NOT LISTED FOR SALE

Estimated Value: $614,000 - $906,000

1 Bed
1 Bath
3,908 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $340,000 $87 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $4,423/month

Highlights

  • Traditional Architecture
  • No HOA
  • Laundry Room
  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Chain Link Fence

About This Home

As of October 2017

Amazing Investment Opportunity! Can be Perfect for Owner Occupied Investors. Own a Single Story 4-Plex/4 Units, located near shopping and transportation. Easy access to Fwy. Each unit is 1 Bed, 1 Bath. Detached Covered Parking for each unit. Fenced Yard. 1,884 of total living sq.ft. and lot size of 6,550 sq.ft. Gross Monthly Rent $2,085/mo. To be sold together with neighboring units: 0144-222-38-0000. Both parcels are 4 Units each, Great for Investment or Owner use. Property needs TLC.

Last Agent to Sell the Property

Kim Thomson

Equity Union License #01312624 Listed on: 07/21/2017

Last Buyer's Agent

Ives Lopez

Apartment Investing Realty, Inc. License #01232368

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,888

Year Built

  • Built in 1952

Lot Details

  • 6,550 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Private Yard
  • Front Yard

Parking

  • 8 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Quadruplex
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Stucco

Interior Spaces

  • 3,908 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Gas Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 7
  • Tax Tract Number 7012
  • Assessor Parcel Number 0144222370000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 8 Units
  • Valley

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Gardener Expense $900
  • Insurance Expense $4,600
  • Professional Management Expense $2,700
  • New Taxes Expense $8,775
  • Operating Expense $16,975
  • Gross Income $51,480
  • Net Operating Income $34,505

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,888

Year Built

Built in 1952

Lot Details

0

Parking

8

Listing Details

  • Assessments: No
  • Professional Management Expense: 2700.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 0144222370000
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 174.51
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Other
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 6550.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Gross Income: 51480.00
  • Gross Scheduled Income: 51480.00
  • Insurance Expense: 4600.00
  • Net Operating Income: 34505.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Number With Range: 8
  • Operating Expense: 16975.00
  • Rent Control: No
  • Total Actual Rent: 4290.00
  • Total Expenses: 16975.00

Tax Info

  • New Taxes Expense: 8775.00
  • Tax Census Tract: 47.00
  • Tax Lot: 7
  • Tax Tract Number: 7012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2018
Sold by
Barrera John J and Barrera Helen M
Bought by
Barrier Properties Llc
Current Estimated Value
$767,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2018
Sold by
Barrier Properties Llc
Bought by
Barrera John J and Barrera Helen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2017
Closed on
Oct 27, 2017
Sold by
Asmar Georae Hanna Maximos
Bought by
Barrier Properties Llc
Seller's Agent
Kim Thomson
Equity Union
Buyer's Agent
Ives Lopez
Apartment Investing Realty, Inc.
List Price
$675,000
Sold Price
$682,000
Premium/Discount to List
$7,000
1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.48%

Purchase Details

Closed on
Jun 28, 2011
Sold by
Asmar George H and Asmar Rose Marie B
Bought by
Asmar George Hanna Maximos and Asmar Rose Marie Boutros

Purchase Details

Closed on
Jun 23, 2011
Sold by
Asmar George H and Asmar Rose Marie B
Bought by
Asmar George H and Asmar Rose Marie B
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
Barrier Properties Llc -- None Available
Barrera John J -- Service Link
Barrier Properties Llc $340,000 Fatcola
Asmar George Hanna Maximos -- None Available
Asmar George H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrera John J $238,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2017 10/31/17 Sold $340,000 0.0% $180 / Sq Ft View Prior Sale
10/31/2017 10/31/17 Sold $340,000 -50.1% $180 / Sq Ft View Prior Sale
10/31/2017 10/31/17 Sold $682,000 +1.0% $175 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
07/29/2017 07/29/17 Pending -- -- --
07/29/2017 07/29/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $675,000 +90.1% $173 / Sq Ft
05/26/2017 05/26/17 For Sale $355,000 0.0% $188 / Sq Ft
05/09/2017 05/09/17 For Sale $355,000 -- $188 / 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 $4,888 $386,863 $56,892 $329,971
2024 $4,888 $379,277 $55,776 $323,501
2023 $4,766 $371,840 $54,682 $317,158
2022 $4,776 $364,549 $53,610 $310,939
2021 $4,786 $357,401 $52,559 $304,842
2020 $4,800 $353,736 $52,020 $301,716
2019 $4,656 $346,800 $51,000 $295,800
2018 $4,603 $340,000 $50,000 $290,000
2017 $2,205 $158,515 $15,850 $142,665
2016 $2,139 $155,407 $15,539 $139,868
2015 $2,028 $153,073 $15,306 $137,767
2014 $1,971 $150,074 $15,006 $135,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17168004

California Regional Multiple Listing Service (CRMLS)

APN: 0144-222-37