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

Sale Details

Date 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

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
12/15/2022 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

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 $33,441 $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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