908 Mcfarland Ave Wilmington, CA 90744
5
Beds
3
Baths
1,600
Sq Ft
6,974
Sq Ft Lot
Highlights
- Private Yard
- Carpet
- Wall Furnace
- Laundry Room
About This Home
As of October 2024Great investment opportunity -- 3 individual units for sale! The front unit has 2 bedrooms & 1 bathroom. The middle unit is 1 bedroom and 1 bathroom and the back unit is 2 bedrooms, 1 bathroom. The property is situated on a 7,013 sq. ft. lot and has ample parking for tenants.
Last Agent to Sell the Property
24 Hour Real Estate Brokerage Phone: 562-818-6111 License #01234589 Listed on: 08/06/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,905
Year Built
- Built in 1923
Lot Details
- 6,974 Sq Ft Lot
- No Common Walls
- Private Yard
- Back Yard
Home Design
- 1,600 Sq Ft Home
- Triplex
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
Additional Features
- Laundry Room
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 10 / C
- Assessor Parcel Number 7425010008
- $473 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 3 Units
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,000
- Trash Expense $1,000
- Water Sewer Expense $3,400
- New Taxes Expense $9,375
- Operating Expense $15,775
- Gross Income $59,400
- Net Operating Income $43,625
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 6, 2024
Closed on
Sep 10, 2024
Sold by
Barajas Elizabeth
Bought by
Armando Mojarro Living Trust and Mojarro
Seller's Agent
Michael Berdelis
24 Hour Real Estate
Buyer's Agent
Armando Martinez
24 Hour Real Estate
List Price
$749,950
Sold Price
$750,000
Premium/Discount to List
$50
0.007%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$450,000
Outstanding Balance
$446,677
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$333,083
Purchase Details
Listed on
Aug 6, 2024
Closed on
Aug 14, 2024
Sold by
Zarate Valentin
Bought by
Barajas Elizabeth
Seller's Agent
Michael Berdelis
24 Hour Real Estate
Buyer's Agent
Armando Martinez
24 Hour Real Estate
List Price
$749,950
Sold Price
$750,000
Premium/Discount to List
$50
0.007%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$446,677
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$333,083
Purchase Details
Closed on
May 26, 2020
Sold by
Barajas Alfredo
Bought by
Zarate Valentin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 22, 2020
Sold by
Zarate Margarita
Bought by
Zarate Valentin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 13, 2015
Closed on
Jul 3, 2015
Sold by
Borajas Elizabeth
Bought by
Barajas Alfredo
Seller's Agent
Christina Maciel
Del Mar Realty
Buyer's Agent
Christina Maciel
Del Mar Realty
List Price
$339,000
Sold Price
$330,000
Premium/Discount to List
-$9,000
-2.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Purchase Details
Listed on
Mar 13, 2015
Closed on
Jun 30, 2015
Sold by
Vasquez Jose R
Bought by
Barajas Alfredo
Seller's Agent
Christina Maciel
Del Mar Realty
Buyer's Agent
Christina Maciel
Del Mar Realty
List Price
$339,000
Sold Price
$330,000
Premium/Discount to List
-$9,000
-2.65%
Purchase Details
Closed on
Oct 20, 2008
Sold by
Moreno Frank
Bought by
Moreno Kim
Purchase Details
Closed on
Jun 24, 2006
Sold by
Cervantes Lucy Maria
Bought by
Vasquez Jose R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 20, 2001
Sold by
Cervantes Jesus
Bought by
Cervantes Lucy Maria
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $750,000 | Monarch Title | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | $500,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Western Resources Title Co | |
| Grant Deed | $330,000 | Western Resources Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $515,000 | United Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | New Conventional | |
| Previous Owner | $375,000 | New Conventional | |
| Previous Owner | $412,000 | Purchase Money Mortgage | |
| Previous Owner | $70,000 | Unknown | |
| Previous Owner | $70,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/19/2025 06/19/25 | Price Changed | $749,950 | -6.3% | $469 / Sq Ft |
| 02/26/2025 02/26/25 | Price Changed | $799,950 | -5.9% | $500 / Sq Ft |
| 01/22/2025 01/22/25 | For Sale | $849,950 | +13.3% | $531 / Sq Ft |
| 10/07/2024 10/07/24 | Sold | $750,000 | 0.0% | $469 / Sq Ft |
| 09/06/2024 09/06/24 | Pending | -- | -- | -- |
| 09/01/2024 09/01/24 | For Sale | $749,950 | 0.0% | $469 / Sq Ft |
| 08/14/2024 08/14/24 | Off Market | $750,000 | -- | -- |
| 08/06/2024 08/06/24 | For Sale | $749,950 | +127.3% | $469 / Sq Ft |
| 07/21/2015 07/21/15 | Sold | $330,000 | -2.7% | $206 / Sq Ft |
| 03/21/2015 03/21/15 | Pending | -- | -- | -- |
| 03/13/2015 03/13/15 | For Sale | $339,000 | -- | $212 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $6,905 | $536,098 | $375,269 | $160,829 |
| 2023 | $6,777 | $525,587 | $367,911 | $157,676 |
| 2022 | $6,473 | $515,283 | $360,698 | $154,585 |
| 2021 | $6,392 | $505,180 | $353,626 | $151,554 |
| 2020 | $4,739 | $357,201 | $216,485 | $140,716 |
| 2019 | $4,564 | $350,198 | $212,241 | $137,957 |
| 2018 | $4,414 | $343,332 | $208,080 | $135,252 |
| 2016 | $4,543 | $330,000 | $200,000 | $130,000 |
| 2015 | $4,392 | $345,000 | $210,000 | $135,000 |
| 2014 | -- | $325,000 | $189,400 | $135,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Berdelis
Seller's Agent in 2025
Michael Berdelis
24 Hour Real Estate
(714) 507-6266
2 in this area
250 Total Sales
-
Armando Martinez
A
Seller Co-Listing Agent in 2025
Armando Martinez
24 Hour Real Estate
(562) 861-7257
1 in this area
43 Total Sales
-
Christina Maciel
Seller's Agent in 2015
Christina Maciel
Del Mar Realty
(310) 489-8648
23 in this area
92 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24161344
APN: 7425-010-008
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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