NOT LISTED FOR SALE
-- Bed
-- Bath
2,900 Sq Ft
0.32 Acres

Last Sold February 11, 2015

Last sale price $500,000 $172 Per Sq Ft

40 Days on Market

About This Home

As of February 2015

Marketing Remarks: Agents: Please see confidential remarks. Perfect for the investor looking to acquire at a low price and add value. 5 small houses on one lot in Nipomo. Value add potential with already established cash flow. Four 1 bedroom / 1 bath units, and one 2 bedroom / 1 bath unit. Low rents. Opportunity is to capitalize on the below market rents, go through and update units and get them ready to re-rent at market value. Spacious fenced yards, walk-in closets, washer/dryers in each unit. Expenses include new taxes.

Last Listed By

Guy Torelli

Torelli Investment Realty License #00666517 Listed on: 12/15/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.32

Home Design

  • 2,900 Sq Ft Home
  • Block Foundation
  • Shingle Roof

Additional Features

  • 0.32 Acre Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 090091015

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 090091015
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 172.41

Exterior Features

  • Foundation: Block
  • Roof: Shingle

Utilities

  • Heating Type: Natural Gas

Lot Info

  • Lot Size Sq Ft: 13965.00
  • Lot Size Acres: 0.3200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 0.3200 Acres
  • Operating Expense: 14456.00

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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

Property History

Date Event Price Change Sq Ft Price
02/11/2015 02/11/15 Sold $500,000 -11.5% $172 / Sq Ft
01/24/2015 01/24/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $565,000 -- $195 / 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: SP1050268

California Regional Multiple Listing Service (CRMLS)