NOT LISTED FOR SALE
1 Bed
1 Bath
6,850 Sq Ft
10,240 Sq Ft Lot

Last Sold July 22, 2015

Last sale price $2,250,000 $328 Per Sq Ft

22 Days on Market

Highlights

  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • No HOA
  • Living Room
  • 3-minute walk to De Longpre Park

About This Home

As of July 2015

Two buildings next to each other, four 2 bedrooms, 8 one bedrooms. Two units have small patios. There are parking spaces behind building, 12 total, one for each unit. Property has been owned by same person for approximately 40 years. In need of updating. Most units have window a/c units. Water heaters in each unit. Owner pays for water. Small laundry room in back with one washer and one dryer. Owner owns the washer and dryer. Please do not disturb tenants. All units occupied except two of the 2 bedrooms, which is owners unit, and the one above it. One parking space assigned to each unit. Great, convenient location, and tons of potential.

Last Agent to Sell the Property

Anne Randall

Homes & Properties 2000 License #00928536 Listed on: 05/22/2015

Last Buyer's Agent

Edward Jesman

Edward Jesman Realty License #00878394

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 10,240 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 6,850 Sq Ft Home
  • Living Room
  • Fire and Smoke Detector

Kitchen

  • Built-In Range
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 12 Parking Spaces
  • Parking Available
  • Paved Parking
  • Parking Lot
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 33,3
  • Tax Tract Number 2498
  • Assessor Parcel Number 5532002031

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 10 Leased Units
  • Rent Control
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • Electric Expense $2,500
  • Gardener Expense $1,500
  • Insurance Expense $6,400
  • Maintenance Expense $800
  • Trash Expense $3,600
  • Water Sewer Expense $7,000
  • New Taxes Expense $19,700
  • Gross Income $300
  • Net Operating Income $82,424

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 7000.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 5532002031
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters, Unfurnished
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 328.47
  • Room Type: Living Room

Exterior Features

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

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Concrete, Parking Space
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Dryer Included, Outside, Washer Included
  • Sewer: Unknown
  • Trash Expense: 3600.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Trash, Water
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10240.00
  • Price Per Lot Square Foot: 219.73
  • Lot Size Acres: 0.2350

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 2500.00
  • Gross Income: 300.00
  • Gross Scheduled Income: 126924.00
  • Insurance Expense: 6400.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 10240.0000 Square Feet
  • Maintenance Expense: 800.00
  • Net Operating Income: 82424.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Units Leased: 10
  • Number Of Units Total: 12
  • Operating Expense: 44500.00
  • Rent Control: Yes
  • Total Actual Rent: 10577.00

Tax Info

  • New Taxes Expense: 19700.00
  • Tax Lot: 33,3
  • Tax Tract Number: 2498
  • Tax Year: 2014

Range of Values:

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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
07/22/2015 07/22/15 Sold $2,250,000 +32.4% $328 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $1,700,000 -- $248 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15105500

California Regional Multiple Listing Service (CRMLS)