$1,203,300
SOLD AUG 1, 2019
9 Beds
7 Baths
4,557 Sq Ft
5,880 Sq Ft Lot

Recently Sold

$264 Per Sq Ft

4% Below List Price

48 Days on Market

Highlights

  • Living Room with Attached Deck
  • Neighborhood Views
  • Laundry Room
  • Lawn
  • Community Playground
  • Community Barbecue Grill

About This Home

As of March 2022

Freshly painted exterior with some wood replacement. Convenient location close to shopping, hospital and school. Not far from 55, 5, and 405
freeways. Large units, good investment for all levels of investors. Get owner-occupied interest rate for living in one unit. Room to increase rental income. Next rental increase is coming up in July, 2019. Insurance premium includes earthquake which is not required. New owner my manage it himself to reduce costs. Property to be sold "As Is".

Last Agent to Sell the Property

Amy Hsu

Triple-Eight Realty License #00821815 Listed on: 04/16/2019

Last Buyer's Agent

Rita Chang

Pinnacle Real Estate Group License #01952728

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,095

Year Built

  • Built in 1977

Lot Details

  • 5,880 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Fence is in average condition
  • Paved or Partially Paved Lot
  • Irregular Lot
  • No Sprinklers
  • Lawn
  • Back Yard

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 5 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Quadruplex
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 4,557 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Living Room with Attached Deck
  • Living Room Balcony
  • Neighborhood Views

Kitchen

  • Gas Range
  • Free-Standing Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 9
  • Tax Tract Number 9396
  • Assessor Parcel Number 41042112

Community Details

Overview

  • 4 Units
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Playground

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $517
  • Fuel Expense $1,489
  • Insurance Expense $3,016
  • Maintenance Expense $2,353
  • Other Expense $4,200
  • Pest Control $378
  • Professional Management Expense $3,908
  • Supplies Expense $72
  • Water Sewer Expense $2,690
  • New Taxes Expense $13,750
  • Operating Expense $32,613
  • Gross Income $1,448
  • Net Operating Income $45,557

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,095

Year Built

Built in 1977

Lot Details

0

HOA Fees

$350 per month

Parking

5

Listing Details

  • Improvements Percent: 68.00
  • Other Phone Description: office
  • Other Phone Ext: 1006
  • Other Phone Number: 7148218888
  • Professional Management Expense: 3908.00
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Sunwood I (SUN1)
  • Supplies Expense: 72.00
  • View: Yes
  • Water Sewer Expenses: 2690.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 41042112
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Interior Amenities: Formica Counters, Living Room Balcony, Living Room Deck Attached
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Concrete, Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 264.06
  • Room Type: Kitchen, Laundry, Living Room
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls, Frame

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Garage - Single Door, On Site
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Community, Dryer Included
  • Pest Control Expense: 378.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Picnic Area, Playground
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Value Percent: 32.00
  • Lot Features: Back Yard, Greenbelt, Lawn, Irregular Lot, Paved, Sprinklers None
  • Lot Size Sq Ft: 5880.00
  • Lot Size Acres: 0.1350

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 1019 Square Feet
  • Electric Expense: 517.00
  • Fuel Expense: 1489.00
  • Gross Income: 1448.00
  • Gross Multiplier: 15.51
  • Gross Operating Income: 78170.00
  • Gross Scheduled Income: 80588.00
  • Insurance Expense: 3016.00
  • Laundry Income: 1448.00
  • Lot Size Area: 5880.0000 Square Feet
  • Maintenance Expense: 2353.00
  • Net Operating Income: 45557.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 32613.00
  • Operating Expense Percent: 40.00
  • Other Expense: 4200.00
  • Rent Control: No
  • Total Actual Rent: 6595.00
  • Total Expenses: 32613.00
  • Vacancy Allowance: 2418
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 13750.00
  • Tax Area: 11-011
  • Tax Census Tract: 740.05
  • Tax Lot: 9
  • Tax Tract Number: 9396
  • Tax Annual Amount: 6095.00

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $1,530,000 +13.3% $336 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $1,350,000 +12.2% $296 / Sq Ft
08/01/2019 08/01/19 Sold $1,203,300 -1.8% $264 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/21/2019 05/21/19 Price Changed $1,225,000 -2.0% $269 / Sq Ft
04/16/2019 04/16/19 For Sale $1,250,000 -- $274 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19086664

California Regional Multiple Listing Service (CRMLS)

APN: 410-421-12