NOT LISTED FOR SALE
10 Beds
8 Baths
6,650 Sq Ft
4,792 Sq Ft Lot

Last Sold August 10, 2017

Last sale price $1,795,100 $270 Per Sq Ft

7 Days on Market

About This Home

As of August 2017

How would you like to have a multi-family property that: a) cash flows very nicely, b) is fully and beautifully renovated so you don't spend a penny for sometime to come and c) has great upside, all in the same package? Well, here it is! This is 8 units in Boyle Hts with 6 current market tenants and two long term low rent tenants. Whenever those two tenants vacate you can add an additional $2K/mo! According to our calculations you should be able to net about $4500/mo or $54,000 annually right now, while putting down about $525K. And all this in a hugely up and coming neighborhood.

Last Agent to Sell the Property

Ken Shapiro

Silverwood Properties License #01715663 Listed on: 02/15/2017

Last Buyer's Agent

Ken Shapiro

Silverwood Properties License #01715663 Listed on: 02/15/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 4,800

Interior Spaces

  • 6,650 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Parking

  • 4 Parking Spaces
  • Tandem Parking

Additional Features

  • 4,800 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5229-006-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

4,800 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6650
  • Stories: 2
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 10
  • Total Bathrooms: 8.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 263.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Tandem
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 472091
  • Assessed Land Value: 314727
  • Assessor Parcel Number: 5229-006-014
  • Geocode Override: No
  • Lot Size Area: 4800

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 11.16
  • Number Of Units: 8
  • Type Of Units: attached
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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
08/10/2017 08/10/17 Sold $1,795,100 +2.6% $270 / Sq Ft
02/15/2017 02/15/17 For Sale $1,749,000 +57.6% $263 / Sq Ft
08/09/2016 08/09/16 Sold $1,110,000 +12.2% $167 / Sq Ft View Prior Sale
06/14/2016 06/14/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $989,000 -- $149 / Sq Ft
Source: The MLS

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 $25,179 $2,042,514 $568,913 $1,473,601
2024 $25,179 $2,002,465 $557,758 $1,444,707
2023 $24,702 $1,963,202 $546,822 $1,416,380
2022 $23,577 $1,924,708 $536,100 $1,388,608
2021 $23,269 $1,886,970 $525,589 $1,361,381
2019 $22,587 $1,831,002 $510,000 $1,321,002
2018 $22,468 $1,795,100 $500,000 $1,295,100
2017 $14,191 $1,110,000 $400,000 $710,000
2016 $10,226 $786,818 $314,727 $472,091
2015 $8,245 $620,491 $173,967 $446,524
2014 $8,320 $608,338 $170,560 $437,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-202368

The MLS
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