NOT LISTED FOR SALE
3 Beds
2 Baths
7,704 Sq Ft
0.26 Acres Lot

Sale Details

Date Sold: December 11, 2020

Last sale price $1,500,000 $195 Per Sq Ft

About This Home

As of December 2020

Excellent opportunity 12 units. Add- on value.

Last Agent to Sell the Property

Silvia Vich

COLDWELL BANKER LEADERS License #01959341 Listed on: 07/26/2020

COLDWELL BANKER LEADERS

Last Buyer's Agent

Silvia Vich

COLDWELL BANKER LEADERS License #01959341 Listed on: 07/26/2020

COLDWELL BANKER LEADERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 11,522 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 7,704 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 11 / 5
  • Assessor Parcel Number 5119005013

Community Details

Overview

  • 2 Buildings
  • 12 Units

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $5,000
  • Insurance Expense $5,000
  • Pest Control $1,200
  • Professional Management Expense $6,000
  • Trash Expense $5,000
  • Water Sewer Expense $10,000
  • New Taxes Expense $18,750
  • Operating Expense $61,000
  • Gross Income $109,900
  • Net Operating Income $45,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0.26 Acres

Listing Details

  • Professional Management Expense: 6000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 10000.00
  • Zoning: LAR4
  • Property Type: Residential Income
  • Parcel Number: 5119005013
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 194.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 12.00

Utilities

  • Laundry: No
  • Pest Control Expense: 1200.00
  • Sewer: Public Sewer
  • Trash Expense: 5000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11522.00
  • Lot Size Acres: 0.2645

Multi Family

  • Electric Expense: 5000.00
  • Gross Income: 109900.00
  • Gross Operating Income: 106600.00
  • Gross Scheduled Income: 109900.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 11522.0000 Square Feet
  • Net Operating Income: 45600.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Operating Expense: 61000.00
  • Rent Control: Yes
  • Total Expenses: 61000.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 18750.00
  • Tax Block: 5
  • Tax Census Tract: 2270.10
  • Tax Lot: 11
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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
12/11/2020 12/11/20 Sold $1,500,000 0.0% $195 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/26/2020 07/26/20 For Sale $1,500,000 -- $195 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $20,668 $1,623,646 $893,005 $730,641
2024 $20,668 $1,591,811 $875,496 $716,315
2023 $20,288 $1,560,600 $858,330 $702,270
2022 $19,391 $1,530,000 $841,500 $688,500
2021 $19,128 $1,500,000 $825,000 $675,000
2020 $6,145 $387,767 $120,099 $267,668
2019 $5,956 $380,165 $117,745 $262,420
2018 $5,715 $372,712 $115,437 $257,275
2016 $5,362 $358,241 $110,955 $247,286
2015 $5,299 $352,861 $109,289 $243,572
2014 $5,398 $345,950 $107,149 $238,801
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20148679

California Regional Multiple Listing Service (CRMLS)
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