NOT LISTED FOR SALE
2 Beds
3 Baths
5,060 Sq Ft
6,934 Sq Ft Lot

Last Sold December 15, 2022

Last sale price $2,200,000 $435 Per Sq Ft

About This Home

As of December 2022

For Comp Purposes Only

Last Agent to Sell the Property

Olga Wright

Lyon Stahl Investment Real Estate, Inc. License #01315042 Listed on: 12/15/2022

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Evelyn Baez Gonzalez

Lyon Stahl Investment Real Estate, Inc. License #02103055

Last Buyer's Agent

Olga Wright

Lyon Stahl Investment Real Estate, Inc. License #01315042 Listed on: 12/15/2022

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 6,934 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Apartment

Interior Spaces

  • 5,060 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 23 / 2
  • Tax Tract Number 2287
  • Assessor Parcel Number 5107008017
  • $1,183 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 20 Units

Building Details

  • 20 Leased Units
  • Rent Control
  • 1 Separate Electric Meter
  • 21 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $14,292
  • Insurance Expense $3,573
  • Maintenance Expense $10,000
  • Professional Management Expense $9,494
  • Trash Expense $6,336
  • Water Sewer Expense $37,860
  • New Taxes Expense $25,740
  • Operating Expense $107,295
  • Gross Income $190,524
  • Net Operating Income $77,567

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

6,934 Sq Ft Lot

Listing Details

  • CapRate: 3.53
  • Professional Management Expense: 9494.00
  • Property Attached: Yes
  • Water Sewer Expenses: 37860.00
  • Zoning: LAR2
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5107008017
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 434.78

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 6336.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 6934.00
  • Lot Size Acres: 0.1592

Multi Family

  • Electric Expense: 14292.00
  • Gross Income: 190524.00
  • Gross Multiplier: 11.55
  • Gross Operating Income: 184862.00
  • Gross Scheduled Income: 190524.00
  • Insurance Expense: 3573.00
  • Lot Size Area: 6934.0000 Square Feet
  • Maintenance Expense: 10000.00
  • Net Operating Income: 77567.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 21
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 20
  • Number Of Units Total: 20
  • Operating Expense: 107295.00
  • Rent Control: Yes
  • Total Actual Rent: 15877.00
  • Total Expenses: 107295.00

Tax Info

  • New Taxes Expense: 25740.00
  • Tax Block: 2
  • Tax Census Tract: 2287.10
  • Tax Lot: 23
  • Tax Tract Number: 2287
  • TaxOtherAnnualAssessmentAmount: 1183.00
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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
12/15/2022 12/15/22 Sold $2,200,000 0.0% $435 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
12/15/2022 12/15/22 For Sale $2,200,000 -- $435 / 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 $33,085 $2,705,040 $832,320 $1,872,720
2024 $33,085 $2,652,000 $816,000 $1,836,000
2023 $32,453 $2,600,000 $800,000 $1,800,000
2022 $12,972 $1,004,979 $231,027 $773,952
2021 $12,800 $985,275 $226,498 $758,777
2019 $12,443 $959,333 $219,781 $739,552
2018 $12,353 $940,588 $215,472 $725,116
2016 $11,756 $900,913 $207,106 $693,807
2015 $11,596 $887,382 $203,996 $683,386
2014 $11,143 $818,980 $61,219 $757,761
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22256075

California Regional Multiple Listing Service (CRMLS)
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