$310,000
SOLD AUG 17, 2015
4 Beds
2 Baths
1,936 Sq Ft
5,099 Sq Ft Lot

Recently Sold

$160 Per Sq Ft

15% Above List Price

6 Days on Market

About This Home

As of July 2016

Duplex with great potential! This property features 2 units, 4 bedrooms and 2 bathrooms total, gated front yard, detached garage with alley access, near schools and shopping centers. Buyers are to verify entire condition and all information on this property on their own and must satisfy themselves as to all aspects of this property. Information deemed reliable but not guaranteed.

Last Agent to Sell the Property

Ray Duran

L.A. R.E. NETWORK ERA License #00997237 Listed on: 06/23/2015

L.A. R.E. NETWORK ERA

Last Buyer's Agent

Sergio Martinez

EXCELLENCE RE REAL ESTATE License #00493155

EXCELLENCE RE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,028

Year Built

  • Built in 1923

Lot Details

  • 5,099 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall

Parking

  • 1 Car Garage

Home Design

  • 1,936 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tax Lot 812
  • Assessor Parcel Number 6023027012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,028

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Property Type: Residential Income
  • Parcel Number: 6023027012
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 160.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 5099.00
  • Price Per Lot Square Foot: 60.80
  • Lot Size Acres: 0.1170

Multi Family

  • Lot Size Area: 5099.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 812
  • Tax Tract Number: 6O97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
May 17, 2016
Sold by
Blob Llc
Bought by
Marin Albert and Marin Ricardo Cesena
Seller's Agent
Bobby Lalehzari
JohnHart Corp.
Buyer's Agent
Danny De La Torre
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%
Current Estimated Value
$794,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,932
Avg. Annual Appreciation
5.80%
Original Mortgage
$392,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2015
Sold by
Lalehzari Behzad
Bought by
Blob Llc

Purchase Details

Listed on
Jun 23, 2015
Closed on
Jul 29, 2015
Sold by
Fannie Mae
Bought by
Lalehzari Behzad and Lalehzari Farideh
Seller's Agent
Ray Duran
L.A. R.E. NETWORK ERA
Buyer's Agent
Sergio Martinez
EXCELLENCE RE REAL ESTATE
List Price
$270,000
Sold Price
$310,000
Premium/Discount to List
$40,000
14.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%

Purchase Details

Closed on
Sep 23, 2014
Sold by
Slaughter Junious
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Jul 13, 2004
Sold by
Slaughter Willie Mae
Bought by
Slaughter Junious

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Grant Deed $490,000 Fidelity National Title
Quit Claim Deed -- None Available
Grant Deed $310,000 Wfg Title Company Of Ca
Trustee Deed $354,282 None Available
Interfamily Deed Transfer -- Fidelity National Title Co L
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $376,000 New Conventional
Previous Owner $392,000 New Conventional
Previous Owner $544,185 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $180,000 Balloon
Previous Owner $140,000 Credit Line Revolving
Previous Owner $106,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2016 07/12/16 Sold $490,000 +3.2% $253 / Sq Ft
04/27/2016 04/27/16 For Sale $475,000 +53.2% $245 / Sq Ft
08/17/2015 08/17/15 Sold $310,000 +14.8% $160 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $270,000 -- $139 / 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 $7,028 $568,680 $394,595 $174,085
2024 $7,028 $557,530 $386,858 $170,672
2023 $6,895 $546,599 $379,273 $167,326
2022 $6,579 $535,883 $371,837 $164,046
2021 $6,493 $525,377 $364,547 $160,830
2019 $6,301 $509,796 $353,736 $156,060
2018 $6,217 $499,800 $346,800 $153,000
2016 $3,901 $310,000 $160,000 $150,000
2015 $4,450 $356,000 $180,000 $176,000
2014 $937 $65,676 $21,292 $44,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB15137478

California Regional Multiple Listing Service (CRMLS)

APN: 6023-027-012