NOT LISTED FOR SALE
-- Bed
-- Bath
1,631 Sq Ft
4,356 Sq Ft Lot

Last Sold June 18, 2013

Last sale price $590,000 $362 Per Sq Ft

114 Days on Market

Highlights

  • Traditional Architecture
  • Wood Siding
  • Radiant Heating System
  • Concordia Elementary School Rated A
  • Vinyl Flooring

About This Home

As of June 2013

Single level triplex. Excellent low-maintanance investment opportunity. Easy 5 freeway access from both Christianitos Road and Avenida Calafia. Walking distance to SC Golf Course, shopping, restaurants and the trail leading to Trestles Beach. Quiet and clean residential neighborhood. Each unit is a similar one bedroom one bath with separate living room and kitchen and patio area. Rear unit has covered car port and front unit has driveway parking with extended driveway for additional parking and there is ample street parking. The interior photo's shown above are of unit #3 - the back unit. THIS UNIT IS CURRENTLY VACANT and the owner is preparing it for a new tenant, so this is a good time to view the inside. These units do not last long between tenants - demand is very high! IF YOU VISIT THE PROPERTY PLEASE USE THE DRIVEWAY ON THE SOUTH SIDE THAT LEADS TO THE CARPORT AND REAR UNIT AND DO NOT DISRUPT OR CONTACT THE TENANTS IN THE FRONT TWO UNITS - PLEASE RESPECT THEIR PRIVACY. Interior inspection of occupied units upon acceptance of an offer only.

Last Agent to Sell the Property

Alan Buchanan

Arbor Real Estate License #01372672 Listed on: 04/18/2013

Arbor Real Estate

Last Buyer's Agent

Scott Kidd

Berkshire Hathaway HomeService License #01011063

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 4,356

Home Design

  • Traditional Architecture
  • Flat Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,631 Sq Ft Home
  • Vinyl Flooring
  • Formica Countertops

Parking

  • 3 Parking Spaces
  • 1 Carport Space

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 900
  • Assessor Parcel Number 06010202

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,000
  • Net Operating Income $31,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • CapRate: 4.84
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 06010202
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formica Counters
  • Flooring: Vinyl
  • Levels: One
  • Price Per Square Foot: 361.74

Exterior Features

  • Roof: Flat Tile
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Heating Type: Radiant
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Gross Income: 3000.00
  • Gross Multiplier: 17.81
  • Gross Scheduled Income: 36000.00
  • Net Operating Income: 31000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 500.00

Tax Info

  • Tax Lot: 36
  • Tax Tract Number: 900

Range of Values:

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Average Value
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List Price
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
06/18/2013 06/18/13 Sold $590,000 -8.0% $362 / Sq Ft
05/14/2013 05/14/13 Pending -- -- --
01/20/2013 01/20/13 For Sale $641,000 -- $393 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12004958

California Regional Multiple Listing Service (CRMLS)

APN: 060-102-02