NOT LISTED FOR SALE

Estimated Value: $670,000 - $871,000

4 Beds
4 Baths
1,920 Sq Ft
$403/Sq Ft Est. Value

Last Sold March 04, 2016

Last sale price $450,000 $234 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,917/month

65 Days on Market

About This Home

As of March 2016

Great investment opportunity to live in one and rent 3 units. These units will be totally rehabbed, All units are vacant.

Last Agent to Sell the Property

Edison Echeverry

Keller Williams Realty License #01224344 Listed on: 02/15/2016

Keller Williams Realty

Last Buyer's Agent

Sally Wu

Coldwell Banker Dynansty License #01253841

Coldwell Banker Dynansty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,091

Year Built

  • Built in 1929

Lot Details

  • 7,038 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Parking Spaces

Home Design

  • 1,920 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 8342011014

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $600
  • New Taxes Expense $3,629

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,091

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Zoning: POC4
  • Property Type: Residential Income
  • Parcel Number: 8342011014
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 234.38
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 7038.00
  • Price Per Lot Square Foot: 63.94
  • Lot Size Acres: 0.1620

Multi Family

  • Insurance Expense: 1200.00
  • Lot Size Area: 7038.0000 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
  • Total Actual Rent: 3800.00

Tax Info

  • New Taxes Expense: 3629.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
Feb 26, 2016
Sold by
Grace Property Investments Llc
Bought by
Lin Xiu Qing and Xiu Qing Lin Family Trust
Seller's Agent
Edison Echeverry
Keller Williams Realty
Buyer's Agent
Sally Wu
Coldwell Banker Dynansty
List Price
$450,000
Sold Price
$450,000
Total Days on Market
65
Current Estimated Value
$774,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,333
Avg. Annual Appreciation
6.02%

Purchase Details

Listed on
Apr 23, 2015
Closed on
Sep 30, 2015
Sold by
Larios Genaro
Bought by
Grace Property Investments Llc
Seller's Agent
ROBERT WINTERS
RE/MAX TIME REALTY
Buyer's Agent
ROBERT WINTERS
RE/MAX TIME REALTY
List Price
$379,900
Sold Price
$235,000
Premium/Discount to List
-$144,900
-38.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
478.83%
Original Mortgage
$292,000
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2003
Sold by
Madrigal Javier
Bought by
Larios Genaro

Purchase Details

Closed on
Feb 21, 2003
Sold by
Maldonado Robert J
Bought by
Madrigal Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
6.75%

Purchase Details

Closed on
Jan 29, 2002
Sold by
Maldonado Tina L
Bought by
Maldonado Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
7.15%

Purchase Details

Closed on
Dec 4, 2001
Sold by
Valdez Luis J
Bought by
Maldonado Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
7.15%

Purchase Details

Closed on
Apr 11, 2000
Sold by
Rede Luciano Tr Rede Family Trust
Bought by
Valdez Luis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.73%

Purchase Details

Closed on
Mar 15, 1996
Sold by
Rede Luciano and Rede Teresa H
Bought by
Rede Luciano and Rede Teresa H
Source: Public Records

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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
Lin Xiu Qing $450,000 Fatcola
Grace Property Investments Llc $235,000 Fidelity National Title Co
Larios Genaro -- Fidelity National Title Co
Larios Genaro -- --
Madrigal Javier $218,000 Chicago Title Co
Madrigal Javier $218,000 Chicago Title Co
Maldonado Robert J -- First American Title Co
Maldonado Robert J $154,000 First American Title Co
Valdez Luis J $115,000 Fidelity National Title
Rede Luciano -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grace Property Investments Llc $292,000
Previous Owner Larios Genaro $484,000
Previous Owner Larios Genaro $60,500
Previous Owner Larios Genaro $463,000
Previous Owner Larios Genaro $48,000
Previous Owner Larios Genaro $376,000
Previous Owner Larios Genaro $80,000
Previous Owner Larios Genaro $240,000
Previous Owner Madrigal Javier $43,600
Previous Owner Madrigal Javier $174,400
Previous Owner Maldonado Robert J $123,200
Previous Owner Valdez Luis J $92,000
Closed Valdez Luis J $11,500
Closed Maldonado Robert J $15,400
Closed Madrigal Javier $43,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2016 03/04/16 Sold $450,000 0.0% $234 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
11/30/2015 11/30/15 For Sale $450,000 +91.5% $234 / Sq Ft
10/20/2015 10/20/15 Sold $235,000 -38.1% $122 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
09/09/2013 09/09/13 For Sale $379,900 -- $198 / 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 $7,091 $522,259 $290,145 $232,114
2023 $6,952 $512,019 $284,456 $227,563
2022 $6,838 $501,980 $278,879 $223,101
2021 $6,678 $492,138 $273,411 $218,727
2020 $6,657 $487,093 $270,608 $216,485
2019 $6,813 $477,543 $265,302 $212,241
2018 $6,283 $468,180 $260,100 $208,080
2016 $3,427 $235,000 $135,000 $100,000
2015 $3,629 $257,886 $118,296 $139,590
2014 $3,583 $252,835 $115,979 $136,856
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15254426

California Regional Multiple Listing Service (CRMLS)

APN: 8342-011-014