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

Sale Details

Date Sold: July 2, 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

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

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

Additional Features

  • Property has a Home Owners Association
  • Security Guard

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

7,235 Sq Ft Lot

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • 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

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 Prior Sale
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 View Prior Sale
05/27/2017 05/27/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $975,000 -- $357 / Sq Ft
Source: MLSListings

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 $18,839 $1,339,712 $1,038,961 $300,751
2024 $18,839 $1,313,444 $1,018,590 $294,854
2023 $18,611 $1,287,691 $998,618 $289,073
2022 $18,222 $1,262,443 $979,038 $283,405
2021 $18,211 $1,237,691 $959,842 $277,849
2020 $17,832 $1,225,000 $950,000 $275,000
2019 $15,116 $1,042,480 $686,664 $355,816
2018 $15,134 $1,022,040 $673,200 $348,840
2017 $7,837 $463,637 $242,857 $220,780
2016 $7,470 $454,547 $238,096 $216,451
2015 $7,553 $447,720 $234,520 $213,200
2014 $7,014 $438,951 $229,927 $209,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81753346

MLSListings

APN: 477-32-161

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