NOT LISTED FOR SALE

Estimated Value: $956,978 - $1,122,000

9 Beds
5 Baths
2,438 Sq Ft
$413/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $927,000 $380 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,637/month

8 Days on Market

Highlights

  • No HOA
  • Level Lot
  • Wall Furnace

About This Home

As of May 2022

This 2800 sqft 4-plex has amazing unit mix with one 3 bed 2 bath and three 2 bed 1 bath all sitting on a 5,729 sqft lot.

Last Listed By

Mark Jensen

eXp Realty of Greater L.A License #01739865 Listed on: 02/07/2022

eXp Realty of Greater L.A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,152

Year Built

  • Built in 1964

Lot Details

  • 5,729 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • 2,438 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 189
  • Tax Tract Number 3354
  • Assessor Parcel Number 6038018006
  • $534 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $691
  • Insurance Expense $1,585
  • Maintenance Expense $3,539
  • Trash Expense $2,537
  • Water Sewer Expense $3,344
  • New Taxes Expense $11,437
  • Operating Expense $27,381
  • Gross Income $70,788
  • Net Operating Income $43,407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,152

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 4.74
  • Price Per Unit: 228750
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 3343.60
  • Zoning: LARD3
  • Property Type: Residential Income
  • Parcel Number: 6038018006
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Accessibility Features: See Remarks
  • Levels: Two
  • Price Per Square Foot: 380.23

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 2536.60
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5729.00
  • Lot Size Acres: 0.1315

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Average3 Bed Area: 1050 Square Feet
  • Electric Expense: 691.00
  • Gross Income: 70788.00
  • Gross Scheduled Income: 70788.00
  • Insurance Expense: 1584.70
  • Lot Size Area: 5729.0000 Square Feet
  • Maintenance Expense: 3539.40
  • Maintenance Percent: 5.00
  • Net Operating Income: 43406.88
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 27381.10
  • Rent Control: Yes
  • Total Actual Rent: 5899.00
  • Total Expenses: 27381.12

Tax Info

  • New Taxes Expense: 11437.00
  • Tax Census Tract: 2403.00
  • Tax Lot: 189
  • Tax Tract Number: 3354
  • TaxOtherAnnualAssessmentAmount: 534.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2016
Sold by
Horsch Tina Camille
Bought by
8822 Baring Cross Street
Total Days on Market
8
Current Estimated Value
$1,007,495

Purchase Details

Closed on
Oct 7, 2015
Sold by
Horsch Tina
Bought by
Wchi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,300
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2008
Sold by
Horsch Tina
Bought by
Wchi Llc

Purchase Details

Closed on
Oct 2, 2007
Sold by
Horsch Tina
Bought by
Horsch Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2005
Sold by
Mendez Tina
Bought by
Wchi Llc

Purchase Details

Closed on
Oct 25, 2002
Sold by
Bucio Felipe
Bought by
Mendez Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.95%

Purchase Details

Closed on
Jul 23, 2002
Sold by
Bucio Felipe
Bought by
Bucio Ulises

Purchase Details

Closed on
May 9, 2001
Sold by
Galvez Juan B
Bought by
Bucio Felipe and Bucio Ulises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,395
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2000
Sold by
Galvez Armando
Bought by
Galvez Juan B

Purchase Details

Closed on
Apr 1, 1999
Sold by
Mendoza Nancy
Bought by
Galvez Armando and Rosales Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,605
Interest Rate
7.51%
Mortgage Type
FHA

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
8822 Baring Cross Street -- None Available
Horsch Tina -- None Available
Wchi Llc -- Old Republic Title Company
Horsch Tina -- Old Republic Title Company
Wchi Llc -- Accommodation
Horsch Tina -- Alliance Title Company
Horsch Tina -- Alliance Title Company
Wchi Llc -- --
Mendez Tina $335,000 --
Bucio Ulises -- --
Bucio Felipe $298,000 First American Title Co
Galvez Juan B -- --
Galvez Armando $210,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horsch Tina $333,300
Previous Owner Horsch Tina $333,700
Previous Owner Mendez Tina $333,700
Previous Owner Mendez Tina $100,000
Previous Owner Mendez Tina $268,000
Previous Owner Bucio Felipe $293,395
Previous Owner Galvez Armando $208,605
Closed Mendez Tina $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $927,000 +1.3% $380 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $915,000 -- $375 / 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 $12,152 $964,450 $676,260 $288,190
2023 $11,926 $945,540 $663,000 $282,540
2022 $6,339 $493,983 $320,720 $173,263
2021 $6,242 $484,298 $314,432 $169,866
2020 $6,299 $480,733 $311,208 $169,525
2019 $6,065 $471,335 $305,106 $166,229
2018 $7,899 $625,640 $374,544 $251,096
2016 $5,655 $442,833 $287,509 $155,324
2015 $5,577 $436,182 $283,191 $152,991
2014 $5,621 $427,639 $277,644 $149,995
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22024403

California Regional Multiple Listing Service (CRMLS)

APN: 6038-018-006