NOT LISTED FOR SALE

Estimated Value: $541,000 - $870,595

6 Beds
2 Baths
1,958 Sq Ft
$376/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $475,000 $243 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,386/month

105 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Traditional Architecture
  • Private Yard
  • City Lights View
  • Bonus Room
  • No HOA

About This Home

As of October 2021

Wow this is something to see. This duplex is ready to generate income to the max. Per title it sits as a 2 unit 2 bedroom 1 bathroom each but actually is a 3 bedroom 1 bathroom on the front unit and a 3 bedroom 1 bathroom in the back unit both with its own laundry area plus a den that has its one separate entrance. That's a total of 7 bedrooms and 3 bathrooms, wow. The units have skylights to allow natural light through the home and solar panels that are paid off to help on the electric bill. The den is in-between each unit that has its own restroom and kitchen/workshop which is a super plus. This property also has a incredible view of Los Angeles. Let the pictures speak for themselves. The property has an exceptional location not far from the beach, schools, shopping, freeways and so on. Keep in mind its tenant occupied so if you are looking to move in one unit and rent out the other look no further cause this is it. Make an appointment today before this property gets sold.

Last Agent to Sell the Property

Nick Jenkins

Faith Real Estate, Inc. License #01851941 Listed on: 04/02/2021

Last Buyer's Agent

Nick Jenkins

Faith Real Estate, Inc. License #01851941 Listed on: 04/02/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,292

Year Built

  • Built in 1924

Lot Details

  • 5,202 Sq Ft Lot
  • No Common Walls
  • Stone Wall
  • Wrought Iron Fence
  • Stucco Fence
  • Fence is in fair condition
  • Private Yard
  • Back and Front Yard

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage
  • 6 Carport Spaces

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,958 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Entryway
  • Family Room
  • Living Room
  • Den
  • Bonus Room
  • City Lights Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 45
  • Tax Tract Number 923
  • Assessor Parcel Number 6038021046

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $650
  • Trash Expense $360
  • Water Sewer Expense $400
  • New Taxes Expense $4,804
  • Operating Expense $6,214
  • Gross Income $2,500
  • Net Operating Income $2,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,292

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 400.00
  • Zoning: LARD3
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 6038021046
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One, Two
  • Price Per Square Foot: 242.59
  • Room Type: All Bedrooms Down, All Bedrooms Up, Bonus Room, Den, Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised, Slab
  • Other Structures: Storage, Workshop
  • View: City Lights
  • Fence: Yes
  • Fencing: Fair Condition, Stone, Stucco Wall, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Carport Spaces: 6.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Gas Oven, Gas Cooktop, Gas Water Heater, Range Hood, Refrigerator, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Garage, Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Yard
  • Lot Size Sq Ft: 5202.00
  • Lot Size Acres: 0.1194

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 2500.00
  • Gross Scheduled Income: 2500.00
  • Insurance Expense: 650.00
  • Lot Size Area: 5202.0000 Square Feet
  • Net Operating Income: 2450.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 50.00
  • Rent Control: Yes
  • Total Actual Rent: 2500.00
  • Total Expenses: 6214.00

Tax Info

  • New Taxes Expense: 4804.00
  • Tax Census Tract: 2403.00
  • Tax Lot: 45
  • Tax Tract Number: 923

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2016
Sold by
Leon Roberto and Leon Dominga C
Bought by
Capistrano Elizabeth Leon
Current Estimated Value
$736,399
Source: Public Records

Range of Values:

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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
Capistrano Elizabeth Leon -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $475,000 -28.0% $243 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $660,000 -- $337 / 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 $6,292 $504,073 $201,629 $302,444
2024 $6,292 $494,190 $197,676 $296,514
2023 $6,178 $484,500 $193,800 $290,700
2022 $5,901 $475,000 $190,000 $285,000
2021 $4,946 $391,352 $268,050 $123,302
2020 $4,993 $387,660 $265,302 $122,358
2019 $4,804 $380,066 $260,100 $119,966
2018 $4,695 $372,620 $255,000 $117,620
2016 $2,012 $157,891 $45,489 $112,402
2015 $1,984 $129,835 $44,806 $85,029
2014 $1,697 $127,293 $43,929 $83,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21067813

California Regional Multiple Listing Service (CRMLS)

APN: 6038-021-046