NOT LISTED FOR SALE

Estimated Value: $639,000 - $896,000

2 Beds
1 Bath
2,058 Sq Ft
$380/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $780,000 $379 Per Sq Ft

Current estimated payment $4,809/month

4 Days on Market

Highlights

  • 0.51 Acre Lot
  • Laundry Room
  • 1-Story Property
  • No HOA
  • No Heating

About This Home

As of December 2023

REO - Rehab-Sweat Equity Investors... Here is the project you keep asking for! 1 SFR and 1 Duplex located on 1/2 acre with potential for more income??? All units are now ready to prepare for your new tenant. Perfect opportunity to convert effort for excellent cashflow opportunities. Nothing like this on the market today. IT's A GREAT DAY!!!

Last Agent to Sell the Property

Darrell Isaacs

Genesis Real Estate Group License #00556614 Listed on: 11/30/2023

Last Buyer's Agent

Ivan Miglaw

RE/MAX Gold License #01252413

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 0.51 Acre Lot
  • 1 Common Wall
  • No Landscaping

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2,058 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Location

  • Suburban Location

Utilities

  • No Heating
  • Well

Listing and Financial Details

  • Tax Lot 2290713300
  • Tax Tract Number 1598
  • Assessor Parcel Number 2290713300
  • $32 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • Gross Income $72,000
  • Net Operating Income $72,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: R-1:SINGLE FAM-RES
  • Property Type: Residential Income
  • Parcel Number: 2290713300
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 379.01

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 22273.00
  • Lot Size Acres: 0.5113

Multi Family

  • Gross Income: 72000.00
  • Gross Scheduled Income: 72000.00
  • Lot Size Area: 22273.0000 Square Feet
  • Net Operating Income: 72000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 2290713300
  • Tax Tract Number: 001598
  • TaxOtherAnnualAssessmentAmount: 32.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Dec 15, 2023
Sold by
Glh Investment Trust
Bought by
Jose And Serafina Velasco 2015 Trust and Velasco
Seller's Agent
Darrell Isaacs
Genesis Real Estate Group
Buyer's Agent
Ivan Miglaw
RE/MAX Gold
List Price
$648,888
Sold Price
$780,000
Premium/Discount to List
$131,112
20.21%
Views
108
Current Estimated Value
$782,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,066
Avg. Annual Appreciation
0.13%

Purchase Details

Closed on
Sep 28, 2022
Sold by
Affinia Default Services Llc
Bought by
Terwin Mortgage Trust and Us Bank National Association

Purchase Details

Closed on
Sep 16, 2022
Sold by
Charity New Hope
Bought by
Glh Investment Trust

Purchase Details

Closed on
Sep 14, 2022
Sold by
Charity New Hope
Bought by
Glh Investment Trust

Purchase Details

Closed on
Sep 7, 2022
Sold by
Western Progressive Llc
Bought by
Charity New Hope

Purchase Details

Closed on
Jan 24, 2005
Sold by
Mercado Blanca Olivia
Bought by
Zepeda Pedro Gonzalez

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
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2005
Sold by
Anderson Mark David
Bought by
Zepeda Pedro Gonzalez

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
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1998
Sold by
Anderson Susan Landers
Bought by
Anderson Mark David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
9.45%

Purchase Details

Closed on
Dec 10, 1998
Sold by
Erwin Beulah M
Bought by
Anderson Mark David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
9.45%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jose And Serafina Velasco 2015 Trust $780,000 First American Title
Terwin Mortgage Trust $77,444 Servicelink
Glh Investment Trust -- --
Glh Investment Trust -- --
Charity New Hope $402,000 --
Zepeda Pedro Gonzalez -- National Title San Diego
Zepeda Pedro Gonzalez $375,000 National Title San Diego
Anderson Mark David -- First American Title
Anderson Mark David $135,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zepeda Pedro Gonzalez $300,000
Previous Owner Anderson Mark David $108,000
Closed Anderson Mark David $13,500
Closed Zepeda Pedro Gonzalez $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2023 12/20/23 Sold $780,000 +20.2% $379 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $648,888 -- $315 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,922 $795,600 $663,000 $132,600
2024 $8,922 $780,000 $650,000 $130,000
2023 $7,644 $670,000 $495,000 $175,000
2022 $5,679 $492,533 $407,162 $85,371
2021 $5,588 $482,877 $399,179 $83,698
2020 $5,555 $477,926 $395,086 $82,840
2019 $5,421 $468,556 $387,340 $81,216
2018 $5,271 $459,370 $379,746 $79,624
2017 $5,068 $440,000 $275,000 $165,000
2016 $4,612 $400,000 $250,000 $150,000
2015 $4,643 $400,000 $250,000 $150,000
2014 $2,622 $230,000 $230,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2309180

California Regional Multiple Listing Service (CRMLS)

APN: 229-071-33