NOT LISTED FOR SALE
11 Beds
8 Baths
5,335 Sq Ft
8,712 Sq Ft Lot

Last Sold March 31, 2015

Last sale price $1,260,000 $236 Per Sq Ft

62 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • No HOA
  • Property is near public transit
  • Lawn
  • Balcony

About This Home

As of March 2015

Newly upgraded Multi-Family Home two side-by-side buildings with two parcel# (4 units downstairs and 3 units downstairs each building), close to major employment, public transportation and elementary schools, five to ten minutes away from Disneyland, Angel's Stadium, Honda Center, and The Block of Orange shopping mall. All units have newly upgraded windows, AC, wood floors, unit gate door, and upgraded kitchen with new lower cabinets, granite counter top, exhaust fan, gas range. Some units have new tile floors in kitchen and bathroom, bathtub, 3 new garage doors, etc. Both buildings have new front fence gates, fresh exterior paint, and some new interior paint. Owner pays for water and gardening. Tenants pay for gas, electricity, and garbage collections. Washer and dryer in laundry room are on a lease for the convenience of residents.

***Do not disturb or contact tenants***

Last Agent to Sell the Property

Lorna Lee

T.N.G. Real Estate Consultants License #01928703 Listed on: 04/01/2015

Last Buyer's Agent

Zara Azartash

Zahra Azartash, Broker License #01710752

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 8,712 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Property fronts an alley
  • Two or More Common Walls
  • Wrought Iron Fence
  • Brick Fence
  • Stucco Fence
  • New Fence
  • Landscaped
  • Level Lot
  • Lawn
  • Front Yard

Parking

  • 8 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Planned Development

Interior Spaces

  • 5,335 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Blinds
  • Gas Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Vented Exhaust Fan
  • Central Water Heater
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Energy-Efficient Windows
  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 9
  • Tax Tract Number 3419
  • Assessor Parcel Number 13734202

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 7 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Gardener Expense $1,200
  • Insurance Expense $1,715
  • Maintenance Expense $1,000
  • Pest Control $1,200
  • Professional Management Expense $100
  • Trash Expense $100
  • Water Sewer Expense $2,400
  • New Taxes Expense $10,990
  • Gross Income $8,200
  • Net Operating Income $88,760

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

8

Listing Details

  • CapRate: 6.04
  • Professional Management Expense: 100.00
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s), Resident Manager, Smoke Detector(s)
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 13734202
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 236.18
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Fencing: Brick, New Condition, Stucco Wall, Wrought Iron, Excellent Condition
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Vented Exhaust Fan, Water Heater Central
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Outside
  • Pest Control Expense: 1200.00
  • Trash Expense: 100.00
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Front Yard, Level, Lawn, Landscaped, Level with Street, Planned Unit Development, Near Public Transit
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 800
  • Average2 Bed Area: 950
  • Electric Expense: 1200.00
  • Gross Income: 8200.00
  • Gross Scheduled Income: 99600.00
  • Insurance Expense: 1715.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 8712.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 88760.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Number With Disposal: 7
  • Number With Range: 7
  • Operating Expense: 23505.00
  • Other Expense Description: Estimate
  • Rent Control: No
  • Total Actual Rent: 8200.00
  • Waterfront Features: Bay Front

Tax Info

  • New Taxes Expense: 10990.00
  • Tax Lot: 9
  • Tax Tract Number: 3419
  • 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
03/31/2015 03/31/15 Sold $1,260,000 0.0% $236 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $1,260,000 -- $236 / 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 $18,183 $1,514,327 $961,480 $552,847
2024 $18,183 $1,484,635 $942,628 $542,007
2023 $17,793 $1,455,525 $924,145 $531,380
2022 $17,558 $1,426,986 $906,025 $520,961
2021 $17,582 $1,399,006 $888,259 $510,747
2020 $17,505 $1,384,661 $879,151 $505,510
2019 $16,999 $1,357,511 $861,912 $495,599
2018 $16,654 $1,330,894 $845,012 $485,882
2017 $16,013 $1,304,799 $828,444 $476,355
2016 $15,963 $1,279,215 $812,200 $467,015
2015 $11,677 $892,482 $560,989 $331,493
2014 $10,991 $875,000 $550,000 $325,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15013164

California Regional Multiple Listing Service (CRMLS)