NOT LISTED FOR SALE
5 Beds
4 Baths
2,400 Sq Ft
8,000 Sq Ft Lot

Last Sold June 25, 2015

Last sale price $431,250 $180 Per Sq Ft

63 Days on Market

About This Home

As of June 2015

Well maintained 4 unit complex. Large grass area kept nice and green trimmed with Queen Palm Trees. Each unit has a 1 car detached garage. We welcome INVESTORS or Someone who wants to live in one and rent the others out. All units are fully committed. Buyers to verify Building square footage.

Last Agent to Sell the Property

Josh Huizar

CORCORAN GLOBAL LIVING License #01879833 Listed on: 03/19/2015

CORCORAN GLOBAL LIVING

Last Buyer's Agent

Kristopher German

RE/MAX 2000 REALTY License #01800021

RE/MAX 2000 REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 8,000 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • 2,400 Sq Ft Home
  • Property Attached
  • Slab Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 5
  • Tax Tract Number 423
  • Assessor Parcel Number 247081018

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Other Expense $660
  • Pest Control $450
  • Trash Expense $696
  • Water Sewer Expense $900
  • New Taxes Expense $1,850
  • Gross Income $2,950
  • Net Operating Income $29,344

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 247081018
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 179.69

Exterior Features

  • Foundation: Slab
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Pest Control Expense: 450.00
  • Sewer: Conventional Septic
  • Trash Expense: 696.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 8000.00
  • Price Per Lot Square Foot: 53.91
  • Lot Size Acres: 0.1840

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2950.00
  • Gross Scheduled Income: 35400.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 8000.0000 Square Feet
  • Net Operating Income: 29344.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 6056.00
  • Other Expense: 660.00
  • Other Expense Description: Septic
  • Rent Control: No
  • Total Actual Rent: 2950.00

Tax Info

  • New Taxes Expense: 1850.00
  • Tax Lot: 5
  • Tax Tract Number: 423
  • Tax Year: 2014

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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 List to Sale Price per Sq Ft
06/25/2015 06/25/15 Sold $431,250 -4.2% $180 / Sq Ft
05/21/2015 05/21/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $450,000 -- $188 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $5,715 $518,287 $72,105 $446,182
2023 $5,715 $498,163 $69,306 $428,857
2022 $5,562 $488,397 $67,948 $420,449
2021 $5,459 $478,821 $66,616 $412,205
2020 $5,417 $473,912 $65,933 $407,979
2019 $5,316 $464,621 $64,641 $399,980
2018 $5,212 $455,512 $63,375 $392,137
2017 $5,120 $446,582 $62,133 $384,449
2016 $4,793 $437,826 $60,915 $376,911
2015 $1,852 $160,689 $45,647 $115,042
2014 -- $157,543 $44,753 $112,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15057776

California Regional Multiple Listing Service (CRMLS)

APN: 247-081-018