NOT LISTED FOR SALE
9 Beds
7 Baths
3,883 Sq Ft
7,350 Sq Ft Lot

Last Sold September 16, 2021

Last sale price $1,180,000 $304 Per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • 5 Car Garage
  • Park
  • Tile Flooring

About This Home

As of September 2021

WOW! No need to wait for the seller to find a home to live in. This great and desirable FOURPLEX property is an ideal for new or long time investors. That is, No HOA fee, all units have separeate electricity and gas meters, laundry hook up in each unit seperately, exterior newly painted, fumigated in February 2020, three units have been upgraded within the last three years and occupied tenants are under month-month rental agreement.

Unit 1, 2, & 4 have been upgraded. Only unit 3 has not been upgraded and is renting under the market value.

Unit 1 (vacancy) has a fireplace in the living room, dual pane windows, and the entire unit has laminate wood like flooring.

Unit 2 occupied with tenant who pays rent on time and has not miss a rental payment. This unit has dual pane windows and the entire unit has a mixture of laminate wood like flooring and tile.

Unit 3 occupied with tenant who pays rent on time and has not miss a rental payment. This entire unit has a mixture of carpet and tile.

Unit 4 (vacancy), the entire unit has a mixture of carpet and laminated wood like flooring.

Last Agent to Sell the Property

Crystalynn Thai

eXp Realty of California Inc License #02057487 Listed on: 08/17/2021

eXp Realty of California Inc

Last Buyer's Agent

Joe Lucio

RE/MAX Gold Coast REALTORS License #01893011

RE/MAX Gold Coast REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 7,350 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Off-Street Parking

Home Design

  • Quadruplex
  • Split Level Home

Interior Spaces

  • 3,883 Sq Ft Home
  • Living Room with Fireplace

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Natural Gas Connected
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas
  • Tax Lot 54
  • Tax Tract Number 211901
  • Assessor Parcel Number 2020213110
  • $377 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $600
  • Gardener Expense $1,560
  • Insurance Expense $2,025
  • Trash Expense $2,280
  • Water Sewer Expense $2,460
  • Operating Expense $35,400
  • Gross Income $99,180
  • Net Operating Income $63,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

5

Listing Details

  • Inclusions: Stove in Unit 2, 3 & 4; Dishwasher in Unit 3 & 4.
  • Improvements Percent: 70.00
  • Other Phone Number: 310.750.8789
  • Price Per Unit: 290000
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 2460.00
  • Zoning: R4PD
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1560.00
  • Parcel Number: 2020213110
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 303.89

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage, Off Street, Uncovered
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Unknown
  • Trash Expense: 2280.00
  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7350.00
  • Lot Size Acres: 0.1687

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas

Multi Family

  • Fuel Expense: 600.00
  • Gross Operating Income: 99180.00
  • Gross Scheduled Income: 104400.00
  • Insurance Expense: 2025.00
  • Lot Size Area: 7350.0000 Square Feet
  • Net Operating Income: 63780.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 35400.00
  • Rent Control: No
  • Total Expenses: 35400.00
  • Vacancy Allowance: 5220

Tax Info

  • Tax Census Tract: 86.00
  • Tax Lot: 54
  • Tax Tract Number: 211901
  • TaxOtherAnnualAssessmentAmount: 377.00

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
09/16/2021 09/16/21 Sold $1,180,000 +1.7% $304 / Sq Ft
08/17/2021 08/17/21 For Sale $1,159,999 -- $299 / 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: PW21176969

California Regional Multiple Listing Service (CRMLS)

APN: 202-0-213-110