NOT LISTED FOR SALE

Estimated Value: $716,000 - $786,899

6 Beds
2 Baths
1,680 Sq Ft
$447/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $620,000 $369 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,808/month

144 Days on Market

Highlights

  • Radiant Heating System
  • Back Yard
  • 1-Story Property

About This Home

As of March 2023

A great opportunity is here, 2 units on 1 lot! Live in one and rent out the other. This home is not in a rent control area. Both units are in great condition and offer parking in the back with alley access. Add units on top as the other homes in the area have done and increase your cash flow. Each unit consists of 3 bedrooms and 1 bathroom.

Last Agent to Sell the Property

Alma Tamayo

KAM Financial Realty License #02035232 Listed on: 08/18/2022

Last Buyer's Agent

JUAN FLORES

BIG BLOCK POWERHOUSE REALTY License #01790240

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,391

Year Built

  • Built in 1961

Lot Details

  • 3,000 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 4 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Additional Features

  • Urban Location
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 3 / 8
  • Tax Tract Number 6401
  • Assessor Parcel Number 6052017003
  • $764 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $2,400
  • Net Operating Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,391

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Price Per Unit: 310000
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR4
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6052017003
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 369.05
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Radiant
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 3000.00
  • Lot Size Acres: 0.0689

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 3000.0000 Square Feet
  • Net Operating Income: 38400.00
  • 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: 2400.00
  • Rent Control: No
  • Total Expenses: 2400.00

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 2406.00
  • Tax Lot: 3
  • Tax Tract Number: 6401
  • TaxOtherAnnualAssessmentAmount: 764.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Mar 14, 2023
Sold by
Flores Judith Veronica
Bought by
Lopez Miguel Angel
Seller's Agent
Alma Tamayo
KAM Financial Realty
Buyer's Agent
JUAN FLORES
BIG BLOCK POWERHOUSE REALTY
List Price
$620,000
Sold Price
$620,000
Views
15
Current Estimated Value
$750,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,475
Avg. Annual Appreciation
4.37%

Purchase Details

Closed on
Dec 29, 2022
Sold by
Lopez Jose A and Lopez Josefina
Bought by
Miranda Stephanie Monique and Flores Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,770
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2005
Sold by
Solis Catalina
Bought by
Lopez Jose A and Lopez Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,500
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 8, 2004
Sold by
Cyprus Jane Dellen
Bought by
Cyprus Brett M

Purchase Details

Closed on
Jul 16, 2004
Sold by
East End Properties Inc
Bought by
Solis Catalina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Cyprus Jane Dellen
Bought by
Cyprus Brett M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2004
Sold by
Coy Mikal
Bought by
Cyprus Brett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2004
Sold by
Coy Mikal
Bought by
Avestar Entertainment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2003
Sold by
Coy Mikal
Bought by
Jones Felton and Coy Mikal

Purchase Details

Closed on
Jun 12, 2003
Sold by
Marks Andeya
Bought by
Marks Andeya

Purchase Details

Closed on
Jun 5, 2003
Sold by
Marks Andeya
Bought by
Marks Deane

Purchase Details

Closed on
Mar 7, 2003
Sold by
Marks Andeya
Bought by
Coy Mikal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2002
Sold by
Shahco Inc
Bought by
Marks Andeya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.94%

Purchase Details

Closed on
Dec 11, 2000
Sold by
Ocwen Financial Services Inc
Bought by
Shahco Inc

Purchase Details

Closed on
Jul 27, 2000
Sold by
Vega David
Bought by
Ocwen Financial Services Inc

Purchase Details

Closed on
Oct 15, 1998
Sold by
Vega David
Bought by
Smith Kathy and Sanchez Oscar

Purchase Details

Closed on
May 21, 1998
Sold by
Cristina Cynthia
Bought by
Vega David and Vega Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
10.75%

Purchase Details

Closed on
Apr 4, 1996
Sold by
Espinoza Lorenzo
Bought by
Cristina Cynthia

Purchase Details

Closed on
May 3, 1995
Sold by
Great Western Bank Fsb
Bought by
Espinoza Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
8.47%

Purchase Details

Closed on
Jun 17, 1994
Sold by
California Reconveyance Company
Bought by
Great Western Bank Fsb
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
Lopez Miguel Angel -- Fidelity National Title
Miranda Stephanie Monique $2,536,363 Fidelity National Title
Lopez Jose A $430,000 Chicago Title
Cyprus Brett M -- Southland Title
Solis Catalina $355,000 Southland Title
Solis Catalina $335,000 Southland Title
East End Properties Inc -- --
Cyprus Brett M -- Southland Title Corporation
Cyprus Brett $242,900 --
Avestar Entertainment Llc -- Alliance
Jones Felton -- --
Marks Andeya -- Provident Title Company
Marks Deane -- --
Coy Mikal $260,000 Provident Title Company
Marks Andeya $166,000 Fidelity National Title Co
Shahco Inc $117,000 Fidelity National Title Co
Ocwen Financial Services Inc $153,563 Fidelity National Title
Smith Kathy -- --
Vega David $189,000 Fidelity National Title Ins
Cristina Cynthia -- --
Espinoza Lorenzo $51,000 Continental Land Title
Espinoza Lorenzo -- Continental Land Title
Great Western Bank Fsb $63,189 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miranda Stephanie Monique $608,770
Previous Owner Lopez Jose A $21,500
Previous Owner Lopez Jose A $344,000
Previous Owner Solis Catalina $12,500
Previous Owner Solis Catalina $284,000
Previous Owner Cyprus Brett M $224,000
Previous Owner Coy Mikal $223,250
Previous Owner Marks Andeya $166,000
Previous Owner Vega David $141,750
Previous Owner Espinoza Lorenzo $44,000
Closed Vega David $18,900
Closed Solis Catalina $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $620,000 0.0% $369 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
12/08/2022 12/08/22 For Sale $620,000 0.0% $369 / Sq Ft
12/07/2022 12/07/22 Off Market $620,000 -- --
11/19/2022 11/19/22 Price Changed $620,000 -2.4% $369 / Sq Ft
10/04/2022 10/04/22 Price Changed $635,000 -2.3% $378 / Sq Ft
08/18/2022 08/18/22 For Sale $650,000 -- $387 / 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 $8,391 $645,048 $416,160 $228,888
2024 $8,391 $632,400 $408,000 $224,400
2023 $7,571 $564,798 $354,642 $210,156
2022 $7,237 $553,725 $347,689 $206,036
2021 $7,144 $542,869 $340,872 $201,997
2019 $6,934 $526,768 $330,762 $196,006
2018 $6,536 $490,000 $307,700 $182,300
2016 $4,794 $350,000 $235,000 $115,000
2015 $4,783 $350,000 $235,000 $115,000
2014 $4,489 $318,000 $212,700 $105,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22181711

California Regional Multiple Listing Service (CRMLS)

APN: 6052-017-003