NOT LISTED FOR SALE
14 Beds
10 Baths
8,222 Sq Ft
6,717 Sq Ft Lot

Sale Details

Date Sold: July 27, 2017

Last sale price $1,800,000 $219 Per Sq Ft

14 Days on Market

Highlights

  • Peek-A-Boo Views
  • Property is near park
  • No HOA
  • Seventh Street Elementary School Rated 9+
  • Mediterranean Architecture
  • Living Room Balcony

About This Home

As of July 2017

Great investment property in Prime San Pedro Vista Del Oro location on a quiet street. Two 3 bedroom 2 bath apartments, two 2 bedroom 1 bath apartments, four 1 bedroom apartments, all units in good condition, all rented, 14 parking spaces under the building, community coin operated laundry room on garage level. 6 units have balconies, some with city views. Large bedrooms in these units. The 3 bedroom units have stackable laundry hook ups in the those units. 6 of the units have not had rent raise din over a year.

Last Agent to Sell the Property

Sal Sorrentino

Keller Williams Realty License #00494542 Listed on: 03/15/2017

Keller Williams Realty

Last Buyer's Agent

Gordon Inman

Keller Williams Realty License #00446156

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 6,717 Sq Ft Lot
  • Lot Dimensions are 50 x 134
  • Two or More Common Walls
  • Landscaped
  • Front Yard

Parking

  • 12 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Peek-A-Boo
  • Hills
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Apartment
  • Entry on the 2nd floor
  • Common Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 8,222 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Blinds
  • Window Screens
  • Sliding Doors
  • Storage
  • Laundry Room
  • Carpet

Kitchen

  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 10 Bathrooms

Outdoor Features

  • Living Room Balcony
  • Rain Gutters

Location

  • Property is near park

Utilities

  • Radiant Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 10 / 34
  • Assessor Parcel Number 7459021015

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,300
  • Gardener Expense $1,200
  • Insurance Expense $1,750
  • Trash Expense $1,600
  • Water Sewer Expense $2,500
  • New Taxes Expense $23,750
  • Operating Expense $32,990
  • Gross Income $123,180
  • Net Operating Income $90,190

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

6,717 Sq Ft Lot

Parking

12

Listing Details

  • Assessments: Yes
  • CapRate: 0.05
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 2500.00
  • Zoning: LARD1.5
  • Architectural Style: Mediterranean
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7459021015
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Interior Amenities: Balcony, Built-in Features, Living Room Balcony, Storage
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 218.92
  • Room Type: Laundry
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Concrete Perimeter
  • View: Hills, Neighborhood, Peek-A-Boo
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 12.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Park Nearby
  • Lot Size: 50 X 134
  • Lot Size Sq Ft: 6717.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1300.00
  • Gross Income: 123180.00
  • Gross Multiplier: 15.42
  • Gross Operating Income: 123180.00
  • Gross Scheduled Income: 123180.00
  • Insurance Expense: 1750.00
  • Net Operating Income: 90190.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Number With Carpet: 8
  • Number With Range: 8
  • Operating Expense: 32990.00
  • Rent Control: Yes
  • Total Expenses: 32990.00

Tax Info

  • New Taxes Expense: 23750.00
  • Tax Block: 34
  • Tax Census Tract: 2970.00
  • Tax Lot: 10
  • Tax Tract Number: V D O

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2021
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 2017
Sold by
Bought by

Purchase Details

Closed on
Jul 8, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2013
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Zeppos Law Group Llp
$1,800,000 Fidelity National Title Co
-- None Available
-- None Available
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/27/2017 07/27/17 Sold $1,800,000 -5.3% $219 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $1,900,000 0.0% $231 / Sq Ft
09/01/2016 09/01/16 Rented $1,500 0.0% --
08/16/2016 08/16/16 For Rent $1,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $25,772 $2,048,088 $1,137,827 $910,261
2024 $25,424 $2,007,930 $1,115,517 $892,413
2023 $24,946 $1,968,560 $1,093,645 $874,915
2022 $23,816 $1,929,961 $1,072,201 $857,760
2021 $23,496 $1,892,120 $1,051,178 $840,942
2019 $22,811 $1,836,000 $1,020,000 $816,000
2018 $22,646 $1,800,000 $1,000,000 $800,000
2017 $14,885 $1,158,220 $137,253 $1,020,967
2016 $14,478 $1,135,511 $134,562 $1,000,949
2015 $14,276 $1,118,455 $132,541 $985,914
2014 $14,366 $1,096,547 $129,945 $966,602
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17050168

California Regional Multiple Listing Service (CRMLS)
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