NOT LISTED FOR SALE

Estimated Value: $750,000 - $1,193,000

8 Beds
5 Baths
3,632 Sq Ft
$280/Sq Ft Est. Value

Last Sold June 12, 2015

Last sale price $540,000 $149 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,067/month

21 Days on Market

Highlights

  • Gated Parking
  • Wood Frame Window
  • Accessible Parking
  • Contemporary Architecture
  • Laundry Room
  • Wrought Iron Fence

About This Home

As of June 2015

Buyers opportunity to rent and live in their property.
Very clean and well maintain 4 apartments building, fully rented with very stable tenants. One Unit will be vacant after close.
parking in rear up to 8 cars, and parking infront up to 2 more.
Please DO NOT DISTURB THE TENANTS.

Last Agent to Sell the Property

Eliazandy Salas

Rigby & Associates R.E. Svc. License #01379589 Listed on: 02/11/2015

Last Buyer's Agent

Nora Ochoa

Central Real Estate License #01228076

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,160

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 5,176 Sq Ft Lot
  • Two or More Common Walls
  • South Facing Home
  • Wrought Iron Fence
  • Fence is in good condition
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • Parking Available
  • Driveway
  • Gated Parking
  • Uncovered Parking
  • Parking Lot

Home Design

  • Contemporary Architecture
  • Property Attached
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,632 Sq Ft Home
  • Wood Frame Window
  • Window Screens

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 5001
  • Tax Tract Number 20
  • Assessor Parcel Number 5001007020

Community Details

Overview

  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $900
  • Gardener Expense $300
  • Insurance Expense $1,500
  • Water Sewer Expense $1,800
  • New Taxes Expense $4,742
  • Gross Income $2,781
  • Net Operating Income $24,130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,160

Year Built

Built in 1962 | Remodeled

Lot Details

0

Parking

5

Listing Details

  • Ad Number: 323-481-1840
  • Other Phone Description: Luis L
  • Other Phone Number: 323-481-1840
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 300.00
  • Parcel Number: 5001007020
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Parking
  • Levels: Two
  • Window Features: Screens, Wood Frames

Exterior Features

  • Direction Faces: South
  • Foundation: FHA Approved, Raised
  • Fencing: Good Condition, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Gated, Parking Space, Uncovered
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5176.00
  • Price Per Lot Square Foot: 104.33
  • Lot Size Acres: 0.1190

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Electric Expense: 900.00
  • Gross Income: 2781.00
  • Gross Scheduled Income: 33372.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5176.0000 Square Feet
  • Net Operating Income: 24130.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 9242.00
  • Rent Control: Yes
  • Total Actual Rent: 2700.00

Tax Info

  • New Taxes Expense: 4742.00
  • Tax Lot: 5001
  • Tax Tract Number: 020
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2018
Sold by
Ceron
Bought by
Ceron
Current Estimated Value
$1,015,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.4%

Purchase Details

Listed on
Feb 11, 2015
Closed on
Apr 21, 2015
Sold by
Ayala Maria E
Bought by
Ceron Jose Emilio
Seller's Agent
Eliazandy Salas
Rigby & Associates R.E. Svc.
Buyer's Agent
Nora Ochoa
Central Real Estate
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$351,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2002
Sold by
Boatwright Bennie
Bought by
Ayala Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
6.15%

Purchase Details

Closed on
Jul 15, 1998
Sold by
Boatwright Bennie
Bought by
Boatwright Bennie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
7%

Purchase Details

Closed on
Sep 20, 1996
Sold by
Boykins Stephen
Bought by
Boatwright Bennie

Purchase Details

Closed on
Dec 30, 1994
Sold by
World S & L Assn Fsla
Bought by
Boykins Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
9.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 10, 1994
Sold by
Soltero Gilberto and Soltero Ofelia
Bought by
World S & L Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
9.2%
Mortgage Type
Seller Take Back
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
Ceron -- --
Ceron Jose Emilio $540,000 Lawyers Title
Ayala Maria E $309,000 Southland Title
Boatwright Bennie -- United Title
Boatwright Bennie -- --
Boykins Stephen $196,000 --
World S & L Assn $213,822 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ceron --
Previous Owner Ceron Jose Emilio $351,000
Previous Owner Ayala Maria E $247,200
Previous Owner Boatwright Bennie $180,500
Previous Owner Boykins Stephen $176,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2015 06/12/15 Sold $540,000 -1.8% $149 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $550,000 -- $151 / 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 $8,160 $648,990 $444,680 $204,310
2024 $8,160 $636,265 $435,961 $200,304
2023 $8,012 $623,790 $427,413 $196,377
2022 $7,655 $611,560 $419,033 $192,527
2021 $7,543 $599,569 $410,817 $188,752
2019 $7,325 $581,787 $398,633 $183,154
2018 $7,223 $570,380 $390,817 $179,563
2016 $6,881 $548,234 $375,642 $172,592
2015 $4,702 $372,363 $186,783 $185,580
2014 $4,742 $365,070 $183,125 $181,945
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15029887

California Regional Multiple Listing Service (CRMLS)

APN: 5001-007-020