NOT LISTED FOR SALE

Estimated Value: $1,006,333 - $1,134,000

4 Beds
4 Baths
1,931 Sq Ft
$556/Sq Ft Est. Value

Last Sold January 28, 2020

Last sale price $750,000 $388 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,455/month

29 Days on Market

Highlights

  • Traditional Architecture
  • Cul-De-Sac
  • Tile Flooring
  • Private Yard
  • Laundry Room
  • 4-minute walk to Hobert Park

About This Home

As of January 2020

A great opportunity for investors. This well maintained duplex is located on a quiet Cul-De-Sac street, close to fwy, schools and shopping. Each unit consists of 2 bedrooms, 2 bathrooms and a two car garage with garage door openers. There is direct access into garage from unit. Laundry hookups are located in each garage. Other features include forced air heating, newer water heaters, ceiling fan in kitchen, copper re-pipe (per Seller), dishwasher, free standing range, and R19 insulation in attic (per Seller). Front unit - kitchen has fridge and new garbage disposal. Ceramic tile flooring in hallway bathroom. Sink and granite counter top in master bathroom were installed a little over a year ago. Rear unit - recently painted, "wood grain design" vinyl flooring, gas fireplace, master bathroom shower was installed last year. Each unit has a private patio and is separately metered for gas and electricity.

Last Agent to Sell the Property

Helen Yee

The Realestate Group License #00887538 Listed on: 11/15/2019

The Realestate Group

Co-Listed By

Carolyn Jurgelewicz

The Realestate Group License #01506819

Last Buyer's Agent

Hamid Lashkari

Buena Properties License #01809560

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,818

Year Built

  • Built in 1970

Lot Details

  • 7,140 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Wood Fence
  • Landscaped
  • Level Lot
  • Private Yard
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 1,931 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 85
  • Tax Tract Number 196804

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $734
  • Water Sewer Expense $1,800
  • New Taxes Expense $9,700
  • Operating Expense $12,234
  • Gross Income $48,600
  • Net Operating Income $35,646

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,818

Year Built

Built in 1970

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Ventura
  • View: No
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 388.40
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Water Heater
  • Electric: 220 Volts in Garage, Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Landscaped, Level with Street, Yard
  • Lot Size Sq Ft: 7140.00
  • Lot Size Acres: 0.1639

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 48600.00
  • Gross Scheduled Income: 48600.00
  • Insurance Expense: 734.00
  • Lot Size Area: 7140.0000 Square Feet
  • Net Operating Income: 35646.00
  • 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
  • Number With Carpet: 1
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 12954.00
  • Rent Control: No
  • Total Actual Rent: 4050.00
  • Total Expenses: 12234.00

Tax Info

  • New Taxes Expense: 9700.00
  • Tax Lot: 85
  • Tax Tract Number: 196804

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Dec 20, 2019
Sold by
Dolton Paul Howard and Dolton Nancy Gail
Bought by
Lashkari Haady and Lashkari Anita Rizi
Seller's Agent
Helen Yee
The Realestate Group
Buyer's Agent
Hamid Lashkari
Buena Properties
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Current Estimated Value
$1,073,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,583
Avg. Annual Appreciation
6.68%
Original Mortgage
$562,500
Outstanding Balance
$499,279
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$580,914

Purchase Details

Closed on
Nov 3, 2014
Sold by
Reiher John and Reiher Jason
Bought by
Dolton Paul Howard and Dolton Nancy Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2005
Sold by
Reiher Edward W and Reiher Virginia K
Bought by
Edward W Reiher Living Trust and Reiher Edward Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 19, 2004
Sold by
Edward W Reiher Living Trust and Reiher Edward Walter
Bought by
Edward W Reiher Living Trust and Reiher Edward Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 28, 2004
Sold by
Edward W Reiher Living Trust and Reiher Edward Walter
Bought by
Edward W Reiher Living Trust and Reiher Edward Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,701
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2002
Sold by
Reiher Edward W and Reiher Virginia K
Bought by
Edward W Reiher Living Trust and Reiher Edward Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.29%

Purchase Details

Closed on
Dec 30, 1999
Sold by
Reiher Edward W
Bought by
The Edward W Reiher Living Trust and Reiher Edward Walter

Purchase Details

Closed on
Nov 12, 1998
Sold by
Reiher Edward W and Reiher Virginia K
Bought by
Reiher Edward W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,700
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lashkari Haady $750,000 Stewart Title Of Ca Inc
Dolton Paul Howard $620,000 Fidelity National Title Co
Edward W Reiher Living Trust -- Fidelity National Title Co
Reiher Edward W -- Fidelity National Title Co
Edward W Reiher Living Trust -- Fidelity National Title Comp
Edward W Reiher Living Trust -- Fidelity National Title Co
Edward W Reiher Living Trust -- Fidelity National Title Co
Reiher Edward W -- Fidelity National Title Co
The Edward W Reiher Living Trust -- --
Reiher Edward W -- American Title Co
Reiher Virginia K -- American Title Co
Reiher Edward W -- American Title Co
Reiher Edward W -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lashkari Haady $562,500
Previous Owner Dolton Paul Howard $434,000
Previous Owner Reiher Edward W $452,000
Previous Owner Edward W Reiher Living Trust $66,000
Previous Owner Edward W Reiher Living Trust $333,701
Previous Owner Reiher Edward W $300,000
Previous Owner The Edward W Reiher Living Trust $50,000
Previous Owner Reiher Edward W $159,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2020 01/28/20 Sold $750,000 -3.2% $388 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $775,000 -- $401 / 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 $8,818 $820,231 $612,440 $207,791
2024 $8,818 $804,149 $600,432 $203,717
2023 $8,719 $788,382 $588,659 $199,723
2022 $8,101 $772,924 $577,117 $195,807
2021 $7,962 $757,769 $565,801 $191,968
2020 $7,179 $681,338 $521,993 $159,345
2019 $7,049 $667,979 $511,758 $156,221
2018 $6,930 $654,882 $501,724 $153,158
2017 $6,803 $642,042 $491,887 $150,155
2016 $6,684 $629,454 $482,243 $147,211
2015 $6,577 $620,000 $475,000 $145,000
2014 $1,954 $174,559 $38,777 $135,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19253864

California Regional Multiple Listing Service (CRMLS)

APN: 088-0-191-045