NOT LISTED FOR SALE
2 Beds
2 Baths
9,951 Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: October 1, 2013

Last sale price $1,400,000 $141 Per Sq Ft

25 Days on Market

About This Home

As of October 2013

WON'T LAST LONG! GREAT INVESTMENT 20 UNIT APARTMENT. IT CONSISTS OF TWO ADJACENT 10-UNIT BUILDINGS ON SEPARATE PARCELS(153-11-2200 & 153-11-2210). ALL UNITS ARE TWO BEDROOMS AND TWO BATHROOMS. THEY BOASTS AMENITIES SUCH AS CENTRAL A/C CONDITIONING , FIREPLACES AND TILE FLOORS. GATED ENTRANCES, CARPORT GATED PARKING, LAUNDRY FACILITIES. DRIVE BY ONLY,PLEASE.

Last Agent to Sell the Property

Ying Chun Cui

J C REALTY CO. License #01268283 Listed on: 07/18/2013

Last Buyer's Agent

Samir Rai

Keystone Realty Group License #01868728

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 14,818 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Home Design

  • 9,951 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 20 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 1809
  • Assessor Parcel Number 0153112200000

Community Details

Overview

  • No Home Owners Association
  • 20 Units

Building Details

  • 18 Leased Units
  • 21 Separate Electric Meters
  • 21 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,300
  • Gardener Expense $2,160
  • Insurance Expense $3,700
  • Maintenance Expense $28,300
  • Professional Management Expense $5,500
  • Trash Expense $3,000
  • Water Sewer Expense $9,670
  • New Taxes Expense $19,500
  • Gross Income $15,301
  • Net Operating Income $112,922

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.34 Acres

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 5500.00
  • Property Attached: Yes
  • Water Sewer Expenses: 9670.00
  • Property Type: Residential Income
  • Gardener Expense: 2160.00
  • Parcel Number: 0153112200000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 140.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 20.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 3000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 14818.00
  • Lot Size Acres: 0.3400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 2300.00
  • Gross Income: 15301.00
  • Gross Scheduled Income: 165252.00
  • Insurance Expense: 3700.00
  • Lot Size Area: 14818.0000 Square Feet
  • Maintenance Expense: 28300.00
  • Net Operating Income: 112922.00
  • Number Of Separate Electric Meters: 21
  • Number Of Separate Gas Meters: 21
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 18
  • Number Of Units Total: 20
  • Operating Expense: 52330.00
  • Rent Control: No
  • Total Actual Rent: 13771.00

Tax Info

  • New Taxes Expense: 19500.00
  • Tax Lot: 1
  • Tax Tract Number: 1809
  • Tax Year: 2012

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

Closed on
Dec 5, 2018
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
$1,470,000
Interest Rate
4.9%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 18, 2013
Closed on
Sep 11, 2013
Sold by
Bought by
Seller's Agent
Ying Chun Cui
J C REALTY CO.
Buyer's Agent
Samir Rai
Keystone Realty Group
List Price
$1,560,000
Sold Price
$1,400,000
Premium/Discount to List
-$160,000
-10.26%

Purchase Details

Closed on
Feb 12, 2002
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
$500,000
Interest Rate
7.18%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Fidelity National Title Co
$1,400,000 First American Title Company
-- First Southwestern Title
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
Open $2,000,000
Closed $1,470,000
Previous Owner $2,000,000
Previous Owner $500,000
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
10/01/2013 10/01/13 Sold $1,400,000 -10.3% $141 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $1,560,000 -- $157 / 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
2026 $10,842 $875,266 $93,779 $781,487
2025 $10,842 $858,104 $91,940 $766,164
2024 $10,620 $841,278 $90,137 $751,141
2023 $10,355 $824,783 $88,370 $736,413
2022 $10,384 $808,611 $86,637 $721,974
2021 $10,412 $792,756 $84,938 $707,818
2020 $10,449 $784,627 $84,067 $700,560
2019 $11,176 $850,000 $155,000 $695,000
2018 $10,011 $754,160 $80,803 $673,357
2017 $9,853 $739,373 $79,219 $660,154
2016 $9,411 $724,876 $77,666 $647,210
2015 $9,437 $713,987 $76,499 $637,488
2014 $9,175 $700,000 $75,000 $625,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13141727

California Regional Multiple Listing Service (CRMLS)
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