NOT LISTED FOR SALE
8 Beds
-- Bath
3,328 Sq Ft
6,970 Sq Ft Lot

Last Sold May 07, 2014

Last sale price $780,000 $234 Per Sq Ft

14 Days on Market

Highlights

  • Balcony
  • Laundry Facilities
  • Carpet

About This Home

As of May 2014

Great Investement Opportunity! No Vacancy. All units rented. 5 carports and coin-operated laundry room. Granite counter tops, oak cabinets and dual pane windows. Property is under City Injunction. HOA $375 per month. Regular and As-Is sale. PLEASE DO NO DISTURB TENANTS.

Last Agent to Sell the Property

Rachel Wong

Omni Real Estate License #01298296 Listed on: 03/14/2014

Last Buyer's Agent

Anna Lau

Giant Realty Inc. License #01178836

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,970

Home Design

  • Quadruplex
  • Tar and Gravel Roof

Interior Spaces

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

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Carpet
  • Vinyl

Additional Features

  • Balcony
  • Sprinkler System
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $62,040
  • The owner pays for electric, garbage, services - gardener/landscaping, water

Community Details

Building Details

  • Gardener Expense $600
  • Insurance Expense $1,254
  • Maintenance Expense $960
  • Manager Expense $4,500
  • Utility Expense $1,486
  • Trash Expense $2,074
  • Operating Expense $20,231
  • Gross Income $65,640

Additional Features

  • 3,328 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 52
  • Inspections Reports: Geological/Flood
  • Sale Price Per Sq Ft: 234.38
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3328
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Garbage Disposal, Oven Range
  • Living Sq Ft: 3328
  • Stories: 2
  • Laundry: Washer/Dryer - Owned Coin-Op, Community Facility
  • Flooring: Carpet - Area, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Tar And Gravel
  • Yard/Grounds: Sprinklers - Lawn, Balcony / Patio

Garage/Parking

  • Garage Parking Features: Add'l Spots Available, Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace

Condo/Co-op/Association

  • HOA Amenities: Patio - Common

Schools

  • School District: East Side Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7236.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7236.00
  • Lot Size Area Min Search: 7236.00
  • Maximum Lot Size: 7236.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 11.05

Multi Family

  • Expense Insurance: 1254
  • Expense Landscape: 600
  • Expense Maintenance: 960
  • Expense Management: 4500
  • Expenses Total: 20231
  • Expenses Utility: 1486
  • Expense Trash: 2074
  • Expense Water Sewer: 2014
  • Income Annual Gross: 65640.00
  • Income Annual Rental: 62040
  • Income Gross Scheduled: 65640
  • Income Includes: Laundry
  • Income Laundry: 3600
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Water, Maintenance - Laundry, Accounting/Legal, Maintenance - Repair, Fee - Property Management, Fee - Property Tax, Fee - Association
  • Owner Pays: Electric, Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, 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
05/07/2014 05/07/14 Sold $780,000 +7.6% $234 / Sq Ft
03/28/2014 03/28/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $725,000 -- $218 / 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: ML81408047

MLSListings

APN: 477-32-159