NOT LISTED FOR SALE
10 Beds
10 Baths
6,632 Sq Ft
0.34 Acres

Last Sold June 06, 2018

Last sale price $3,080,000 $464 Per Sq Ft

12 Days on Market

Highlights

  • 14,810 Sq Ft lot
  • Corner Lot
  • Laundry Room
  • Heinz Kaiser Elementary School Rated A
  • No HOA

About This Home

As of June 2018

Location, Location, Location. Apartment is located in the most ideal area for an investment! 10 units, all 1/1. with a little TLC this unit can yield a very profitable income for its next owner

Last Agent to Sell the Property

Jose Uribe

Huntington West Prop. License #01875140 Listed on: 05/02/2018

Co-Listed By

Kijoon Baeg

Huntington West Prop. License #02049626

Last Buyer's Agent

Kurt Hediger

Marcus & Millichap RE Invest License #01846649

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 0.34 Acre Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 10 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 6,632 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 252
  • Tax Tract Number 516
  • Assessor Parcel Number 42613101

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Amenities

  • Laundry Facilities

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $655
  • Fuel Expense $1,542
  • Insurance Expense $1,500
  • Professional Management Expense $10,594
  • Trash Expense $5,645
  • Water Sewer Expense $3,179
  • New Taxes Expense $34,500
  • Operating Expense $58,285
  • Gross Income $147,000
  • Net Operating Income $112,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0.34 Acres

Parking

10

Listing Details

  • Professional Management Expense: 10594.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3179.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 42613101
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 464.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 10.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 5645.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 14810.00

Multi Family

  • Electric Expense: 655.32
  • Fuel Expense: 1541.70
  • Gross Income: 147000.00
  • Gross Scheduled Income: 147000.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 112000.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 35000.00
  • Rent Control: No
  • Total Expenses: 58285.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 34500.00
  • Tax Census Tract: 632.01
  • Tax Lot: 252
  • Tax Tract Number: 516
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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
06/06/2018 06/06/18 Sold $3,080,000 +2.7% $464 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $3,000,000 -- $452 / 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 $40,570 $3,504,511 $2,734,204 $770,307
2024 $40,570 $3,435,796 $2,680,593 $755,203
2023 $39,437 $3,368,428 $2,628,032 $740,396
2022 $38,242 $3,302,381 $2,576,502 $725,879
2021 $37,066 $3,237,629 $2,525,982 $711,647
2020 $36,711 $3,204,432 $2,500,082 $704,350
2019 $36,002 $3,141,600 $2,451,060 $690,540
2018 $5,625 $255,097 $71,097 $184,000
2017 $5,545 $250,096 $69,703 $180,393
2016 $5,447 $245,193 $68,337 $176,856
2015 $5,374 $241,510 $67,310 $174,200
2014 $5,257 $236,780 $65,992 $170,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18108840

California Regional Multiple Listing Service (CRMLS)
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