NOT LISTED FOR SALE
9 Beds
7 Baths
4,420 Sq Ft
7,455 Sq Ft Lot

Last Sold July 01, 2024

Last sale price $1,308,000 $296 Per Sq Ft

10 Days on Market

Highlights

  • Granite Countertops
  • Double Pane Windows
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Forced Air Heating System

About This Home

As of July 2024

An outstanding investment opportunity awaits with this well-maintained fourplex, offering an attractive unit mix: (1) 3BD/2BA with fireplace & 2 car garage & (2) 2BD/2BA & 1 car garage & (1) 2BD/1BA & 1 car garage with no HOA. Recent upgrades include New ROOF in 2024, Newer WINDOWS, Newer Garage doors and exterior lights replaced. Tenants are responsible for gas and electricity expenses, while owner covers water, sewer, trash and gardener. Each unit is equipped with laundry hookups in the detached garages.

Last Agent to Sell the Property

Francesca Luteraan

Rodeo Realty Brokerage Phone: 818-618-9368 License #01115331 Listed on: 05/23/2024

Rodeo Realty

Last Buyer's Agent

Yolanda Castro

RE/MAX Gold Coast REALTORS License #01406193

RE/MAX Gold Coast REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 7,455 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • Parking Available

Home Design

  • Quadruplex

Interior Spaces

  • 4,420 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Tile Flooring

Kitchen

  • Gas Range
  • Range Hood
  • Granite Countertops

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 72
  • Tax Tract Number 211901
  • Assessor Parcel Number 2020216110

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $3,486
  • Professional Management Expense $4,767
  • Trash Expense $2,190
  • Water Sewer Expense $5,436
  • Operating Expense $15,879
  • Net Operating Income $82,077

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 4767.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Water Sewer Expenses: 5436.00
  • Zoning: R4PD
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 2020216110
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Price Per Square Foot: 295.93
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Range Hood, Water Heater
  • Heating Type: Fireplace(s), Forced Air, Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 2190.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7455.00
  • Lot Size Acres: 0.1711
  • Latitude Manual: 34.19546300

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1100 Square Feet
  • Average3 Bed Area: 1368 Square Feet
  • Gross Scheduled Income: 97956.00
  • Insurance Expense: 3486.00
  • Lot Size Area: 7455.0000 Square Feet
  • Net Operating Income: 82077.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 15879.00
  • Rent Control: Yes
  • Total Actual Rent: 8163.00
  • Total Expenses: 15879.00

Tax Info

  • Tax Census Tract: 86.01
  • Tax Lot: 72
  • Tax Tract Number: 211901

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
07/01/2024 07/01/24 Sold $1,308,000 -1.3% $296 / Sq Ft
06/03/2024 06/03/24 For Sale $1,325,000 +1.3% $300 / Sq Ft
06/02/2024 06/02/24 Off Market $1,308,000 -- --
06/02/2024 06/02/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $1,325,000 +69.4% $300 / Sq Ft
04/12/2016 04/12/16 Sold $782,000 -1.9% $177 / Sq Ft View Prior Sale
04/11/2016 04/11/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $797,000 -- $180 / 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: SR24102742

California Regional Multiple Listing Service (CRMLS)

APN: 202-0-216-110