NOT LISTED FOR SALE
10 Beds
5 Baths
4,032 Sq Ft
6,927 Sq Ft Lot

Last Sold March 14, 2017

Last sale price $600,000 $149 Per Sq Ft

25 Days on Market

About This Home

As of March 2017

INCREDIBLE INVESTMENT OPPORTUNITY WITH TREMENDOUS RENTAL UPSIDE (over 100%)!

All units are large two bed/one bath with spacious kitchens and dining areas. Property is individually metered for gas and electricity and units have individual water heaters. Eight Parking Spots (Three Garages).

Three of five units have had varying degrees of updating/remodeling; some of which includes: vinyl planked flooring ceiling fans, crown molding, granite countertops, updated kitchen cabinetry, washer/dryer hookups and more!

Property has very nice curb appeal is located close to major employers and freeways.

Last Agent to Sell the Property

Joshua Cohen

Keller Williams Realty License #01346713 Listed on: 01/27/2017

Keller Williams Realty

Last Buyer's Agent

Joshua Cohen

Keller Williams Realty License #01346713 Listed on: 01/27/2017

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,927 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Open Parking Spaces
  • 3 Car Garage

Home Design

  • 4,032 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 5107009020

Community Details

Overview

  • 5 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $18,969
  • Gross Income $100
  • Net Operating Income $23,219

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

6,927 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 3.57
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5107009020
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 148.81

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 5.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6927.00

Multi Family

  • Gross Income: 100.00
  • Gross Multiplier: 15.22
  • Gross Operating Income: 42188.00
  • Gross Scheduled Income: 42696.00
  • Net Operating Income: 23219.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 18969.00
  • Operating Expense Percent: 44.43
  • Rent Control: Yes
  • Total Expenses: 18969.00
  • Vacancy Allowance Rate: 4.00

Tax Info

  • Tax Census Tract: 2287.10
  • Tax Lot: 21
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
03/14/2017 03/14/17 Sold $600,000 -7.7% $149 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $650,000 +85.7% $161 / Sq Ft
11/26/2013 11/26/13 Sold $350,000 -30.0% $87 / Sq Ft View Prior Sale
10/24/2013 10/24/13 Pending -- -- --
06/11/2013 06/11/13 For Sale $500,000 -- $124 / 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 $9,195 $696,346 $406,201 $290,145
2024 $9,195 $682,693 $398,237 $284,456
2023 $9,033 $669,308 $390,429 $278,879
2022 $8,644 $656,185 $382,774 $273,411
2021 $8,526 $643,319 $375,269 $268,050
2019 $8,291 $624,240 $364,140 $260,100
2018 $8,157 $612,000 $357,000 $255,000
2016 $5,047 $362,436 $207,106 $155,330
2015 $4,983 $356,993 $203,996 $152,997
2014 $5,031 $350,000 $200,000 $150,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17017636

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.