NOT LISTED FOR SALE
8 Beds
-- Bath
4,060 Sq Ft
8,712 Sq Ft Lot

Last Sold February 12, 2014

Last sale price $1,350,000 $333 Per Sq Ft

27 Days on Market

Highlights

  • Tile Flooring
  • Country Lane Elementary School Rated A
  • Forced Air Heating System

About This Home

As of February 2014

WELL MAINTAINED, FULLY OCCUPIED 4 UNIT-COMPLEX IN A DESIRABLE LOCATION CLOSE TO MAJOR STORES AND RESTAURANTS. EASY ACCESS TO 280. FRONT UNIT HAS 3 BEDROOMS WITH 2 BATHROOMS AND A FIREPLACE. EXCELLENT UNITS WITH GREAT RENTS.

Last Agent to Sell the Property

Cristina Martinez

Hernani Mendoza, Broker License #00990393 Listed on: 01/08/2014

Last Buyer's Agent

Laurie Chase

Rialto West Properties License #01092297

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 8,712

Parking

  • Carport

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4,060 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $76,560
  • The owner pays for garbage, services - gardener/landscaping, water
  • Month-to-Month Lease Term

Community Details

Overview

  • 4,060 Sq Ft Building

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $1,597
  • Maintenance Expense $500
  • Utility Expense $960
  • Trash Expense $1,457
  • Operating Expense $23,701
  • Gross Income $77,760

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 44
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 332.51
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 4060
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Living Sq Ft: 4060
  • Stories: 2
  • Laundry: Washer/Dryer - Leased Coin-Op
  • Flooring: Carpet - Area, Tile, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Carport

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8712.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8712.00
  • Lot Size Area Min Search: 8712.00
  • Maximum Lot Size: 8712.00

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 17.36

Multi Family

  • Expense Insurance: 1597
  • Expense Landscape: 1200
  • Expense Maintenance: 500
  • Expenses Total: 23701
  • Expenses Utility: 960
  • Expense Trash: 1457
  • Expense Water Sewer: 1500
  • Income Annual Gross: 77760.00
  • Income Annual Rental: 76560
  • Income Gross Scheduled: 77760
  • Income Includes: Laundry, Lease
  • Income Laundry: 1200
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Electric, Master Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Maintenance - Repair
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Cable Tv, Utilities - Electric

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
02/12/2014 02/12/14 Sold $1,350,000 0.0% $333 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $1,350,000 -- $333 / 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: ML81400542

MLSListings

APN: 381-29-093