NOT LISTED FOR SALE
10 Beds
10 Baths
4,725 Sq Ft
0.47 Acres

Last Sold December 19, 2016

Last sale price $495,000 $105 Per Sq Ft

197 Days on Market

About This Home

As of December 2016

Well maintained 5 unit apartment complex with 5 long term tenants. Each unit consists of 2 bedrooms and 2 bathrooms. Owners are very hands on with day to day management and routine maintenance. Rents are currently under market and can be easily raised 18-20% to reach market rates.
Conveniently located near Bear Valley Rd and Kiowa. Making access across the valley easy.

Last Agent to Sell the Property

Jason Lamoreaux

COLDWELL BANKER COMMERCIAL RE License #01461062 Listed on: 05/09/2016

COLDWELL BANKER COMMERCIAL RE

Last Buyer's Agent

Jason Lamoreaux

COLDWELL BANKER COMMERCIAL RE License #01461062 Listed on: 05/09/2016

COLDWELL BANKER COMMERCIAL RE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.47 Acre Lot
  • 1 Common Wall

Parking

  • 4 Car Garage

Home Design

  • 4,725 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 3087249110000

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,500
  • Net Operating Income $30,240

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Property Type: Residential Income
  • Parcel Number: 3087249110000
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 104.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 20400.00
  • Price Per Lot Square Foot: 25.74

Multi Family

  • Gross Income: 3500.00
  • Gross Scheduled Income: 42000.00
  • Net Operating Income: 30240.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 11760.00
  • Rent Control: No

Range of Values:

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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 Change Sq Ft Price
12/19/2016 12/19/16 Sold $495,000 -5.7% $105 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $525,000 -- $111 / 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: CV16098171

California Regional Multiple Listing Service (CRMLS)