NOT LISTED FOR SALE

5001 Encinita Ave Temple City, CA 91780

Estimated Value: $1,026,946

3 Beds
3 Baths
2,229 Sq Ft
$461/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $955,000 $428 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,693/month

78 Days on Market

Highlights

  • No HOA
  • Walk-In Pantry
  • Fireplace in Patio
  • La Rosa Elementary Rated A
  • 2 Car Direct Access Garage
  • Laundry Room

About This Home

As of September 2023

This property has 2 units and a Big Shop in the rear of the units. The first unit, a ready to move in 2 bedrooms, 1 and 1/4 bath. Has its porch with an entry door leading to the living room with a new wooden floor, on the right a door is giving to the sleeping quarter with its 2 bedroom and its full bathroom.
Straight forward you will see the kitchen that has been newly renovated with new counters, new cabinets, new floor, recess lighting, electric range, microwave oven, refrigerator, its own breakfast nook/ office and a large walking pantry. The kitchen opens up to a very large den with newer carpet, a large fireplace, a large bar, a state-of-the-art entertainment center with floor to ceiling cabinets with lots of storage room, its own powder room for the guests and a sliding French door giving to a large, covered patio. This unit is perfect for friends and family gathering.
The second unit has a kitchen with direct access to a 2-car garage and access to the living room that has direct access to the rear of the property. A hallway leading to the bedroom, has a large walk-in closet and its own bathroom with a shower.
The rear of the property is entirely covered by a roof and has been used recently as a wood shop. It looks like it was previously used as a kennel. This covered shop has power and ventilation and could be a great opportunity for the new owner to live on site while having his or her own business in the back. You have to look at it to see the potential!

Last Listed By

Mylene Le Bail

Keller Williams Pacific Estate License #01364484 Listed on: 05/30/2023

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,680

Year Built

  • Built in 1957

Lot Details

  • 7,066 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • 6 Open Parking Spaces
  • 6 Attached Carport Spaces
  • Parking Available
  • Tandem Uncovered Parking
  • Two Garage Doors
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 2,229 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room with Fireplace

Kitchen

  • Walk-In Pantry
  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Fireplace in Patio
  • Urban Location

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 5388009006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,680

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 537500
  • Property Attached: No
  • View: No
  • Zoning: TCM1YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5388009006
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Fireplace Features: Family Room, Patio
  • Levels: One
  • Price Per Square Foot: 428.44
  • Room Type: All Bedrooms Down, Entry, Kitchen, Walk-In Pantry

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Direct Garage Access, Driveway, Garage, Garage - Two Door, Tandem Uncovered
  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 7066.00
  • Lot Size Acres: 0.1622

Multi Family

  • Average1 Bed Area: 896 Square Feet
  • Average2 Bed Area: 1333 Square Feet
  • Lot Size Area: 7066.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 4812.01
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 4, 2024
Sold by
Liu Ruquan and Yu Fanmin
Bought by
Liu Ruquan and Feng Jian
Total Days on Market
78
Current Estimated Value
$1,026,946

Purchase Details

Listed on
May 30, 2023
Closed on
Aug 23, 2023
Sold by
Feng Jian
Bought by
Liu Ruquan
Seller's Agent
Mylene Le Bail
Keller Williams Pacific Estate
Buyer's Agent
Lin Xia
RE/MAX CHAMPIONS
List Price
$1,175,000
Sold Price
$955,000
Premium/Discount to List
-$220,000
-18.72%
Views
103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$668,500
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2023
Closed on
Aug 18, 2023
Sold by
Schrudder Family Trust
Bought by
Liu Ruquan and Yu Fanmin
Seller's Agent
Mylene Le Bail
Keller Williams Pacific Estate
Buyer's Agent
Lin Xia
RE/MAX CHAMPIONS
List Price
$1,175,000
Sold Price
$955,000
Premium/Discount to List
-$220,000
-18.72%
Views
103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,500
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2022
Sold by
Schrudder Dale
Bought by
Schrudder Family Trust

Purchase Details

Closed on
Jun 18, 2008
Sold by
Schrudder Raymond
Bought by
Schrudder Raymond C and Raymond C Schrudder Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 1995
Sold by
Schrudder Raymond C
Bought by
Schrudder Raymond C and Raymond C Schrudder Living Tru

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
Liu Ruquan -- None Listed On Document
Liu Ruquan -- Fidelity National Title
Liu Ruquan $955,000 Fidelity National Title
Schrudder Family Trust -- --
Schrudder Raymond C -- Southland Title Corporation
Schrudder Raymond -- Southland Title Corporation
Schrudder Raymond C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu Ruquan $668,500
Previous Owner Schrudder Raymond C $283,900
Previous Owner Schrudder Raymond C $207,600
Previous Owner Schrudder Raymond $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $955,000 -11.2% $428 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
07/15/2023 07/15/23 Price Changed $1,075,000 -8.5% $482 / Sq Ft
05/30/2023 05/30/23 For Sale $1,175,000 -- $527 / 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 $11,680 $955,000 $630,000 $325,000
2023 $4,712 $340,905 $143,397 $197,508
2022 $4,440 $334,222 $140,586 $193,636
2021 $4,498 $327,670 $137,830 $189,840
2019 $4,351 $317,953 $133,743 $184,210
2018 $4,156 $311,720 $131,121 $180,599
2016 $3,980 $299,617 $126,030 $173,587
2015 $3,914 $295,117 $124,137 $170,980
2014 $3,865 $289,337 $121,706 $167,631
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23093797

California Regional Multiple Listing Service (CRMLS)

APN: 5388-009-006