NOT LISTED FOR SALE

Estimated Value: $563,000 - $732,000

4 Beds
2 Baths
1,404 Sq Ft
$460/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $518,000 $369 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,134/month

34 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 2 Car Garage
  • Separate Outdoor Workshop
  • Living Room
  • Wrought Iron Fence

About This Home

As of May 2022

** 2 UNITS ** GREAT INVESTMENT OPPORTUNITY ** POSSIBLE THIRD UNIT CONVERSION OPPORTUNITY IN BACK ** True duplex with each existing unit 2bd/1ba. Separate structure in back with access via paved driveway contains 2-car garage plus a storage/workshop area with some improvements already in. Shopping, services, schools nearby. Easy freeway access. DO NOT GO ON PROPERTY OR CONTACT TENANTS.

Last Agent to Sell the Property

Brian Bean

BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS License #01346382 Listed on: 03/11/2022

BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS

Co-Listed By

VALERIE JAUREGUI

BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS License #01981363

Last Buyer's Agent

Maria Barraza

G & V Options & Solutions Inc License #02062381

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,751

Year Built

  • Built in 1983

Lot Details

  • 4,601 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Rectangular Lot
  • Corners Of The Lot Have Been Marked

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Duplex
  • Additions or Alterations
  • Slab Foundation

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Rain Gutters

Additional Features

  • Urban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 44
  • Assessor Parcel Number 5103025014
  • $266 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $5,960
  • Gross Income $30,900
  • Net Operating Income $24,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,751

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 4.15
  • Price Per Unit: 275000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR2
  • Property Condition: Additions/Alterations
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5103025014
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 368.95
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Slab
  • Other Structures: Storage, Workshop
  • Fence: Yes
  • Fencing: Block, Wood, Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage - Single Door, On Site
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corners Marked, Rectangular Lot
  • Lot Size Sq Ft: 4601.00
  • Lot Size Acres: 0.1056
  • Latitude Manual: 33.99437800

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 702 Square Feet
  • Gross Income: 30900.00
  • Gross Scheduled Income: 18700.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4601.0000 Square Feet
  • Net Operating Income: 24940.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 5960.00
  • Rent Control: No
  • Total Actual Rent: 2575.00
  • Total Expenses: 5960.00

Tax Info

  • Tax Census Tract: 2294.20
  • Tax Lot: 44
  • Tax Tract Number: 00000
  • TaxOtherAnnualAssessmentAmount: 266.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2004
Sold by
Nunez Irene
Bought by
Nunez Arthur and Nunez Irene
Current Estimated Value
$645,339

Purchase Details

Closed on
Feb 19, 1997
Sold by
Llamas Alfredo C
Bought by
Nunez Irene

Purchase Details

Closed on
Aug 8, 1994
Sold by
Llamas Pedro
Bought by
Llamas Alfredo Castro

Purchase Details

Closed on
Sep 27, 1993
Sold by
Llamas Pedro
Bought by
Llamas Pedro
Source: Public Records

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 Buyer Sale Price Title Company
Nunez Arthur -- Lawyers Title Landamerica
Nunez Irene -- --
Llamas Alfredo Castro -- --
Llamas Pedro -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Nunez Arthur $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $518,000 -5.8% $369 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $550,000 0.0% $392 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $550,000 -- $392 / 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
2024 $6,751 $538,927 $393,271 $145,656
2023 $6,622 $528,360 $385,560 $142,800
2022 $2,962 $230,190 $107,421 $122,769
2021 $2,921 $225,677 $105,315 $120,362
2019 $2,837 $218,986 $102,193 $116,793
2018 $2,772 $214,693 $100,190 $114,503
2016 $2,639 $206,357 $96,300 $110,057
2015 $2,602 $203,258 $94,854 $108,404
2014 $2,623 $199,277 $92,996 $106,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22049044

California Regional Multiple Listing Service (CRMLS)

APN: 5103-025-014