NOT LISTED FOR SALE
3 Beds
2 Baths
1,800 Sq Ft
8,054 Sq Ft Lot

Last Sold September 17, 2021

Last sale price $750,000 $417 Per Sq Ft

116 Days on Market

Highlights

  • No Units Above
  • Converted Garage
  • Galley Kitchen
  • No HOA
  • Two Homes on a Lot
  • Living Room

About This Home

As of September 2021

Seller will entertain offers within value range pricing. Rarely available Two Units - Two Houses on One Lot! Adjoined by 2 Car Garage. Great Opportunity. Fully leased to long term tenants. Front house 2 Bedroom 1 Bathroom 1 Car Garage with 3rd Bedroom in former garage. Rear House built in 1980's is a 3 Bedroom 2 Bathroom 1 Car Garage. Both have private yards and plenty of parking. Situated on Large 8056 square foot lot. Please do not disturb occupants or walk the property. Thank you.

Last Agent to Sell the Property

Carri Fernandez

Berkshire Hathaway HomeService License #00806772 Listed on: 04/15/2021

Berkshire Hathaway HomeService

Last Buyer's Agent

Sean Bascom

South Coast Commercial, Inc. License #01862044

South Coast Commercial, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 8,056 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Wood Fence
  • Chain Link Fence
  • Fence is in fair condition
  • Paved or Partially Paved Lot
  • Level Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Converted Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Driveway
  • Off-Street Parking
  • RV Potential

Home Design

  • Duplex
  • Entry on the 1st floor
  • Raised Foundation
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Storage

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Water Heater

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tax Lot 01285
  • Tax Tract Number 2629
  • Assessor Parcel Number 6192010400

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • New Taxes Expense $8,500
  • Operating Expense $500
  • Gross Income $43,200
  • Net Operating Income $42,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

8,056 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 4.30
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Zoning: R-2:MINOR MULTIPLE
  • Architectural Style: Ranch
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6192010400
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Storage
  • Stories: 1
  • Common Walls: No One Above, No One Below
  • Flooring: Laminate, Carpet, Tile, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 416.67
  • Room Type: All Bedrooms Down, Galley Kitchen, Kitchen, Living Room, Master Bedroom

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Chain Link, Fair Condition, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Converted Garage, Driveway, Asphalt, Garage Faces Side, Garage - Single Door, Off Street, RV Potential, Uncovered
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, Inside, Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street, Level, Paved
  • Lot Size Sq Ft: 8056.00
  • Lot Size Acres: 0.1849

Multi Family

  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 500.00
  • Lot Size Area: 8056.0000 Square Feet
  • Net Operating Income: 42700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Refrigerator: 1
  • Rent Control: No
  • Total Actual Rent: 3600.00
  • Total Expenses: 500.00

Tax Info

  • New Taxes Expense: 8500.00
  • Tax Lot: 01285
  • Tax Tract Number: 002629
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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
09/17/2021 09/17/21 Sold $750,000 -6.2% $417 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/02/2021 08/02/21 Price Changed $799,900 -5.9% $444 / Sq Ft
06/19/2021 06/19/21 Price Changed $849,990 +6.3% $472 / Sq Ft
06/18/2021 06/18/21 For Sale $799,990 0.0% $444 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $799,990 -- $444 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2102607

California Regional Multiple Listing Service (CRMLS)
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