NOT LISTED FOR SALE
10 Beds
6 Baths
4,721 Sq Ft
6,962 Sq Ft Lot

Sale Details

Date Sold: December 23, 2016

Last sale price $1,095,000 $232 Per Sq Ft

3 Days on Market

Highlights

  • Wood Flooring
  • Laundry Facilities
  • Wall Furnace
  • No HOA

About This Home

As of December 2016

Great Mix of units. with quality tenants that have been there for years. No rent control and the possibility of raising the rent to market value to maximize profit. Covered parking below and rental units up top.

Last Agent to Sell the Property

Don Mossimo

Keystone Realty License #00455559 Listed on: 10/18/2016

Last Buyer's Agent

George Gorgy

Premier Investors R.E., Inc. License #01145543

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,962 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Apartment

Interior Spaces

  • 4,721 Sq Ft Home
  • 2-Story Property
  • Leased Washer and Dryer

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Gas Water Heater
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 230
  • Tax Tract Number 60214
  • Assessor Parcel Number 4047012014

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Electric Expense $400
  • Gardener Expense $1,200
  • Insurance Expense $2,500
  • Professional Management Expense $4,800
  • Trash Expense $1,200
  • Water Sewer Expense $3,100
  • New Taxes Expense $13,500
  • Gross Income $80,700
  • Net Operating Income $53

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

6,962 Sq Ft Lot

Listing Details

  • Professional Management Expense: 4800.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3100.00
  • Zoning: HAR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4047012014
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 231.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Unknown
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6962.00

Multi Family

  • Electric Expense: 400.00
  • Gross Income: 80700.00
  • Gross Scheduled Income: 80700.00
  • Insurance Expense: 2500.00
  • Laundry Equipment Own Lease: Lease
  • Net Operating Income: 52.80
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 27900.00
  • Rent Control: No
  • Total Actual Rent: 6325.00

Tax Info

  • New Taxes Expense: 13500.00
  • Tax Census Tract: 6021.04
  • Tax Lot: 230
  • Tax Tract Number: 60214

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
Oct 18, 2016
Closed on
Nov 3, 2016
Sold by
Bought by
Seller's Agent
Don Mossimo
Keystone Realty
Buyer's Agent
George Gorgy
Premier Investors R.E., Inc.
List Price
$1,095,000
Sold Price
$1,095,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 2010
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
$416,300
Interest Rate
4.52%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 16, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 2008
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
$20,000
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 1999
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
$313,938
Interest Rate
7.68%
Mortgage Type
FHA
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
$1,095,000 First American Title Ins Co
$625,000 Chicago Title Company
-- None Available
-- None Available
$290,500 Fidelity Title
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 $560,000
Previous Owner $416,300
Previous Owner $20,000
Previous Owner $324,911
Previous Owner $322,487
Previous Owner $313,938
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
12/23/2016 12/23/16 Sold $1,095,000 0.0% $232 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
10/18/2016 10/18/16 For Sale $1,095,000 -- $232 / 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 $17,450 $1,270,835 $458,428 $812,407
2024 $16,719 $1,245,918 $449,440 $796,478
2023 $16,122 $1,221,489 $440,628 $780,861
2022 $16,347 $1,197,539 $431,989 $765,550
2021 $16,126 $1,174,059 $423,519 $750,540
2019 $15,576 $1,139,238 $410,958 $728,280
2018 $14,981 $1,116,900 $402,900 $714,000
2016 $9,467 $676,411 $324,677 $351,734
2015 $9,265 $666,252 $319,801 $346,451
2014 $9,236 $653,202 $313,537 $339,665
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16729564

California Regional Multiple Listing Service (CRMLS)
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