NOT LISTED FOR SALE

Estimated Value: $852,000 - $890,000

4 Beds
2 Baths
1,594 Sq Ft
$548/Sq Ft Est. Value

Last Sold September 04, 2024

Last sale price $830,000 $521 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,829/month

81 Days on Market

Highlights

  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Bungalow
  • Ramona Elementary School Rated A-
  • Laundry Room
  • 2 Car Garage

About This Home

As of September 2024

Easy access off the 10 Freeway. Close to everything! Live in one of the duplex homes and update the other. Once updated, move into it and update the other one! Redevelopment underway in the neighborhood. HUGE potential to make it your own!

Last Agent to Sell the Property

D. Brian Gaul

Quest Real Estate Services Brokerage Phone: 949-378-1625 License #00796534 Listed on: 05/09/2024

Last Buyer's Agent

Tony Duong

Beeyond Realty License #01467288

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,296

Year Built

  • Built in 1956

Lot Details

  • 5,298 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Wood Fence
  • Fence is in average condition
  • Corner Lot
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway Up Slope From Street

Home Design

  • Duplex
  • Bungalow
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Plaster

Interior Spaces

  • 1,594 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Vented Exhaust Fan
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 52
  • Tax Tract Number 7022
  • Assessor Parcel Number 5255022001
  • $701 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $760
  • Net Operating Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,296

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 412500
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • View: No
  • Zoning: ALRPD*
  • Architectural Style: Bungalow
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5255022001
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 520.70
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Plaster

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Driveway Up Slope From Street, Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Refrigerator, Vented Exhaust Fan
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Lot Size Sq Ft: 5298.00
  • Lot Size Acres: 0.1216
  • Latitude Manual: 34.07119500

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 42000.00
  • Insurance Expense: 760.00
  • Lot Size Area: 5298.0000 Square Feet
  • Net Operating Income: 39000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: Yes
  • Total Actual Rent: 2810.00

Tax Info

  • Tax Census Tract: 4816.05
  • Tax Lot: 52
  • Tax Tract Number: 7022
  • TaxOtherAnnualAssessmentAmount: 701.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Aug 19, 2024
Sold by
Hoeltzel Russell
Bought by
Hoeltzel Carol Diane
Seller's Agent
D. Brian Gaul
Quest Real Estate Services
Buyer's Agent
Tony Duong
Beeyond Realty
List Price
$875,000
Sold Price
$830,000
Premium/Discount to List
-$45,000
-5.14%
Views
60
Current Estimated Value
$873,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,178
Avg. Annual Appreciation
4.98%
Original Mortgage
$664,000
Outstanding Balance
$657,569
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$214,644

Purchase Details

Closed on
Jun 23, 2022
Sold by
Gaul Living Trust
Bought by
Hoetzel Carol Diane and Gaul Dana Brian
Source: Public Records

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
Hoeltzel Carol Diane -- Pacific Coast Title Company
Le Dehuynh $830,000 Pacific Coast Title Company
Hoetzel Carol Diane -- Cohen Law
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Dehuynh $664,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 Sold $830,000 +0.6% $521 / Sq Ft
07/23/2024 07/23/24 Price Changed $825,000 -5.7% $518 / Sq Ft
05/09/2024 05/09/24 For Sale $875,000 -- $549 / 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
2025 $1,296 $830,000 $498,000 $332,000
2024 $1,296 $58,099 $20,397 $37,702
2023 $8,364 $654,040 $523,233 $130,807
2022 $1,330 $55,845 $19,606 $36,239
2021 $1,312 $54,751 $19,222 $35,529
2020 $1,306 $54,190 $19,025 $35,165
2019 $1,282 $53,128 $18,652 $34,476
2018 $1,200 $52,087 $18,287 $33,800
2016 $1,119 $50,067 $17,578 $32,489
2015 $1,106 $49,315 $17,314 $32,001
2014 $1,111 $48,350 $16,975 $31,375
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24093164

California Regional Multiple Listing Service (CRMLS)

APN: 5255-022-001