NOT LISTED FOR SALE

Estimated Value: $662,000 - $900,000

4 Beds
2 Baths
1,840 Sq Ft
$419/Sq Ft Est. Value

Last Sold December 27, 2022

Last sale price $585,000 $318 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,085/month

50 Days on Market

Highlights

  • Wood Flooring
  • Lawn
  • Hiking Trails
  • Cope Middle School Rated A-
  • No HOA
  • Balcony

About This Home

As of December 2022

Charming + Gorgeous Loma Linda Duplex- Income Property in a great location; Also perfect for somebody to buy it, live in one apartment, and rent out the other, in order to help with the mortgage cost. Each apartment (1 upper, 1 lower unit) features 2 Br, 1 Ba; very large lot with plenty of parking space. Tenant in upper unit til June 2023. Spacious separate laundry Room. Only A few minutes away from The University and hospitals. 3D rendering is of upper level. Lower level to follow.

Last Listed By

Rickii Coe

CAL STATE REALTY SERVICES License #01390222 Listed on: 10/14/2022

CAL STATE REALTY SERVICES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,448

Year Built

  • Built in 1946

Lot Details

  • 8,385 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Lawn
  • Back Yard

Home Design

  • Duplex

Interior Spaces

  • 1,840 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Laminate Countertops
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Driveway Level
  • Paved Parking

Additional Features

  • Balcony
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 2906
  • Assessor Parcel Number 0283192160000
  • $1,112 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Hiking Trails

Building Details

  • 1 Leased Unit
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $3,002
  • Trash Expense $1,717
  • Operating Expense $37,627
  • Net Operating Income $2,731

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,448

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Inclusions: all appliances
  • Price Per Unit: 299950
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0283192160000
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Ceiling Fan(s), Laminate Counters, Tray Ceiling(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Levels: Two
  • Price Per Square Foot: 317.93

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, Driveway Level, On Site
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1717.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lawn, Level with Street, Lot 6500-9999
  • Lot Size Sq Ft: 8385.00
  • Lot Size Acres: 0.1925

Rental Info

  • Tenant Pays: None

Multi Family

  • Electric Expense: 3002.40
  • Gross Scheduled Income: 40357.00
  • Lot Size Area: 8385.0000 Square Feet
  • Net Operating Income: 2731.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number Wall A C: 4
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 37626.60
  • Rent Control: No
  • Total Expenses: 37626.63

Tax Info

  • Tax Census Tract: 73.05
  • Tax Lot: 38
  • Tax Tract Number: 2906
  • TaxOtherAnnualAssessmentAmount: 1112.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2023
Sold by
Boustani Maya and Boustani Walid
Bought by
Lane Street Llc
Total Days on Market
50
Current Estimated Value
$771,625

Purchase Details

Closed on
Apr 14, 2023
Sold by
Boustani Walid
Bought by
Boustani Maya and Boustani Walid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2022
Closed on
Feb 14, 2023
Sold by
Bdi-Usa Llc
Bought by
Boustani Walid
Seller's Agent
Rickii Coe
CAL STATE REALTY SERVICES
Buyer's Agent
Tamer Youssef
RE/MAX TIME REALTY
List Price
$640,000
Sold Price
$585,000
Premium/Discount to List
-$55,000
-8.59%
Views
248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%
Original Mortgage
$351,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2022
Closed on
Dec 6, 2022
Sold by
Purdey Cameron D
Bought by
Bdi-Usa Llc
Seller's Agent
Rickii Coe
CAL STATE REALTY SERVICES
Buyer's Agent
Tamer Youssef
RE/MAX TIME REALTY
List Price
$640,000
Sold Price
$585,000
Premium/Discount to List
-$55,000
-8.59%
Views
248

Purchase Details

Closed on
Aug 11, 2021
Sold by
Purdey Cameron D and Purdey Danielle R
Bought by
Purdey Cameron D

Purchase Details

Listed on
Mar 14, 2017
Closed on
Apr 3, 2017
Sold by
Moses Maria C
Bought by
Purdey Cameron D and Purdey Danielle R
Seller's Agent
Hannes Scherber
Buyer's Agent
Rickii Coe
CAL STATE REALTY SERVICES
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$365,384
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2003
Sold by
Moses Keith W and Moses Anita R
Bought by
Moses Maria C

Range of Values:

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Average Value
Not Available
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
Lane Street Llc -- None Listed On Document
Boustani Maya -- Wfg Title Company
Boustani Walid -- --
Bdi-Usa Llc $585,000 Orange Coast Title
Purdey Cameron D -- None Available
Purdey Cameron D $399,000 Orange Coast Co Of Socal
Moses Maria C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boustani Maya $351,000
Previous Owner Purdey Cameron D $365,384
Previous Owner Moses Maria C $247,200
Previous Owner Moses Maria $100,000
Previous Owner Moses Maria C $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2022 12/27/22 Sold $585,000 -2.5% $318 / Sq Ft
12/03/2022 12/03/22 Pending -- -- --
11/11/2022 11/11/22 Price Changed $599,900 -6.3% $326 / Sq Ft
10/14/2022 10/14/22 For Sale $640,000 +60.4% $348 / Sq Ft
04/21/2017 04/21/17 Sold $399,000 0.0% $269 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $399,000 -- $269 / 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
2024 $9,448 $799,000 $190,500 $608,500
2023 $5,389 $585,000 $140,000 $445,000
2022 $5,311 $436,365 $109,364 $327,001
2021 $5,320 $427,809 $107,220 $320,589
2020 $5,240 $423,423 $106,121 $317,302
2019 $5,092 $415,120 $104,040 $311,080
2018 $4,964 $406,980 $102,000 $304,980
2017 $563 $40,408 $11,217 $29,191
2016 $557 $39,616 $10,997 $28,619
2015 $553 $39,021 $10,832 $28,189
2014 $544 $38,257 $10,620 $27,637
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22221189

California Regional Multiple Listing Service (CRMLS)

APN: 0283-192-16