NOT LISTED FOR SALE
3 Beds
2 Baths
23,694 Sq Ft
0.92 Acre Lot

Sale Details

Date Sold: April 26, 2013

Last sale price $2,625,000 $111 Per Sq Ft

20 Days on Market

About This Home

As of April 2013

High demand rental area.

Last Agent to Sell the Property

Tanya Chen

IRN Realty License #01438953 Listed on: 04/01/2013

IRN Realty

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 40,126 Sq Ft Lot
  • No Common Walls
  • Density is 26-30 Units/Acre

Parking

  • 30 Parking Spaces

Home Design

  • 23,694 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 8327011021

Community Details

Overview

  • 30 Units
  • Valley

Building Details

  • 21 Leased Units
  • 32 Separate Electric Meters
  • 32 Separate Gas Meters
  • 32 Separate Water Meters
  • Electric Expense $4,223
  • Insurance Expense $7,015
  • Maintenance Expense $13,238
  • Professional Management Expense $14,400
  • Water Sewer Expense $20,526
  • New Taxes Expense $34,302
  • Gross Income $26,479
  • Net Operating Income $166,749

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.92 Acres

Listing Details

  • Professional Management Expense: 14400.00
  • Property Attached: No
  • Water Sewer Expenses: 20526.00
  • Property Type: Residential Income
  • Parcel Number: 8327011021
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 110.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 30.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Valley

Lot Info

  • Lot Features: 26-30 Units/Acre
  • Lot Size Sq Ft: 40126.00
  • Lot Size Acres: 0.9210

Multi Family

  • Electric Expense: 4223.00
  • Gross Income: 26479.00
  • Gross Scheduled Income: 315000.00
  • Insurance Expense: 7015.00
  • Lot Size Area: 40126.0000 Square Feet
  • Maintenance Expense: 13238.00
  • Net Operating Income: 166749.00
  • Number Of Separate Electric Meters: 32
  • Number Of Separate Gas Meters: 32
  • Number Of Separate Water Meters: 32
  • Number Of Units Leased: 21
  • Number Of Units Total: 30
  • Operating Expense: 43280.00
  • Rent Control: No
  • Total Actual Rent: 19850.00

Tax Info

  • New Taxes Expense: 34302.00
  • Tax Lot: 90
  • Tax Tract Number: 641B2
  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 1, 2013
Closed on
Apr 19, 2013
Sold by
Bought by
Seller's Agent
Tanya Chen
IRN Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$2,700,000
Sold Price
$2,625,000
Premium/Discount to List
-$75,000
-2.78%

Purchase Details

Closed on
Jun 13, 2012
Sold by
Bought by

Purchase Details

Closed on
May 18, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 10, 2006
Sold by
Bought by

Purchase Details

Closed on
Nov 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,167,750
Interest Rate
6.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 24, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,577
Interest Rate
6.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 1997
Sold by
Bought by

Purchase Details

Closed on
Mar 26, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,335,000 Chicago Title Company
$2,625,000 Pacific Coast Title Company
-- Old Republic Title Company
-- Old Republic Title Company
-- None Available
-- None Available
-- Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
-- Southland Title
-- Fidelity Title
-- --
$595,000 Equity Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,400,000
Closed $3,500,000
Previous Owner $1,968,750
Previous Owner $2,167,750
Previous Owner $1,300,000
Previous Owner $729,577
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/26/2013 04/26/13 Sold $2,625,000 -2.8% $111 / Sq Ft
04/21/2013 04/21/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $2,700,000 -- $114 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $83,535 $5,951,290 $3,346,555 $2,604,735
2024 $76,400 $5,834,599 $3,280,937 $2,553,662
2023 $74,918 $5,720,196 $3,216,605 $2,503,591
2022 $73,768 $5,608,036 $3,153,535 $2,454,501
2021 $72,062 $5,498,075 $3,091,701 $2,406,374
2020 $71,835 $5,442,800 $3,060,000 $2,382,800
2019 $73,628 $5,336,100 $3,000,000 $2,336,100
2018 $39,686 $2,842,031 $1,758,672 $1,083,359
2016 $37,120 $2,730,617 $1,690,382 $1,040,235
2015 $36,798 $2,689,601 $1,664,991 $1,024,610
2014 $39,293 $2,636,917 $1,632,377 $1,004,540
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR13071627

California Regional Multiple Listing Service (CRMLS)
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