NOT LISTED FOR SALE

Estimated Value: $999,000 - $1,198,000

8 Beds
4 Baths
3,147 Sq Ft
$350/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $940,000 $299 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,029/month

26 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Heating System Uses Natural Gas
  • Linda Esperanza Marquez High A Huntington Park Institute Of Applied Medicine Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of September 2021

FIRST TIME ON THE MARKET since this 4-plex was built in 1959. This is a fantastic investment property. Or, live in one, rent the others. Long-term tenants in all units. AS IS SALE - DO NOT DISTURB TENANTS.

GREAT LOCATION -- close to restaurants, shopping and schools. The property is fenced and there is a single parking space for each unit.
UNITS ARE ALL 2-bedroom/1 bath with roomy kitchens and living rooms. Property has been well maintained.

HURRY or you will miss this opportunity. OFFERS TO BE PRESENTED ON MON. July 19, 2021

Last Agent to Sell the Property

Barbara Sussoev

Barbara Sussoev Real Estate License #00613653 Listed on: 07/03/2021

Last Buyer's Agent

Avinash Narang

BRC Advisors BH License #01448548

BRC Advisors BH

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,425 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • Quadruplex
  • Planned Development

Interior Spaces

  • 3,147 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Water Heater

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 132
  • Tax Tract Number 5682
  • Assessor Parcel Number 6319014009

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $910
  • Insurance Expense $1,065
  • Professional Management Expense $2,787
  • Trash Expense $1,920
  • Water Sewer Expense $1,500
  • Operating Expense $4,484
  • Gross Income $55,740
  • Net Operating Income $47,740

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Professional Management Expense: 2787.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: HPR3YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 910.00
  • Parcel Number: 6319014009
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 298.70
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 1920.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6425.00
  • Lot Size Acres: 0.1475

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 55740.00
  • Gross Scheduled Income: 55740.00
  • Insurance Expense: 1065.00
  • Lot Size Area: 6425.0000 Square Feet
  • Net Operating Income: 47740.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 2
  • Operating Expense: 8000.00
  • Rent Control: No
  • Total Actual Rent: 55740.00
  • Total Expenses: 4484.00

Tax Info

  • Tax Area: 13483
  • Tax Census Tract: 5332.01
  • Tax Lot: 132
  • Tax Tract Number: 5682

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2003
Sold by
Bagdonoff Natasha J Sussoev
Bought by
The Barbara J Sussoev Revocable Living T
Current Estimated Value
$1,101,693

Purchase Details

Closed on
Nov 1, 1996
Sold by
Efseaff Patricia A
Bought by
Efseaff Morrie and Efseaff Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
8.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 23, 1996
Sold by
Bagdonoff Timothy T
Bought by
Bagdnonoff Nathasha J Sussoev and Sussoev Natasha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
8.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 9, 1996
Sold by
Efseaff Patricia A
Bought by
Efseaff Morrie A and Efseaff Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
8.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 30, 1995
Sold by
Sussoev Barbara Jean
Bought by
Sussoev Natasha J

Purchase Details

Closed on
May 23, 1995
Sold by
Efseaff Patricia Ann
Bought by
Efseaff Morrie A and Efseaff Patricia Ann
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
The Barbara J Sussoev Revocable Living T -- --
Efseaff Morrie -- --
Bagdnonoff Nathasha J Sussoev -- North American Title Company
Efseaff Morrie A -- North American Title Company
Sussoev Natasha J -- --
Efseaff Morrie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Efseaff Morrie A $123,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $940,000 -14.5% $299 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $1,100,000 -- $350 / 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 $15,213 $997,534 $610,194 $387,340
2024 $15,213 $977,976 $598,230 $379,746
2023 $14,937 $958,800 $586,500 $372,300
2022 $14,281 $940,000 $575,000 $365,000
2021 $2,674 $88,955 $24,884 $64,071
2019 $2,588 $86,319 $24,147 $62,172
2018 $2,411 $84,627 $23,674 $60,953
2016 $2,259 $81,342 $22,755 $58,587
2015 $2,218 $80,121 $22,414 $57,707
2014 $2,220 $78,552 $21,975 $56,577
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21105660

California Regional Multiple Listing Service (CRMLS)

APN: 6319-014-009