$1,350,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

Estimated payment $7,461/month

Total Views 420
4 Beds
3 Baths
2,250 Sq Ft
$600 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Bike Trail
  • Park
  • Floor Furnace
  • 1-Story Property

About This Home

FHA Qualified. Great investment property. Property has a duplex in front, each is 1bedroom, 1 bath. One of the front units has been upgraded. Single standing unit in rear is a 2-bedroom one bath. 2-car garage in the rear is zoned and perfect area for ADU. Property is zoned for multiple units, in which you can add to the top of the existing structures or remove all structures and add multiple units of (6-12, verify the building zoning code). Property is also zoned for a Group Home or Child Care services. The 2-Beadroom is Licensed for RCFE Care. Property has very nice curb appeal and endless, investment future potential. Please do not disturb the tenants nor walk the property. Unit 3 is available for showing. **** Better Hurry THIS ONE WON'T LAST ****

Listing Agent

Alvin Brown

Advanced Realty Solutions Brokerage Phone: 310-745-6603 License #01168206 Listed on: 05/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,552

Year Built

  • Built in 1924

Lot Details

  • 7,507 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Floor Furnace

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 2190
  • Assessor Parcel Number 5051018023
  • $455 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Dog Park
  • Bike Trail

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $100
  • Gardener Expense $100
  • Insurance Expense $200
  • Other Expense $52,800
  • Trash Expense $100
  • Water Sewer Expense $100
  • Operating Expense $60,000
  • Gross Income $144,000
  • Net Operating Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,552

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 310-745-6603
  • Price Per Unit: 450000
  • Property Attached: Yes
  • Water Sewer Expenses: 100.00
  • Zoning: LARD3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 5051018023
  • Year Built: 1924
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 600.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Gutters, Park, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7507.00
  • Lot Size Acres: 0.1723

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 144000.00
  • Gross Scheduled Income: 144000.00
  • Insurance Expense: 200.00
  • Lot Size Area: 7507.0000 Square Feet
  • Net Operating Income: 84000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Disposal: 3
  • Number With Drapes: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 52800.00
  • Other Expense: 52800.00
  • Other Expense Description: RCFE EXP
  • Rent Control: No
  • Total Actual Rent: 5000.00
  • Total Expenses: 60000.00

Tax Info

  • Tax Census Tract: 2190.10
  • Tax Lot: 46
  • Tax Tract Number: 2190
  • TaxOtherAnnualAssessmentAmount: 455.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,552 $258,504 $199,425 $59,079
2023 $3,494 $253,436 $195,515 $57,921
2022 $3,349 $248,468 $191,682 $56,786
2021 $3,296 $243,597 $187,924 $55,673
2020 $3,324 $241,101 $185,998 $55,103
2019 $3,206 $236,374 $182,351 $54,023
2018 $3,107 $231,740 $178,776 $52,964
2016 $2,957 $222,743 $171,835 $50,908
2015 $2,918 $219,398 $169,254 $50,144
2014 $2,950 $215,101 $165,939 $49,162
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $1,350,000 -- $600 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $175,000 First American Title Co
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $825,000 New Conventional
Closed $469,000 Negative Amortization
Closed $487,500 Fannie Mae Freddie Mac
Closed $317,000 Unknown
Closed $272,000 Unknown
Closed $180,000 Unknown
Closed $36,000 Stand Alone Second
Closed $16,070 Unknown
Previous Owner $157,500 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25119401

California Regional Multiple Listing Service (CRMLS)

APN: 5051-018-023