NOT LISTED FOR SALE
8 Beds
4 Baths
3,328 Sq Ft
7,118 Sq Ft Lot

Sale Details

Date Sold: May 18, 2018

Last sale price $1,362,500 $409 Per Sq Ft

19 Days on Market

Highlights

  • Security Guard
  • Tile Flooring
  • Ceiling Fan

About This Home

As of May 2018

Great investment opportunity with happy long term tenants. All 4 units consist of 2bd/1ba each. No Vacancy in this highly desirable rental community. Great income producing property for any investor looking to create a secure monthly cash flow. On site laundry machines also bring in an extra income. Property is close to schools, parks, shopping and major freeways.

Last Agent to Sell the Property

David Giambruno

KW Bay Area Estates License #01365616 Listed on: 03/26/2018

KW Bay Area Estates

Last Buyer's Agent

David Giambruno

KW Bay Area Estates License #01365616 Listed on: 03/26/2018

KW Bay Area Estates
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,118

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Tile
  • Vinyl

Parking

  • 4 Carport Spaces
  • Off-Street Parking
  • Assigned Parking

Additional Features

  • 7,118 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $84,000

Community Details

Building Details

  • 4 Leased Units
  • Insurance Expense $1,500
  • Maintenance Expense $2,500
  • Utility Expense $5,700
  • Trash Expense $2,340
  • Operating Expense $26,790
  • Gross Income $85,000

Additional Features

  • Property has a Home Owners Association
  • Security Guard

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

7,118 Sq Ft Lot

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3328
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3328
  • Stories: 2
  • Security: Security Guard
  • Flooring: Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Off-Street Parking
  • Carport Min: 4

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Storage Tank

Condo/Co-op/Association

  • HOA Fees: 300
  • HOA Exist: Yes

Schools

  • High School: 254

Lot Info

  • Lot Acres: 0.1634
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7119.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7119.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 16.18
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1500
  • Expense Maintenance: 2500
  • Expenses Total: 26790
  • Expenses Utility: 5700
  • Expense Trash: 2340
  • Income Annual Gross: 85000.00
  • Income Annual Rental: 84000
  • Income Gross Scheduled: 85000
  • Income Includes: Laundry
  • Income Other: 1000
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Heating

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
Bought by

Purchase Details

Listed on
Mar 26, 2018
Closed on
May 24, 2018
Sold by
Bought by
Seller's Agent
David Giambruno
KW Bay Area Estates
Buyer's Agent
David Giambruno
KW Bay Area Estates
List Price
$1,375,000
Sold Price
$1,362,500
Premium/Discount to List
-$12,500
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,021,875
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2017
Closed on
Oct 30, 2017
Sold by
Bought by
Seller's Agent
Adrian Navarro
Realty One Group Infinity
Buyer's Agent
David Giambruno
KW Bay Area Estates
List Price
$1,099,000
Sold Price
$1,180,000
Premium/Discount to List
$81,000
7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.59%
Original Mortgage
$708,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 31, 2017
Closed on
Oct 2, 2017
Sold by
Bought by
Seller's Agent
Adrian Navarro
Realty One Group Infinity
Buyer's Agent
David Giambruno
KW Bay Area Estates
List Price
$1,099,000
Sold Price
$1,180,000
Premium/Discount to List
$81,000
7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 31, 2017
Closed on
Sep 29, 2017
Sold by
Bought by
Seller's Agent
Adrian Navarro
Realty One Group Infinity
Buyer's Agent
David Giambruno
KW Bay Area Estates
List Price
$1,099,000
Sold Price
$1,180,000
Premium/Discount to List
$81,000
7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 22, 2013
Closed on
Aug 8, 2013
Sold by
Bought by
Seller's Agent
Maymar Lim
Maxreal
List Price
$699,000
Sold Price
$665,000
Premium/Discount to List
-$34,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.05%
Original Mortgage
$471,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
7.45%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 29, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.92%

Purchase Details

Closed on
Apr 8, 1998
Sold by
Bought by

Purchase Details

Closed on
Jan 27, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
-- None Listed On Document
$1,362,500 First American Title Co
-- Old Republic Title Company
$1,180,000 First American Title Company
-- First American Title Company
$710,000 Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
$420,000 Chicago Title Company
$800,000 Chicago Title
-- Old Republic Title Company
$610,000 Old Republic Title Company
$375,000 Fidelity National Title Co
$300,000 First American Title Ins Co
-- First American Title Ins Co
-- First American Title Ins Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $1,002,600
Previous Owner $1,021,875
Previous Owner $708,000
Previous Owner $471,000
Previous Owner $315,000
Previous Owner $630,000
Previous Owner $94,000
Previous Owner $680,000
Previous Owner $457,500
Previous Owner $110,000
Previous Owner $300,000
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
05/18/2018 05/18/18 Sold $1,362,500 -0.9% $409 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $1,375,000 +16.5% $413 / Sq Ft
10/06/2017 10/06/17 Sold $1,180,000 +7.4% $355 / Sq Ft View Prior Sale
09/07/2017 09/07/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $1,099,000 +65.3% $330 / Sq Ft
09/03/2013 09/03/13 Sold $665,000 -4.9% $200 / Sq Ft View Prior Sale
07/09/2013 07/09/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $699,000 -- $210 / 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
2026 $22,012 $1,581,293 $905,255 $676,038
2025 $21,457 $1,550,288 $887,505 $662,783
2024 $21,457 $1,519,891 $870,103 $649,788
2023 $21,214 $1,490,091 $853,043 $637,048
2022 $20,763 $1,460,874 $836,317 $624,557
2021 $20,772 $1,432,230 $819,919 $612,311
2020 $20,346 $1,417,545 $811,512 $606,033
2019 $19,554 $1,389,750 $795,600 $594,150
2018 $17,203 $1,180,000 $680,000 $500,000
2017 $10,990 $702,400 $350,672 $351,728
2016 $10,440 $688,629 $343,797 $344,832
2015 $10,200 $678,286 $338,633 $339,653
2014 $9,916 $665,000 $332,000 $333,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81697957

MLSListings

APN: 477-32-166

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