NOT LISTED FOR SALE
4 Beds
4 Baths
1,870 Sq Ft
6,382 Sq Ft Lot

Last Sold September 25, 2020

Last sale price $760,000 $406 Per Sq Ft

51 Days on Market

Highlights

  • No Units Above
  • Contemporary Architecture
  • Laundry Room
  • Stanford Elementary School Rated A
  • No HOA
  • Forced Air Heating System

About This Home

As of September 2020

Price reduce, Price Reduce... Built In 1980,Both units offer an open floor plan with 2 bedrooms and 2 full baths. All units just remodeled few years ago. Large living room with fireplace. Large master bedroom . Large Back yard. Both units have inside laundry room with washer and dryer hood-ups. Plenty of Parking.Monthly rent listed below market rent. Buyer to Cooperate with 1031 Exchange .

Last Agent to Sell the Property

Andy Lam

Advance Estate Realty License #01257202 Listed on: 06/15/2020

Last Buyer's Agent

Andy Lam

Advance Estate Realty License #01257202 Listed on: 06/15/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 6,382 Sq Ft Lot
  • No Units Above
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Rectangular Lot
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Parking Lot

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,870 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Panel Doors
  • Living Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 5
  • Tax Tract Number 807
  • Assessor Parcel Number 13346213

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Valley

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,158
  • Trash Expense $1,640
  • Water Sewer Expense $873
  • New Taxes Expense $6,661
  • Operating Expense $10,932
  • Gross Income $43,200
  • Net Operating Income $29,268

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 3.65
  • Other Phone Description: 7145807901
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 873.00
  • Architectural Style: Contemporary
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 13346213
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Laminate
  • Appliances: Yes
  • Door Features: Panel Doors
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 406.42
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Master Bedroom
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Trash Expense: 1640.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Rectangular Lot
  • Lot Size Sq Ft: 6382.00
  • Lot Size Acres: 0.1465

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Operating Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1158.00
  • Lot Size Area: 6382.0000 Square Feet
  • Net Operating Income: 29268.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Operating Expense: 10932.00
  • Rent Control: No
  • Total Actual Rent: 2800.00
  • Total Expenses: 10932.00

Tax Info

  • New Taxes Expense: 6661.00
  • Tax Lot: 5
  • Tax Tract Number: 807

Range of Values:

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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 Prior Sale
09/25/2020 09/25/20 Sold $760,000 -2.6% $406 / Sq Ft
07/27/2020 07/27/20 Price Changed $779,900 -2.5% $417 / Sq Ft
07/01/2020 07/01/20 For Sale $799,900 +5.3% $428 / Sq Ft
06/22/2020 06/22/20 Off Market $760,000 -- --
06/15/2020 06/15/20 For Sale $799,900 +66.6% $428 / Sq Ft
06/24/2013 06/24/13 Sold $480,000 +9.1% $257 / Sq Ft View Prior Sale
05/18/2013 05/18/13 Pending -- -- --
07/27/2012 07/27/12 For Sale $439,900 -- $235 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20109351

California Regional Multiple Listing Service (CRMLS)