$1,550,000
PENDING

Estimated payment $9,693/month

Total Views 666
8 Beds
4 Baths
4,448 Sq Ft
$348 Price per Sq Ft

Highlights

  • Dual Staircase
  • Mediterranean Architecture
  • No HOA
  • Wood Flooring
  • Granite Countertops
  • Neighborhood Views

About This Home

All 4 Units are 1Bed+Den and 1 Bath, approximately 1,100sqft each unit. Exact addresses are 1308, 1308 1/2, 1310, 1310 1/2 S Van Ness Ave. Plenty of covered and uncovered parking spaces available on rear of the building. Some of the units are remodeled and upgraded. Tenant pays electricity, gas, trash and internet. Electricity and gas are separately metered.

Listing Agent

Shannon Sung

Giving Tree Realty Group Inc Brokerage Email: shannonsung2000@yahoo.com License #01290795 Listed on: 07/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,153

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 7,800 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Brick Fence
  • Rectangular Lot

Home Design

  • Mediterranean Architecture
  • Quadruplex
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Tile Roof
  • Pre-Cast Concrete Construction
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,448 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Blinds
  • Window Screens
  • Living Room
  • Den
  • Neighborhood Views

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Range Hood
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 8 Parking Spaces
  • 4 Detached Carport Spaces
  • Parking Available
  • Side by Side Parking
  • Driveway Up Slope From Street
  • Paved Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Doors swing in
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 2213
  • Assessor Parcel Number 5073002019

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Water Sewer Expense $400
  • Operating Expense $3,000
  • Gross Income $7,683
  • Net Operating Income $7,683

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,153

Year Built

Built in 1922 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 387500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • View: Yes
  • Water Sewer Expenses: 400.00
  • Zoning: LAC2
  • Architectural Style: Mediterranean
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5073002019
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases, Granite Counters, Tile Counters
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile, Vinyl, Wood
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 348.47
  • Room Type: Den, Kitchen, Laundry, Living Room
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Concrete Perimeter, Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Brick, Wrought Iron
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Brick, Concrete, Drywall Walls, Frame, Glass, Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Detached Carport, Covered, Concrete, Driveway Up Slope From Street, Side by Side, Uncovered
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Disposal, Gas Cooktop, Gas Water Heater, Range Hood
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Walkstreet
  • Lot Size Sq Ft: 7800.00
  • Lot Size Acres: 0.1791
  • Latitude Manual: 34.04679500

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Trash Collection

Multi Family

  • Average1 Bed Area: 1100 Square Feet
  • Gross Income: 7683.02
  • Gross Scheduled Income: 7683.02
  • Insurance Expense: 2500.00
  • Lot Size Area: 7800.0000 Square Feet
  • Net Operating Income: 7683.02
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Rent Control: Yes
  • Total Actual Rent: 6469.61
  • Total Expenses: 3000.00

Tax Info

  • Tax Census Tract: 2213.04
  • Tax Lot: 38
  • Tax Tract Number: 2213

Map

Range of Values:

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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 $15,153 $1,095,325 $718,340 $376,985
2024 $15,153 $1,209,776 $848,966 $360,810
2023 $14,953 $1,186,056 $832,320 $353,736
2022 $11,840 $953,765 $574,491 $379,274
2021 $11,676 $935,065 $563,227 $371,838
2020 $11,789 $925,478 $557,452 $368,026
2019 $11,337 $907,332 $546,522 $360,810
2018 $11,151 $889,542 $535,806 $353,736
2016 $10,636 $855,000 $515,000 $340,000
2015 $9,505 $760,000 $532,000 $228,000
2014 $4,212 $313,319 $180,763 $132,556
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2023 04/16/23 Rented $2,100 0.0% --
04/14/2023 04/14/23 Under Contract -- -- --
04/05/2023 04/05/23 Off Market $2,100 -- --
03/22/2023 03/22/23 For Rent $2,100 0.0% --
08/18/2021 08/18/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $1,550,000 +103.9% $348 / Sq Ft
08/20/2014 08/20/14 Sold $760,000 -10.6% $171 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $850,000 -- $191 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Accommodation
Interfamily Deed Transfer -- Pacific Coast Title Company
Quit Claim Deed -- None Available
Grant Deed $855,000 None Available
Grant Deed -- Provident Title Co
Grant Deed $760,000 Fidelity National Title Co
Grant Deed $220,000 Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $730,000 New Conventional
Previous Owner $641,250 New Conventional
Previous Owner $216,601 FHA
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21160348

California Regional Multiple Listing Service (CRMLS)

APN: 5073-002-019