NOT LISTED FOR SALE

Estimated Value: $794,000 - $934,889

5 Beds
3 Baths
2,422 Sq Ft
$345/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $429,000 $177 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,070/month

9 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Wall Furnace
  • No HOA
  • Tile Flooring

About This Home

As of September 2016

GREAT INVESTMENT OPPORTUNITY TWO UNITS ON THE LOT!!!! FRONT UNIT 2 BEDROOMS 1 BATHROOM BACK UNIT 3 BEDROOMS 2 BATHROOMS.
BOTH UNITS HAVE LAUNDRY ROOMS, FORMAL DINNING AREA, FORMAL LIVING ROOMS, LARGE PARKING SPACE, LONG DRIVE WAY. BOTH UNITS WERE REMODELED A COUPLE YEARS AGO. PLEASE DON'T DISTURB TENANTS DRIVE BY ONLY.

Last Agent to Sell the Property

Eduardo Morales

Big Block Powerhouse Realty License #01774758 Listed on: 08/02/2016

Last Buyer's Agent

Christopher Hernandez

America's Realty Group License #01431933

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,339

Year Built

  • Built in 1912

Lot Details

  • 9,066 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 2,422 Sq Ft Home
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Utilities

  • Wall Furnace
  • Private Water Source

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 26
  • Tax Tract Number 2383
  • Assessor Parcel Number 6032009013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Trash Expense $75
  • Water Sewer Expense $175
  • New Taxes Expense $5,623
  • Gross Income $3,224
  • Net Operating Income $32,190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,339

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 175.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 6032009013
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Entry Location: Ground Level With Steps
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 177.13
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Trash Expense: 75.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9066.00
  • Price Per Lot Square Foot: 47.32

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3224.00
  • Gross Scheduled Income: 38688.00
  • Insurance Expense: 700.00
  • Net Operating Income: 32190.00
  • 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: 6498.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 5623.00
  • Tax Lot: 26
  • Tax Tract Number: 2383

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2021
Sold by
Ramirez Guillermo Ulises and Ramirez Kathy
Bought by
Ramirez Guillermo Ulises and Ramirez Kathy
Current Estimated Value
$835,222

Purchase Details

Listed on
Aug 2, 2016
Closed on
Aug 28, 2016
Sold by
Shipman G W and Shipman La Ronna K
Bought by
Ramirez Guillermo Ulises and Ramirez Kathy Ramirez
Seller's Agent
Eduardo Morales
Big Block Powerhouse Realty
Buyer's Agent
Christopher Hernandez
America's Realty Group
List Price
$429,000
Sold Price
$429,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$321,750
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2013
Sold by
Argus Realty Management Company
Bought by
Shipman G W and Shipman La Ronna K

Purchase Details

Closed on
Apr 27, 2011
Sold by
Romero Evelyn C
Bought by
Argus Realty Management Company

Purchase Details

Closed on
Mar 24, 2008
Sold by
Hill Vernatha and Estate Of Zella Payne
Bought by
Romero Evelyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
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
Ramirez Guillermo Ulises -- None Available
Ramirez Guillermo Ulises $429,000 Fidelity National Title Co
Shipman G W $275,000 Fidelity Van Nuys
Argus Realty Management Company -- Investors Title Company
Romero Evelyn C $272,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Guillermo Ulises $444,500
Closed Ramirez Guillermo Ulises $321,750
Previous Owner Romero Evelyn C $354,000
Previous Owner Payne Zella $16,542
Previous Owner Payne Zella $111,300
Previous Owner Payne Zella $106,250
Previous Owner Payne Zella $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $429,000 0.0% $177 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $429,000 -- $177 / 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 $6,339 $497,886 $381,830 $116,056
2024 $6,339 $488,125 $374,344 $113,781
2023 $6,226 $478,554 $367,004 $111,550
2022 $5,953 $469,171 $359,808 $109,363
2021 $5,869 $459,972 $352,753 $107,219
2020 $5,924 $455,256 $349,136 $106,120
2019 $5,701 $446,331 $342,291 $104,040
2018 $5,544 $437,580 $335,580 $102,000
2016 $5,705 $455,634 $310,660 $144,974
2015 $5,624 $448,791 $305,994 $142,797
2014 $5,656 $440,000 $300,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16169024

California Regional Multiple Listing Service (CRMLS)

APN: 6032-009-013