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

Last Sold July 09, 2014

Last sale price $745,000 $272 Per Sq Ft

62 Days on Market

About This Home

As of July 2014

PLEASE DO NOT DISTURB TENANTS. Walking distance to elementary and middle schools. HOA due $375/month. All units are occupied, Great Income Property. Two of the units may raise the rent. Coin-op laundry located nearby the subject property. 'AS-IS' Sale.

Last Agent to Sell the Property

Sylvia Lee

Intero Real Estate Services License #01111226 Listed on: 04/09/2014

Intero Real Estate Services

Last Buyer's Agent

Cammi See Tam

United Capital Investment License #01935869

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,970

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Tar and Gravel Roof

Interior Spaces

  • 2,734 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $58,800
  • The owner pays for electric, garbage, gas, heating, hot water, water
  • Month-to-Month Lease Term

Community Details

Overview

  • 2,734 Sq Ft Building

Building Details

  • Insurance Expense $1,264
  • Manager Expense $4,500
  • Utility Expense $1,010
  • Trash Expense $2,074
  • Operating Expense $18,130
  • Gross Income $58,800

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 52
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 272.49
  • 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: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 2734
  • Stories: 2
  • Laundry: Laundry - No
  • Flooring: Laminate, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet, Varies By Unit

Exterior Features

  • Roof: Tar And Gravel
  • View: Local/Neighborhood
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: East Side Union High

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, 1 Year Lease
  • Gross Rent Multiplier: 12.33

Multi Family

  • Expense Insurance: 1264
  • Expense Management: 4500
  • Expenses Total: 18130
  • Expenses Utility: 1010
  • Expense Trash: 2074
  • Expense Water Sewer: 1896
  • Income Annual Gross: 58800.00
  • Income Annual Rental: 58800
  • Income Gross Scheduled: 58800
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Utilities - Gas, Utilities - Heat, Utilities - Hot Water, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax
  • Owner Pays: Electric, Garbage, Gas, Heating, Hot Water, Water
  • Tenant Expenses: Cable Tv, 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
07/09/2014 07/09/14 Sold $745,000 +2.8% $272 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $725,000 -- $265 / 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: ML81411900

MLSListings

APN: 477-32-174