NOT LISTED FOR SALE
4 Beds
3 Baths
7,378 Sq Ft
6,984 Sq Ft Lot

Last Sold April 29, 2014

Last sale price $1,280,000 $173 Per Sq Ft

77 Days on Market

About This Home

As of April 2014

9 Units consist of One-2 Bed, 2 Bath and Eight-2Bed,1 Bath, 2 Story, 8 parking spots combined on both end of the building.

Last Agent to Sell the Property

Romeo Ramirez

Coldwell Banker Quality Properties License #01138996 Listed on: 11/07/2013

Coldwell Banker Quality Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,984 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 7,378 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 1,2 / 29
  • Tax Tract Number 1589
  • Assessor Parcel Number 7410027044

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Building Details

  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,120
  • Insurance Expense $1,689
  • Maintenance Expense $7,355
  • Pest Control $525
  • Supplies Expense $50
  • Trash Expense $2,000
  • Water Sewer Expense $6,000
  • New Taxes Expense $13,724
  • Gross Income $118,032
  • Net Operating Income $75,934

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Price Per Unit: 144444
  • Property Attached: No
  • Supplies Expense: 50.00
  • Water Sewer Expenses: 6000.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 7410027044
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 173.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Pest Control Expense: 525.00
  • Trash Expense: 2000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6984.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Electric Expense: 1120.00
  • Gross Income: 118032.00
  • Gross Scheduled Income: 118032.00
  • Insurance Expense: 1689.00
  • Lot Size Area: 6984.0000 Square Feet
  • Maintenance Expense: 7355.00
  • Net Operating Income: 75934.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Number With Disposal: 9
  • Number With Range: 9
  • Operating Expense: 37098.00
  • Rent Control: Yes
  • Vacancy Allowance: 5000

Tax Info

  • New Taxes Expense: 13724.00
  • Tax Block: 29
  • Tax Lot: 1,2
  • Tax Tract Number: 1589
  • Tax Year: 2013

Range of Values:

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List 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
04/29/2014 04/29/14 Sold $1,280,000 -1.5% $173 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
11/07/2013 11/07/13 For Sale $1,300,000 -- $176 / 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: SR13229646

California Regional Multiple Listing Service (CRMLS)