NOT LISTED FOR SALE
7 Beds
4 Baths
2,734 Sq Ft
7,235 Sq Ft Lot

Last Sold July 02, 2019

Last sale price $1,225,000 $448 Per Sq Ft

11 Days on Market

About This Home

As of July 2019

Great Investment Opportunity and best deal in the area! This two-story fourplex offers three 2br/1ba units and one 1br/1ba unit. All units are tenant occupied - please do not disturb tenants. Property has an HOA at $300/month. This property is exempt from City Injunction requiring property to be professionally managed; so you can manage this one yourself.

Last Agent to Sell the Property

Chaya Shahar

Referral Realty License #01507718 Listed on: 05/23/2019

Referral Realty

Last Buyer's Agent

Alan Huynh

Coldwell Banker Realty License #01334577

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,235 Sq Ft Lot

Parking

  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Foam Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,734 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Electric Oven

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $81,540

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $720
  • Insurance Expense $958
  • Maintenance Expense $4,000
  • Manager Expense $4,200
  • Other Expense $1,000
  • Utility Expense $3,400
  • Trash Expense $2,340
  • Operating Expense $31,618
  • Gross Income $81,540

Security

  • Security Guard

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 57
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2734
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Exhaust Fan, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2734
  • Stories: 2
  • Security: Security Guard

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Foam
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 300
  • HOA Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1661
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7236.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7236.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 14.72
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 958
  • Expense Landscape: 720
  • Expense Maintenance: 4000
  • Expense Management: 4200
  • Expenses Other: 1000
  • Expenses Total: 31618
  • Expenses Utility: 3400
  • Expense Trash: 2340
  • Income Annual Gross: 81540.00
  • Income Annual Rental: 81540
  • Income Gross Scheduled: 81540
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Insurance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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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
07/02/2019 07/02/19 Sold $1,225,000 +2.1% $448 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $1,200,000 +19.8% $439 / Sq Ft
06/26/2017 06/26/17 Sold $1,002,000 +2.8% $366 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $975,000 -- $357 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81753346

MLSListings

APN: 477-32-161