NOT LISTED FOR SALE

Estimated Value: $1,289,860 - $1,376,000

4 Beds
2 Baths
1,964 Sq Ft
$680/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $1,300,000 $662 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,465/month

9 Days on Market

Highlights

  • Room in yard for a pool
  • Traditional Architecture
  • Park or Greenbelt View
  • Castle Heights Elementary Rated A-
  • Wood Flooring
  • 5-minute walk to Reynier Park

About This Home

As of July 2024

9012-9014 Olin Street -- Welcome to this charming single-story duplex, located in the heart of Reynier Village, a perfect blend of comfort and convenience. Each unit features 2 bedrooms, 1 bathroom, a spacious living area, dining area galley style kitchens and ample storage. The front unit (9012) has been recently renovated with updated kitchen featuring stainless steel appliances, updated bathroom, and flooring. Completely private, gated entrance with shared grassy courtyard in front and oversized patio and rear yard nearest the detached garage. Situated in a quiet neighborhood close to schools, shopping, and public transport, this duplex offers an excellent opportunity for both owner/users and investors. Don't miss out on this unique property! Both units are tenant occupied. The property can only be shown to pre-qualified, lender-approved buyers with an accepted written offer. DRIVE BY ONLY. PLEASE DO NOT DISTURB TENANTS OR WALK ON PREMISES. Front (remodeled) unit is reflected in photographs.

Last Agent to Sell the Property

Rory Posin

Estate Properties License #01030819 Listed on: 06/05/2024

Co-Listed By

Kristian Bonk

Estate Properties License #01466159

Last Buyer's Agent

Simon Mashian

Christie's International Real Estate SoCal License #01776131

Christie's International Real Estate SoCal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,314

Year Built

  • Built in 1953

Lot Details

  • 6,008 Sq Ft Lot
  • Gated Home
  • Corner Lot
  • Front Yard Sprinklers

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,964 Sq Ft Home
  • 1-Story Property
  • Park or Greenbelt Views
  • Oven or Range

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Room in yard for a pool

Utilities

  • Heating System Mounted To A Wall or Window
  • Heating System Uses Propane
  • Sewer in Street

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 4301-004-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,314

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 1964
  • Lot Acreage: 0.1379
  • Probate: No
  • Stories: 1
  • Year Built: 1953
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Range: 2
  • Number Refrigerator: 2
  • Flooring: Laminate, Vinyl, Wood
  • Bedrooms: 4
  • Common Walls: Attached
  • Laundry: Inside, In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 2.00
  • Equipment: Refrigerator, Range/Oven, Hood Fan, Washer, Dryer
  • Price Per S Q F T: 659.37

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Structures: 1
  • Number Rented Garages: 1
  • Parking Garage: Detached, Garage
  • Total Parking: 1

Utilities

  • Heating: Wall, Propane Gas
  • Number Gas Meters: 2
  • Security: Gated
  • Sewer: In Street
  • Water: In Street

Lot Info

  • Sprinklers: Front, Sprinkler System
  • Assessed Improvement Percent: 58.48
  • Assessed Improvement Value: 91906
  • Assessed Land Percent: 41.52
  • Assessed Land Value: 65258
  • Total Assessed Value: 157164
  • Assessor Parcel Number: 4301-004-019
  • Lot Location: Corner Lot, Alley Access
  • Lot Size Area: 6008

Rental Info

  • Number Leased: 2
  • Total Actual Rent: 4672.26
  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 23.00
  • Number Of Units: 2
  • Total Annual Expense: 7386.00
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jul 8, 2024
Sold by
Robert Roy Mcrae Family Revocable Trust and Mackel Sherrie Mcrae
Bought by
Robert Roy Mcrae Family Survivors Trust and Mackel
Seller's Agent
Rory Posin
Estate Properties
Buyer's Agent
Simon Mashian
Christie's International Real Estate SoCal
List Price
$1,295,000
Sold Price
$1,300,000
Premium/Discount to List
$5,000
0.39%
Views
15
Current Estimated Value
$1,334,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,715
Avg. Annual Appreciation
1.08%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Robert Roy Mcrae Family Survivors Trust -- None Listed On Document
Kashani Family Trust $1,300,000 Ticor Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $1,300,000 +0.4% $662 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $1,295,000 -- $659 / Sq Ft
Source: The MLS

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 $2,314 $1,300,000 $520,000 $780,000
2024 $2,314 $160,307 $66,563 $93,744
2023 $2,279 $157,164 $65,258 $91,906
2022 $2,189 $154,083 $63,979 $90,104
2021 $2,150 $151,063 $62,725 $88,338
2019 $2,094 $146,584 $60,865 $85,719
2018 $1,972 $143,711 $59,672 $84,039
2016 $1,871 $138,132 $57,355 $80,777
2015 $1,846 $136,058 $56,494 $79,564
2014 $1,868 $133,394 $55,388 $78,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-397729

The MLS

APN: 4301-004-019