NOT LISTED FOR SALE
12 Beds
12 Baths
6,694 Sq Ft
5,854 Sq Ft Lot

Last Sold July 22, 2020

Last sale price $2,150,000 $321 Per Sq Ft

146 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Landscaped
  • Woodrow Wilson High School Rated A
  • 12 Detached Carport Spaces

About This Home

As of July 2020

Great building built in 1987. The building offers 8 units with parking and balconies. There are 4 units that are 2 bedrooms and 2 baths. 4 units 1 bedroom and 1 bath. 2 of the units have fireplaces, On-site laundry. Close to CSULB, bus lines Recreation Park.

Last Agent to Sell the Property

Linda Ethier

Linda Ethier, Broker License #00669385 Listed on: 01/25/2020

Last Buyer's Agent

Anthony Walker

Buckingham Investments, Inc License #01908153

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 5,855 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Front Yard Sprinklers
  • Density is 6-10 Units/Acre

Home Design

  • 6,694 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Parking

  • 12 Parking Spaces
  • 12 Detached Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 7241

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 12 Leased Units
  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $663
  • Fuel Expense $622
  • Insurance Expense $1,974
  • Trash Expense $305
  • Water Sewer Expense $3,070
  • New Taxes Expense $28,000
  • Operating Expense $34,000
  • Gross Income $126,600
  • Net Operating Income $120,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

5,855 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • Water Sewer Expenses: 3070.00
  • Property Type: Residential Income
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 321.18

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 12.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport
  • Total Parking Spaces: 12.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Trash Expense: 305.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Landscaped, Sprinklers In Front
  • Lot Size Sq Ft: 5855.00
  • Lot Size Acres: 0.1344

Multi Family

  • Electric Expense: 663.00
  • Fuel Expense: 622.00
  • Gross Income: 126600.00
  • Gross Scheduled Income: 126600.00
  • Insurance Expense: 1974.00
  • Lot Size Area: 5855.0000 Square Feet
  • Net Operating Income: 120000.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 12
  • Number Of Units Total: 8
  • Operating Expense: 6000.00
  • Rent Control: Yes
  • Total Actual Rent: 10550.00
  • Total Expenses: 34000.00

Tax Info

  • New Taxes Expense: 28000.00
  • Tax Lot: 29
  • Tax Tract Number: 7241
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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
07/22/2020 07/22/20 Sold $2,150,000 -4.4% $321 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $2,250,000 +4.7% $336 / Sq Ft
04/09/2020 04/09/20 Off Market $2,150,000 -- --
03/26/2020 03/26/20 For Sale $2,250,000 0.0% $336 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $2,250,000 0.0% $336 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
01/25/2020 01/25/20 For Sale $2,250,000 -- $336 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $29,923 $2,327,227 $1,407,161 $920,066
2024 $29,923 $2,281,596 $1,379,570 $902,026
2023 $29,416 $2,236,860 $1,352,520 $884,340
2022 $27,609 $2,193,000 $1,326,000 $867,000
2021 $27,047 $2,150,000 $1,300,000 $850,000
2020 $20,327 $1,574,470 $809,341 $765,129
2019 $20,089 $1,543,607 $793,472 $750,135
2018 $19,561 $1,513,349 $777,914 $735,435
2016 $17,981 $1,454,201 $747,707 $706,494
2015 $16,115 $1,330,000 $678,400 $651,600
2014 $16,321 $1,330,000 $678,400 $651,600
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20017711

California Regional Multiple Listing Service (CRMLS)
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