NOT LISTED FOR SALE

Estimated Value: $529,000 - $969,937

3 Beds
2 Baths
1,210 Sq Ft
$605/Sq Ft Est. Value

Last Sold November 04, 2013

Last sale price $260,000 $215 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $4,275/month

About This Home

As of November 2013

TWO DETACHED UNITS, NO CONTROLLED RENT, CURRENTLY OCCUPIED.

THIRD UNIT IS A SINGLE WITHOUT A PERMIT AND IS CURRENTLY OCCUPIED FOR $400 MONTHLY.

Last Agent to Sell the Property

Jesus Jimenez

MLA Investments License #01891175 Listed on: 08/21/2013

Last Buyer's Agent

MARGARITA MENESES

Excellence RE Real Estate, Inc. License #01839222

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,371 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 1,210 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 2806
  • Assessor Parcel Number 4023014027

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $500
  • Maintenance Expense $720
  • Trash Expense $360
  • Water Sewer Expense $480
  • New Taxes Expense $2,800
  • Gross Income $2,400
  • Net Operating Income $24,680

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

5,371 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 480.00
  • Property Type: Residential Income
  • Parcel Number: 4023014027
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 214.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 5371.00
  • Lot Size Acres: 0.1230

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 500.00
  • Lot Size Area: 5371.0000 Square Feet
  • Maintenance Expense: 720.00
  • Net Operating Income: 24680.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 4860.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2800.00
  • Tax Lot: 36
  • Tax Tract Number: 2806

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2013
Closed on
Oct 15, 2013
Sold by
Gomez Rigoberto Rendon and Rendon Gaudelia Tirado
Bought by
Infinity Real Estate Opportunity Fund I
Seller's Agent
Jesus Jimenez
MLA Investments
Buyer's Agent
MARGARITA MENESES
Excellence RE Real Estate, Inc.
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%
Current Estimated Value
$732,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,234
Avg. Annual Appreciation
8.72%
Original Mortgage
$156,000
Interest Rate
4.46%
Mortgage Type
New Conventional
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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Purchase History

Date Buyer Sale Price Title Company
Infinity Real Estate Opportunity Fund I $260,000 Ortc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Infinity Real Estate Opportunity Fund I $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2013 11/04/13 Sold $260,000 +4.0% $215 / Sq Ft
04/24/2013 04/24/13 For Sale $250,000 -- $207 / Sq Ft
09/01/2012 09/01/12 Pending -- -- --
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 $5,090 $318,711 $196,130 $122,581
2024 $5,090 $312,463 $192,285 $120,178
2023 $5,002 $306,337 $188,515 $117,822
2022 $4,975 $300,331 $184,819 $115,512
2021 $4,883 $294,444 $181,196 $113,248
2020 $4,865 $291,426 $179,339 $112,087
2019 $4,701 $285,713 $175,823 $109,890
2018 $4,552 $280,112 $172,376 $107,736
2016 $4,120 $269,237 $165,684 $103,553
2015 $4,001 $265,194 $163,196 $101,998
2014 $3,973 $260,000 $160,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13077022

California Regional Multiple Listing Service (CRMLS)

APN: 4023-014-027

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