NOT LISTED FOR SALE

Estimated Value: $1,382,570 - $1,480,000

8 Beds
4 Baths
3,226 Sq Ft
$444/Sq Ft Est. Value

Last Sold October 09, 2014

Last sale price $745,000 $231 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $8,460/month

123 Days on Market

Highlights

  • Fireplace in Bathroom
  • Wood Flooring
  • Laundry Room
  • Woodrow Wilson High School Rated A
  • No HOA
  • 5-minute walk to Rose Park

About This Home

As of October 2014

All 4 units are Nice, Clean, and Remodel with hardwood floor. Solid and substantial rental building with four 2 bedroom 1 bath units (3,226 sqft), two double garages used like carports that can easily be converted back into garages with garage doors added, and a large (6,747 sqft) lot. Great for investors. The building currently has low rents.

Last Agent to Sell the Property

Darachan Ly

Coldwell Banker Envision License #01358058 Listed on: 04/19/2014

Coldwell Banker Envision

Last Buyer's Agent

Eileen Rivera

GE Dean and Associates License #01208517

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6,748 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 3,226 Sq Ft Home
  • Property Attached

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 1917
  • Tax Tract Number 5769
  • Assessor Parcel Number 7262016011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7262016011
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Fireplace Features: Bath
  • Price Per Square Foot: 230.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6748.00
  • Lot Size Acres: 0.1550

Multi Family

  • Lot Size Area: 6748.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 2100.00

Tax Info

  • Tax Lot: 1917
  • Tax Tract Number: 5769
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2014
Closed on
Sep 4, 2014
Sold by
Vanmuy Im
Bought by
Lim Chea Michael
Seller's Agent
Darachan Ly
Coldwell Banker Envision
Buyer's Agent
Eileen Rivera
GE Dean and Associates
List Price
$825,000
Sold Price
$745,000
Premium/Discount to List
-$80,000
-9.7%
Current Estimated Value
$1,431,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$686,393
Avg. Annual Appreciation
5.98%
Original Mortgage
$720,135
Outstanding Balance
$551,843
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$879,550

Purchase Details

Listed on
Apr 19, 2014
Closed on
Aug 26, 2014
Sold by
Lim Chea Michael
Bought by
Lozano George Michael and Lozano Josefina
Seller's Agent
Darachan Ly
Coldwell Banker Envision
Buyer's Agent
Eileen Rivera
GE Dean and Associates
List Price
$825,000
Sold Price
$745,000
Premium/Discount to List
-$80,000
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,135
Outstanding Balance
$551,843
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$879,550

Purchase Details

Closed on
Feb 9, 2011
Sold by
Prior Frank E
Bought by
Lim Chea Michael and Lim Huong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2009
Sold by
Backstrom Sandra
Bought by
Prior Frank E

Purchase Details

Closed on
Sep 10, 2009
Sold by
Carney Kent
Bought by
Backstrom Sandra

Purchase Details

Closed on
Aug 25, 2007
Sold by
Carney Kent
Bought by
Carney Kent and Joaquin Nancy

Purchase Details

Closed on
Jan 15, 2007
Sold by
Carney Kent
Bought by
Carney Enterprises Llc

Purchase Details

Closed on
Aug 22, 2002
Sold by
Kumkom Apimook
Bought by
Carney Kent and Joaquin Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,800
Interest Rate
6.05%

Purchase Details

Closed on
Jul 31, 2000
Sold by
Kumkom Apimook
Bought by
Kumkom Apimook and Kumkom Amie

Purchase Details

Closed on
Aug 6, 1998
Sold by
Dickens Jeanne Tr Dickens Family Trust
Bought by
Kumkom Apimook and Pen Amie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.79%

Purchase Details

Closed on
Aug 28, 1995
Sold by
Dickens Jeanne G
Bought by
Dickens Jeanne G and The Dickens Family 1983 Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lim Chea Michael -- North American Title Company
Lozano George Michael $745,000 North American Title Company
Lim Chea Michael $545,000 North American Title Company
Prior Frank E $415,000 North American Title Company
Backstrom Sandra $414,598 None Available
Carney Kent -- First American Title Ins Co
Carney Enterprises Llc -- None Available
Carney Kent -- None Available
Carney Kent $452,000 Gateway Title
Kumkom Apimook -- United Title Company
Kumkom Apimook $225,000 Commonwealth Land Title Co
Dickens Jeanne G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lozano George Michael $720,135
Previous Owner Lim Chea Michael $408,750
Previous Owner Carney Kent $406,800
Previous Owner Kumkom Apimook $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2014 10/09/14 Sold $745,000 -9.7% $231 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
04/19/2014 04/19/14 For Sale $825,000 -- $256 / 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 $11,793 $895,371 $480,737 $414,634
2024 $11,793 $877,815 $471,311 $406,504
2023 $11,593 $860,604 $462,070 $398,534
2022 $10,892 $843,730 $453,010 $390,720
2021 $10,666 $827,187 $444,128 $383,059
2019 $10,514 $802,655 $430,956 $371,699
2018 $10,177 $786,917 $422,506 $364,411
2016 $9,360 $756,361 $406,100 $350,261
2015 $8,989 $745,000 $400,000 $345,000
2014 $7,108 $569,591 $360,567 $209,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14083494

California Regional Multiple Listing Service (CRMLS)

APN: 7262-016-011