NOT LISTED FOR SALE
6 Beds
12 Baths
3,516 Sq Ft
5,349 Sq Ft Lot

Last Sold March 30, 2023

Last sale price $2,075,000 $590 Per Sq Ft

45 Days on Market

Highlights

  • Fenced Yard
  • Ceiling Fan
  • Laundry Facilities
  • Terra Linda High School Rated A-
  • 2 Car Garage

About This Home

As of March 2023

Wow! This is a pride of ownership 5 unit property located in amazing Montecito neighborhood! As you walk up you notice the amazing curb appeal, and the serene setting. Once beyond the gate, it's impeccably landscaped and shows the care and attention to detail of a property you would be proud to own. There are a total of 5 units all are leased. The unit breakdown is as follows: Unit 1: 2 bed / 1 bath; Unit 2: 2 bed / 2 bath, (no unit 3 exists) Unit 4: Studio; Unit 5: 1 bed+ study / 1 bath, Unit 6: 1 bed/1 bath. Close to shopping, restaurants, Whole Foods, Trader Joes and the San Rafael Creek.

Last Agent to Sell the Property

Tina Burke

Inactive Office License #01838777 Listed on: 01/23/2023

Inactive Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 5,349 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Garden Apartment
  • Concrete Foundation

Interior Spaces

  • 6 Bedrooms
  • 3,516 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Utilities

  • Wall Furnace

Community Details

  • 5 Units
  • Laundry Facilities
  • Gross Income $160,200

Listing and Financial Details

  • Assessor Parcel Number 014-064-12

Property Details

Home Type

Multi-Family

Year Built

Built in 1927 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Garden Apartments
  • Directions To Property: Mission to Union north
  • Lot Size Acres: 0.1228
  • Stories: 2
  • CapRate: 7.17
  • Signs: No
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Price Per Square Foot: 590.16
  • Square Footage: 3516.00
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete
  • Lot Features: Shape Regular
  • Property Condition: Updated/Remodeled
  • ExteriorFeatures: Fenced Yard, Yard Space

Garage/Parking

  • Parking Features: Garage, Street
  • Total Parking Spaces: 3.00
  • Garage Spaces: 2.00

Utilities

  • Cooling: Ceiling Fan(s)
  • Sewer: Public Sewer
  • Water Source: Water District
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, In Common Area

Lot Info

  • Assessor Parcel Number: 014-064-12
  • Lot Size Sq Ft: 5349.00

Rental Info

  • TenantPays: See Remarks

Building Info

  • Year Built: 1927

Multi Family

  • 1 Bedroom Rent Range: 1500-3000
  • Two Bedroom Rent Range: 1800-3500
  • Three Bedroom Rent Range: 2500-5000
  • Four Bedroom Rent Range: 4000-8000
  • Number of 1 Bedroom Units: 2
  • Number of Studio Units: 1
  • NumberOfUnitsTotal: 5

MLS Schools

  • School District (County): Marin
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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 Prior Sale
03/30/2023 03/30/23 Sold $2,075,000 0.0% $590 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $2,075,000 0.0% $590 / Sq Ft
02/14/2023 02/14/23 Off Market $2,075,000 -- --
01/23/2023 01/23/23 For Sale $2,075,000 +7.8% $590 / Sq Ft
03/22/2019 03/22/19 Sold $1,925,000 0.0% $547 / Sq Ft View Prior Sale
03/20/2019 03/20/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $1,925,000 +136.2% $547 / Sq Ft
04/30/2012 04/30/12 Sold $815,000 0.0% $288 / Sq Ft View Prior Sale
04/26/2012 04/26/12 Pending -- -- --
01/24/2012 01/24/12 For Sale $815,000 -- $288 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $33,600 $2,158,749 $1,199,581 $959,168
2024 $32,727 $2,116,460 $1,176,060 $940,400
2023 $31,804 $2,063,820 $1,233,018 $830,802
2022 $30,209 $2,023,399 $1,208,845 $814,554
2021 $29,775 $1,983,766 $1,185,144 $798,622
2020 $29,589 $1,963,460 $1,173,000 $790,460
2019 $23,094 $1,448,317 $742,840 $705,477
2018 $20,878 $1,248,399 $728,280 $520,119
2017 $20,224 $1,223,960 $714,000 $509,960
2016 $19,578 $1,200,000 $700,000 $500,000
2015 $15,063 $851,666 $522,550 $329,116
2014 $14,339 $835,024 $512,315 $322,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323001461

Bay Area Real Estate Information Services (BAREIS)

APN: 014-064-12