NOT LISTED FOR SALE

Estimated Value: $4,026,360

24 Beds
24 Baths
9,193 Sq Ft
$438/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $3,750,000 $408 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $26,065/month

99 Days on Market

Highlights

  • New Construction
  • Two Primary Bedrooms
  • Open Floorplan
  • STEM Academy at Bernstein High Rated A-
  • Two Primary Bathrooms
  • Contemporary Architecture

About This Home

As of March 2022

Brand new 6 Units in the opportunity zone. The building consist of 24 Bedrooms and 24 Bathrooms. Buy now and enjoy the benefits of opportunity zone. We should be receiving the CofO with in 30 days. All units are 3 story 4br 4ba. All units are separately metered for water,gas and Electricity. The seller has created 22 onsite parking spaces to accommodate parking for most of the occupants. All units have a stainless steel refrigerator, stove, Dish washer and Microwave hood. All units are equipped with central Air condition and heating. The property is fenced all 4 sides with electric gate in front for access. The rear common yard has outdoor furniture and BBQ for the occupants. The property is located with in close proximity to many restaurants, stores and freeway. This asset is not to be missed.

Last Agent to Sell the Property

Suminda Sellahewa

Avarnka Real Estate, Inc. License #01155576 Listed on: 02/24/2021

Last Buyer's Agent

Xianghui Zhou

Real Brokerage Technologies License #01981445

Real Brokerage Technologies

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $48,234

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 9,062 Sq Ft Lot
  • Gated Home
  • Front Yard Sprinklers

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Flat Roof Shape

Interior Spaces

  • 9,193 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Double Pane Windows

Kitchen

  • Gas Oven
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 24 Bedrooms
  • Double Master Bedroom
  • Two Primary Bathrooms
  • 24 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Parking

  • 18 Open Parking Spaces
  • 22 Parking Spaces
  • Carport
  • Automatic Gate

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for gas, electricity, move in fee, water
  • Assessor Parcel Number 5538-006-010

Community Details

Overview

  • 3 Buildings
  • 6 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$48,234

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Building Permit: Yes
  • Living Area: 9193
  • Lot Acreage: 0.2080
  • Probate: No
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2021
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Open Floor Plan
  • Flooring: Ceramic Tile, Laminate
  • Appliances: Oven, Oven-Gas, Free Standing Gas
  • Bedrooms: 24
  • Bedroom Features: 2 Master Bedrooms
  • Common Walls: Attached
  • Bathroom Features: 2 Master Baths
  • Kitchen Features: Granite Counters
  • Laundry: In Closet, Inside
  • Total Bathrooms: 24.00
  • Equipment: Garbage Disposal, Microwave, Gas Dryer Hookup, Dishwasher, Water Line to Refrigerator
  • Price Per S Q F T: 413.25
  • Windows: Double Pane Windows

Exterior Features

  • Other Features: Custom Built
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 18
  • Covered Parking: 4
  • Parking Garage: Carport, Garage Is Attached, Uncovered
  • Total Parking: 22

Utilities

  • Water Heater: Gas, Water Heater Unit, Tankless
  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinklers, Gated
  • Water: In Street
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Front
  • Additions Alterations: No
  • Assessed Improvement Percent: 17.99
  • Assessed Improvement Value: 28639
  • Assessed Land Percent: 82.01
  • Assessed Land Value: 130574
  • Total Assessed Value: 159213
  • Assessor Parcel Number: 5538-006-010
  • Lot Size Area: 9062

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Move In Fee, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Townhouse
  • Vacancy Rate: 100

Tax Info

  • Private Transfer Taxes: No
  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Feb 22, 2022
Sold by
Mariposa 100 Llc
Bought by
Zhang Xiaodong
Seller's Agent
Suminda Sellahewa
Avarnka Real Estate, Inc.
Buyer's Agent
Xianghui Zhou
Real Brokerage Technologies
List Price
$3,899,000
Sold Price
$3,750,000
Premium/Discount to List
-$149,000
-3.82%
Current Estimated Value
$4,026,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,360
Avg. Annual Appreciation
2.19%
Original Mortgage
$2,250,000
Outstanding Balance
$2,105,984
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$1,931,840

Purchase Details

Closed on
Jun 10, 2021
Sold by
Zhaoqing Si
Bought by
Zhang Xiaodong

Purchase Details

Closed on
Feb 1, 2020
Sold by
Mariposa 100 Llc
Bought by
Mariposa 100 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,775,000
Interest Rate
3.74%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 1, 2018
Closed on
Aug 28, 2018
Sold by
Balucanag Reynaldo V and Balucanag Leticia V
Bought by
Mariposa 100 Llc
Seller's Agent
Alejandro Quinonez
TDC/Pacific Properties
Buyer's Agent
Suminda Sellahewa
Avarnka Real Estate, Inc.
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.93%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zhang Xiaodong $3,750,000 Fidelity National Title
Zhang Xiaodong -- Fidelity National Title
Mariposa 100 Llc -- Stewart Title Of Ca Inc
Mariposa 100 Llc $1,150,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Xiaodong $2,250,000
Previous Owner Mariposa 100 Llc $1,775,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $3,750,000 0.0% $408 / Sq Ft
03/01/2022 03/01/22 Rented $4,300 0.0% --
01/31/2022 01/31/22 For Rent $4,300 0.0% --
06/03/2021 06/03/21 Pending -- -- --
04/29/2021 04/29/21 Price Changed $3,799,000 -2.6% $413 / Sq Ft
02/24/2021 02/24/21 For Sale $3,899,000 +239.0% $424 / Sq Ft
09/18/2018 09/18/18 Sold $1,150,000 -4.2% $423 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $1,200,000 -- $441 / 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 $48,234 $3,979,529 $2,334,657 $1,644,872
2024 $48,234 $3,901,500 $2,288,880 $1,612,620
2023 $47,305 $3,825,000 $2,244,000 $1,581,000
2022 $14,580 $1,208,853 $725,312 $483,541
2021 $14,398 $1,185,151 $711,091 $474,060
2020 $14,543 $1,173,000 $703,800 $469,200
2019 $13,970 $1,150,000 $690,000 $460,000
2018 $2,188 $162,396 $133,185 $29,211
2017 $2,142 $159,213 $130,574 $28,639
2016 $2,062 $156,092 $128,014 $28,078
2015 $2,034 $153,749 $126,092 $27,657
2014 $2,054 $150,739 $123,623 $27,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-697670

The MLS

APN: 5538-006-010