NOT LISTED FOR SALE
8 Beds
4 Baths
3,508 Sq Ft
6,970 Sq Ft Lot

Last Sold December 19, 2012

Last sale price $500,000 $143 Per Sq Ft

33 Days on Market

Highlights

  • Neighborhood Views
  • Level Lot
  • Wall to Wall Carpet
  • Balcony

About This Home

As of December 2012

INVESTORS - YOUR OPPORTUNITY STARTS HERE! Fourplex in excellent condition located in quiet residential area behind Sherwood Gardens Ctr. Units are 2BR/1BA & very well-maintained. Carports, extra spaces, storage, on-site coin laundry. Priced to sell quickly - don't pass this one up! Buyer to verify all figures & info. Please do not disturb tenants.

Last Agent to Sell the Property

Bob Fried

Norm Yop, Inc., Realtors License #01102886 Listed on: 09/06/2012

Last Buyer's Agent

Joseph Hernandez

Steinbeck Realty, Inc. License #00578934

Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Lot Details

  • 6,970

Home Design

  • Quadruplex
  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,508 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Heating System Uses Natural Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Balcony
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $46,800
  • The owner pays for garbage, water

Community Details

Overview

  • 3,508 Sq Ft Building

Building Details

  • Insurance Expense $2,347
  • Maintenance Expense $1,765
  • Utility Expense $539
  • Trash Expense $1,508
  • Operating Expense $10,249
  • Gross Income $47,400

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Zoning: CO/R
  • Subclass: Fourplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 142.53
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3508
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 3508
  • Stories: 2
  • Laundry: Washer/Dryer - Owned Coin-Op
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel, Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1, Off-Street Parking, Carport

Utilities

  • Heating System: Wall Furnace, Gas - Natural
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Storage Locker

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7000.00
  • Lot Size Area Min Search: 7000.00
  • Maximum Lot Size: 7000.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.60

Multi Family

  • Expense Insurance: 2347
  • Expense Maintenance: 1765
  • Expenses Total: 10249
  • Expenses Utility: 539
  • Expense Trash: 1508
  • Expense Water Sewer: 2167
  • Income Annual Gross: 47400.00
  • Income Annual Rental: 46800
  • Income Gross Scheduled: 47400
  • Income Includes: Laundry, Lease
  • Income Laundry: 600
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Utilities - Electric
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Cable Tv, Utilities - Electric
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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 List to Sale Price per Sq Ft
12/19/2012 12/19/12 Sold $500,000 -9.1% $143 / Sq Ft
10/09/2012 10/09/12 Pending -- -- --
09/06/2012 09/06/12 For Sale $550,000 -- $157 / Sq Ft
Source: MLSListings

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 $7,090 $615,706 $123,138 $492,568
2024 $7,090 $603,634 $120,724 $482,910
2023 $6,852 $591,799 $118,357 $473,442
2022 $6,598 $580,196 $116,037 $464,159
2021 $6,339 $568,820 $113,762 $455,058
2020 $6,165 $562,988 $112,596 $450,392
2019 $6,120 $551,950 $110,389 $441,561
2018 $6,044 $541,128 $108,225 $432,903
2017 $6,049 $530,518 $106,103 $424,415
2016 $6,054 $520,117 $104,023 $416,094
2015 $6,106 $512,305 $102,461 $409,844
2014 $5,695 $502,270 $100,454 $401,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81233153

MLSListings

APN: 003-773-022

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