$795,000
SOLD JAN 21, 2014
8 Beds
-- Bath
3,328 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$239 Per Sq Ft

5% Above List Price

6 Days on Market

About This Home

As of January 2015

!!!HURRY WON'T LAST FOR LONG!!! LOOKING FOR A GOOD INVESTMENT PROPERTY THIS IS ONE OF THE BEST IN THIS AREA, GREAT POTENTIAL RENTAL INCOME,CLOSE TO SCHOOL. NEAR 280/101 FREEWAYS & SHOPPING CENTERS. THE LOCATION MAKES EASY TO RENT. DON'T MISS OUT THE BEST PRO IN THE AREA. DOUBLE PANEL WINDOWS, AND MANY MORE FEATURES. PLEASE DRIVE BY ONLY DO NOT DISTURB TENANTS. AS IS SALE ONLY

Last Agent to Sell the Property

Leslie Arauz

Valley Real Estate Services License #01269280 Listed on: 01/04/2014

Last Buyer's Agent

BILL BORK

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Flooring

  • Carpet
  • Tile

Utilities

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

Additional Features

  • Balcony
  • Sprinkler System

Listing and Financial Details

  • Total Actual Rent $60,000
  • The owner pays for garbage, water

Community Details

Overview

  • 3,328 Sq Ft Building

Building Details

  • Gardener Expense $500
  • Insurance Expense $1,100
  • Maintenance Expense $1,000
  • Utility Expense $150
  • Trash Expense $120
  • Operating Expense $15,808
  • Gross Income $61,500

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Age: 53
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 238.88
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3328
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 3328
  • Stories: 2
  • Laundry: Washer/Dryer - Owned Coin-Op
  • Flooring: Tile, Carpet - Wall To Wall, Carpet

Exterior Features

  • Roof: Shingle
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Lawn, Balcony / Patio

Garage/Parking

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

Utilities

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

Schools

  • School District: East Side Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6120.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6120.00
  • Lot Size Area Min Search: 6120.00
  • Maximum Lot Size: 6120.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.28

Multi Family

  • Expense Insurance: 1100
  • Expense Landscape: 500
  • Expense Maintenance: 1000
  • Expenses Total: 15808
  • Expenses Utility: 150
  • Expense Trash: 120
  • Expense Water Sewer: 850
  • Income Annual Gross: 61500.00
  • Income Annual Rental: 60000
  • Income Gross Scheduled: 61500
  • Income Includes: Laundry, Lease
  • Income Laundry: 1500
  • Maximum Building Height: 2
  • Meters: Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Fee - Property Tax
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric

Range of Values:

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Sold Price
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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
01/29/2015 01/29/15 Sold $887,000 -0.9% $267 / Sq Ft
12/22/2014 12/22/14 Pending -- -- --
12/15/2014 12/15/14 For Sale $895,000 +12.6% $269 / Sq Ft
01/21/2014 01/21/14 Sold $795,000 +5.3% $239 / Sq Ft
01/10/2014 01/10/14 Pending -- -- --
01/04/2014 01/04/14 For Sale $755,000 -- $227 / 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: ML81400238

MLSListings

APN: 472-02-143