NOT LISTED FOR SALE
-- Bed
7 Baths
9,750 Sq Ft
6,522 Sq Ft Lot

Last Sold July 31, 2014

Last sale price $1,350,000 $138 Per Sq Ft

62 Days on Market

About This Home

As of July 2014

Perfect Multi-Units for investors seeking income! This is a 24 Unit Building all currently tenant occupied. All units are singles. Rear part of building has new roof just installed in 2014. Also, there is new copper plumbing installed in 2012. Units are in very good conditions.

Last Agent to Sell the Property

Nelson Sanchez

Century 21 A Better Service License #01219209 Listed on: 04/30/2014

Century 21 A Better Service

Last Buyer's Agent

Mike Iryami

BRC Advisors- BH License #01825516

BRC Advisors- BH

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,522 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Home Design

  • Property Attached

Interior Spaces

  • 7 Bathrooms
  • 9,750 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Tenant pays for cable TV
  • Tax Lot 17
  • Tax Tract Number 1103
  • Assessor Parcel Number 5115034017

Community Details

Overview

  • No Home Owners Association
  • 24 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,235
  • Maintenance Expense $7,800
  • Professional Management Expense $7,200
  • Water Sewer Expense $25,716
  • New Taxes Expense $17,500
  • Gross Income $15,680
  • Net Operating Income $122,064

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 7200.00
  • Property Attached: Yes
  • Water Sewer Expenses: 25716.00
  • Property Type: Residential Income
  • Parcel Number: 5115034017
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 138.46

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 6522.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Gross Income: 15680.00
  • Gross Scheduled Income: 188160.00
  • Insurance Expense: 2235.00
  • Lot Size Area: 6522.0000 Square Feet
  • Maintenance Expense: 7800.00
  • Net Operating Income: 122064.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 24
  • Operating Expense: 60451.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 17500.00
  • Tax Lot: 17
  • Tax Tract Number: 1103
  • Tax Year: 2013

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
07/31/2014 07/31/14 Sold $1,350,000 -3.6% $138 / Sq Ft
07/01/2014 07/01/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $1,400,000 -- $144 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $20,792 $1,622,488 $600,920 $1,021,568
2024 $20,792 $1,590,676 $589,138 $1,001,538
2023 $20,413 $1,559,487 $577,587 $981,900
2022 $19,513 $1,528,910 $566,262 $962,648
2021 $19,236 $1,498,932 $555,159 $943,773
2019 $18,691 $1,454,475 $538,694 $915,781
2018 $18,614 $1,425,957 $528,132 $897,825
2016 $17,691 $1,370,587 $507,625 $862,962
2015 $17,448 $1,350,000 $500,000 $850,000
2014 $18,455 $1,389,029 $969,869 $419,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14088849

California Regional Multiple Listing Service (CRMLS)