NOT LISTED FOR SALE
20 Beds
16 Baths
8,282 Sq Ft
0.4 Acre Lot

Sale Details

Date Sold: August 1, 2017

Last sale price $2,015,000 $243 Per Sq Ft

57 Days on Market

Highlights

  • 0.4 Acre Lot
  • Traditional Architecture
  • No HOA
  • Two Story Ceilings
  • Private Yard
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2017

THIS VERY DESIRABLE 2-STORY APARTMENT BUILDING WAS BUILT IN 1965 AND IS WELL MAINTAINED. IT CONSISTS OF 8-UNITS AND HAS 8,282-SF LIVING AREA. THERE ARE 4 UNITS WITH 3-BR/1.5 BATH AND 4 UNITS WITH 2-BR/1.5 BATH. EACH UNIT HAS A REAR ENCLOSED COVERED PATIO USED FOR LAUNDRY AND STORAGE AREA. THE LOT OF 17,322-SF STEEL-GATED AND SURROUNDED WITH CONCRETE BLOCK FENCE HAS A FRONT YARD, STORAGE ROOM, 11 PARKING SPACES, DETACHED 8-CAR COVERED CARPORT AND COMMON TRASH AREA. CONVENIENTLY LOCATED NEAR BUS STOP, SCHOOL, CHURCH, STORES, SUPERMARKETS AND RESTAURANTS. VERY GOOD RENTAL INCOME PROPERTY WITH CURRENT RENT AND POTENTIAL GROWTH FOR MORE INCOME.

Last Agent to Sell the Property

Francis (Buddy) Bautista

High Ten Partners Inc License #01031044 Listed on: 05/17/2017

High Ten Partners Inc

Last Buyer's Agent

Kevin Lee

Coldwell Banker Envision License #01720786

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,416

Year Built

  • Built in 1964

Lot Details

  • 17,323 Sq Ft Lot
  • No Common Walls
  • Security Fence
  • Wrought Iron Fence
  • Block Wall Fence
  • Fence is in average condition
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Front Yard

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 8,282 Sq Ft Home
  • 2-Story Property
  • Two Story Ceilings
  • Entryway
  • Living Room
  • Storage

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 20 Bedrooms
  • All Upper Level Bedrooms
  • 16 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Detached Carport Space
  • Parking Available
  • Auto Driveway Gate
  • Shared Driveway
  • Uncovered Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid
  • Phone System
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 40
  • Tax Tract Number 14793
  • Assessor Parcel Number 8203030008

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Built by Sunrise

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $552
  • Gardener Expense $600
  • Insurance Expense $2,479
  • Maintenance Expense $1,200
  • Trash Expense $2,764
  • Water Sewer Expense $6,914
  • New Taxes Expense $27,356
  • Operating Expense $45,664
  • Gross Income $127,200
  • Net Operating Income $100,136

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,416

Year Built

Built in 1964

Lot Details

0.4 Acres

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 6914.00
  • Zoning: LPR3*
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 8203030008
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Phone System, Storage, Two Story Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: Two
  • Price Per Square Foot: 243.30
  • Room Type: All Bedrooms Up, Entry, Kitchen, Living Room

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting, Satellite Dish
  • Fence: Yes
  • Fencing: Average Condition, Block, Security, Wrought Iron
  • Builder Name: Sunrise
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Detached Carport, Uncovered, Driveway, Shared Driveway, Auto Driveway Gate, Asphalt, Parking Space

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 2764.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Lot 10000-19999 Sqft, Level, Paved, Yard
  • Lot Size Sq Ft: 17323.00
  • Lot Size Acres: 0.3977

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Other, Telephone

Multi Family

  • Electric Expense: 552.00
  • Gross Income: 127200.00
  • Gross Multiplier: 15.01
  • Gross Operating Income: 141426.00
  • Gross Scheduled Income: 145800.00
  • Insurance Expense: 2479.00
  • Lot Size Area: 17323.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 100136.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Number With Carpet: 8
  • Number With Patio: 8
  • Number With Range: 8
  • Operating Expense: 45663.00
  • Rent Control: No
  • Total Actual Rent: 10600.00
  • Total Expenses: 45664.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 27356.00
  • Tax Area: 4-385
  • Tax Census Tract: 4071.02
  • Tax Lot: 40
  • Tax Tract Number: 14793
  • Tax Annual Amount: 9416.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2017
Closed on
Jun 7, 2017
Sold by
Bought by
Seller's Agent
Francis (Buddy) Bautista
High Ten Partners Inc
Buyer's Agent
Kevin Lee
Coldwell Banker Envision
List Price
$2,188,500
Sold Price
$2,015,000
Premium/Discount to List
-$173,500
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
0.0391%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
0.0503%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 2005
Sold by
Bought by

Purchase Details

Closed on
Oct 27, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$2,015,000 Ticor Title
-- Lawyers Title
-- --
$368,000 Benefit Land Title Company
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $1,200,000
Previous Owner $925,000
Previous Owner $560,000
Previous Owner $540,000
Previous Owner $100,000
Previous Owner $270,000
Source: Public Records

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
08/01/2017 08/01/17 Sold $2,015,000 -7.9% $243 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $2,188,500 -- $264 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax 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.

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 $30,365 $2,292,720 $1,260,712 $1,032,008
2024 $29,117 $2,247,766 $1,235,993 $1,011,773
2023 $28,407 $2,203,693 $1,211,758 $991,935
2022 $27,606 $2,160,485 $1,187,999 $972,486
2021 $27,118 $2,118,123 $1,164,705 $953,418
2019 $26,359 $2,055,300 $1,130,160 $925,140
2018 $25,541 $2,015,000 $1,108,000 $907,000
2016 $9,416 $635,662 $304,588 $331,074
2015 $9,259 $626,114 $300,013 $326,101
2014 $9,167 $613,851 $294,137 $319,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17108113

California Regional Multiple Listing Service (CRMLS)
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