NOT LISTED FOR SALE

Estimated Value: $883,000 - $1,034,000

5 Beds
3 Baths
1,800 Sq Ft
$528/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $865,000 $481 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,910/month

10 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Neighborhood Views
  • Turnkey
  • Back and Front Yard

About This Home

As of September 2023

STUNNING 3 BED, 2 BATH FRONT UNIT AND 2 BED 1 BATH BACK UNIT, SANTA ANA RESIDENCIES IN MOVE-IN CONDITION, BOTH UNITS VACANT AND READY FOR THE NEXT OWNER TO MAKE IT THEIR HOME! Live in one and rent the other for additional income! These beautifully reimagined 2 Units, both have great layouts and are located in a great neighborhood and is NOT to be missed. No matter which home you choose to live in, both homes feature all new laminate flooring throughout the homes and will immediately send your imagination into all the ways in which you can make the spaces uniquely yours. Both homes offers plenty of windows that provide lots of natural lighting. The front home Features Brand New Quartz counter tops and plenty of cabinetry. The spacious kitchen is perfect for creating culinary masterpieces for your loved ones. All 3 bedrooms in the Front Home are nicely sized and the new bathrooms has been tastefully designed. The 2nd back unit also offers Brand New Quartz counter tops and plenty of cabinetry that matches the front unit in the brand new kitchen. The new bathroom was also tastefully designed with new vanity, toilet and shower. This property is located in a great area with easy freeway access and transportation. You do NOT want to miss out on these 2 units. BOTH WILL BE DELIVERED VACANT! SEE THEM!! FALL IN LOVE WITH THEM!! MAKE IT YOURS!! SEE YOU IN ESCOW!!

Last Agent to Sell the Property

George Cardenas

Elevate Real Estate Agency License #01937063 Listed on: 07/22/2023

Co-Listed By

Georgina Martinez

Elevate Real Estate Agency License #01936976

Last Buyer's Agent

Elizabeth Wagner

First Team Real Estate License #01457990

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,164

Year Built

  • Built in 1911

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor
  • Turnkey
  • Shingle Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 9 / C
  • Tax Tract Number 90
  • Assessor Parcel Number 01113307
  • $503 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $1,000
  • Water Sewer Expense $1,200
  • Operating Expense $3,700
  • Gross Income $64,800
  • Net Operating Income $64,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,164

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 439500
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 01113307
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 480.56
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Shingle

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Walkstreet
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Income: 64800.00
  • Gross Scheduled Income: 69600.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 64800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 400.00
  • Rent Control: No
  • Total Expenses: 3700.00

Tax Info

  • Tax Block: C
  • Tax Census Tract: 744.05
  • Tax Lot: 9
  • Tax Tract Number: 90
  • TaxOtherAnnualAssessmentAmount: 503.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2023
Closed on
Aug 9, 2023
Sold by
Zolara Limited Inc
Bought by
Madrigal Omar and Ochoa Luis
Seller's Agent
George Cardenas
Elevate Real Estate Agency
Buyer's Agent
Elizabeth Wagner
First Team Real Estate
List Price
$879,000
Sold Price
$865,000
Premium/Discount to List
-$14,000
-1.59%
Views
159
Current Estimated Value
$950,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,242
Avg. Annual Appreciation
3.77%
Original Mortgage
$465,000
Outstanding Balance
$456,152
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$476,604

Purchase Details

Closed on
Apr 5, 2023
Sold by
Zolara Limited Inc
Bought by
Zolara Limited Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2022
Sold by
Golden Rule Lending Llc
Bought by
Zolara Limited Inc

Purchase Details

Closed on
Sep 1, 2022
Sold by
Claj Project Llc
Bought by
Golden Rule Lending Llc

Purchase Details

Closed on
May 16, 2022
Sold by
Edna Lopez and Edna Anita
Bought by
Cl+Aj Project Llc
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
Madrigal Omar $865,000 Usa National Title
Zolara Limited Inc -- Pacific Coast Title
Zolara Limited Inc -- --
Golden Rule Lending Llc $475,000 First American Title
Cl+Aj Project Llc -- Lewis-Traut & Ruswick Apc
Lopez Carlos -- Lewis-Traut & Ruswick Apc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madrigal Omar $465,000
Previous Owner Zolara Limited Inc $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $865,000 -1.6% $481 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/22/2023 07/22/23 For Sale $879,000 0.0% $488 / Sq Ft
07/19/2023 07/19/23 Price Changed $879,000 -- $488 / 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 $10,164 $882,300 $846,361 $35,939
2024 $10,164 $865,000 $829,765 $35,235
2023 $5,781 $475,000 $440,000 $35,000
2022 $2,079 $140,723 $138,871 $1,852
2021 $2,035 $137,964 $136,148 $1,816
2020 $2,034 $136,550 $134,752 $1,798
2019 $2,002 $133,873 $132,110 $1,763
2018 $1,935 $131,249 $129,520 $1,729
2017 $1,918 $128,676 $126,980 $1,696
2016 $1,883 $126,153 $124,490 $1,663
2015 $1,858 $124,259 $122,620 $1,639
2014 $1,826 $121,825 $120,218 $1,607
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23132698

California Regional Multiple Listing Service (CRMLS)

APN: 011-133-07