NOT LISTED FOR SALE

Estimated Value: $822,000 - $897,000

8 Beds
4 Baths
2,464 Sq Ft
$350/Sq Ft Est. Value

Last Sold July 23, 2014

Last sale price $462,000 $188 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,284/month

7 Days on Market

About This Home

As of July 2014

Standard Sale. 4 units in a solid rental area. All units have 2beds /1bath. All units were thoroughly rehabbed and upgraded in 2009/2010. The units have updated cabinetry and granite counter tops in the kitchen, remodeled bathrooms with ceramic tile tub/shower enclosures, new water heaters and wall heaters (2009), Ultra durable wood grain laminate style flooring throughout. 8 total parking spaces on a large corner lot. Excellent cash flow property with strong rents.

Last Agent to Sell the Property

Megan Edner

Edner & Associates Real Estate Services License #01437099 Listed on: 05/12/2014

Last Buyer's Agent

Megan Edner

Edner & Associates Real Estate Services License #01437099 Listed on: 05/12/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,071

Year Built

  • Built in 1964

Lot Details

  • 6,929 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Home Design

  • 2,464 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 3849
  • Assessor Parcel Number 6039008041

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,071

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6039008041
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 187.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6929.00
  • Lot Size Acres: 0.1590

Multi Family

  • Lot Size Area: 6929.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 3849
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2020
Sold by
Valencia Maria and Valencia Maria B
Bought by
Valencia Maria and Torres Armando
Current Estimated Value
$861,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Outstanding Balance
$436,616
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$436,663

Purchase Details

Closed on
May 20, 2014
Sold by
Edner Megan
Bought by
Valencia Maria B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2013
Sold by
Edner Megan
Bought by
Edner Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,600
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2009
Sold by
Act Properties Llc
Bought by
Chapman Woods Investments Inc

Purchase Details

Closed on
Sep 21, 2009
Sold by
Chapman Woods Investments Inc
Bought by
Edner Megan

Purchase Details

Closed on
Feb 4, 2008
Sold by
Caceres Rosa Del C
Bought by
Act Properties Llc

Purchase Details

Closed on
Nov 15, 2004
Sold by
Okeke Nelson
Bought by
Caceres Rosa Del C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,500
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2003
Sold by
Obuge Onatebo
Bought by
Okeke Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
10%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 28, 2000
Sold by
L A Community Services Inc
Bought by
Obuge Onatebo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
10%

Purchase Details

Closed on
Jul 12, 2000
Sold by
Hud
Bought by
L A Community Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
10%

Purchase Details

Closed on
Jun 16, 1999
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
May 7, 1998
Sold by
Moran Ramon
Bought by
Lunas Randolph and Soucie Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,144
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 1998
Sold by
Washington Mutual Bank Fa
Bought by
Moran Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.97%

Purchase Details

Closed on
Sep 11, 1997
Sold by
Spearman Alanna D
Bought by
American Svgs Bank Fa
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
Valencia Maria -- Usa National Title Company
Valencia Maria B $462,000 North American Title Co
Edner Megan -- Old Republic Title Company
Chapman Woods Investments Inc $130,000 Lsi Title Company Ca
Edner Megan -- Lsi Title Company
Act Properties Llc $419,985 Landsafe Title
Caceres Rosa Del C $555,000 Commonwealth Land Title Co
Okeke Nelson $350,000 Ltc
Obuge Onatebo $250,000 Investors Title Company
L A Community Services Inc $177,000 Benefit Land Title Company
Hud -- Landsafe Title
Countrywide Home Loans Inc $260,581 Landsafe Title
Lunas Randolph $255,000 Benefit Land Title Company
Moran Ramon $140,000 Investors Title Company
American Svgs Bank Fa $155,242 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valencia Maria $490,000
Closed Valencia Maria B $346,000
Previous Owner Valencia Maria B $346,500
Previous Owner Edner Megan $278,600
Previous Owner Edner Megan $203,000
Previous Owner Caceres Rosa Del C $585,000
Previous Owner Caceres Rosa Del Carmen $20,000
Previous Owner Caceres Rosa Del C $499,500
Previous Owner Okeke Maxwell Nelson $10,000
Previous Owner Okeke Nelson $334,747
Previous Owner Obuge Onatebo $200,000
Previous Owner L A Community Services Inc $162,500
Previous Owner Lunas Randolph $245,144
Previous Owner Moran Ramon $147,000
Closed Obuge Onatebo $37,500
Closed Okeke Nelson $13,389
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2014 07/23/14 Sold $462,000 +7.7% $188 / Sq Ft
05/19/2014 05/19/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $429,000 -- $174 / 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 $7,071 $555,247 $240,367 $314,880
2024 $7,071 $544,360 $235,654 $308,706
2023 $6,945 $533,687 $231,034 $302,653
2022 $6,640 $523,223 $226,504 $296,719
2021 $6,549 $512,964 $222,063 $290,901
2019 $6,363 $497,752 $215,478 $282,274
2018 $6,223 $487,993 $211,253 $276,740
2016 $5,940 $469,045 $203,050 $265,995
2015 $5,857 $462,000 $200,000 $262,000
2014 $2,371 $163,209 $115,827 $47,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14099360

California Regional Multiple Listing Service (CRMLS)

APN: 6039-008-041