NOT LISTED FOR SALE
6 Beds
8 Baths
4,184 Sq Ft
5,539 Sq Ft Lot

Sale Details

Date Sold: April 17, 2012

Last sale price $1,100,000 $263 Per Sq Ft

198 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Thomas Edison Elementary School Rated A
  • Corner Lot
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2012

Great location for rental units, walk to shopping, close to freeways, has always been easy to rent. Laundry room on premises, low turn-over.

Last Agent to Sell the Property

Stuart Chase

Chase Company License #00389733 Listed on: 09/17/2011

Co-Listed By

Marion Chase

Chase Company License #01220054

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 5,539 Sq Ft Lot
  • Corner Lot

Home Design

  • 4,184 Sq Ft Home
  • Traditional Architecture
  • Frame Construction
  • Asphalt Roof
  • Stucco

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 8 Bathrooms

Parking

  • 7 Parking Spaces
  • 3 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Disposal
  • Laundry Room

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, repairs
  • Tax Tract Number 9458
  • Assessor Parcel Number 2438032019

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Gardener Expense $960
  • Insurance Expense $2,749
  • Maintenance Expense $4,000
  • Trash Expense $1,222
  • Water Sewer Expense $1,195
  • New Taxes Expense $16,000
  • Gross Income $7,115
  • Net Operating Income $57,982

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

5,539 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Security: Security Lights
  • Water Sewer Expenses: 1195.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 2438032019
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 262.91

Exterior Features

  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Trash Expense: 1222.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5539.00
  • Lot Size Acres: 0.1300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Repairs

Multi Family

  • Electric Expense: 300.00
  • Gross Income: 7115.00
  • Gross Multiplier: 14.90
  • Gross Scheduled Income: 85380.00
  • Insurance Expense: 2749.00
  • Lot Size Area: 5539.0000 Square Feet
  • Maintenance Expense: 4000.00
  • Net Operating Income: 57982.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 27398.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Tract Number: 9458
  • Tax Year: 2010

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2011
Closed on
Mar 27, 2012
Sold by
Bought by
Seller's Agent
Stuart Chase
Chase Company
List Price
$1,280,000
Sold Price
$1,100,000
Premium/Discount to List
-$180,000
-14.06%

Purchase Details

Closed on
Oct 13, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
0.057%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 2, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
0.057%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 8, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
0.0609%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2001
Sold by
Bought by

Purchase Details

Closed on
May 1, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
0.0808%
Mortgage Type
Seller Take Back
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,075,000 Chicago Title Company
-- First American Title Company
-- --
$785,000 North American Title
-- Old Republic Title Company
$400,000 Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $715,000
Closed $495,000
Closed $520,000
Closed $260,000
Closed $70,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/17/2012 04/17/12 Sold $1,100,000 -14.1% $263 / Sq Ft
04/02/2012 04/02/12 Pending -- -- --
09/17/2011 09/17/11 For Sale $1,280,000 -- $306 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,837 $1,350,250 $753,629 $596,621
2024 $15,352 $1,323,775 $738,852 $584,923
2023 $15,194 $1,297,819 $724,365 $573,454
2022 $14,525 $1,272,372 $710,162 $562,210
2021 $14,458 $1,247,425 $696,238 $551,187
2019 $13,889 $1,210,428 $675,588 $534,840
2018 $13,764 $1,186,695 $662,342 $524,353
2016 $13,028 $1,140,616 $636,623 $503,993
2015 $12,771 $1,123,484 $627,061 $496,423
2014 $12,777 $1,101,477 $614,778 $486,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: B11122976

California Regional Multiple Listing Service (CRMLS)
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