NOT LISTED FOR SALE

Estimated Value: $905,000 - $1,164,951

6 Beds
6 Baths
3,116 Sq Ft
$342/Sq Ft Est. Value

Sale Details

Date Sold: December 20, 2016

Last sale price $677,000 $217 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,588 / mo

11 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • Wall Furnace
  • Corner Lot
  • Fenced
  • Back and Front Yard

About This Home

As of December 2016

Whoah! Beautiful bread n' butter units in most desire able area, walking distance to Beverly Blvd shops , Montebello adjacent! Long time owner has made gradual improvements to the home. 3 garages PLUS another 2 car garage! Newer windows, laminate floors, water heaters. Nice curb appeal. Beautiful large LOT, extraordinary value found here. .Front 2 units are one stories, the rear 2 units are 2 story's, and built in '75- each with 1.5 baths. Addresses are actually 475, 475 1/2, 479 and 479 1/2 Offers MUST be subject to interior inspection, absolutely do not approach the tenants or walk the property, owner doesn't want solid tenants/families disturbed . All Information is provided in good faith from public and owner's sources, but not guaranteed. Buyer and their agents to inspect and satisfy themselves according to contract. Agents pls see remarks prior to submitting offers. Buyer cross qualifiy with seller's preferred lender, seller to approve of any work requirement, fees, etc if any. Seller's choice of services. 3% earnest money. Please present ALL VERIFICATIONS in one complete package. Thanks for your interest-these will be sell soon-please have a good day and call call call!

Last Agent to Sell the Property

Lydia Santa Cruz

Lydia Santa Cruz License #00690049 Listed on: 11/02/2016

Last Buyer's Agent

Lydia Santa Cruz

Lydia Santa Cruz License #00690049 Listed on: 11/02/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,113

Year Built

  • Built in 1957

Lot Details

  • 8,584 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in average condition
  • Corner Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Back and Front Yard

Parking

  • 5 Car Garage

Home Design

  • Split Level Home
  • Entry on the 1st floor
  • Interior Block Wall

Interior Spaces

  • 3,116 Sq Ft Home
  • Insulated Doors
  • Laminate Flooring
  • Gas Oven

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Wall Furnace
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 387 / 8584
  • Tax Tract Number 5445
  • Assessor Parcel Number 6341014029

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $954
  • Trash Expense $200
  • Water Sewer Expense $2,400
  • New Taxes Expense $7,238
  • Operating Expense $4,267
  • Gross Income $35,400
  • Net Operating Income $46,133

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,113

Year Built

Built in 1957

Lot Details

8,584 Sq Ft Lot

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LCR3*
  • Property Type: Residential Income
  • Parcel Number: 6341014029
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Block Walls
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Door Features: Insulated Doors
  • Entry Level: 1
  • Levels: Multi/Split
  • Price Per Square Foot: 217.27

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Corners Marked, Front Yard, Level with Street, Near Public Transit
  • Lot Size Sq Ft: 8584.00
  • Lot Size Acres: 0.1971

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 35400.00
  • Gross Operating Income: 50400.00
  • Gross Scheduled Income: 4200.00
  • Insurance Expense: 954.00
  • Lot Size Area: 8584.0000 Square Feet
  • Net Operating Income: 46133.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 4267.00
  • Rent Control: No
  • Total Expenses: 4267.00

Tax Info

  • New Taxes Expense: 7238.00
  • Tax Block: 8584
  • Tax Census Tract: 5303.02
  • Tax Lot: 387
  • Tax Tract Number: 5445
  • Tax Annual Amount: 3113.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2016
Closed on
Dec 12, 2016
Sold by
Veyna Elena and The Veyna Trust
Bought by
Ho Dat Shing and Ho Wendy
Seller's Agent
Lydia Santa Cruz
Lydia Santa Cruz
Buyer's Agent
Lydia Santa Cruz
Lydia Santa Cruz
List Price
$658,800
Sold Price
$677,000
Premium/Discount to List
$18,200
2.76%
Current Estimated Value
$1,064,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,488
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Oct 3, 2012
Sold by
Veyna Elena and The Veyna Trust
Bought by
Veyna Elena and The Veyna Trust

Purchase Details

Closed on
Aug 15, 1996
Sold by
Veyna Elena and Ortiz Angie
Bought by
Veyna Elena and Veyna Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ho Dat Shing $677,000 None Available
Veyna Elena -- None Available
Veyna Elena -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2016 12/20/16 Sold $677,000 +2.8% $217 / Sq Ft
11/13/2016 11/13/16 Pending -- -- --
11/13/2016 11/13/16 For Sale $658,800 -2.7% $211 / Sq Ft
11/11/2016 11/11/16 Off Market $677,000 -- --
11/02/2016 11/02/16 For Sale $658,800 -- $211 / 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 $11,332 $785,710 $471,195 $314,515
2024 $11,332 $770,305 $461,956 $308,349
2023 $11,002 $755,202 $452,899 $302,303
2022 $10,656 $740,395 $444,019 $296,376
2021 $10,318 $725,878 $435,313 $290,565
2019 $9,958 $704,350 $422,402 $281,948
2018 $10,063 $690,540 $414,120 $276,420
2016 $3,167 $124,221 $28,975 $95,246
2015 $3,113 $122,356 $28,540 $93,816
2014 $3,060 $119,960 $27,981 $91,979
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR16708127

California Regional Multiple Listing Service (CRMLS)

APN: 6341-014-029

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