NOT LISTED FOR SALE
8 Beds
6 Baths
3,423 Sq Ft
10,051 Sq Ft Lot

Sale Details

Date Sold: May 16, 2022

Last sale price $1,200,000 $351 Per Sq Ft

14 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Beamed Ceilings
  • Central Air
  • Property is near park
  • Garden
  • 3-minute walk to South Park Recreation Center

About This Home

As of May 2022

Property consist of 6 units plus one non-confirming unit/storage.
individually metered for gas and electric.
Upgrade to the units and roof. All six units are occupied and will be sold with occupants.
Coin Laundry on premises.

Last Agent to Sell the Property

DANYELLA BROUKHIM

Beverly and Company, Inc. License #01840365 Listed on: 04/04/2022

Beverly and Company, Inc.

Last Buyer's Agent

Daniel Diaz

First Family Homes License #01148097

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,100

Year Built

  • Built in 1908

Lot Details

  • 10,051 Sq Ft Lot
  • Lot Dimensions are 50x200
  • No Common Walls
  • Level Lot
  • Garden
  • Front Yard
  • Density is 6-10 Units/Acre

Interior Spaces

  • 3,423 Sq Ft Home
  • Beamed Ceilings
  • Laminate Flooring
  • Convection Oven

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • 6 Bathrooms

Location

  • Property is near park

Utilities

  • Central Air
  • No Utilities

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 5109
  • Assessor Parcel Number 5109023012

Community Details

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Maintenance Expense $4,000
  • Professional Management Expense $1,200
  • Water Sewer Expense $6,000
  • Operating Expense $21,700
  • Gross Income $68,952
  • Net Operating Income $47,250

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,100

Year Built

Built in 1908

Lot Details

10,051 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 4.30
  • Professional Management Expense: 1200.00
  • Property Attached: No
  • Water Sewer Expenses: 6000.00
  • Zoning: RES
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5109023012
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Beamed Ceilings
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 350.57
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: None
  • Laundry: Yes
  • Appliances: Convection Oven
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Front Yard, Garden, Level with Street, Level, Park Nearby, Walkstreet
  • Lot Size: 50x200
  • Lot Size Sq Ft: 10051.00
  • Lot Size Acres: 0.2307

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 68952.00
  • Gross Scheduled Income: 68952.00
  • Insurance Expense: 2400.00
  • Laundry Income: 240.00
  • Lot Size Area: 10051.0000 Square Feet
  • Maintenance Expense: 4000.00
  • Net Operating Income: 47250.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 21700.00
  • Rent Control: Yes
  • Total Expenses: 21700.00

Tax Info

  • Tax Lot: 5109
  • Tax Annual Amount: 8100.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Apr 12, 2022
Sold by
Bought by
Seller's Agent
DANYELLA BROUKHIM
Beverly and Company, Inc.
Buyer's Agent
Daniel Diaz
First Family Homes
List Price
$1,099,000
Sold Price
$1,200,000
Premium/Discount to List
$101,000
9.19%

Purchase Details

Listed on
Mar 13, 2014
Closed on
Jun 18, 2014
Sold by
Bought by
Seller's Agent
Iris Marlene Hernandez
Ambassador RE, Inc
Buyer's Agent
Iris Marlene Hernandez
Ambassador RE, Inc
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.02%

Purchase Details

Closed on
Jan 2, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 2006
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 3, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,199,000 Lawyers Title
$393,100 None Available
-- None Available
-- None Available
$635,000 Southland Title
-- --
$425,000 --
$150,000 Orange Coast Title
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $384,000
Previous Owner $504,000
Previous Owner $340,000
Previous Owner $189,000
Previous Owner $184,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2022 05/16/22 Sold $1,200,000 +9.2% $351 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $1,099,000 +158.6% $321 / Sq Ft
06/20/2014 06/20/14 Sold $425,000 0.0% $124 / Sq Ft View Prior Sale
03/13/2014 03/13/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $425,000 -- $124 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,262 $1,272,387 $848,966 $423,421
2024 $16,048 $1,247,439 $832,320 $415,119
2023 $15,751 $1,222,980 $816,000 $406,980
2022 $8,210 $612,226 $346,545 $265,681
2021 $8,103 $600,222 $339,750 $260,472
2020 $8,174 $595,289 $336,267 $259,022
2019 $7,884 $583,642 $329,674 $253,968
2018 $7,714 $572,223 $323,210 $249,013
2016 $7,325 $548,832 $310,660 $238,172
2015 $7,228 $540,589 $305,994 $234,595
2014 $5,189 $357,616 $251,135 $106,481
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22067043

California Regional Multiple Listing Service (CRMLS)
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