NOT LISTED FOR SALE
10 Beds
7 Baths
3,200 Sq Ft
1.76 Acre Lot

Sale Details

Date Sold: August 16, 2017

Last sale price $879,000 $275 Per Sq Ft

26 Days on Market

About This Home

As of August 2017

** Don't miss this Opportunity - CAP Rate is over 7%!! Tremendous Value and BIG Cash Flow!! Huge Lot, completely gated, with 6 fully rented units! The entire property is lined with palm trees and looks like a resort. All units are immaculately maintained and 100% turnkey!! GSI is $84,480!! Very quiet, clean, stable neighborhood close to the 60 Freeway and excellent schools!!

Last Agent to Sell the Property

Ryan Doktorczyk

935 Real Estate License #01440155 Listed on: 05/21/2017

Last Buyer's Agent

Tony Regazzi

Keller Williams Rlty Whittier License #01003071

Keller Williams Rlty Whittier

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 1.76 Acre Lot
  • Two or More Common Walls
  • Rural Setting
  • Density is 2-5 Units/Acre

Home Design

  • 3,200 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 69
  • Tax Tract Number 69
  • Assessor Parcel Number 170180041

Community Details

Overview

  • 3 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $6,600
  • Fuel Expense $1,800
  • Insurance Expense $1,040
  • Trash Expense $3,000
  • Water Sewer Expense $3,000
  • Operating Expense $23,140
  • Gross Income $84,480
  • Net Operating Income $61,340

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

1.76 Acres

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: A-1
  • Property Type: Residential Income
  • Parcel Number: 170180041
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 274.69

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Sewer: Public Sewer
  • Trash Expense: 3000.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 76666.00
  • Lot Size Acres: 1.7600

Multi Family

  • Electric Expense: 6600.00
  • Fuel Expense: 1800.00
  • Gross Income: 84480.00
  • Gross Scheduled Income: 84480.00
  • Insurance Expense: 1040.00
  • Lot Size Area: 76666.0000 Square Feet
  • Net Operating Income: 61340.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 23140.00
  • Rent Control: No
  • Total Actual Rent: 7040.00
  • Total Expenses: 23140.00

Tax Info

  • Tax Census Tract: 405.02
  • Tax Lot: 69
  • Tax Tract Number: 69

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
0.044%
Mortgage Type
Commercial

Purchase Details

Listed on
May 21, 2017
Closed on
Aug 11, 2017
Sold by
Bought by
Seller's Agent
Ryan Doktorczyk
935 Real Estate
Buyer's Agent
Tony Regazzi
Keller Williams Rlty Whittier
List Price
$949,000
Sold Price
$879,000
Premium/Discount to List
-$70,000
-7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
0.0396%
Mortgage Type
Commercial

Purchase Details

Listed on
May 21, 2017
Closed on
Jun 21, 2017
Sold by
Bought by
Seller's Agent
Ryan Doktorczyk
935 Real Estate
Buyer's Agent
Tony Regazzi
Keller Williams Rlty Whittier
List Price
$949,000
Sold Price
$879,000
Premium/Discount to List
-$70,000
-7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
0.0396%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
0.0609%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2004
Sold by
Bought by

Purchase Details

Closed on
May 19, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
0.0526%
Mortgage Type
Commercial

Purchase Details

Closed on
May 6, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Stewart Title Of California
-- First American Title Company
$879,000 First American Title Company
-- Fidelity National Title
-- Fidelity National Title
-- --
$203,000 Lawyers Title
$113,000 Orange Coast Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $3,293,000
Closed $585,000
Closed $600,000
Previous Owner $205,000
Previous Owner $200,000
Previous Owner $241,500
Previous Owner $162,400
Previous Owner $108,796
Previous Owner $109,151
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/16/2017 08/16/17 Sold $879,000 0.0% $275 / Sq Ft
06/11/2017 06/11/17 Price Changed $879,000 +2.3% $275 / Sq Ft
06/09/2017 06/09/17 Price Changed $859,000 -2.3% $268 / Sq Ft
06/06/2017 06/06/17 Price Changed $879,000 -2.2% $275 / Sq Ft
06/03/2017 06/03/17 Price Changed $899,000 -5.3% $281 / Sq Ft
05/21/2017 05/21/17 For Sale $949,000 -- $297 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,262 $1,000,149 $312,902 $687,247
2024 $10,690 $980,539 $306,767 $673,772
2023 $10,690 $961,313 $300,752 $660,561
2022 $10,509 $942,464 $294,855 $647,609
2021 $10,431 $923,985 $289,074 $634,911
2020 $10,316 $914,511 $286,110 $628,401
2019 $10,114 $896,580 $280,500 $616,080
2018 $9,796 $879,000 $275,000 $604,000
2017 $4,746 $418,501 $261,701 $156,800
2016 $4,684 $410,296 $256,570 $153,726
2015 $4,624 $404,135 $252,717 $151,418
2014 $4,306 $396,219 $247,767 $148,452
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG17112891

California Regional Multiple Listing Service (CRMLS)

APN: 170-180-041

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