NOT LISTED FOR SALE

Estimated Value: $767,794 - $1,016,000

1 Bed
1 Bath
2,016 Sq Ft
$419/Sq Ft Est. Value

Last Sold March 20, 2019

Last sale price $490,000 $243 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,839/month

5 Days on Market

Highlights

  • In Ground Pool
  • Lawn
  • Laundry Room

About This Home

As of March 2019

Gated 4 unit complex that boasts a gorgeous Sparkling pool, Playground and BBQ area's all located on a 10,570 sqft all flat lot. On Assessor data shows 2,016 Sqft of structure interior living area. Each unit is 1 bedroom and 1 bathroom with approximately 500 sqft of living space, separate laundry room. All units are leased, good tenants, all paying on time, 2 tenants have been living there since 2014 . All information deemed reliable but not guaranteed, all buyer or their representative is to satisfy themselves as to all aspects of the property. Excellent opportunity for self-managed investors. Total current rental income: $3,493/month with potential increase to $4,000/month.

Last Agent to Sell the Property

Xiao Liu

GoGo Realtors R.H Corp. License #01820064 Listed on: 02/01/2019

Last Buyer's Agent

Dana McCausland

REALTY MASTERS & ASSOCIATES License #0782003

REALTY MASTERS & ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,033

Year Built

  • Built in 1974

Lot Details

  • 10,570 Sq Ft Lot
  • No Common Walls
  • Lawn

Parking

  • 1 Car Garage

Home Design

  • 2,016 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room

Pool

  • In Ground Pool
  • Fence Around Pool

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 2641
  • Assessor Parcel Number 233140014

Community Details

Overview

  • 4 Buildings
  • 4 Units

Recreation

  • Community Pool

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $789
  • Gardener Expense $1,200
  • Insurance Expense $712
  • Pest Control $480
  • Pool Expense $1,140
  • Professional Management Expense $1,704
  • Trash Expense $588
  • Water Sewer Expense $1,089
  • New Taxes Expense $5,611
  • Operating Expense $13,313
  • Gross Income $40,716
  • Net Operating Income $33,019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,033

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: 6263761881
  • Other Phone Number: 6263761881
  • Professional Management Expense: 1704.00
  • Property Attached: No
  • Water Sewer Expenses: 1089.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 233140014
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 243.06

Exterior Features

  • Pool Expense: 1140.00
  • Pool Features: Community, Fenced, In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Pest Control Expense: 480.00
  • Sewer: Public Sewer
  • Trash Expense: 588.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 10570.00
  • Lot Size Acres: 0.2427

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Electric Expense: 789.00
  • Gross Income: 40716.00
  • Gross Scheduled Income: 40716.00
  • Insurance Expense: 712.00
  • Lot Size Area: 10570.0000 Square Feet
  • Net Operating Income: 33019.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 7697.00
  • Rent Control: No
  • Total Expenses: 13313.00

Tax Info

  • New Taxes Expense: 5611.00
  • Tax Census Tract: 317.04
  • Tax Lot: 5
  • Tax Tract Number: 2641

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2019
Sold by
Stewart Curt
Bought by
Stewart Curt
Current Estimated Value
$795,741

Purchase Details

Listed on
Feb 1, 2019
Closed on
Mar 18, 2019
Sold by
Wang Xiuju
Bought by
Stewart Curt
Seller's Agent
Xiao Liu
GoGo Realtors R.H Corp.
Buyer's Agent
Dana McCausland
REALTY MASTERS & ASSOCIATES
List Price
$480,000
Sold Price
$490,000
Premium/Discount to List
$10,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%

Purchase Details

Closed on
Jun 29, 2015
Sold by
Wang Xiuju
Bought by
Wang Xiuju

Purchase Details

Listed on
Apr 9, 2014
Closed on
Apr 7, 2014
Sold by
Vlu Investments Llc
Bought by
Wang Xiuju
Seller's Agent
Tony Yueh
COMPLETE PROPERTY SERVICES
Buyer's Agent
Tony Yueh
COMPLETE PROPERTY SERVICES
List Price
$370,000
Sold Price
$360,000
Premium/Discount to List
-$10,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
Dec 23, 2013
Sold by
Lu Jim and Lu Vicky Huey
Bought by
Vlu Investments Llc

Purchase Details

Listed on
Oct 18, 2012
Closed on
Mar 18, 2013
Sold by
Schuur Pamela B
Bought by
Lu Jim and Lu Vicky Huey
Seller's Agent
Craig Marson
First Team Real Estate
Buyer's Agent
Craig Marson
First Team Real Estate
List Price
$249,000
Sold Price
$295,000
Premium/Discount to List
$46,000
18.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$220,000
Interest Rate
3.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2010
Sold by
Sanchez Rosalba
Bought by
Paldi James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2006
Sold by
Doraiswamy Mohan
Bought by
Sanchez Rosalba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,100
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2006
Sold by
Camacho Vicente Barajas
Bought by
Sanchez Rosalba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,100
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2004
Sold by
Barr Cary
Bought by
Doraiswamy Mohan and Padige Srinivas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 1996
Sold by
Federal National Mortgage Association
Bought by
Barr Cary and Barr Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,930
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 1996
Sold by
Cordova and Alma
Bought by
American Svgs Bank Fa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,930
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 1996
Sold by
American Svgs Bank Fa
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,930
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 1996
Sold by
Cordova Andres and Cordova Alma
Bought by
New Haven Corp
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 Buyer Sale Price Title Company
Stewart Curt -- None Available
Stewart Curt $490,000 Corinthian Title Company Inc
Wang Xiuju -- None Available
Wang Xiuju $360,000 Ticor Title Company Of Ca
Vlu Investments Llc -- None Available
Lu Jim $294,500 Western Resources Title Co
Paldi James $200,000 Provident Title Company
Sanchez Rosalba $553,000 Investors Title Company
Doraiswamy Mohan -- Investors Title Company
Sanchez Rosalba -- Investors Title Company
Doraiswamy Mohan $370,000 Lawyers Title Company
Doraiswamy Mohan -- Lawyers Title Company
Padige Srinivas -- Lawyers Title Company
Barr Cary $40,000 First American Title Ins Co
American Svgs Bank Fa $65,000 Orange Coast Title
Federal National Mortgage Association -- Orange Coast Title
New Haven Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lu Jim $220,000
Previous Owner Paldi James $150,000
Previous Owner Sanchez Rosalba $387,100
Previous Owner Doraiswamy Mohan $259,000
Previous Owner Barr Cary $27,930
Closed Doraiswamy Mohan $73,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2019 03/20/19 Sold $490,000 +2.1% $243 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $480,000 +33.3% $238 / Sq Ft
04/13/2014 04/13/14 Sold $360,000 -2.7% $179 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $370,000 +25.4% $184 / Sq Ft
02/21/2013 02/21/13 Sold $295,000 +18.5% $146 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
10/18/2012 10/18/12 For Sale $249,000 -- $124 / 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 $6,033 $546,597 $167,325 $379,272
2023 $6,033 $525,375 $160,829 $364,546
2022 $5,898 $515,075 $157,676 $357,399
2021 $5,818 $504,977 $154,585 $350,392
2020 $5,775 $499,800 $153,000 $346,800
2019 $4,611 $395,602 $87,909 $307,693
2018 $4,523 $387,846 $86,186 $301,660
2017 $4,445 $380,243 $84,497 $295,746
2016 $4,166 $372,789 $82,841 $289,948
2015 $4,106 $367,192 $81,598 $285,594
2014 -- $300,390 $54,060 $246,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19022071

California Regional Multiple Listing Service (CRMLS)

APN: 233-140-014