NOT LISTED FOR SALE

Estimated Value: $675,000 - $731,257

2 Beds
1 Bath
1,495 Sq Ft
$468/Sq Ft Est. Value

Last Sold September 27, 2017

Last sale price $499,000 $334 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,513/month

45 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • 2 Detached Carport Spaces
  • Private Yard
  • Jack-and-Jill Bathroom
  • Floor Furnace

About This Home

As of September 2017

Great property that shows very well. This property is an opportunity to own a completely remodeled home. All is new, outside paint, inside paint, floor, kitchen, and bathroom completely remodeled. New front porch, and landscape. This is a two unit property to live in one and rent the other or to live with family and have your own space. Property comes with new appliances; stove, fridge and ceiling fans. Easy to show go direct. Text listing agent with BRE info.

Last Agent to Sell the Property

Alexander Perez

Century 21 Realty Masters Brokerage Phone: 714-900-4300 License #01741861 Listed on: 07/14/2017

Century 21 Realty Masters

Last Buyer's Agent

Janette Correa

Keller Williams Encino/Sherman Oaks License #01211559

Keller Williams Encino/Sherman Oaks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,980

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • 5,100 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • 2 Detached Carport Spaces
  • Parking Available
  • RV Access or Parking
  • Controlled Entrance

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Fire Rated Drywall
  • Pre-Cast Concrete Construction
  • Asphalt

Interior Spaces

  • 1,495 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Freezer
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Jack-and-Jill Bathroom
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Utilities

  • Floor Furnace
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1468
  • Tax Tract Number 6097
  • Assessor Parcel Number 6029005024

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $540
  • New Taxes Expense $310
  • Operating Expense $850
  • Gross Income $33,840
  • Net Operating Income $30,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,980

Year Built

Built in 1926 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Zoning: LAR2
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6029005024
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 333.78
  • Room Type: Jack & Jill

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Flat
  • Construction Materials: Asphalt, Block, Concrete, Drywall Walls, Glass

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport, Controlled Entrance, Covered, Concrete, RV Access/Parking
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Freezer, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Refrigerator
  • Heating Type: Floor Furnace, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Yard
  • Lot Size Sq Ft: 5100.00
  • Lot Size Acres: 0.1171

Multi Family

  • Average1 Bed Area: 110 Square Feet
  • Average2 Bed Area: 110 Square Feet
  • Average Studio Area: 1242 Square Feet
  • Gross Operating Income: 33840.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 540.00
  • Lot Size Area: 5100.0000 Square Feet
  • Net Operating Income: 30240.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3600.00
  • Operating Expense Percent: 10.00
  • Rent Control: No
  • Total Expenses: 850.00
  • Vacancy Allowance: 2160
  • Vacancy Allowance Rate: 6.00

Tax Info

  • New Taxes Expense: 310.00
  • Tax Census Tract: 2398.01
  • Tax Lot: 1468
  • Tax Tract Number: 6097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Aug 31, 2017
Sold by
Demojica Ma Riza Duarte
Bought by
Tapia Juan Tellez and Tellez Paula
Seller's Agent
Alexander Perez
Century 21 Realty Masters
Buyer's Agent
Janette Correa
Keller Williams Encino/Sherman Oaks
List Price
$490,000
Sold Price
$499,000
Premium/Discount to List
$9,000
1.84%
Current Estimated Value
$711,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,820
Avg. Annual Appreciation
4.39%
Original Mortgage
$474,050
Outstanding Balance
$397,650
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$302,164

Purchase Details

Closed on
Mar 14, 2017
Sold by
U S Bank National Association
Bought by
Demojica Ma Mariza Duarte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 18, 2016
Sold by
Pacheco Maria E
Bought by
Us Bank National Assocation

Purchase Details

Closed on
Jun 6, 2006
Sold by
Pacheco Julio
Bought by
Pacheco Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,200
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 11, 2005
Sold by
Orantes Juan Carlos
Bought by
Pacheco Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 26, 2004
Sold by
Pacheco Maria E
Bought by
Pacheco Maria E and Orantes Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,750
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2002
Sold by
Orantes Sonia M
Bought by
Orantes Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,923
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2002
Sold by
The Pacific Shores Living Trust
Bought by
Pacheco Julio C and Pacheco Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,923
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2001
Sold by
Tdc/Pacific Properties Inc
Bought by
The Pacific Shores Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.15%

Purchase Details

Closed on
Jul 10, 2001
Sold by
Valdez Joe H and Valdez Family Trust
Bought by
Tdc Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.15%

Purchase Details

Closed on
Jan 15, 1999
Sold by
Lena Valdez Trust and Joe H
Bought by
Valdez Joe H and Valdez Mary L

Purchase Details

Closed on
Jul 15, 1994
Sold by
Valdez Lena and Valdez Joe Hector
Bought by
The Lena Valdez Trust

Purchase Details

Closed on
Oct 13, 1993
Sold by
The Lena Valdez Family Ltd Partnership
Bought by
Valdez Joe Hector and Valdez Lena
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
Tapia Juan Tellez $499,000 Ticor Title
Demojica Ma Mariza Duarte $367,500 Premium Title Of Ca Inc
Us Bank National Assocation $400,000 None Available
Pacheco Maria E -- None Available
Pacheco Maria E -- --
Pacheco Maria E -- --
Pacheco Maria E -- Gateway Title Company
Orantes Juan Carlos -- United Title Company
Pacheco Julio C $231,500 United Title Company
The Pacific Shores Living Trust -- --
Tdc Properties $90,000 North American Title Co
Valdez Joe H -- --
The Lena Valdez Trust -- --
Valdez Joe Hector -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapia Juan Tellez $474,050
Previous Owner Demojica Ma Mariza Duarte $100,000
Previous Owner Demojica Ma Mariza Duarte $293,675
Previous Owner Pacheco Maria E $455,200
Previous Owner Pacheco Maria E $344,000
Previous Owner Pacheco Maria E $283,750
Previous Owner Pacheco Julio C $227,923
Previous Owner Zamorano Mario $144,000
Previous Owner Tdc Properties $91,000
Closed Tdc Properties $7,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2017 09/27/17 Sold $499,000 +1.8% $334 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $490,000 -- $328 / 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 $6,980 $567,772 $398,238 $169,534
2024 $6,980 $556,640 $390,430 $166,210
2023 $6,847 $545,726 $382,775 $162,951
2022 $6,532 $535,026 $375,270 $159,756
2021 $6,449 $524,536 $367,912 $156,624
2020 $6,512 $519,159 $364,140 $155,019
2019 $6,259 $508,980 $357,000 $151,980
2018 $6,182 $499,000 $350,000 $149,000
2016 $3,631 $288,885 $102,326 $186,559
2015 $3,579 $284,546 $100,789 $183,757
2014 $3,603 $278,973 $98,815 $180,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17183416

California Regional Multiple Listing Service (CRMLS)

APN: 6029-005-024