NOT LISTED FOR SALE
2 Beds
1 Bath
9,328 Sq Ft
18,217 Sq Ft Lot

Last Sold July 06, 2020

Last sale price $2,580,000 $277 Per Sq Ft

36 Days on Market

Highlights

  • 0.42 Acre Lot
  • Paved or Partially Paved Lot
  • Wall Furnace
  • Property is near public transit

About This Home

As of July 2020

We are pleased to present this great opportunity to acquire a total of 16 units all 2 bedroom, 1 bath each. 2 buildings with 8 units each plenty of parking look at the lot size 18,216 the 2 buildings are individually metered for gas and electricity

Last Agent to Sell the Property

Ramon Chavez

Dreamwork Realty Inc. License #00938353 Listed on: 02/17/2020

Last Buyer's Agent

Ramon Chavez

Dreamwork Realty Inc. License #00938353 Listed on: 02/17/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 189x96
  • No Common Walls
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • 9,328 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Private Water Source

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 148
  • Tax Tract Number 13193
  • Assessor Parcel Number 6086036022

Community Details

Overview

  • 2 Buildings
  • 16 Units

Building Details

  • Rent Control
  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,775
  • Professional Management Expense $9,022
  • Trash Expense $5,810
  • Water Sewer Expense $9,993
  • New Taxes Expense $35,000
  • Operating Expense $63,600
  • Gross Income $197,016
  • Net Operating Income $130,635

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0.42 Acres

Listing Details

  • Professional Management Expense: 9022.00
  • Property Attached: No
  • Water Sewer Expenses: 9993.00
  • Property Type: Residential Income
  • Parcel Number: 6086036022
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 276.59

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: No
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 5810.00
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Level, Near Public Transit, Paved
  • Lot Size: 189x96
  • Lot Size Sq Ft: 18216.00
  • Lot Size Acres: 0.4182

Multi Family

  • Gross Income: 197016.00
  • Gross Scheduled Income: 197016.00
  • Insurance Expense: 3775.00
  • Lot Size Area: 18216.0000 Square Feet
  • Net Operating Income: 130635.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 16
  • Operating Expense: 63600.00
  • Rent Control: Yes
  • Total Expenses: 63600.00

Tax Info

  • New Taxes Expense: 35000.00
  • Tax Lot: 148
  • Tax Tract Number: 13193
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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
07/06/2020 07/06/20 Sold $2,580,000 -7.9% $277 / Sq Ft
03/24/2020 03/24/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $2,800,000 0.0% $300 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $2,800,000 -- $300 / 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 $36,847 $2,792,673 $1,515,404 $1,277,269
2024 $36,847 $2,737,916 $1,485,691 $1,252,225
2023 $36,166 $2,684,232 $1,456,560 $1,227,672
2022 $34,600 $2,631,600 $1,428,000 $1,203,600
2021 $34,149 $2,580,000 $1,400,000 $1,180,000
2020 $23,062 $1,603,386 $840,727 $762,659
2019 $22,231 $1,571,948 $824,243 $747,705
2018 $21,860 $1,541,127 $808,082 $733,045
2016 $20,797 $1,481,285 $776,704 $704,581
2015 $19,306 $1,360,000 $708,000 $652,000
2014 $17,792 $1,200,000 $625,000 $575,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20036299

California Regional Multiple Listing Service (CRMLS)
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