NOT LISTED FOR SALE
8 Beds
-- Bath
3,832 Sq Ft
11,761 Sq Ft Lot

Last Sold October 03, 2013

Last sale price $1,510,000 $394 Per Sq Ft

7 Days on Market

Highlights

  • Neighborhood Views
  • Level Lot
  • Carpet
  • Braly Elementary School Rated A

About This Home

As of October 2013

1272 Poplar Avenue offers an investor the unique opportunity to own a well-maintained and professionally-managed rental property in one of the healthiest and attractive sub-markets in California. 1272 Poplar Avenue is approximately 3,832 square feet situated on a 12,060 square foot parcel. The building has been extremely well-maintained and benefits from mature, low-maintenance landscaping.

Last Agent to Sell the Property

Nathan Gustavson

Marcus & Millichap License #01898316 Listed on: 08/21/2013

Marcus & Millichap

Last Buyer's Agent

Nathan Gustavson

Marcus & Millichap License #01898316 Listed on: 08/21/2013

Marcus & Millichap

Property Details

Home Type

  • Multi-Family

Year Built

  • 1985

Lot Details

  • 0.27

Home Design

  • Quadruplex
  • Floor Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,832 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Neighborhood Views
  • Oven or Range

Parking

  • Private Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $76,800
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 4 Units
  • 3,832 Sq Ft Building

Building Details

  • Gardener Expense $529
  • Insurance Expense $1,205
  • Maintenance Expense $2,010
  • Utility Expense $1,668
  • Trash Expense $1,080
  • Operating Expense $26,665
  • Gross Income $75,855

Property Details

Home Type

Multi-Family

Year Built

1985

Lot Details

0.27 Acres

Listing Details

  • Zoning: R1AB
  • Subclass: Fourplex
  • Sale Price Per Sq Ft: 394.05
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3832
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1985

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 3832
  • Stories: 2
  • Laundry: Washer/Dryer - Leased Coin-Op
  • Flooring: Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1, Off-Street Parking

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12060.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 12060.00
  • Lot Size Area Min Search: 12060.00
  • Maximum Lot Size: 12060.00

Green Features

  • Energy Features: Walls Insulated, Insulation - Floor

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.12

Multi Family

  • Expense Insurance: 1205
  • Expense Landscape: 529
  • Expense Maintenance: 2010
  • Expenses Total: 26665
  • Expenses Utility: 1668
  • Expense Trash: 1080
  • Expense Water Sewer: 2808
  • Income Annual Gross: 75855.00
  • Income Annual Rental: 76800
  • Income Gross Scheduled: 78201
  • Income Includes: Laundry, Lease
  • Income Laundry: 1401
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 3
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Accounting/Legal, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Vacancy Factor
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Cable Tv, Utilities - Electric
  • Vacancy Amount: 2346
  • 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
10/03/2013 10/03/13 Sold $1,510,000 +1.0% $394 / Sq Ft
08/28/2013 08/28/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $1,495,000 -- $390 / 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 $21,289 $1,857,169 $1,360,701 $496,468
2024 $21,289 $1,820,755 $1,334,021 $486,734
2023 $21,073 $1,785,055 $1,307,864 $477,191
2022 $20,715 $1,750,055 $1,282,220 $467,835
2021 $20,640 $1,715,741 $1,257,079 $458,662
2020 $20,266 $1,698,149 $1,244,190 $453,959
2019 $20,240 $1,664,853 $1,219,795 $445,058
2018 $18,936 $1,632,210 $1,195,878 $436,332
2017 $18,830 $1,600,207 $1,172,430 $427,777
2016 $18,351 $1,568,832 $1,149,442 $419,390
2015 $18,285 $1,545,268 $1,132,177 $413,091
2014 $17,405 $1,515,000 $1,110,000 $405,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81330892

MLSListings

APN: 213-44-048

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