NOT LISTED FOR SALE

Estimated Value: $504,000 - $663,000

5 Beds
2 Baths
1,258 Sq Ft
$450/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $475,000 $378 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,208/month

1 Day on Market

About This Home

As of April 2024

Extremely convenient location. Walking distance to school, restaurants, laundromat, market. Plenty of off street parking. Front unit: 3 bed, 1 bath. Back unit: 2 bed, 1 bath. Great tenants and always pay on time.

Last Agent to Sell the Property

SAM LEE

California Landmark Realty Inc Brokerage Phone: 626-899-0888 License #01404313 Listed on: 02/16/2024

Last Buyer's Agent

David Morales

Popular Real Estate License #01893696

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,329

Year Built

  • Built in 1934

Lot Details

  • 3,307 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,258 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 2
  • Tax Tract Number 8515
  • Assessor Parcel Number 6041008002
  • $290 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Water Sewer Expense $1,500
  • Operating Expense $2,000
  • Gross Income $29,292
  • Net Operating Income $27,292

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,329

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Price Per Unit: 237500
  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: LAR4
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6041008002
  • Year Built: 1934
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Street
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 377.58

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 3307.00
  • Lot Size Acres: 0.0759

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 29292.00
  • Gross Scheduled Income: 29292.00
  • Insurance Expense: 500.00
  • Lot Size Area: 3307.0000 Square Feet
  • Net Operating Income: 27292.00
  • 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: 2000.00
  • Rent Control: Yes
  • Total Expenses: 2000.00

Tax Info

  • Tax Census Tract: 2402.00
  • Tax Lot: 2
  • Tax Tract Number: 8515
  • TaxOtherAnnualAssessmentAmount: 290.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 16, 2024
Sold by
Gutierrez Vanessa
Bought by
Gutierrez Jesus
Seller's Agent
SAM LEE
California Landmark Realty Inc
Buyer's Agent
David Morales
Popular Real Estate
List Price
$475,000
Sold Price
$475,000
Views
57
Current Estimated Value
$565,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,658
Avg. Annual Appreciation
13.32%
Original Mortgage
$356,250
Outstanding Balance
$351,580
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$213,581

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 2, 2024
Sold by
Security Eat 780 Inc
Bought by
Gutierrez Jesus
Seller's Agent
SAM LEE
California Landmark Realty Inc
Buyer's Agent
David Morales
Popular Real Estate
List Price
$475,000
Sold Price
$475,000
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Outstanding Balance
$351,580
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$213,581

Purchase Details

Closed on
Jan 31, 2024
Sold by
Elise Ma Living Trust
Bought by
Security Eat 780 Inc

Purchase Details

Closed on
Dec 7, 2017
Sold by
Ma Elise Fenfang
Bought by
Ma Elise and Elise Ma Living Trust

Purchase Details

Closed on
Mar 20, 2017
Sold by
Le Sam Chen
Bought by
Ma Elise Fenfang

Purchase Details

Listed on
Apr 3, 2012
Closed on
Apr 26, 2012
Sold by
Deutsche Bank Trust Company Americas
Bought by
Lee Sam Chen and Ma Elise Fenfang
Seller's Agent
Mark Arico
Arico & Associates, Inc.
Buyer's Agent
Brandon Arico
Arico & Assoc.
List Price
$119,900
Sold Price
$140,000
Premium/Discount to List
$20,100
16.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%

Purchase Details

Closed on
Dec 14, 2011
Sold by
Bank Of America National Association
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Dec 6, 2011
Sold by
Garcia Wilfredo R
Bought by
Bank Of America National Association

Purchase Details

Closed on
Jan 27, 2006
Sold by
Vasquez Byron
Bought by
Garcia Wilfredo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
9.05%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 25, 2005
Sold by
Boston Associates Llc
Bought by
Vasquez Byron and Garcia Wilfredo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 12, 2004
Sold by
I Work 4 U Enterprises Llc
Bought by
Boston Associates Llc

Purchase Details

Closed on
Feb 28, 2003
Sold by
Dieudonne Geoffrey
Bought by
I Work 4 U Enterprise Llc

Purchase Details

Closed on
Oct 26, 2000
Sold by
Pacific Alliance Property & Management
Bought by
Webster Tami J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,750
Interest Rate
7.9%

Purchase Details

Closed on
Aug 17, 2000
Sold by
Federal National Mortgage Association
Bought by
Pacific Alliance Property & Mgmt Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.15%

Purchase Details

Closed on
Sep 7, 1999
Sold by
Shannon Andre and Shannon Carmen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 30, 1993
Sold by
Shannon Amaya
Bought by
Shannon Andre and Shannon Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 26, 1993
Sold by
Poulsen Norman L
Bought by
Shannon Amaya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.09%
Mortgage Type
Seller Take Back
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
Gutierrez Jesus -- Wfg Title Company
Gutierrez Jesus $475,000 Wfg Title Company
Security Eat 780 Inc -- None Listed On Document
Ma Elise -- None Available
Ma Elise Fenfang -- None Available
Lee Sam Chen $138,000 Chicago Title Company
Deutsche Bank Trust Company Americas -- None Available
Bank Of America National Association $109,600 Accommodation
Garcia Wilfredo R -- Ticor Title Company Of Ca
Vasquez Byron $355,000 Chicago Title Co
Boston Associates Llc -- Commerce Title Company
I Work 4 U Enterprise Llc -- --
Webster Tami J $155,000 American Coast Title
Pacific Alliance Property & Mgmt Inc $69,000 Commonwealth Title
Federal National Mortgage Association $122,346 Stewart Title
Shannon Andre -- --
Shannon Amaya $95,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Jesus $356,250
Previous Owner Ma Elise $121,400
Previous Owner Lee Sam Chen $161,000
Previous Owner Garcia Wilfredo R $494,000
Previous Owner Garcia Wilfredo R $400,000
Previous Owner Vasquez Byron $284,000
Previous Owner Webster Tami J $131,750
Previous Owner Pacific Alliance Property & Mgmt Inc $80,000
Previous Owner Shannon Amaya $95,000
Closed Webster Tami J $15,500
Closed Vasquez Byron $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Sold $475,000 0.0% $378 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $475,000 +239.3% $378 / Sq Ft
04/30/2012 04/30/12 Sold $140,000 +16.8% $111 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $119,900 -- $95 / 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 $2,329 $484,500 $280,500 $204,000
2024 $2,329 $169,924 $123,137 $46,787
2023 $2,289 $166,593 $120,723 $45,870
2022 $2,188 $163,327 $118,356 $44,971
2021 $2,157 $160,126 $116,036 $44,090
2019 $2,097 $155,379 $112,596 $42,783
2018 $2,037 $152,334 $110,389 $41,945
2016 $1,938 $146,420 $106,103 $40,317
2015 $1,912 $144,222 $104,510 $39,712
2014 $1,930 $141,398 $102,463 $38,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24033407

California Regional Multiple Listing Service (CRMLS)

APN: 6041-008-002