NOT LISTED FOR SALE

Estimated Value: $750,000 - $954,000

8 Beds
4 Baths
2,560 Sq Ft
$337/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $445,000 $174 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,269/month

40 Days on Market

About This Home

As of April 2015

this well maintained 4 units residential income property. Each has 2 bed/1 bath. fully rented, long term tenants, excellent property for investor or first time buyers looking to live in one, and rent others. seller just recently remodeled the outside with new stucco.

Last Agent to Sell the Property

Larry N.Q. Vu

Option Real Estate License #00816558 Listed on: 01/26/2015

Last Buyer's Agent

Vertice Williams

Carmody Real Estate, Inc. License #01938199

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,839

Year Built

  • Built in 1943

Lot Details

  • 5,586 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 4 Parking Spaces

Home Design

  • 2,560 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 6057011009

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,839

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Other Phone Number: 7146975913
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6057011009
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 173.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 5586.00
  • Lot Size Acres: 0.1280

Multi Family

  • Gross Income: 3500.00
  • Gross Scheduled Income: 42000.00
  • Lot Size Area: 5586.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Lot: 999
  • Tax Tract Number: 999
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2015
Closed on
Apr 10, 2015
Sold by
Hawthorne Frederick Shannon
Bought by
Hawthorne Andrea
Seller's Agent
Larry N.Q. Vu
Option Real Estate
Buyer's Agent
Vertice Williams
Carmody Real Estate, Inc.
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Current Estimated Value
$862,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,388
Avg. Annual Appreciation
6.61%
Original Mortgage
$333,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2015
Closed on
Mar 17, 2015
Sold by
La Lalouise and La Cezar
Bought by
Hawthorne Andrea
Seller's Agent
Larry N.Q. Vu
Option Real Estate
Buyer's Agent
Vertice Williams
Carmody Real Estate, Inc.
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2003
Sold by
Villalobos Jose
Bought by
La Lalouise and La Cezar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Hawthorne Andrea -- Orange Coast Title Company
Hawthorne Andrea $445,000 Orange Coast Title Company
La Lalouise $261,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawthorne Andrea $330,000
Closed Hawthorne Andrea $333,750
Previous Owner Lalouise $250,000
Previous Owner Lacezar $60,000
Previous Owner La Lalouise $181,000
Closed La Lalouise $26,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2015 04/15/15 Sold $445,000 -1.1% $174 / Sq Ft
03/07/2015 03/07/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $450,000 -- $176 / 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 $6,839 $534,811 $276,420 $258,391
2024 $6,839 $524,325 $271,000 $253,325
2023 $6,718 $514,045 $265,687 $248,358
2022 $6,424 $503,967 $260,478 $243,489
2021 $6,335 $494,086 $255,371 $238,715
2019 $6,155 $479,434 $247,798 $231,636
2018 $6,046 $470,035 $242,940 $227,095
2016 $5,770 $451,785 $233,507 $218,278
2015 $4,066 $308,756 $154,968 $153,788
2014 $4,107 $302,709 $151,933 $150,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15017323

California Regional Multiple Listing Service (CRMLS)

APN: 6057-011-009