NOT LISTED FOR SALE
3 Beds
2 Baths
1,538 Sq Ft
6,600 Sq Ft Lot

Last Sold February 10, 2017

Last sale price $428,000 $278 Per Sq Ft

43 Days on Market

About This Home

As of February 2017

Great income property! This is an opportunity to acquire a well located 2-unit property in the Lincoln Park neighborhood of Logan Heights. Two separate houses + detached garage. Mature hedges and a secured gate provide tenants with a sense of privacy. Seller has completely renovated front house. Rear house is accessed by alley and has its own secure parking area. Within easy walking distance to Lincoln High School and the Trolley stop on 47th. Two power/gas meters, one water. Flexible zoning allows for 7 to 10 units on site. Future upside with redevelopment. Neighborhoods: Lincoln Park Other Fees: 0 Unit # for Unit 1: Front Unit Unit # for Unit 2: Back Unit Number of Furnished Units: 0

Last Agent to Sell the Property

Tommy Crudo

Compass License #01468953 Listed on: 10/25/2016

Compass

Last Buyer's Agent

Jason Stewart

ROA California Inc License #01478409

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,600 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care
  • Assessor Parcel Number 5474600300

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $6,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • CapRate: 1.35
  • Subdivision Name Other: Logan Heights
  • Zoning: CN 1-4
  • Property Type: Residential Income
  • Parcel Number: 5474600300
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition

Lot Info

  • Lot Size Sq Ft: 6600.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care

Multi Family

  • Gross Scheduled Income: 10800.00
  • Lot Size Area: 6600.0000 Square Feet
  • Net Operating Income: 6000.00
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Range of Values:

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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
02/10/2017 02/10/17 Sold $428,000 0.0% $278 / Sq Ft
12/07/2016 12/07/16 Pending -- -- --
10/25/2016 10/25/16 For Sale $428,000 -- $278 / 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: 160057870

California Regional Multiple Listing Service (CRMLS)

APN: 547-460-03-00