NOT LISTED FOR SALE

Estimated Value: $672,000 - $881,191

4 Beds
3 Baths
1,728 Sq Ft
$456/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $625,000 $362 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,787/month

7 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Laundry Room
  • Corner Lot
  • Living Room
  • Tile Flooring

About This Home

As of July 2022

Great investor opportunity. This is a Duplex and each unit has 2 bedrooms one bath, located on a corner lot. One of the units has a private bathroom in one of the bedrooms. The property units are attached to each other where the 2 car garages meet so makes it ideal for added privacy. The homes do suffer from deferred maintenance and also requires substantial slab repair. Unit A is in relatively good interior condition while unit B is in need of repair. This duplex is single level and highly desired. The driveway is large and has room for plenty of parking in addition to the 2 car garage from each unit. Keep in mind this is located just a few minutes drive from shopping, restaurants and grocery store as well as schools.

Last Agent to Sell the Property

Oscar Jimenez

First Team Real Estate License #01260075 Listed on: 05/07/2022

First Team Real Estate

Last Buyer's Agent

Larry Sangiorgio

First Team Real Estate License #01419541

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 8,699 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Corner Lot

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Contemporary Architecture
  • Entry on the 1st floor
  • Major Repairs Completed
  • Fixer Upper
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Living Room

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 6036
  • Assessor Parcel Number 8166001036

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,920
  • Trash Expense $1,200
  • Water Sewer Expense $1,800
  • Operating Expense $4,920
  • Net Operating Income $16,680

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 1800.00
  • Zoning: WHR2YY
  • Architectural Style: Contemporary
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8166001036
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Vinyl
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 361.69
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Direction Faces: South
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 8699.00
  • Lot Size Acres: 0.1997

Multi Family

  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 1920.00
  • Lot Size Area: 8699.0000 Square Feet
  • Net Operating Income: 16680.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 4920.00
  • Rent Control: Yes
  • Total Actual Rent: 1800.00
  • Total Expenses: 4920.00

Tax Info

  • Tax Census Tract: 5020.03
  • Tax Lot: 26
  • Tax Tract Number: 6036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2022
Closed on
Jul 18, 2022
Sold by
Prieto Giraldo Raquel
Bought by
Seo Jung Soo
Seller's Agent
Oscar Jimenez
First Team Real Estate
Buyer's Agent
Larry Sangiorgio
First Team Real Estate
List Price
$549,900
Sold Price
$625,000
Premium/Discount to List
$75,100
13.66%
Current Estimated Value
$787,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,798
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
May 23, 2022
Sold by
Daniel Barajas
Bought by
Seo Jung Soo

Purchase Details

Closed on
May 18, 2018
Sold by
Ortega Mariela
Bought by
Garcia Tamar

Purchase Details

Closed on
Jun 14, 2016
Sold by
Monte
Bought by
Orteg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Seo Jung Soo -- Equity Title
Seo Jung Soo $625,000 Equity Title
Garcia Tamar -- None Available
Orteg -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orteg --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2022 07/25/22 Sold $625,000 +13.7% $362 / Sq Ft
05/23/2022 05/23/22 For Sale $549,900 -12.0% $318 / Sq Ft
05/21/2022 05/21/22 Off Market $625,000 -- --
05/21/2022 05/21/22 For Sale $549,900 -12.0% $318 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
05/13/2022 05/13/22 Off Market $625,000 -- --
05/07/2022 05/07/22 For Sale $549,900 -- $318 / 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 $8,048 $650,250 $468,180 $182,070
2024 $8,048 $637,500 $459,000 $178,500
2023 $7,516 $625,000 $450,000 $175,000
2022 $6,703 $513,134 $317,920 $195,214
2021 $6,587 $503,074 $311,687 $191,387
2020 $6,499 $497,917 $308,492 $189,425
2019 $6,371 $488,155 $302,444 $185,711
2018 $6,525 $521,240 $336,049 $185,191
2016 $3,293 $258,683 $97,002 $161,681
2015 $3,271 $254,798 $95,545 $159,253
2014 $3,235 $249,808 $93,674 $156,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22094022

California Regional Multiple Listing Service (CRMLS)

APN: 8166-001-036