NOT LISTED FOR SALE

13761 Cherry St West Minster, CA 92683

12 Beds
12 Baths
1,712 Sq Ft
10,454 Sq Ft Lot

Last Sold August 12, 2015

Last sale price $1,545,000 $902 Per Sq Ft

39 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Contemporary Architecture
  • No HOA
  • Westminster High School Rated A
  • Granite Countertops
  • Laundry Room

About This Home

As of August 2015

Property is in Excellent condition.Charming 6 Unit TOWNHOUSES in Westminister. Tiled Roof. Each unit has 1 garage and 1 assigned parking.Plenty of parking.All units are rented. Rents are below market.Potential to increase rents,owner has not increased the rents for at least 3 years.
Pride of Ownership. Owner has done lots of improvements to the property.
1, New Garages,2, All the new Granite counters in the kitchen & Bathrooms.3, Carpets in units are in good condition.4, Laundry room has been upgraded, new paint & New Tiles in the laundry room.5, Most of Building has a new paint.
Drive By only, Please do not disturb tenants.

Last Agent to Sell the Property

Satish Pandhoh

Lakeside Financial Network Inc License #00985698 Listed on: 04/23/2015

Last Buyer's Agent

Ignacio Diaz Jr

Investment Capital Real Estate License #01379930

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 10,454 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Sprinklers on Timer
  • Front Yard

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 1,712 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Gas Fireplace
  • Dining Room with Fireplace
  • Laundry Room

Kitchen

  • Granite Countertops
  • Fireplace in Kitchen

Flooring

  • Brick
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Fireplace in Primary Bedroom
  • 12 Bathrooms
  • Fireplace in Bathroom

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 50
  • Tax Tract Number 99904
  • Assessor Parcel Number 09607415

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Electric Expense $600
  • Gardener Expense $660
  • Insurance Expense $1,200
  • Maintenance Expense $3,600
  • Pest Control $540
  • Professional Management Expense $2,400
  • Trash Expense $1,300
  • Water Sewer Expense $3,000
  • New Taxes Expense $20,085
  • Gross Income $7,650
  • Net Operating Income $56,786

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

10,454 Sq Ft Lot

Parking

6

Listing Details

  • Professional Management Expense: 2400.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 09607415
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Brick, Carpet, Tile
  • Fireplace Features: Bath, Dining Room, Electric, Gas, Kitchen, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 902.45

Exterior Features

  • Pool Private: No
  • Roof: Concrete, Tile

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Pest Control Expense: 540.00
  • Trash Expense: 1300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Front Yard, Level, Sprinklers Timer
  • Lot Size Sq Ft: 10454.00
  • Lot Size Acres: 0.2400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 7650.00
  • Gross Scheduled Income: 91800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 10454.0000 Square Feet
  • Maintenance Expense: 3600.00
  • Net Operating Income: 56786.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Dishwasher: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Operating Expense: 35014.00
  • Rent Control: No
  • Total Actual Rent: 7600.00

Tax Info

  • New Taxes Expense: 20085.00
  • Tax Lot: 50
  • Tax Tract Number: 99904
  • Tax Year: 2014
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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 List to Sale Price per Sq Ft
08/12/2015 08/12/15 Sold $1,545,000 0.0% $902 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $1,545,000 -- $902 / 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 $21,146 $1,736,626 $1,095,012 $641,614
2024 $21,146 $1,702,575 $1,073,541 $629,034
2023 $20,430 $1,669,192 $1,052,492 $616,700
2022 $20,115 $1,636,463 $1,031,855 $604,608
2021 $19,634 $1,604,376 $1,011,623 $592,753
2020 $19,402 $1,587,926 $1,001,250 $586,676
2019 $19,189 $1,556,791 $981,618 $575,173
2018 $19,186 $1,526,266 $962,370 $563,896
2017 $18,467 $1,496,340 $943,500 $552,840
2016 $17,891 $1,467,000 $925,000 $542,000
2015 $15,892 $1,288,836 $859,225 $429,611
2014 $15,538 $1,263,590 $842,394 $421,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15086346

California Regional Multiple Listing Service (CRMLS)
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