NOT LISTED FOR SALE
2 Beds
1 Bath
9,328 Sq Ft
0.42 Acres Lot

Sale Details

Date Sold: July 6, 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

  • 18,216 Sq Ft 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

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
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

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 $37,368 $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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