$1,711,000
SOLD SEP 10, 2024
17 Beds
11 Baths
6,154 Sq Ft
9,184 Sq Ft Lot

Recently Sold

$278 Per Sq Ft

14% Above List Price

15 Days on Market

About This Home

As of September 2024

This fantastic investment opportunity is unfinished construction and is situated in a prime location on a large flat lot. The property consists of two duplexes, each with two 3-bedroom / 2-bathroom downstairs and upstairs units as well as a single-family residence with 5 bedrooms and 3 bathrooms. Each unit is light and bright with lots of windows, high ceilings, and its own washer/dryer hookups. Currently there is no Certificate of Occupancy (CoO). The property is centrally located with access to schools, freeways, shopping, restaurants, and more. Buyer to verify square footage.

Last Agent to Sell the Property

Orit Gadish

Geffen Real Estate License #01505675 Listed on: 07/18/2024

Last Buyer's Agent

Julio Ruiz

Global Platinum Properties, Inc. License #01911261

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,884

Year Built

  • Built in 2023

Lot Details

  • 9,184 Sq Ft Lot

Interior Spaces

  • 6,154 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 11 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Community Details

  • 3 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 6048-001-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,884

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6154
  • Lot Acreage: 0.2108
  • Stories: 2
  • Year Built: 2023
  • Number Of Photos: 56
  • State Abbrv: CA
  • Special Features: 1026
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 17
  • Total Bathrooms: 11.00
  • Price Per S Q F T: 243.74

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 2

Lot Info

  • Assessed Improvement Percent: 52.50
  • Assessed Improvement Value: 562856
  • Assessed Land Percent: 47.5
  • Assessed Land Value: 509295
  • Total Assessed Value: 1072151
  • Assessor Parcel Number: 6048-001-023
  • Lot Size Area: 9184

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 5
  • Total Annual Expense: 0
  • Type Of Units: Duplexes/SFR
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Aug 29, 2024
Sold by
Residential Investment Trust
Bought by
Ac Properties Investments Llc
Seller's Agent
Orit Gadish
Geffen Real Estate
Buyer's Agent
Julio Ruiz
Global Platinum Properties, Inc.
List Price
$1,499,999
Sold Price
$1,711,000
Premium/Discount to List
$211,001
14.07%
Views
13
Current Estimated Value
$1,969,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,028
Avg. Annual Appreciation
16.69%
Original Mortgage
$1,800,000
Outstanding Balance
$821,510
Interest Rate
6.46%
Mortgage Type
Construction
Estimated Equity
$1,147,518

Purchase Details

Closed on
Oct 5, 2023
Sold by
Sbs Trust Deed Network
Bought by
Residential Investment Trust

Purchase Details

Closed on
Sep 28, 2018
Sold by
Zuniga Maria Lucita and Zuniga Reymundo
Bought by
Firth 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 5, 2016
Sold by
Moreno Alejandro
Bought by
Zuniga Reymundo and Zuniga Maria Lucila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,153
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2014
Sold by
Lopez Cristina
Bought by
Moreno Alejan Dro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2014
Sold by
Ramos Maria and Ramos Juan
Bought by
Moreno Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,711,000 First American Title Company
Trustee Deed -- Wfg National Title
Grant Deed $475,000 Fidelity National Title
Grant Deed $325,000 Pacific Coast Title
Interfamily Deed Transfer -- Pacific Coast Title Company
Grant Deed $242,500 Pacific Coast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,800,000 Construction
Previous Owner $1,387,500 Construction
Previous Owner $380,000 Future Advance Clause Open End Mortgage
Previous Owner $314,153 FHA
Previous Owner $258,000 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Sold $1,711,000 +14.1% $278 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $1,499,999 +215.8% $244 / Sq Ft
03/15/2019 03/15/19 Sold $475,000 +3.3% $369 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $460,000 -3.2% $358 / Sq Ft
08/28/2018 08/28/18 Off Market $475,000 -- --
08/26/2018 08/26/18 For Sale $460,000 -3.2% $358 / Sq Ft
08/25/2018 08/25/18 Off Market $475,000 -- --
08/16/2018 08/16/18 For Sale $460,000 +41.5% $358 / Sq Ft
12/22/2016 12/22/16 Sold $325,000 -5.8% $253 / Sq Ft
08/06/2016 08/06/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $344,900 +23.6% $268 / Sq Ft
03/05/2015 03/05/15 Sold $279,000 0.0% $217 / Sq Ft
01/02/2015 01/02/15 Pending -- -- --
06/30/2014 06/30/14 For Sale $279,000 -- $217 / Sq Ft
Source: The MLS

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 $27,884 $1,711,000 $600,000 $1,111,000
2024 $27,884 $2,250,000 $900,000 $1,350,000
2023 $13,741 $1,072,151 $509,295 $562,856
2022 $13,118 $1,051,129 $499,309 $551,820
2021 $12,959 $1,030,519 $489,519 $541,000
2020 $6,660 $484,500 $484,500 $0
2019 $1,637 $338,130 $234,090 $104,040
2018 $4,379 $331,500 $229,500 $102,000
2016 $3,307 $245,690 $192,897 $52,793
2015 $3,258 $242,000 $190,000 $52,000
2014 -- $132,396 $47,068 $85,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-415049

The MLS

APN: 6048-001-023