NOT LISTED FOR SALE
6 Beds
4 Baths
2,141 Sq Ft
9,583 Sq Ft Lot

Last Sold August 22, 2013

Last sale price $790,000 $369 Per Sq Ft

7 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 1-Story Property
  • Guest Parking

About This Home

As of August 2013

Amazing Investment Opportunity, Currently Rented Under Market! 3 Detached, Separate Homes on 1 Huge 9,583 SF Lot! Features inside laundries, dual-pane windows, copper plumbing, 2 new H2O heaters, hardwood floors, new gutters on All homes & new roof on rear home, private yards, front home w/basement, 2 homes w/garage, off-street parking. Spacious 4br/2ba home in rear of property w/great backyard!

Last Agent to Sell the Property

Chad Hester

Christie's International Real Estate Sereno License #01263517 Listed on: 07/15/2013

Christie's International Real Estate Sereno

Last Buyer's Agent

Moti Mizrahi

Coldwell Banker Realty License #01209461

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1938

Lot Details

  • 9,583

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,141 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Parking

  • Private Parking
  • Guest Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Sprinkler System

Listing and Financial Details

  • Total Actual Rent $50,124
  • The owner pays for garbage, water

Community Details

Overview

  • 3 Units
  • 2,141 Sq Ft Building

Building Details

  • Insurance Expense $1,710
  • Maintenance Expense $2,603
  • Trash Expense $1,080
  • Operating Expense $12,541
  • Gross Income $50,124

Property Details

Home Type

Multi-Family

Year Built

1938

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Triplex
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Property Inspection, Roof, Flood Zone
  • Sale Price Per Sq Ft: 368.99
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 2141
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1938

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Garbage Disposal, Oven Range
  • Living Sq Ft: 2141
  • Stories: 1
  • Laundry: Laundry Area - In All Units
  • Flooring: Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Sprinklers - Lawn

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Heating System: Wall Furnace, Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Lot Info

  • Lot Location: Court
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9750.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9750.00
  • Lot Size Area Min Search: 9750.00
  • Maximum Lot Size: 9750.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.93

Multi Family

  • Expense Insurance: 1710
  • Expense Maintenance: 2603
  • Expenses Total: 12541
  • Expense Trash: 1080
  • Expense Water Sewer: 1080
  • Income Annual Gross: 50124.00
  • Income Annual Rental: 50124
  • Income Gross Scheduled: 50124
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 3
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Insurance, Maintenance - Repair
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
08/22/2013 08/22/13 Sold $790,000 +13.2% $369 / Sq Ft
07/22/2013 07/22/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $698,000 -- $326 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81325678

MLSListings