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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2020
Closed on
Dec 2, 2020
Sold by
Bought by
Seller's Agent
Silvia Vich
COLDWELL BANKER LEADERS
Buyer's Agent
Silvia Vich
COLDWELL BANKER LEADERS
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 2020
Sold by
Bought by

Purchase Details

Closed on
Jun 16, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.99%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 29, 2009
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,500,000 First American Title
-- None Available
-- Chicago Title
-- Chicago Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $541,000
Closed $820,000
Previous Owner $325,000
Previous Owner $260,000
Previous Owner $250,000
Previous Owner $40,150
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,902 $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

Agents Affiliated with this Home

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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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