$1,355,000
SOLD OCT 27, 2022

8621 La Homa St Cypress, CA 90630

6 Beds
5 Baths
2,626 Sq Ft
7,860 Sq Ft Lot

Recently Sold

$516 Per Sq Ft

3% Below List Price

12 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Tile Flooring
  • Steve Luther Elementary School Rated A-

About This Home

As of October 2022

A must see! A rare opportunity to own a unique corner lot duplex located in a quiet residential neighborhood in the city of Cypress. The charming single story front house has four bedrooms and three baths along with a detached two car garage. It also has a large fenced front yard and a private courtyard in the back by the kitchen. The fourth bedroom/bath has a separate entry and is detached from the main house or can be considered a separate room/bath (only) rental. This room can be accessed through the courtyard by the kitchen of the main house. Located behind the front house is the second private unit recognized as 8621 1/2 La Homa, with an oversized master bedroom, a spacious secondary bedroom and two full baths. This large two bedroom unit has two single car garages and an exclusive gated yard off to the side with plenty of space to enjoy relaxing evenings outside. Both units are very well maintained with granite countertops, tile/laminate flooring throughout and have been tastefully updated. The main house has been recently painted. Both units have washer/dryer hookups that are located in the garage. Each of the units have a private feel since the entrance to the units are on different streets (one off La Homa Street and the second off of Sprague Ave). Additional parking in driveway and also street parking available if needed. Located within close proximity to schools, shopping and restaurants. This property has many wonderful features/potential and will not disappoint.

Last Agent to Sell the Property

Kathy Chou

Homequest Real Estate License #02082010 Listed on: 07/20/2022

Homequest Real Estate

Last Buyer's Agent

Kimberly Choi

T.N.G. Real Estate Consultants License #01238997

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,471

Year Built

  • Built in 1958

Lot Details

  • 7,860 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Duplex
  • Shingle Roof
  • Tile Roof

Interior Spaces

  • 2,626 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 7 / C
  • Tax Tract Number 479
  • Assessor Parcel Number 26244401

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,471

Year Built

Built in 1958

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Ad Number: 626-209-9852
  • Other Phone Number: 626-209-9852
  • Price Per Unit: 695000
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 26244401
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 515.99

Exterior Features

  • Pool Private: No
  • Roof: Shingle, Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7860.00
  • Lot Size Acres: 0.1804

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Lot Size Area: 7860.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: C
  • Tax Census Tract: 1101.10
  • Tax Lot: 7
  • Tax Tract Number: 479

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 28, 2022
Sold by
Ho James E
Bought by
Kim Sung Moon and Kim Rebecca Jeonghye
Seller's Agent
Kathy Chou
Homequest Real Estate
Buyer's Agent
Kimberly Choi
T.N.G. Real Estate Consultants
List Price
$1,390,000
Sold Price
$1,355,000
Premium/Discount to List
-$35,000
-2.52%
Views
14
Current Estimated Value
$1,385,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,624
Avg. Annual Appreciation
0.77%
Original Mortgage
$895,000
Outstanding Balance
$861,133
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$524,491

Purchase Details

Closed on
Jul 29, 2022
Sold by
Chang Ho Nancy
Bought by
Ho James E

Purchase Details

Closed on
Jul 26, 2022
Sold by
Kyu Rhee
Bought by
Ho Amy Y

Purchase Details

Closed on
Jul 18, 2022
Sold by
Ho Family Trust
Bought by
Ho James E

Purchase Details

Closed on
Dec 7, 2009
Sold by
The Ho Family Trust
Bought by
The Ho Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $1,355,000 Ticor Title
Deed -- None Listed On Document
Deed -- None Listed On Document
Gift Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $895,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Rented $3,150 0.0% --
01/09/2023 01/09/23 Price Changed $3,150 -11.3% $2 / Sq Ft
11/20/2022 11/20/22 Price Changed $3,550 -18.4% $3 / Sq Ft
11/02/2022 11/02/22 For Rent $4,350 0.0% --
10/27/2022 10/27/22 Sold $1,355,000 -2.5% $516 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $1,390,000 0.0% $529 / Sq Ft
06/02/2017 06/02/17 Rented $2,050 0.0% --
05/30/2017 05/30/17 Off Market $2,050 -- --
05/24/2017 05/24/17 For Rent $2,050 -14.6% --
01/18/2014 01/18/14 Rented $2,400 -5.9% --
12/19/2013 12/19/13 Under Contract -- -- --
11/06/2013 11/06/13 For Rent $2,550 -- --
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 $15,471 $1,409,742 $1,225,261 $184,481
2024 $15,471 $1,382,100 $1,201,236 $180,864
2023 $15,122 $1,355,000 $1,177,682 $177,318
2022 $5,100 $420,122 $250,709 $169,413
2021 $5,034 $411,885 $245,793 $166,092
2020 $5,013 $407,662 $243,273 $164,389
2019 $4,878 $399,669 $238,503 $161,166
2018 $4,813 $391,833 $233,827 $158,006
2017 $4,653 $384,150 $229,242 $154,908
2016 $4,614 $376,618 $224,747 $151,871
2015 $4,579 $370,961 $221,371 $149,590
2014 $4,343 $363,695 $217,035 $146,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22155528

California Regional Multiple Listing Service (CRMLS)

APN: 262-444-01