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

Sale Details

Date Sold: February 23, 2022

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

169 Days on Market

Highlights

  • No Units Above
  • 0.24 Acre Lot
  • Laundry Room

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 Room
  • 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
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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
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

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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