NOT LISTED FOR SALE
8 Beds
5 Baths
3,220 Sq Ft
9,886 Sq Ft Lot

Last Sold December 13, 2012

Last sale price $455,000 $141 Per Sq Ft

117 Days on Market

About This Home

As of December 2012

Property consist of 5 separate houses each with space for parking. Tenants pay for Gas and Electric. Each unit has front and rear access. Unit 1232 1/4 can be delivered vacant at close of escrow. Close to Shopping Center, Schools, and Freeway 110.

Last Agent to Sell the Property

Kuan Sung

RE/MAX 2000 REALTY License #00970799 Listed on: 10/30/2012

RE/MAX 2000 REALTY

Co-Listed By

Carlos Skubacz

RE/MAX 2000 Realty License #01474295

Last Buyer's Agent

Elaine Tran

COLDWELL BANKER DYNASTY/TC License #01790761

COLDWELL BANKER DYNASTY/TC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 9,886 Sq Ft Lot

Home Design

  • 3,220 Sq Ft Home
  • Frame Construction
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Parking Available
  • Unassigned Parking

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 3
  • Tax Tract Number 2326
  • Assessor Parcel Number 5002014021

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $2,000
  • Maintenance Expense $2,000
  • Other Expense $339
  • Professional Management Expense $2,836
  • Trash Expense $810
  • Water Sewer Expense $1,200
  • New Taxes Expense $6,160
  • Gross Income $4,727
  • Net Operating Income $39,186

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 8.35
  • Other Phone Description: Carlos Skubacz
  • Other Phone Number: 714-290-0936
  • Professional Management Expense: 2836.00
  • Water Sewer Expenses: 1200.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5002014021
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 141.30

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 5.00

Utilities

  • Trash Expense: 810.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 9886.00
  • Lot Size Acres: 0.2270

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 480
  • Average2 Bed Area: 1080
  • Average3 Bed Area: 740
  • Gross Income: 4727.00
  • Gross Multiplier: 8.29
  • Gross Scheduled Income: 56724.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 9886.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 39186.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 15945.00
  • Other Expense: 339.00
  • Other Expense Description: housing
  • Rent Control: Yes
  • Total Actual Rent: 4727.00
  • Vacancy Allowance: 1593

Tax Info

  • New Taxes Expense: 6160.00
  • Tax Area: 212
  • Tax Lot: 3
  • Tax Tract Number: 2326

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
12/13/2012 12/13/12 Sold $455,000 -6.2% $141 / Sq Ft
11/12/2012 11/12/12 Pending -- -- --
07/18/2012 07/18/12 For Sale $485,000 -- $151 / 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: C12089950

California Regional Multiple Listing Service (CRMLS)