NOT LISTED FOR SALE
6 Beds
6 Baths
3,300 Sq Ft
8,625 Sq Ft Lot

Last Sold May 15, 2019

Last sale price $2,250,000 $682 Per Sq Ft

13 Days on Market

Highlights

  • 4 Car Attached Garage
  • Gussie M. Baker Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of May 2019

**Marketing Package, Disclosures & Tours are available upon request** The buildings boast an exceptional unit mix of two two-bedroom/two-bath units (906 SF) and two one-bedroom/one-bath (719 SF) units. Each unit contains a private enclosed garage along with their own personal in-unit washer and dryer. Ground floor units offer direct access into their private garages. The two-bedroom units include large private yards. The building has received a new roof and has all copper supply piping, and all copper branch circuit wiring.

Last Agent to Sell the Property

Mitchell Zurich

Marcus & Millichap License #01870648 Listed on: 04/24/2019

Co-Listed By

Fred Rubio

Marcus & Millichap License #01984041

Last Buyer's Agent

Gwen Gummow

Coldwell Banker Realty License #01469234

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 8,625 Sq Ft Lot

Parking

  • 4 Car Attached Garage
  • Uncovered Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $121,068

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,440
  • Insurance Expense $1,200
  • Maintenance Expense $2,600
  • Utility Expense $3,331
  • Trash Expense $1,303
  • Operating Expense $39,314
  • Gross Income $117,436

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Parking

4

Listing Details

  • Zoning: R-2
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3300
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3300
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Uncovered Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1980
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8625.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8625.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 18.58
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1200
  • Expense Landscape: 1440
  • Expense Maintenance: 2600
  • Expenses Total: 39314
  • Expenses Utility: 3331
  • Expense Trash: 1303
  • Income Annual Gross: 117436.00
  • Income Annual Rental: 121068
  • Income Gross Scheduled: 121068
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance - Repair, Services - Gardener, Utilities, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3
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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
05/15/2019 05/15/19 Sold $2,250,000 0.0% $682 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $2,250,000 -- $682 / Sq Ft
Source: MLSListings

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 $33,187 $2,509,913 $1,784,828 $725,085
2024 $33,187 $2,460,700 $1,749,832 $710,868
2023 $32,901 $2,412,452 $1,715,522 $696,930
2022 $32,453 $2,365,150 $1,681,885 $683,265
2021 $31,849 $2,318,775 $1,648,907 $669,868
2020 $31,137 $2,295,000 $1,632,000 $663,000
2019 $22,366 $1,637,375 $1,099,913 $537,462
2018 $3,674 $123,409 $32,262 $91,147
2017 $3,538 $120,990 $31,630 $89,360
2016 $3,281 $118,618 $31,010 $87,608
2015 $3,152 $116,838 $30,545 $86,293
2014 $2,985 $114,550 $29,947 $84,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81748577

MLSListings

APN: 403-36-063