$1,400,000
UNDER CONTRACT $400K PRICE DROP

128 Wood St California, PA 15419

Estimated payment $9,026/month

Total Views 14,167
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

If you’re looking to add doors to your portfolio, this is the property for you...welcome to 128 Wood Street. This 52 unit apartment complex has a mixture of studio, one, two, three, & four bedroom apartments (74 beds). The building is just blocks away from PennWest California (Formerly CalU). But don’t just think student housing because you're minutes to all the businesses in California Technology Park, and Rt 43 & I-70 to get anywhere! In addition to the apartments there is a 1600+ sq ft commercial space that used to be Quiznos Subs. You'll also find a small, on-site, gym for residence, a coin operated laundry for additional income, and a large basement with untapped potential for additional tenant storage to create even more income potential. The building has gone through a lot of recent renovations, inside & out. Safety features like sprinklers, security cameras, & fire alarms are already in place. There is also an 18 spot parking lot included in the sale. Owner Financing Possible.

Listing Agent

Rich Dallas

BERKSHIRE HATHAWAY THE PREFERRED REALTY Listed on: 03/21/2024

BERKSHIRE HATHAWAY THE PREFERRED REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,799

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 151x80x151x81

Property Views

  • River Views

Home Design

  • Brick Exterior Construction

Parking

  • 18 Parking Spaces
  • Off-Street Parking

Additional Features

  • Unfinished Basement

Community Details

Overview

  • 52 Units
  • Mid-Rise Condominium

Amenities

  • Public Transportation

Building Details

  • Maintenance Expense $8,000
  • Gross Income $363,861

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,799

Lot Details

0

Listing Details

  • Municipality: California
  • Property Type: Residential Income
  • Lot Size Acres: 0.2845
  • Lot Size: 151x80x151x81
  • Directions: From Rt 43 take Malden Street to Wood Street into California. The building will be on the corner of 2nd & Wood taking up the whole block down to Temperance Way.
  • Architectural Style: Mid Rise
  • Special Features: 4224
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • View: River
  • View: Yes
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Off Street, Other
  • Total Parking Spaces: 18.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Annual Utilities Expense: 42400.0

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: California Area

Lot Info

  • Zoning: C2
  • Zoning Description: C2

Multi Family

  • Number Of Units In Community: 52
  • Number Of Units Total: 10
  • Annual Gross Income: 363861.0
  • Maintenance Expense: 8000.0

Tax Info

  • Tax Annual Amount: 18799.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $18,799 $809,100 $30,800 $778,300
2024 $17,195 $809,100 $30,800 $778,300
2023 $17,195 $809,100 $30,800 $778,300
2022 $16,705 $809,100 $30,800 $778,300
2021 $15,491 $809,100 $30,800 $778,300
2020 $14,774 $809,100 $30,800 $778,300
2019 $14,175 $809,100 $30,800 $778,300
2018 $13,900 $809,100 $30,800 $778,300
2017 $2,015 $809,100 $30,800 $778,300
2016 $2,015 $80,910 $6,197 $74,713
2015 -- $80,910 $6,197 $74,713
2014 $2,015 $80,910 $6,197 $74,713
2013 $2,015 $80,910 $6,197 $74,713
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Price Changed $1,400,000 -22.2% --
03/21/2024 03/21/24 For Sale $1,800,000 -- --
Source: West Penn Multi-List

Purchase History

Date Type Sale Price Title Company
Warranty Deed $750,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $95,000 Credit Line Revolving
Previous Owner $1,030,000 Future Advance Clause Open End Mortgage
Previous Owner $300,000 Credit Line Revolving
Source: Public Records

Source: West Penn Multi-List

MLS Number: 1645243

West Penn Multi-List

APN: 0800060003000100