NOT LISTED FOR SALE

Estimated Value: $673,000 - $821,000

4 Beds
2 Baths
1,000 Sq Ft
$742/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $645,000 $645 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,583/month

58 Days on Market

About This Home

As of November 2022

BACK TO MARKET!! Great opportunity!! Duplex with 2 rooms, one bathroom each, located in an excellent area. Will be delivered totally vacant. Live in one and rent the other to help pay the mortgage. You will not find anything cheaper in this place. Make your appointment, your buyers will love it. Both have a normal sized room, a slightly smaller one, the kitchen is medium sized and the living room is quite spacious in the 2 units.

Last Agent to Sell the Property

IVAN ANTHONY SOLIS

CENTRAL FINANCIAL AND REALTY License #01128055 Listed on: 07/06/2022

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 4,003 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • 1-Story Property
  • Urban Location

Listing and Financial Details

  • Tax Lot 377
  • Tax Tract Number 8366
  • Assessor Parcel Number 6338022015
  • $1,097 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $120
  • Gross Income $24,000
  • Net Operating Income $4,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 120.00
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Parcel Number: 6338022015
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4003.00
  • Lot Size Acres: 0.0919

Multi Family

  • Gross Income: 24000.00
  • Gross Scheduled Income: 4000.00
  • Lot Size Area: 4003.0000 Square Feet
  • Net Operating Income: 4000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5319.01
  • Tax Lot: 377
  • Tax Tract Number: 8366
  • TaxOtherAnnualAssessmentAmount: 1097.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Oct 28, 2022
Sold by
Moreno Ricardo
Bought by
Canas-Rivas Hugo Enrique and Rivas Bryant Bronson
Seller's Agent
IVAN ANTHONY SOLIS
CENTRAL FINANCIAL AND REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$630,000
Sold Price
$645,000
Premium/Discount to List
$15,000
2.38%
Views
11
Current Estimated Value
$733,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,607
Avg. Annual Appreciation
4.56%
Original Mortgage
$597,221
Outstanding Balance
$577,839
Interest Rate
6.7%
Mortgage Type
FHA
Estimated Equity
$164,515

Purchase Details

Closed on
Nov 22, 2004
Sold by
Moreno Esmeralda V
Bought by
Moreno Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2003
Sold by
Moreno Esmeralda V
Bought by
Moreno Ricardo and Moreno Esmeralda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2000
Sold by
Garcia Sharon A
Bought by
Gracia Esmeralda and Nuno Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,550
Interest Rate
8.62%

Purchase Details

Closed on
Sep 18, 1996
Sold by
Garcia Arleen M
Bought by
Garcia Sharon Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Canas-Rivas Hugo Enrique $645,000 Provident Title
Moreno Ricardo -- Landsafe Title
Moreno Ricardo -- Southland Title
Gracia Esmeralda $169,000 South Coast Title
Garcia Sharon A -- South Coast Title
Garcia Sharon Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canas-Rivas Hugo Enrique $597,221
Previous Owner Moreno Ricardo $184,500
Previous Owner Moreno Ricardo $163,000
Previous Owner Gracia Esmeralda $160,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2022 11/07/22 Sold $645,000 +2.4% $645 / Sq Ft
11/03/2022 11/03/22 Price Changed $630,000 0.0% $630 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/11/2022 08/11/22 Price Changed $630,000 0.0% $630 / Sq Ft
08/11/2022 08/11/22 For Sale $630,000 -3.1% $630 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $650,000 -- $650 / 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 $8,870 $671,058 $312,120 $358,938
2024 $8,870 $657,900 $306,000 $351,900
2023 $8,713 $645,000 $300,000 $345,000
2022 $4,118 $259,967 $124,771 $135,196
2021 $3,997 $254,871 $122,325 $132,546
2019 $3,866 $247,313 $118,698 $128,615
2018 $3,891 $242,465 $116,371 $126,094
2016 $3,740 $233,052 $111,853 $121,199
2015 $3,553 $229,552 $110,173 $119,379
2014 $3,468 $225,056 $108,015 $117,041
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB22147877

California Regional Multiple Listing Service (CRMLS)

APN: 6338-022-015