NOT LISTED FOR SALE

1375 E Date St Hemet, CA 92544

3 Beds
2 Baths
5,030 Sq Ft
0.53 Acres

Last Sold August 02, 2018

Last sale price $795,000 $158 Per Sq Ft

93 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • Landscaped

About This Home

As of August 2018

Beautiful 7-unit single story apartment complex with an excellent unit mix of 6 two bedroom apartments and 1 one bedroom apartment. Washing machine hookups in apartments, carport parking, and bonus land next door included with sale. Utilities are individual metered and every apartment has a separate hot water heater. Most apartments have been upgraded with new flooring and include a washing machine hookup and lots of storage space that tenant's desire. ***Call listing agent cell number with any questions. Email (do not fax) all offers with proof of funds.

Last Agent to Sell the Property

John Stephens

KW COMMERCIAL License #01238307 Listed on: 04/28/2018

KW COMMERCIAL

Last Buyer's Agent

John Stephens

KW COMMERCIAL License #01238307 Listed on: 04/28/2018

KW COMMERCIAL

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.53 Acre Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Landscaped

Home Design

  • 5,030 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 2 Open Parking Spaces
  • 8 Parking Spaces
  • 6 Carport Spaces

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 433
  • Assessor Parcel Number 445161020

Community Details

Overview

  • 2 Buildings
  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,440
  • Insurance Expense $2,346
  • Maintenance Expense $3,834
  • Trash Expense $2,077
  • Water Sewer Expense $4,887
  • New Taxes Expense $9,570
  • Operating Expense $24,154
  • Gross Income $76,680
  • Net Operating Income $52,526

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 4887.00
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 445161020
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Price Per Square Foot: 158.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 2077.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 23086.80

Multi Family

  • Gross Income: 76680.00
  • Gross Scheduled Income: 76680.00
  • Insurance Expense: 2346.00
  • Maintenance Expense: 3834.00
  • Net Operating Income: 52526.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 24154.00
  • Rent Control: No
  • Total Expenses: 24154.00

Tax Info

  • New Taxes Expense: 9570.00
  • Tax Lot: 3
  • Tax Tract Number: 433.09
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Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2018 08/02/18 Sold $795,000 -3.6% $158 / Sq Ft
07/10/2018 07/10/18 Price Changed $825,000 +3.8% $164 / Sq Ft
04/28/2018 04/28/18 For Sale $795,000 -- $158 / 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 $9,944 $886,832 $239,834 $646,998
2023 $9,944 $852,397 $230,522 $621,875
2022 $9,622 $835,684 $226,002 $609,682
2021 $9,462 $819,299 $221,571 $597,728
2020 $9,336 $810,900 $219,300 $591,600
2019 $9,131 $795,000 $215,000 $580,000
2018 $6,000 $525,000 $95,000 $430,000
2017 $3,649 $312,370 $62,099 $250,271
2016 $3,622 $306,246 $60,882 $245,364
2015 $3,612 $301,647 $59,968 $241,679
2014 $3,451 $295,741 $58,795 $236,946
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18098735

California Regional Multiple Listing Service (CRMLS)

APN: 445-161-020