NOT LISTED FOR SALE
8 Beds
6 Baths
3,900 Sq Ft
10,624 Sq Ft Lot

Sale Details

Date Sold: February 23, 2022

Last sale price $1,010,000 $259 Per Sq Ft

169 Days on Market

About This Home

As of February 2022

Large lot with 5 units. Large 3+1.5 bath house; 4 one bedroom units, garage. First time on market in almost 70 years. Great opportunity on this R-2 zoned oversized lot. Great upside potential. DON NOT DISTURB TENANTS, NO SIGN ON PROPERTY

Last Agent to Sell the Property

Michael Ribons

MRI Property Mgnt.&Inv License #01839155 Listed on: 04/15/2021

Last Buyer's Agent

Jordan Gibbs

Jordan Gibbs Realty License #01272666

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 10,624 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 3,900 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Additional Features

  • Laundry in unit
  • Rain Gutters
  • Urban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 6031030026
  • Tax Block 2

Community Details

Overview

  • 4 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Gardener Expense $960
  • Insurance Expense $2,146
  • Other Expense $410
  • Water Sewer Expense $3,933
  • New Taxes Expense $14,000
  • Operating Expense $21,500
  • Net Operating Income $47,272

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

10,624 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3933.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 6031030026
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Price Per Square Foot: 258.97

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Inside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 10624.00
  • Lot Size Acres: 0.2439

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Average3 Bed Area: 1650 Square Feet
  • Gross Scheduled Income: 68772.00
  • Insurance Expense: 2146.00
  • Lot Size Area: 10624.0000 Square Feet
  • Net Operating Income: 47272.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 21500.00
  • Other Expense: 410.00
  • Rent Control: Yes
  • Total Expenses: 21500.00

Tax Info

  • New Taxes Expense: 14000.00
  • Tax Block: 2
  • Tax Census Tract: 2397.01

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

Closed on
Oct 12, 2021
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
$679,000
Interest Rate
0.0355%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 17, 1997
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
$1,010,000 None Listed On Document
-- 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
Previous Owner $679,000
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
02/23/2022 02/23/22 Sold $1,010,000 -8.1% $259 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $1,099,000 -- $282 / 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 $13,958 $1,071,819 $647,336 $424,483
2024 $13,771 $1,050,804 $634,644 $416,160
2023 $13,521 $1,030,200 $622,200 $408,000
2022 $2,262 $94,898 $31,391 $63,507
2021 $2,220 $93,038 $30,776 $62,262
2020 $2,226 $92,085 $30,461 $61,624
2019 $2,182 $90,280 $29,864 $60,416
2018 $1,984 $88,511 $29,279 $59,232
2016 $1,832 $85,076 $28,143 $56,933
2015 $1,817 $83,799 $27,721 $56,078
2014 $1,859 $82,158 $27,178 $54,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21079394

California Regional Multiple Listing Service (CRMLS)
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