$1,925,000
SOLD NOV 21, 2024

1080 Memorial Dr Hollister, CA 95023

12 Beds
12 Baths
5,134 Sq Ft
0.25 Acres

Recently Sold

$375 Per Sq Ft

2% Above List Price

2 Days on Market

Highlights

  • Balcony
  • Tile Flooring
  • Ceiling Fan
  • 4 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 4-minute walk to Veterans Memorial Park

About This Home

As of November 2024

This is a well maintained fourplex in Hollister Ca. Units A and D are four bedrooms | 2.5-bathroom units and Units B and C are 2 bedrooms | 2.5-bathroom units. Located in a prime location in Hollister, with easy access to all the local amenities, the property is located next to and across the street from Veterans Memorial Park and is a short walk or drive to the main shopping center area of Hollister. The property was remodeled in 2017. Each unit of the four units has their own attached garage and private backyard. Unit D has a slightly extended backyard and large semi-private area in the front. All four units are tenant occupied.

Last Agent to Sell the Property

John Brigantino

San Benito Realty License #00969942 Listed on: 09/24/2024

Co-Listed By

Gianna Brigantino

San Benito Realty License #02043958

Last Buyer's Agent

Peggy Wheeler

Jardine Wheeler Re Brokerage License #00631480

Property Details

Home Type

  • Multi-Family

Year Built

  • 1985

Parking

  • 4 Car Attached Garage
  • Assigned Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 5,134 Sq Ft Home
  • Ceiling Fan
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • Balcony
  • 0.25 Acre Lot

Listing and Financial Details

  • Total Actual Rent $138,540

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $4,529
  • Manager Expense $4,950
  • Other Expense $720
  • Utility Expense $5,607
  • Trash Expense $1,592
  • Operating Expense $33,886
  • Gross Income $138,540

Property Details

Home Type

Multi-Family

Year Built

1985

Lot Details

0

Parking

4

Listing Details

  • Zoning: Medium Density Residential
  • Subclass: Fourplex
  • Age: 39
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5134
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1985

Interior Features

  • Kitchen: Exhaust Fan
  • Living Sq Ft: 5134
  • Laundry: Hookups Only
  • Flooring: Carpet, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 2
  • Garage Parking Features: Assigned Spaces, Attached Garage, Common Parking Area

Utilities

  • Cooling System: Ceiling Fan, Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Benito High

Lot Info

  • Lot Acres: 0.2547
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11095.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11095.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.68
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 4529
  • Expense Management: 4950
  • Expenses Other: 720
  • Expenses Total: 33886
  • Expenses Utility: 5607
  • Expense Trash: 1592
  • Income Annual Gross: 138540.00
  • Income Annual Rental: 138540
  • Income Gross Scheduled: 138540
  • Income Includes: Rents
  • Meters: Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas

Range of Values:

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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
11/21/2024 11/21/24 Sold $1,925,000 +1.6% $375 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $1,895,000 -- $369 / 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: ML81981464

MLSListings

APN: 056-340-013-000