NOT LISTED FOR SALE
1 Bed
2 Baths
19,200 Sq Ft
0.47 Acre Lot

Sale Details

Date Sold: October 1, 2021

Last sale price $8,350,000 $435 Per Sq Ft

Highlights

  • In Ground Pool
  • 0.47 Acre Lot
  • Laundry Room
  • Auto Driveway Gate
  • No HOA
  • Accessible Parking

About This Home

As of October 2021

Sold before print.

Last Agent to Sell the Property

Wendy Morley

Pinnacle Estate Properties, Inc. License #01788681 Listed on: 10/04/2021

Pinnacle Estate Properties, Inc.

Co-Listed By

Larry Smart

Pinnacle Estate Properties, Inc. License #01024190

Last Buyer's Agent

Wendy Morley

Pinnacle Estate Properties, Inc. License #01788681 Listed on: 10/04/2021

Pinnacle Estate Properties, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 20,490 Sq Ft Lot
  • Two or More Common Walls
  • Security Fence

Home Design

  • 19,200 Sq Ft Home
  • Property Attached
  • Cosmetic Repairs Needed
  • Flat Roof Shape

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Parking

  • 38 Parking Spaces
  • 38 Carport Spaces
  • Parking Available
  • Auto Driveway Gate
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Rain Gutters

Additional Features

  • Laundry Room
  • Accessible Parking
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 264
  • Tax Tract Number 1909
  • Assessor Parcel Number 5534013026
  • $3,382 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 41 Units

Building Details

  • Rent Control
  • 43 Separate Electric Meters
  • 42 Separate Gas Meters
  • Electric Expense $6,488
  • Fuel Expense $9,000
  • Insurance Expense $18,237
  • Professional Management Expense $21,945
  • Trash Expense $7,133
  • Water Sewer Expense $22,639
  • Operating Expense $51,717
  • Gross Income $559,551
  • Net Operating Income $289,483

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.47 Acres

Listing Details

  • Assessments: Yes
  • CapRate: 4.00
  • Professional Management Expense: 21945.00
  • Property Attached: Yes
  • Security: Automatic Gate, Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 22639.00
  • Zoning: LAR3
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 5534013026
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Parking, See Remarks
  • Price Per Square Foot: 434.90

Exterior Features

  • Fence: Yes
  • Fencing: Security
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Carport Spaces: 38.00
  • Parking: Yes
  • Parking Features: Assigned, Auto Driveway Gate, Gated
  • Total Parking Spaces: 38.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 7133.00
  • 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: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20490.00
  • Lot Size Acres: 0.4704

Multi Family

  • Electric Expense: 6488.00
  • Fuel Expense: 9000.00
  • Gross Income: 559551.00
  • Gross Multiplier: 16.00
  • Gross Operating Income: 531573.00
  • Gross Scheduled Income: 551751.00
  • Insurance Expense: 18237.00
  • Laundry Income: 7800.00
  • Lot Size Area: 20490.0000 Square Feet
  • Net Operating Income: 289483.00
  • Number Of Separate Electric Meters: 43
  • Number Of Separate Gas Meters: 42
  • Number Of Units Total: 41
  • Operating Expense: 242089.00
  • Rent Control: Yes
  • Total Expenses: 51717.00

Tax Info

  • Tax Census Tract: 1909.02
  • Tax Lot: 264
  • Tax Tract Number: 1909
  • TaxOtherAnnualAssessmentAmount: 3382.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
07/05/2025 07/05/25 Off Market $2,100 -- --
04/23/2025 04/23/25 Price Changed $2,100 +10.8% $5 / Sq Ft
03/27/2025 03/27/25 Price Changed $1,895 -9.8% $4 / Sq Ft
03/24/2025 03/24/25 For Rent $2,100 0.0% --
10/04/2021 10/04/21 For Sale $9,000,000 +7.8% $469 / Sq Ft
10/01/2021 10/01/21 Sold $8,350,000 -- $435 / 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 $109,064 $8,861,085 $7,274,049 $1,587,036
2024 $107,781 $8,687,339 $7,131,421 $1,555,918
2023 $105,716 $8,517,000 $6,991,590 $1,525,410
2022 $100,865 $8,350,000 $6,854,500 $1,495,500
2021 $71,136 $5,764,071 $3,337,096 $2,426,975
2020 $71,846 $5,704,969 $3,302,879 $2,402,090
2019 $69,060 $5,593,108 $3,238,117 $2,354,991
2018 $68,700 $5,483,440 $3,174,625 $2,308,815
2016 $65,556 $5,270,513 $3,051,351 $2,219,162
2015 $64,621 $5,191,346 $3,005,517 $2,185,829
2014 $65,066 $5,089,656 $2,946,644 $2,143,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21110387

California Regional Multiple Listing Service (CRMLS)
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