NOT LISTED FOR SALE
6 Beds
3 Baths
2,750 Sq Ft
4,008 Sq Ft

Last Sold September 21, 2012

Last sale price $699,000 $254 Per Sq Ft

62 Days on Market

Highlights

  • Laundry Facilities
  • Carpet
  • Heating System Uses Natural Gas
  • Clarence Lobo Elementary School Rated A-

About This Home

As of September 2012

Tripex is fully occupied. All units are of very similar floor plan to photos shown. Upstairs rear unit was completly remodeled in 1/12 with new walls, carpet, flooring, kitchen cabinets, faucets, sink, appliances including refrigerator),window coverings. Each unit is a two bedroom, one bath of approx. 786 SF. Each unit has a one car attached garage with newer locking doors. Community coin operated laundry area on main level of building. Yard in back is shared by tenants. New composite roof was installed last year. Exterior of building was painted 1/12. New gas wall heaters in two units. Garage, driveway and street parking. Short distance to Avenida Del Mar shopping, restaurants.

Last Agent to Sell the Property

Linda Ray

Berkshire Hathaway HomeServic License #01022330 Listed on: 07/07/2012

Last Buyer's Agent

Doug Echelberger

Inhabit Collective License #01176379

Inhabit Collective

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Parking

  • 3 Car Garage
  • Front Facing Garage

Home Design

  • 2,750 Sq Ft Home
  • Shingle Roof
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Leased Washer and Dryer

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Legal Lot and Block 15 / 4
  • Tax Tract Number 793
  • Assessor Parcel Number 05715628

Community Details

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $144
  • Insurance Expense $1,029
  • Other Expense $360
  • Trash Expense $612
  • Water Sewer Expense $1,908
  • New Taxes Expense $7,500
  • Gross Income $4,300
  • Net Operating Income $48,507

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

4,000 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: No
  • CapRate: 6.47
  • View: No
  • Water Sewer Expenses: 1908.00
  • Property Type: Residential Income
  • Parcel Number: 05715628
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 254.18

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Community
  • Trash Expense: 612.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 40x100
  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0920

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 786
  • Electric Expense: 144.00
  • Gross Income: 4300.00
  • Gross Multiplier: 14.53
  • Gross Scheduled Income: 51600.00
  • Insurance Expense: 1029.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 4000.0000 Square Feet
  • Net Operating Income: 48507.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 1
  • Number With Disposal: 3
  • Number With Refrigerator: 1
  • Operating Expense: 4293.00
  • Other Expense: 360.00
  • Other Expense Description: Laundry
  • Total Actual Rent: 51600.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Area: 10000
  • Tax Block: 4
  • Tax Lot: 15
  • Tax Tract Number: 793
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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
09/21/2012 09/21/12 Sold $699,000 -6.8% $254 / Sq Ft
09/07/2012 09/07/12 Pending -- -- --
07/07/2012 07/07/12 For Sale $750,000 -- $273 / 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 $8,563 $860,762 $712,997 $147,765
2024 $8,563 $843,885 $699,017 $144,868
2023 $8,382 $827,339 $685,311 $142,028
2022 $8,223 $811,117 $671,873 $139,244
2021 $8,064 $795,213 $658,699 $136,514
2020 $7,984 $787,060 $651,945 $135,115
2019 $7,827 $771,628 $639,162 $132,466
2018 $7,677 $756,499 $626,630 $129,869
2017 $7,527 $741,666 $614,343 $127,323
2016 $7,383 $727,124 $602,297 $124,827
2015 $7,272 $716,202 $593,250 $122,952
2014 $7,133 $702,173 $581,629 $120,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S704272

California Regional Multiple Listing Service (CRMLS)

APN: 057-156-28

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