NOT LISTED FOR SALE
2 Beds
1 Bath
4,366 Sq Ft
8,276 Sq Ft Lot

Last Sold June 30, 2014

Last sale price $960,000 $220 Per Sq Ft

3 Days on Market

Highlights

  • No Units Above
  • Traditional Architecture
  • Central Heating
  • Enders Elementary School Rated A
  • Laundry Room
  • Carpet

About This Home

As of June 2014

Beautifully maintained fourplex in a great neighborhood. All units are townhome style. The two front units have a grass area enclosed with a white picket fence and great trees. The back units have access to another patio and some grass area. Living Rooms have a Brick fireplace with gas starter, miniblinds on windows, neutral color carpeting, one unit has has wood flooring Kitchens are spacious with cabinets painted white, Linoleum floors, electric range, dishwasher and a cozy dining area. ½ bath downstairs. Bedrooms are on second floor. One Bedroom has a walk in closet, the other Bedroom has mirrored closet doors The Upstairs Bath is Jack and Jill style with access from both bedrooms. There is a community laundry with coin operated washer and dryer. 4 Single car garages 2 Additional parking spaces that are not assigned. Units have separate gas and electric meters. All of this close to shopping, transportation and schools.

Last Agent to Sell the Property

Sylvia Garrett

First Team Real Estate License #01387006 Listed on: 06/06/2014

First Team Real Estate

Last Buyer's Agent

Sue Park-Oliver

The Realestate Group License #00816869

The Realestate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 8,276 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Vinyl Fence
  • Redwood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking
  • Unassigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 4,366 Sq Ft Home
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Mirrored Closets Doors
  • 1 Bathroom

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 10
  • Tax Tract Number 3624
  • Assessor Parcel Number 22424202

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $800
  • Insurance Expense $1,200
  • Trash Expense $900
  • Water Sewer Expense $960
  • New Taxes Expense $10,450
  • Gross Income $5,600
  • Net Operating Income $58,580

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 5.07
  • Property Attached: Yes
  • Subdivision Name Other: East Gate (ESGT)
  • Water Sewer Expenses: 960.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 22424202
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Formica Counters
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 219.88
  • Room Type: All Bedrooms Up

Exterior Features

  • Fencing: Redwood, Vinyl
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Unassigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range
  • Heating Type: Central
  • Laundry Features: Community
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 800.00
  • Gross Income: 5600.00
  • Gross Multiplier: 14.14
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 1200.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 58580.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number Wall A C: 1
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Operating Expense: 8620.00
  • Rent Control: No
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 10450.00
  • Tax Lot: 10
  • Tax Tract Number: 3624
  • Tax Year: 2013

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 Change Sq Ft Price
06/30/2014 06/30/14 Sold $960,000 +1.1% $220 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $950,000 -- $218 / 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: OC14119814

California Regional Multiple Listing Service (CRMLS)

APN: 224-242-02