Seller's Agent in 2015
Todd Pearl
Equity Union
(424) 254-9293
9 in this area
55 Total Sales
Estimated Value: $1,607,000 - $1,901,000
6
Beds
3
Baths
2,010
Sq Ft
$897/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- No HOA
- Ceiling Fan
- Washington Elementary School Rated A+
- Laundry Room
- 2-minute walk to Lilienthal Park
About This Home
As of December 2015Updated and turnkey detached units. One is 3 bedroom, 2 bath and the other is 3 bedroom, 1 bath. Good rents, but with upside potential. Live in one and rent out the other, or rent them both out. Some updates include newer sod and sprinkler systems, newer blinds, recently painted inside and out. Individually metered, including for water, although sellers currently pay water. Front unit has direct access garage; back unit has detached garage. Roof is approximately 9 years new. See Reasons We Love supplement that explains what attracted the sellers to this investment property and what they came to love about it.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,706
Year Built
- Built in 1953
Lot Details
- 7,000 Sq Ft Lot
- No Common Walls
- Sprinkler System
Parking
- 4 Open Parking Spaces
- 3 Car Garage
- Parking Available
- Assigned Parking
Interior Spaces
- 2,010 Sq Ft Home
- Ceiling Fan
Bedrooms and Bathrooms
- 6 Bedrooms
- All Bedrooms Down
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Laundry in Kitchen
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
Utilities
- Floor Furnace
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Assessor Parcel Number 4158013019
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
- Othr Subdivision
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $960
- Insurance Expense $802
- Maintenance Expense $1,600
- Pest Control $396
- Water Sewer Expense $1,260
- New Taxes Expense $12,187
- Operating Expense $17,205
- Gross Income $4,900
- Net Operating Income $41,595
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2015
Closed on
Oct 5, 2015
Sold by
Lerch Tony and Lerch Carrie L
Bought by
Guzman Fabricio N and Guzman Jessica K
Seller's Agent
Todd Pearl
Equity Union
Buyer's Agent
Stewart Fournier
Compass
List Price
$975,000
Sold Price
$950,000
Premium/Discount to List
-$25,000
-2.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$852,429
Avg. Annual Appreciation
6.68%
Original Mortgage
$712,500
Interest Rate
3.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 28, 2014
Sold by
Lerch Tony L and Lerch Carrie L
Bought by
Lerch Tony and Lerch Carrie L
Purchase Details
Closed on
Jul 18, 2011
Sold by
Wood Gregory D and Wood Michelle S
Bought by
Lerch Tony L and Lerch Carrie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Interest Rate
4.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 16, 2010
Sold by
Wood Gregory D and Wood Michelle S
Bought by
Wood Gregory D and Wood Michelle S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 28, 2002
Sold by
Medawar Michel
Bought by
Wood Gregory D and Wood Michelle S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
8.5%
Purchase Details
Closed on
Aug 23, 2000
Sold by
Medawar Yolla
Bought by
Medawar Michel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,700
Interest Rate
8.29%
Purchase Details
Closed on
Aug 3, 2000
Sold by
Hunter James W and Hunter Alice
Bought by
Medawar Michel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,700
Interest Rate
8.29%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Guzman Fabricio N | $950,000 | Lawyers Title | |
| Lerch Tony | -- | None Available | |
| Lerch Tony L | -- | Advantage Title | |
| Wood Gregory D | -- | Orange Coast Title | |
| Wood Gregory D | $535,000 | Lawyers Title | |
| Medawar Michel | -- | South Coast Title | |
| Medawar Michel | $346,500 | South Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Guzman Fabricio N | $712,500 | |
| Previous Owner | Lerch Tony L | $533,000 | |
| Previous Owner | Wood Gregory D | $420,000 | |
| Previous Owner | Wood Gregory D | $428,000 | |
| Previous Owner | Medawar Michel | $276,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2015 12/04/15 | Sold | $950,000 | -2.6% | $473 / Sq Ft |
| 09/30/2015 09/30/15 | Pending | -- | -- | -- |
| 09/24/2015 09/24/15 | For Sale | $975,000 | -- | $485 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $13,706 | $1,124,600 | $449,840 | $674,760 |
| 2024 | $13,706 | $1,102,550 | $441,020 | $661,530 |
| 2023 | $13,462 | $1,080,932 | $432,373 | $648,559 |
| 2022 | $13,199 | $1,059,739 | $423,896 | $635,843 |
| 2021 | $12,833 | $1,038,961 | $415,585 | $623,376 |
| 2020 | $12,802 | $1,028,309 | $411,324 | $616,985 |
| 2019 | $12,504 | $1,008,147 | $403,259 | $604,888 |
| 2018 | $12,108 | $988,380 | $395,352 | $593,028 |
| 2016 | $11,721 | $950,000 | $380,000 | $570,000 |
| 2015 | $8,291 | $653,123 | $409,723 | $243,400 |
| 2014 | $8,171 | $640,331 | $401,698 | $238,633 |
Source: Public Records
Agents Affiliated with this Home
-
Todd Pearl
-
Stewart Fournier
Buyer's Agent in 2015
Stewart Fournier
Compass
(310) 968-1730
3 in this area
11 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB15211985
APN: 4158-013-019
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