NOT LISTED FOR SALE
11 Beds
8 Baths
5,608 Sq Ft
7,693 Sq Ft Lot

Last Sold August 01, 2013

Last sale price $730,000 $130 Per Sq Ft

71 Days on Market

Highlights

  • No HOA
  • Valley Academy of Arts & Sciences Rated A-
  • Laundry Room

About This Home

As of August 2013

CONVENIENTLY LOCATED APARTMENT BUILDING. FOUR UNITS HAVE BEEN FIXED. TWO UNITS CURRENTLY VACANT DUE TO WORK PROCESS IN THE UNITS. CLOSE TO FREEWAYS, STORES, MARKETS. TWO UNITS ARE CURRENTLY VACANT DUE TO SOME WORK ON THE UNITS. THEY CAN BE EASILY RENTED. LOW RENTS.

Last Agent to Sell the Property

Estrella Ramos

Berkshire Hathaway HomeServices California Properties License #01050615 Listed on: 05/22/2013

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 7,693 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 7 Car Garage
  • 5 Carport Spaces

Home Design

  • 5,608 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Tax Tract Number 19829
  • Assessor Parcel Number 2612013007

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,500
  • Maintenance Expense $1,000
  • Supplies Expense $200
  • Trash Expense $1,680
  • Water Sewer Expense $3,300
  • New Taxes Expense $9,000
  • Gross Income $4,080
  • Net Operating Income $28,480

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

7

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Supplies Expense: 200.00
  • Water Sewer Expenses: 3300.00
  • Property Type: Residential Income
  • Parcel Number: 2612013007
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 130.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Garage Spaces: 7.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Trash Expense: 1680.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7693.00
  • Lot Size Acres: 0.1770

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4080.00
  • Gross Scheduled Income: 48960.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 7693.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 28480.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 7
  • Operating Expense: 20480.00
  • Rent Control: Yes
  • Total Actual Rent: 48960.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 9000.00
  • Tax Lot: 10
  • Tax Tract Number: 19829

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
08/01/2013 08/01/13 Sold $730,000 -4.9% $130 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $768,000 -- $137 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR13095779

California Regional Multiple Listing Service (CRMLS)