NOT LISTED FOR SALE
12 Beds
20 Baths
9,528 Sq Ft
0.3 Acres

Last Sold December 31, 2021

Last sale price $4,200,000 $441 Per Sq Ft

6 Days on Market

Highlights

  • 0.3 Acre Lot
  • Laundry Room
  • Wall Furnace
  • Woodrow Wilson High School Rated A
  • Bungalow
  • 1-Story Property

About This Home

As of December 2021

1128 Raymond Ave and 1130 Raymond Ave are being sold together. Each property has 12 Units for a total of 24 Units.

Last Agent to Sell the Property

LLoyd Anastasi

Anastasi Properties, Inc. License #00382510 Listed on: 09/25/2021

Last Buyer's Agent

Chris van Vuuren

Lyon Stahl Investment Real Estate, Inc. License #02060007

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100 x 130
  • Two or More Common Walls
  • Density is over 40 Units/Acre

Home Design

  • Bungalow
  • Property Attached
  • Stucco

Interior Spaces

  • 9,528 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 20 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 18+ / 2
  • Assessor Parcel Number 7260031005
  • $1,742 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 24 Units
  • Circle Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 24 Separate Electric Meters
  • 24 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $130
  • Gardener Expense $150
  • Insurance Expense $300
  • Maintenance Expense $200
  • Pest Control $100
  • Professional Management Expense $1,000
  • Water Sewer Expense $1,100
  • Operating Expense $2,980
  • Gross Income $26,580
  • Net Operating Income $21,390

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Professional Management Expense: 1000.00
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Circle (CA)
  • View: No
  • Water Sewer Expenses: 1100.00
  • Zoning: LBR2N
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Gardener Expense: 150.00
  • Parcel Number: 7260031005
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 440.81

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Pest Control Expense: 100.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Over 40 Units/Acre
  • Lot Size: 100 X 130
  • Lot Size Sq Ft: 13000.00
  • Lot Size Acres: 0.2984

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 130.00
  • Gross Income: 26580.00
  • Gross Scheduled Income: 26580.00
  • Insurance Expense: 300.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 100.00
  • Lot Size Area: 13000.0000 Square Feet
  • Maintenance Expense: 200.00
  • Net Operating Income: 21390.00
  • Number Of Separate Electric Meters: 24
  • Number Of Separate Gas Meters: 24
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 24
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Expenses: 2980.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 5769.01
  • Tax Lot: 18+
  • Tax Tract Number: Ray...
  • TaxOtherAnnualAssessmentAmount: 1742.00
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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
12/31/2021 12/31/21 Sold $4,200,000 +12.0% $441 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $3,750,000 -- $394 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $29,083 $2,228,536 $1,379,570 $848,966
2024 $29,083 $2,184,840 $1,352,520 $832,320
2023 $28,574 $2,142,000 $1,326,000 $816,000
2022 $26,823 $2,100,000 $1,300,000 $800,000
2021 $22,188 $1,715,522 $1,179,421 $536,101
2019 $21,870 $1,665,360 $1,144,440 $520,920
2018 $21,290 $1,632,720 $1,122,000 $510,720
2016 $10,819 $807,714 $440,101 $367,613
2015 $10,409 $795,583 $433,491 $362,092
2014 $9,906 $737,090 $236,921 $500,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21212078

California Regional Multiple Listing Service (CRMLS)