NOT LISTED FOR SALE
7 Beds
5 Baths
3,188 Sq Ft
10,437 Sq Ft Lot

Last Sold June 21, 2019

Last sale price $2,200,000 $690 Per Sq Ft

10 Days on Market

Highlights

  • 4 Car Attached Garage
  • Gussie M. Baker Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of June 2019

**Marketing Package, Disclosures & Tours are available upon request** The buildings boast an exceptional unit mix of one three-bedroom/two-bath unit (1,073 SF), one two-bedroom/one-bath unit (773 SF) and two one-bedroom/one-bath (719 SF) units. Each unit contains a private enclosed garage along with their own personal in-unit washer and dryer. Ground floor units offer direct access into their private garages. The three-bedroom units include a large private yard (approximately 20 by 60). The building has received a new roof and has all copper supply piping, and all copper branch circuit wiring.

Last Agent to Sell the Property

Mitchell Zurich

Marcus & Millichap License #01870648 Listed on: 04/24/2019

Co-Listed By

Fred Rubio

Marcus & Millichap License #01984041

Last Buyer's Agent

Mitchell Zurich

Marcus & Millichap License #01870648 Listed on: 04/24/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 10,437 Sq Ft Lot

Parking

  • 4 Car Attached Garage
  • Uncovered Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,188 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $96,744

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,440
  • Insurance Expense $1,200
  • Maintenance Expense $2,600
  • Utility Expense $2,356
  • Trash Expense $1,303
  • Operating Expense $38,353
  • Gross Income $93,842

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Parking

4

Listing Details

  • Zoning: R-2
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3188
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 3188
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Uncovered Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.2396
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10438.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10438.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 23.26
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1200
  • Expense Landscape: 1440
  • Expense Maintenance: 2600
  • Expenses Total: 38353
  • Expenses Utility: 2356
  • Expense Trash: 1303
  • Income Annual Gross: 93842.00
  • Income Annual Rental: 96744
  • Income Gross Scheduled: 96744
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance - Repair, Services - Gardener, Utilities, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3
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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
06/21/2019 06/21/19 Sold $2,200,000 -2.2% $690 / Sq Ft
05/05/2019 05/05/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $2,250,000 -- $706 / Sq Ft
Source: MLSListings

Tax History

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 $32,525 $2,454,136 $1,896,380 $557,756
2024 $32,525 $2,406,017 $1,859,197 $546,820
2023 $32,245 $2,358,842 $1,822,743 $536,099
2022 $31,807 $2,312,591 $1,787,003 $525,588
2021 $31,213 $2,267,247 $1,751,964 $515,283
2020 $30,514 $2,244,000 $1,734,000 $510,000
2019 $24,717 $1,828,026 $1,290,564 $537,462
2018 $3,689 $123,409 $32,262 $91,147
2017 $3,552 $120,990 $31,630 $89,360
2016 $3,295 $118,618 $31,010 $87,608
2015 $3,176 $116,838 $30,545 $86,293
2014 $3,013 $114,550 $29,947 $84,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81748578

MLSListings

APN: 403-36-064

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