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

Sale Details

Date Sold: December 31, 2021

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

6 Days on Market

Highlights

  • 0.3 Acre Lot
  • Bungalow
  • Wall Furnace
  • Woodrow Wilson High School Rated A
  • Laundry Facilities
  • 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.
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 13,000 Sq Ft 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
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 20 Bathrooms

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

0.3 Acres

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

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

Listed on
Sep 25, 2021
Closed on
Dec 2, 2021
Sold by
Bought by
Seller's Agent
LLoyd Anastasi
Anastasi Properties, Inc.
Buyer's Agent
Chris van Vuuren
Lyon Stahl Investment Real Estate, Inc.
List Price
$3,750,000
Sold Price
$4,200,000
Premium/Discount to List
$450,000
12%

Purchase Details

Closed on
Oct 17, 2016
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
$2,225,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2015
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
$2,100,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2009
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
$1,050,000
Interest Rate
5.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2009
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
$1,050,000
Interest Rate
5.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2009
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
$1,050,000
Interest Rate
5.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2009
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
$1,050,000
Interest Rate
5.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 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
$660,000
Interest Rate
5.54%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2000
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
$266,250
Interest Rate
9.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 1999
Sold by
Bought by

Purchase Details

Closed on
Jul 8, 1998
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
$23,151
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 1997
Sold by
Bought by

Purchase Details

Closed on
Nov 25, 1997
Sold by
Bought by

Purchase Details

Closed on
May 20, 1997
Sold by
Bought by

Purchase Details

Closed on
Nov 25, 1996
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 1996
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 1996
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 1995
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 1994
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
$4,200,000 Lawyers Title
$3,200,000 Chicago Title
-- First American Title Company
-- None Available
-- None Available
-- None Available
-- North American Title Company
$1,425,000 North American Title Company
$1,160,000 American Title Co
$355,000 Fidelity National Title
-- Stewart Title
-- Stewart Title
-- --
-- Fidelity National Title Co
-- --
-- --
-- --
-- First American
-- --
$115,000 --
$223,000 North American Title Company
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
Previous Owner $2,225,000
Previous Owner $2,100,000
Previous Owner $1,260,000
Previous Owner $1,040,000
Previous Owner $1,050,000
Previous Owner $660,000
Previous Owner $266,250
Previous Owner $23,151
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
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

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 $30,393 $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)
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