NOT LISTED FOR SALE
-- Bed
-- Bath
8,460 Sq Ft
0.35 Acres Lot

Sale Details

Date Sold: February 1, 2013

Last sale price $1,600,000 $189 Per Sq Ft

109 Days on Market

Highlights

  • 0.35 Acre Lot
  • Contemporary Architecture
  • No Heating
  • Enders Elementary School Rated A

About This Home

As of February 2013

PLEASE NOTE! Have two 4 unit properties(12122-32 Bailey) listed together at $1,625,000. All 2 bd 1 1/2 bath townhouses. Property in good condition. Shows well. Nice curb appeal. Excellent rental area. Pool and some amenities shared by both properties and thus sold together. PLEASE DO NOT DISTURB tenants. Income/expense information available with acceptable offer. Each complex has 4 single car garages plus 2 offstreet parking. Information provided for combined properties.

Last Agent to Sell the Property

John Lacey

Crystal Properties License #00323179 Listed on: 07/20/2012

Last Buyer's Agent

John Lacey

Crystal Properties License #00323179 Listed on: 07/20/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 15,400 Sq Ft Lot
  • Lot Dimensions are 140 x 110

Parking

  • 8 Car Garage

Home Design

  • 8,460 Sq Ft Home
  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 12/
  • Tax Tract Number 3624
  • Assessor Parcel Number 22420209

Community Details

Overview

  • 2 Buildings
  • 8 Units

Building Details

  • 10 Separate Electric Meters
  • 2 Separate Water Meters
  • Net Operating Income $88,272

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.35 Acres

Parking

8

Listing Details

  • Assessments: No
  • CapRate: 5.43
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 22420209
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 189.13

Exterior Features

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

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: No
  • Total Parking Spaces: 12.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 140 x 110
  • Lot Size Sq Ft: 15400.00
  • Lot Size Acres: 0.3540

Multi Family

  • Gross Multiplier: 11.05
  • Gross Scheduled Income: 147120.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 15400.0000 Square Feet
  • Net Operating Income: 88272.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 8
  • Operating Expense: 51492.00
  • Operating Expense Percent: 35.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Area: 5
  • Tax Lot: 12/
  • Tax Tract Number: 3624
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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
02/01/2013 02/01/13 Sold $1,600,000 -1.5% $189 / Sq Ft
11/06/2012 11/06/12 Pending -- -- --
07/20/2012 07/20/12 For Sale $1,625,000 -- $192 / 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 $12,553 $1,550,000 $1,353,809 $196,191
2024 $12,553 $965,822 $797,683 $168,139
2023 $12,318 $946,885 $782,042 $164,843
2022 $12,055 $928,319 $766,708 $161,611
2021 $11,928 $910,117 $751,674 $158,443
2020 $11,770 $900,785 $743,966 $156,819
2019 $11,551 $883,123 $729,378 $153,745
2018 $11,324 $865,807 $715,076 $150,731
2017 $11,170 $848,831 $701,055 $147,776
2016 $10,628 $832,188 $687,309 $144,879
2015 $10,481 $819,688 $676,985 $142,703
2014 $10,230 $803,632 $663,724 $139,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1203863

California Regional Multiple Listing Service (CRMLS)

APN: 224-202-09

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