$1,449,000
$26K PRICE DROP

Estimated payment $8,309/month

Total Views 8,888
5 Beds
4 Baths
2,350 Sq Ft
$617 Price per Sq Ft

Highlights

  • Wood Flooring
  • Laundry Room
  • 1-Story Property

About This Home

Step into a rare investment opportunity or multi-generational home in the heart of the highly coveted Heninger Park! This well-maintained triplex is a gem for savvy investors or owner-occupants looking to enjoy the comforts of the primary home while benefiting from rental income.The spacious 3-bedroom, 2-bathroom main residence —approximately 1,300 sq. ft.—has been beautifully remodeled, boasting new flooring and a fully fenced front yard that adds both charm and privacy. Inside, you'll find generously sized bedrooms, a gourmet kitchen, and stylish bathrooms featuring granite countertops and stainless steel appliances. A dedicated laundry room ensures convenience, while the home’s historic charm ties together the perfect blend of classic and modern touches.At the rear, two 1-bedroom, 1-bathroom units offer private entrances, separate electric and gas meters, and excellent rental potential with reliable, long-term tenants already in place.Nestled in a prime location, this property sits close to public schools, transportation, and local amenities, ensuring effortless convenience for residents. Whether you're looking to expand your investment portfolio or settle into a home with built-in financial benefits, this triplex is a golden opportunity not to be missed!

Listing Agent

Orlando Cintron

J.D. Real Estate Brokerage Email: bigocintron@gmail.com License #01230036 Listed on: 05/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,392

Year Built

  • Built in 1920

Lot Details

  • 9,148 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,350 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Laundry Room

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 16 / B
  • Tax Tract Number 331
  • Assessor Parcel Number 01014216
  • $538 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Professional Management Expense $4,100
  • Trash Expense $1,000
  • Water Sewer Expense $2,000
  • Operating Expense $11,800
  • Gross Income $80,900
  • Net Operating Income $69,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,392

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: Office
  • Other Phone Ext: 216
  • Other Phone Number: 7147512787
  • Price Per Unit: 483000
  • Professional Management Expense: 4100.00
  • Property Attached: Yes
  • Subdivision Name Other: Heninger Park
  • View: No
  • Water Sewer Expenses: 2000.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 01014216
  • Year Built: 1920
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Wood
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 616.60
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 80900.00
  • Gross Scheduled Income: 80900.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 9148.0000 Square Feet
  • Maintenance Percent: 4.00
  • Net Operating Income: 69100.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 11800.00
  • Rent Control: Yes
  • Total Actual Rent: 6743.00
  • Total Expenses: 11800.00

Tax Info

  • Tax Block: B
  • Tax Census Tract: 746.01
  • Tax Lot: 16
  • Tax Tract Number: 331
  • TaxOtherAnnualAssessmentAmount: 538.00

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 $3,392 $256,489 $168,236 $88,253
2023 $3,306 $251,460 $164,937 $86,523
2022 $3,265 $246,530 $161,703 $84,827
2021 $3,193 $241,697 $158,533 $83,164
2020 $3,195 $239,219 $156,907 $82,312
2019 $3,138 $234,529 $153,830 $80,699
2018 $3,026 $229,931 $150,814 $79,117
2017 $2,999 $225,423 $147,857 $77,566
2016 $2,942 $221,003 $144,957 $76,046
2015 $2,905 $217,684 $142,780 $74,904
2014 $2,854 $213,420 $139,983 $73,437
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Price Changed $1,449,000 -1.8% $617 / Sq Ft
05/01/2025 05/01/25 For Sale $1,475,000 -- $628 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity National Title
Administrators Deed $138,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $163,000 Purchase Money Mortgage
Closed $110,400 Purchase Money Mortgage
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25095633

California Regional Multiple Listing Service (CRMLS)

APN: 010-142-16