NOT LISTED FOR SALE
2 Beds
1 Bath
5,876 Sq Ft
0.43 Acre Lot

Sale Details

Date Sold: February 4, 2021

Last sale price $650,000 $111 Per Sq Ft

6 Days on Market

Highlights

  • Desert View
  • Laundry Room
  • Vinyl Flooring
  • Evaporated cooling system
  • Paved or Partially Paved Lot
  • Heating System Uses Natural Gas

About This Home

As of February 2021

For Sale - 7 units apartment. 2 bedroom 1 bath. Fully occupied. Great upside potential. 850 sf each unit. Year built 1977. Building size 5,876 sf. Lot size 18,750 sf. Great location. NWC of E Avenue & Olive Street. Close to shopping centers, school, medical offices, financial institutions, businesses, etc. DRIVE BY ONLY. DO NOT SPEAK TO TENANT. Hurry!

Last Agent to Sell the Property

Paul Tan

MGR Real Estate, Inc License #01751292 Listed on: 10/22/2020

MGR Real Estate, Inc

Last Buyer's Agent

Alex Carmona

PAK Home Realty License #01510760

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 18,750 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 5,876 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Desert Views
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Disposal

Parking

  • 14 Open Parking Spaces
  • 14 Parking Spaces

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 0410172450000

Community Details

Overview

  • 2 Buildings
  • 7 Units
  • Maintained Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0.43 Acres

Listing Details

  • Road Surface Type: Paved
  • View: Yes
  • Zoning: Residential 3
  • Property Type: Residential Income
  • Parcel Number: 0410172450000
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Flooring: Vinyl
  • Appliances: Yes
  • Price Per Square Foot: 110.62

Exterior Features

  • View: Desert
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame

Garage/Parking

  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 14.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range, Oven, Disposal
  • Heating Type: Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Amenities: Water, Trash, Gas, Electricity, Sewer, Maintenance Grounds

Lot Info

  • Lot Features: Paved
  • Lot Size: Buyer to verify
  • Lot Size Sq Ft: 18750.00
  • Lot Size Acres: 0.4300

Multi Family

  • Lot Size Area: 18750.0000 Square Feet
  • Number Of Units Total: 7

Tax Info

  • Tax Tract: Buyer to verify

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Feb 4, 2021
Sold by
Bought by
Seller's Agent
Paul Tan
MGR Real Estate, Inc
Buyer's Agent
Alex Carmona
PAK Home Realty
List Price
$700,000
Sold Price
$650,000
Premium/Discount to List
-$50,000
-7.14%

Purchase Details

Closed on
Nov 3, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
0.026%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 2002
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
0.0803%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 1996
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$650,000 Orange Coast Ttl Co Of Socal
-- --
$204,000 Landsafe Title
-- First American Title Co
$138,000 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $487,500
Previous Owner $153,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/04/2021 02/04/21 Sold $650,000 -7.1% $111 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $700,000 -- $119 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,856 $717,654 $82,807 $634,847
2025 $7,856 $703,582 $81,183 $622,399
2024 $7,679 $689,786 $79,591 $610,195
2023 $7,596 $676,260 $78,030 $598,230
2022 $7,422 $663,000 $76,500 $586,500
2021 $3,225 $278,421 $20,472 $257,949
2020 $3,189 $275,566 $20,262 $255,304
2019 $3,126 $270,163 $19,865 $250,298
2018 $3,068 $264,865 $19,475 $245,390
2017 $3,017 $259,671 $19,093 $240,578
2016 $2,955 $254,580 $18,719 $235,861
2015 $2,920 $250,756 $18,438 $232,318
2014 $2,883 $245,844 $18,077 $227,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 529366

California Regional Multiple Listing Service (CRMLS)
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