
  • Tax Census Tract: 2397.02
  • Tax Lot: 33
  • Tax Tract Number: 19

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
Jan 18, 2018
Closed on
Feb 5, 2018
Sold by
Gallardo Martin
Bought by
Seller's Agent
Hernan Hernandez
Laura Mai, Broker
Buyer's Agent
Carlos Estrada
Liberty Investment Group
List Price
$699,000
Sold Price
$699,000
Current Estimated Value
$786,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,831
Avg. Annual Appreciation
2.17%

Purchase Details

Listed on
Mar 1, 2013
Closed on
Nov 15, 2013
Sold by
Almaiel Evelinda
Bought by
Gallardo Martin
Seller's Agent
James Mann
Coldwell Banker Platinum Prop.
Buyer's Agent
Winston Mercurius
Pacific Baruna Corp
List Price
$450,000
Sold Price
$380,000
Premium/Discount to List
-$70,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.34%
Original Mortgage
$273,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 1, 2013
Closed on
Nov 13, 2013
Sold by
Gallardo Nadezda Kabrera
Bought by
Gallardo Martin
Seller's Agent
James Mann
Coldwell Banker Platinum Prop.
Buyer's Agent
Winston Mercurius
Pacific Baruna Corp
List Price
$450,000
Sold Price
$380,000
Premium/Discount to List
-$70,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2010
Sold by
Jastel Inc
Bought by
Almalel Evelinda and Almalel Ruben

Purchase Details

Closed on
Jun 5, 2009
Sold by
Shahco Inc
Bought by
Jastel Inc

Purchase Details

Closed on
Apr 29, 2009
Sold by
Us Bank National Association
Bought by
Shahco Inc

Purchase Details

Closed on
Oct 18, 2007
Sold by
Cruz Carlos D
Bought by
Us Bank Na and Structured Asset Investment Loan Trust 2

Purchase Details

Closed on
Dec 29, 2005
Sold by
Cruz Carlos D
Bought by
Cruz Carlos D and Cruz Karla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
7.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2005
Sold by
Cruz Carlos D
Bought by
Cruz Carlos D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,350
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2003
Sold by
Cruz Karla M
Bought by
Cruz Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,800
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2003
Sold by
Hud
Bought by
Cruz Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,800
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2002
Sold by
Washington Mutual Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Aug 25, 2001
Sold by
Olivares Roy Ivan
Bought by
Washington Mutual Home Loans Inc

Purchase Details

Closed on
Dec 15, 1998
Sold by
Olivares Roy I
Bought by
Martinez Marco and Santos Andy

Purchase Details

Closed on
Oct 14, 1998
Sold by
First Team Development Co Inc
Bought by
Olivares Roy Ivan and Parra Jessica Vernice

Purchase Details

Closed on
Sep 15, 1998
Sold by
Deloje Andre
Bought by
Wilson Margaret Elizabeth

Purchase Details

Closed on
Aug 14, 1998
Sold by
Prosperity Group Llc
Bought by
First Team Development Co Inc

Purchase Details

Closed on
Apr 26, 1996
Sold by
Wilson Margaret Elizabeth
Bought by
Prosperity Group Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Florence, CA

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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
$640,000 First American Title Company
Gallardo Martin $380,000 Lawyers Title Company
Gallardo Martin -- Lawyers Title Company
Almalel Evelinda $235,000 Provident Title Company
Jastel Inc -- None Available
Shahco Inc $165,000 Lawyers Title Company
Us Bank Na $445,134 Accommodation
Cruz Carlos D -- First Southwestern Title Ca
Cruz Carlos D -- Alliance Title Company
Cruz Carlos -- First American Title Co
Cruz Carlos $221,000 First American Title Co
Hud $174,214 --
Washington Mutual Home Loans Inc $174,214 --
Martinez Marco -- --
Olivares Roy Ivan $152,000 First Southwestern Title Co
Wilson Margaret Elizabeth -- First Southwestern Title Co
First Team Development Co Inc -- First Southwestern Title Co
Prosperity Group Llc $25,000 --
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 $1,399,500
Closed Sola Impact Fund Ii Lp $576,000
Previous Owner Gallardo Martin $273,000
Previous Owner Gallardo Martin $273,000
Previous Owner Cruz Carlos D $414,000
Previous Owner Cruz Carlos D $332,350
Previous Owner Cruz Carlos $264,350
Previous Owner Cruz Carlos $176,800
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 Prior Sale
02/25/2018 02/25/18 Sold $699,000 0.0% $318 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $699,000 +83.9% $318 / Sq Ft
11/21/2013 11/21/13 Sold $380,000 -15.6% $206 / Sq Ft View Prior Sale
11/08/2013 11/08/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $450,000 -- $244 / Sq Ft
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 $9,176 $742,769 $394,596 $348,173
2025 $9,176 $728,206 $386,859 $341,347
2024 $9,050 $713,928 $379,274 $334,654
2023 $8,880 $699,931 $371,838 $328,093
2022 $8,477 $686,208 $364,548 $321,660
2021 $8,371 $672,753 $357,400 $315,353
2019 $8,127 $652,800 $346,800 $306,000
2018 $5,262 $409,396 $215,472 $193,924
2016 $5,024 $393,501 $207,106 $186,395
2015 $4,955 $387,592 $203,996 $183,596
2014 $4,995 $380,000 $200,000 $180,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18013485

California Regional Multiple Listing Service (CRMLS)

APN: 6040-007-019

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