NOT LISTED FOR SALE
7 Beds
-- Bath
2,734 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: December 19, 2012

Last sale price $550,000 $201 Per Sq Ft

8 Days on Market

About This Home

As of December 2012

Regular Sale - Great opportunity to own this recently remodeled 4plex. Easy access to freeways, shopping and transportation. all units rented. City mandated $417 monthly HOA fee (only includes security patrol and exterior landscaping). Over a 6% cap rate.

Last Agent to Sell the Property

David Giambruno

Silicon Valley Associates Inc. License #01365616 Listed on: 11/26/2012

Silicon Valley Associates Inc.
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,970

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 2,734 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Oven or Range

Utilities

  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $58,200
  • The owner pays for garbage, water

Community Details

Overview

  • 2,734 Sq Ft Building

Building Details

  • Insurance Expense $1,440
  • Maintenance Expense $2,000
  • Manager Expense $5,244
  • Trash Expense $1,140
  • Operating Expense $22,737
  • Gross Income $58,200

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 201.17
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2734
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 2734
  • Stories: 2
  • Laundry: Laundry Area - In Unit
  • Flooring: Carpet

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7049.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7049.00
  • Lot Size Area Min Search: 7049.00
  • Maximum Lot Size: 7049.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 9.11

Multi Family

  • Expense Insurance: 1440
  • Expense Maintenance: 2000
  • Expense Management: 5244
  • Expenses Total: 22737
  • Expense Trash: 1140
  • Expense Water Sewer: 2640
  • Income Annual Gross: 58200.00
  • Income Annual Rental: 58200
  • Income Gross Scheduled: 58200
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Master Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Cable Tv, Utilities - Electric

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Santee, CA

See All Agents

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
12/19/2012 12/19/12 Sold $550,000 +3.8% $201 / Sq Ft
12/04/2012 12/04/12 Pending -- -- --
11/26/2012 11/26/12 For Sale $530,000 +45.2% $194 / Sq Ft
06/30/2012 06/30/12 Sold $365,000 +0.8% $134 / Sq Ft View Prior Sale
03/26/2012 03/26/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $362,000 -- $132 / Sq Ft
Source: MLSListings

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81241670

MLSListings

APN: 477-32-168

Your Personal Tour Guide

Ask me questions while you tour the home.