NOT LISTED FOR SALE

Estimated Value: $767,000 - $933,881

5 Beds
4 Baths
3,246 Sq Ft
$269/Sq Ft Est. Value

Last Sold June 03, 2020

Last sale price $635,000 $196 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,477/month

22 Days on Market

About This Home

As of June 2020

Don't miss the opportunity to own this income producing property! This Quadruplex is great for a first time home buyer or for the experienced investor. Located centrally to schools, public transporation, parks and major Freeways. Make your best offer today, this property will not last!

Last Agent to Sell the Property

Elma Pulido

Casa Bella Realty Group License #02080427 Listed on: 02/03/2020

Last Buyer's Agent

Jordan Davies

Keller Williams Realty Calabasas License #01914332

Keller Williams Realty Calabasas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,687

Year Built

  • Built in 1924

Lot Details

  • 5,200 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 3,246 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 975
  • Tax Tract Number 6
  • Assessor Parcel Number 6029003009

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Cable TV Expense $720
  • Fuel Expense $480
  • Insurance Expense $1,200
  • Trash Expense $1,000
  • Water Sewer Expense $5,000
  • New Taxes Expense $8,125
  • Operating Expense $16,525
  • Gross Income $62,200
  • Net Operating Income $42,591

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,687

Year Built

Built in 1924

Lot Details

0

Listing Details

  • CapRate: 6.55
  • Property Attached: Yes
  • Water Sewer Expenses: 5000.00
  • Zoning: LARD2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6029003009
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 195.63

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5200.00
  • Lot Size Acres: 0.1194
  • Latitude Manual: 33.96736300

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Cable TV Expense: 720.00
  • Fuel Expense: 480.00
  • Gross Income: 62200.00
  • Gross Multiplier: 10.44
  • Gross Scheduled Income: 62200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5200.0000 Square Feet
  • Net Operating Income: 42591.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 16525.00
  • Rent Control: Yes
  • Total Actual Rent: 4729.00
  • Total Expenses: 16525.00
  • Vacancy Allowance: 3100
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 8125.00
  • Tax Census Tract: 2398.01
  • Tax Lot: 975
  • Tax Tract Number: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Davies Jordan Liam
Bought by
Dousland Llc
Current Estimated Value
$872,470

Purchase Details

Listed on
Feb 3, 2020
Closed on
May 27, 2020
Sold by
Galeas Deuntaye Antonio and Galeas Lydia
Bought by
Davies Jordan Liam
Seller's Agent
Elma Pulido
Casa Bella Realty Group
Buyer's Agent
Jordan Davies
Keller Williams Realty Calabasas
List Price
$649,900
Sold Price
$635,000
Premium/Discount to List
-$14,900
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$508,000
Outstanding Balance
$452,124
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$419,956

Purchase Details

Closed on
Apr 29, 2015
Sold by
Galeas Deuntaye Antonio
Bought by
Galeas Deuntaye Antonio and Galeas Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,100
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2011
Sold by
Galeas Lydia
Bought by
Galeas Deuntaye Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,166
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 11, 2010
Sold by
Aurora Loan Services Llc
Bought by
Heffesse Cyrill and Fernandez Calvo Tomas

Purchase Details

Closed on
Mar 10, 2010
Sold by
Maldonado Castillo Brenda Aracely
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
May 5, 2004
Sold by
Gutierrez Sofia
Bought by
Maldonado Castillo Brenda Aracely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,400
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2003
Sold by
Golden Empire Mortgage Inc
Bought by
Gutierrez Sofia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2002
Sold by
Adkinson Lilia S
Bought by
Golden Empire Mtg Inc

Purchase Details

Closed on
Apr 3, 2001
Sold by
Carrillo Martin
Bought by
Adkinson Lilia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
7.15%

Purchase Details

Closed on
Nov 22, 2000
Sold by
Morequity Inc
Bought by
Carrillo Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
7.12%

Purchase Details

Closed on
Apr 11, 2000
Sold by
Suero Luis O
Bought by
Morequity Inc

Purchase Details

Closed on
Oct 26, 1998
Sold by
Gilliam Willie James
Bought by
Gilliam Birther

Purchase Details

Closed on
Jan 29, 1998
Sold by
Rodriguez Pedro
Bought by
Suero Luis Olivera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.98%

Purchase Details

Closed on
May 14, 1997
Sold by
Hill Louis A
Bought by
Rodriguez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.83%

Purchase Details

Closed on
Feb 8, 1995
Sold by
Hill Louis A
Bought by
Hill Louis Arthur and Hill Hazel Mary
Source: Public Records

Range of Values:

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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
Dousland Llc -- None Available
Davies Jordan Liam $635,000 Provident Title Company
Galeas Deuntaye Antonio -- Fidelity National Title
Galeas Deuntaye Antonio -- Fidelity National Title Co
Galeas Deuntaye Antonio $309,003 Fidelity National Title Co
Heffesse Cyrill $205,000 Lsi Title Agency
Aurora Loan Services Llc $240,000 Accommodation
Maldonado Castillo Brenda Aracely $433,000 Fidelity Long Beach
Gutierrez Sofia $250,000 Commerce Title
Golden Empire Mtg Inc -- --
Adkinson Lilia S $270,000 Benefit Land Title
Carrillo Martin $165,000 Fidelity National Title Co
Morequity Inc $100,000 First Southwestern Title
Gilliam Birther -- United Title
Suero Luis Olivera $253,000 Fidelity Title
Rodriguez Pedro $120,000 Fidelity National Title Ins
Hill Louis Arthur -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davies Jordan Liam $508,000
Previous Owner Galeas Deuntaye Antonio $292,100
Previous Owner Galeas Deuntaye Antonio $301,166
Previous Owner Maldonado Castillo Brenda Aracely $436,000
Previous Owner Maldonado Castillo Brenda Aracely $342,400
Previous Owner Gutierrez Sofia $200,000
Previous Owner Adkinson Lilia S $243,000
Previous Owner Carrillo Martin $157,000
Previous Owner Suero Luis Olivera $215,000
Previous Owner Rodriguez Pedro $129,000
Closed Suero Luis Olivera $25,300
Closed Gutierrez Sofia $50,000
Closed Maldonado Castillo Brenda Aracely $85,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2020 06/03/20 Sold $635,000 -2.3% $196 / Sq Ft
03/31/2020 03/31/20 For Sale $649,900 0.0% $200 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $649,900 -- $200 / 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 $8,687 $694,460 $426,520 $267,940
2024 $8,687 $680,844 $418,157 $262,687
2023 $8,525 $667,495 $409,958 $257,537
2022 $8,138 $654,408 $401,920 $252,488
2021 $8,026 $641,578 $394,040 $247,538
2020 $4,741 $354,881 $212,470 $142,411
2019 $4,567 $347,923 $208,304 $139,619
2018 $4,461 $341,102 $204,220 $136,882
2016 $4,236 $327,859 $196,291 $131,568
2015 $4,178 $322,935 $193,343 $129,592
2014 -- $316,610 $189,556 $127,054
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20025483

California Regional Multiple Listing Service (CRMLS)

APN: 6029-003-009