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

Sale Details

Date Sold: September 16, 2021

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

Highlights

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

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

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

Interior Spaces

  • 3,883 Sq Ft Home
  • Multi-Level Property
  • Living Room with Fireplace
  • Washer and Gas Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

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

Amenities

  • Laundry Facilities

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

7,350 Sq Ft Lot

Parking

5

Listing Details

  • Inclusions: Stove in Unit 2, 3 & 4; Dishwasher in Unit 3 & 4.
  • Improvements Percent: 70.00
  • 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

Tax Info

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

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

Listed on
Aug 17, 2021
Closed on
Aug 24, 2021
Sold by
Bought by
Seller's Agent
Crystalynn Thai
eXp Realty of California Inc
Buyer's Agent
Joe Lucio
RE/MAX Gold Coast REALTORS
List Price
$1,159,999
Sold Price
$1,180,000
Premium/Discount to List
$20,001
1.72%

Purchase Details

Closed on
Feb 2, 2021
Sold by
Bought by

Purchase Details

Closed on
May 23, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,500
Interest Rate
5.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,750
Interest Rate
6.88%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Hobson Park West, CA

See All Agents

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
$1,180,000 Fidelity National Title
-- None Available
-- None Available
-- Alliance Title Company
-- --
$395,000 Stewart Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $210,200
Previous Owner $254,500
Previous Owner $256,750
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
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

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 $15,169 $1,252,225 $817,130 $435,095
2024 $15,169 $1,227,672 $801,108 $426,564
2023 $14,615 $1,203,600 $785,400 $418,200
2022 $14,174 $1,180,000 $770,000 $410,000
2021 $6,594 $539,073 $170,587 $368,486
2020 $6,716 $533,547 $168,839 $364,708
2019 $6,527 $523,086 $165,529 $357,557
2018 $6,436 $512,831 $162,284 $350,547
2017 $6,109 $502,776 $159,102 $343,674
2016 $5,896 $492,919 $155,983 $336,936
2015 $5,958 $485,517 $153,641 $331,876
2014 $5,890 $476,009 $150,633 $325,376
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21176969

California Regional Multiple Listing Service (CRMLS)

APN: 202-0-213-110

Your Personal Tour Guide

Ask me questions while you tour the home.