NOT LISTED FOR SALE

Estimated Value: $6,048,861

4 Beds
5 Baths
27,025 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $5,800,000 $215 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $37,295/month

7 Days on Market

Highlights

  • 0.95 Acre Lot
  • Park
  • Central Heating and Cooling System
  • Corner Lot
  • Laundry Room
  • 1-minute walk to Mercado Park

About This Home

As of July 2022

New construction 23 unit building. 15 apartment units over 8 retail spaces. (4) units are 2+2 (11) units are 2+2.5 and loft. Amenities include balconies, dishwashers, microwaves, disposals, granite countertops, central A/C and heating. This is an up and coming area with new construction around. There a nice park across the street.

Last Agent to Sell the Property

Ken Ishiki

Lyon Stahl Investment Real Estate License #01438720 Listed on: 04/18/2022

Lyon Stahl Investment Real Estate

Last Buyer's Agent

Ken Ishiki

Lyon Stahl Investment Real Estate License #01438720 Listed on: 04/18/2022

Lyon Stahl Investment Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2021

Lot Details

  • 0.95 Acre Lot
  • No Common Walls
  • Corner Lot

Home Design

  • 27,025 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 4 / 15
  • Assessor Parcel Number 313273010
  • $61 per year additional tax assessments

Community Details

Overview

  • 23 Units

Recreation

  • Park

Building Details

  • 23 Separate Electric Meters
  • 18 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $1,780
  • Insurance Expense $9,240
  • Trash Expense $7,543
  • Water Sewer Expense $12,030
  • Operating Expense $125,362
  • Gross Income $410,019
  • Net Operating Income $284,657

Property Details

Home Type

Multi-Family

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 12030.00
  • Property Type: Residential Income
  • Parcel Number: 313273010
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 214.62

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 7543.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 41382.00
  • Lot Size Acres: 0.9500

Multi Family

  • Electric Expense: 1780.00
  • Gross Income: 410019.00
  • Gross Operating Income: 410019.00
  • Gross Scheduled Income: 422700.00
  • Insurance Expense: 9240.00
  • Lot Size Area: 41382.0000 Square Feet
  • Net Operating Income: 284657.00
  • Number Of Separate Electric Meters: 23
  • Number Of Separate Gas Meters: 18
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 23
  • Operating Expense: 125362.00
  • Rent Control: No
  • Total Expenses: 125362.00

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 428.00
  • Tax Lot: 4
  • TaxOtherAnnualAssessmentAmount: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2025
Sold by
Hebish Shahid Living Trust and Hebish Nady Z
Bought by
New Century Property 9 Llc
Current Estimated Value
$6,048,861

Purchase Details

Closed on
Jan 10, 2020
Sold by
Ajyal Inc
Bought by
Sa Golden Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 2015
Sold by
Dib Talat A and Dib Enaya T
Bought by
Ajyal Inc
Source: Public Records

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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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
New Century Property 9 Llc -- None Listed On Document
Sa Golden Investments Inc $1,650,000 First American Title Company
Ajyal Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sa Golden Investments Inc $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $5,800,000 -7.9% $215 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $6,300,000 -- $233 / 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 $67,238 $6,034,320 $1,404,540 $4,629,780
2023 $67,238 $5,800,000 $1,350,000 $4,450,000
2022 $62,428 $5,352,035 $1,313,973 $4,038,062
2021 $53,048 $4,547,094 $1,288,209 $3,258,885
2020 $5,054 $428,391 $58,391 $370,000
2019 $695 $57,247 $57,247 $0
2018 $664 $56,125 $56,125 $0
2017 $656 $55,025 $55,025 $0
2016 $643 $53,947 $53,947 $0
2015 $631 $53,138 $53,138 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22077841

California Regional Multiple Listing Service (CRMLS)

APN: 313-273-010