NOT LISTED FOR SALE

Estimated Value: $1,072,000 - $1,444,000

5 Beds
6 Baths
2,520 Sq Ft
$489/Sq Ft Est. Value

Last Sold November 06, 2018

Last sale price $844,000 $335 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,175/month

8 Days on Market

About This Home

As of November 2018

Welcome to The Daisy Courtyard!!! This Turnkey Quadruplex is comprised of (3) Separate Buildings. Excellent Unit Mix consisting of a Spacious Fully Upgraded 3Bed/2Bath Detached Home with it’s own 1-car garage, another Detached 2Bed/2Bath Fully Renovated Unit, and a third building comprised of (2) side by side studios with no one above or below. Quality Upgrades include Windows, Flooring, Kitchens, Baths, and Copper Plumbing. Separately metered for gas and electricity. The Property is Located in the Up-And-Coming Drake Park/Wilmore City Neighborhood and Sits Between (2) Recently Completed and Beautifully Landscaped Roundabouts!!! Current Ownership has kept rents below market, Great Upside Potential.

Last Agent to Sell the Property

Lilia Lopez

Realty One Group Homelink License #01242376 Listed on: 10/01/2018

Realty One Group Homelink

Last Buyer's Agent

Diana Tran

RE/MAX ELITE REALTY License #01965702

RE/MAX ELITE REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 4,526 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Garage

Home Design

  • 2,520 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 7272009005

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $750
  • Water Sewer Expense $1,100
  • New Taxes Expense $10,188
  • Operating Expense $12,938
  • Gross Income $60,480
  • Net Operating Income $51,430

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Drake Park (DP)
  • Water Sewer Expenses: 1100.00
  • Zoning: LBPD10
  • Property Type: Residential Income
  • Parcel Number: 7272009005
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 334.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 4526.00

Multi Family

  • Gross Income: 60480.00
  • Gross Scheduled Income: 60480.00
  • Insurance Expense: 750.00
  • Net Operating Income: 51430.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 8950.00
  • Rent Control: No
  • Total Expenses: 12938.00

Tax Info

  • New Taxes Expense: 10188.00
  • Tax Census Tract: 5758.02
  • Tax Lot: 0000
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2019
Sold by
Parikh Pranay and Parikh Annie
Bought by
Parikh Pranay and Parikh Annie
Current Estimated Value
$1,177,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Outstanding Balance
$555,883
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$675,876

Purchase Details

Listed on
Oct 1, 2018
Closed on
Oct 11, 2018
Sold by
Hegazy Mike and Hegazy Pamela
Bought by
Parikh Pranay
Seller's Agent
Lilia Lopez
Realty One Group Homelink
Buyer's Agent
Diana Tran
RE/MAX ELITE REALTY
List Price
$849,000
Sold Price
$844,000
Premium/Discount to List
-$5,000
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$633,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2014
Sold by
Hegazy Mike and Hegazy Pamela
Bought by
Hegazy Mike and Mike Hegazy 2014 Trust

Purchase Details

Listed on
May 27, 2014
Closed on
Jun 6, 2014
Sold by
Nelson Emery E and Nelson Gayle A
Bought by
Hegazy Mike and Hegacy Pamela
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
Buyer's Agent
Robert Stepp
Keller Williams Realty Downey
List Price
$435,000
Sold Price
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%

Purchase Details

Closed on
Feb 12, 2004
Sold by
Nelson Emery E and Nelson Gayle A
Bought by
Nelson Emery E and Nelson Gayle A

Purchase Details

Closed on
Jan 10, 2001
Sold by
Bank United
Bought by
Nelson Emery E and Nelson Gayle A

Purchase Details

Closed on
Dec 29, 1999
Sold by
Motta Guillermo and Motta Belinda
Bought by
Bank United

Purchase Details

Closed on
Mar 6, 1998
Sold by
Motta Consuelo
Bought by
Motta Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,195
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 1998
Sold by
Abel Mordechai and Abel Savyona
Bought by
Motta Guillermo and Motta Belinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,195
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 1997
Sold by
Hud
Bought by
Abel Mordechai and Abel Savyona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,920
Interest Rate
7.45%

Purchase Details

Closed on
Feb 25, 1997
Sold by
Nationsbanc Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Feb 11, 1997
Sold by
Mcdonnell Robert P and Lembi John
Bought by
Nationsbanc Mtg Corp

Purchase Details

Closed on
Apr 6, 1994
Sold by
Mcdonnell Ryan J
Bought by
Mcdonnell E Dora
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
Parikh Pranay -- Westminster Title Co Inc
Parikh Pranay $844,000 Old Republic Title Company
Hegazy Mike -- None Available
Hegazy Mike $435,000 Old Republic Title
Nelson Emery E -- --
Nelson Emery E $210,000 Fidelity National Title Co
Bank United $267,628 United Title Company
Motta Guillermo -- United Title Company
Motta Guillermo $255,000 United Title Company
Abel Mordechai -- California Counties Title Co
Hud -- Benefit Land Title Ins Co
Nationsbanc Mtg Corp $131,367 United Title Company
Mcdonnell E Dora -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parikh Pranay $630,000
Closed Parikh Pranay $633,000
Previous Owner Motta Guillermo $245,195
Previous Owner Abel Mordechai $97,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2018 11/06/18 Sold $844,000 -0.6% $335 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $849,000 +95.2% $337 / Sq Ft
06/19/2014 06/19/14 Sold $435,000 0.0% $173 / Sq Ft View Prior Sale
06/04/2014 06/04/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $435,000 -- $173 / 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 $12,273 $941,491 $658,152 $283,339
2024 $12,273 $923,032 $645,248 $277,784
2023 $12,064 $904,935 $632,597 $272,338
2022 $11,329 $887,193 $620,194 $266,999
2021 $11,098 $869,798 $608,034 $261,764
2020 $11,070 $861,660 $601,800 $259,860
2019 $10,941 $844,780 $590,000 $254,780
2018 $6,284 $469,432 $323,210 $146,222
2016 $5,782 $450,456 $310,660 $139,796
2015 $5,558 $443,691 $305,994 $137,697
2014 $3,455 $251,978 $110,623 $141,355
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18238160

California Regional Multiple Listing Service (CRMLS)

APN: 7272-009-005