NOT LISTED FOR SALE

Estimated Value: $746,000 - $900,000

8 Beds
4 Baths
3,300 Sq Ft
$246/Sq Ft Est. Value

Last Sold September 12, 2017

Last sale price $570,000 $173 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,092/month

3 Days on Market

About This Home

As of September 2017

Rare turnkey investment Fourplex for sale in Antioch! Owner recently renovated (3) of the units. Renovations include new kitchen cabinets, appliances, countertops, flooring, carpet, paint, and more. Each unit is a 2/1 with approximately 825 sq ft living space. Property is currently actively managed. Great for investors looking for low maintenance and high income rental generation. Market rate for each unit is $1300. (2) of the units are currently under Section 8. One unit just finished renovations and is available to view any time. Property management is actively looking to fill this unit. Potential yearly rental income is $62,400 with a capitalization rate of 9% or more. Come see this rare turnkey investment opportunity today!

Last Agent to Sell the Property

Conroy Tam

KW Advisors License #02033468 Listed on: 08/14/2017

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,396

Year Built

  • 1977

Lot Details

  • 8,699 Sq Ft Lot

Home Design

  • Quadruplex
  • Slab Foundation

Interior Spaces

  • 3,300 Sq Ft Home
  • 1-Story Property
  • Window Bars

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $62,400

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $500
  • Maintenance Expense $1,334
  • Manager Expense $3,357
  • Other Expense $2,800
  • Utility Expense $3,713
  • Trash Expense $3,095
  • Operating Expense $19,092
  • Gross Income $62,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,396

Year Built

1977

Lot Details

0

Listing Details

  • Zoning: R4
  • Subclass: Fourplex
  • Age: 40
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3300
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Living Sq Ft: 3300
  • Stories: 1
  • Security: Varies By Unit, Window Bars

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

  • Parking Spaces: 8
  • Garage Parking Features: Carport, Covered Parking
  • Carport Min: 8

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Antioch Unified

Lot Info

  • Lot Acres: 0.1997
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8700.00

Rental Info

  • Gross Rent Multiplier: 8.37
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Landscape: 500
  • Expense Maintenance: 1334
  • Expense Management: 3357
  • Expenses Other: 2800
  • Expenses Total: 19092
  • Expenses Utility: 3713
  • Expense Trash: 3095
  • Income Annual Gross: 62400.00
  • Income Annual Rental: 62400
  • Income Gross Scheduled: 62400
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Water
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
Hyder Syed
Bought by
12 Sfhk Llc
Current Estimated Value
$812,780

Purchase Details

Closed on
Apr 8, 2021
Sold by
12 Sfhk Llc
Bought by
Hyder Syed F and Munawar Mehwish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2018
Sold by
Hyder Syed
Bought by
12 Sfhk Llc

Purchase Details

Closed on
Apr 4, 2018
Sold by
Hyder Syed
Bought by
1405Fa Llc

Purchase Details

Listed on
Aug 14, 2017
Closed on
Sep 5, 2017
Sold by
Kawakita Eric Seiji
Bought by
Hyder Syed
Seller's Agent
Conroy Tam
KW Advisors
Buyer's Agent
RECIP
Out of Area Office
List Price
$522,000
Sold Price
$570,000
Premium/Discount to List
$48,000
9.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$399,000
Interest Rate
3.92%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 15, 2013
Sold by
Chan Wing Lam and Chan Lily Z
Bought by
Kawakita Eric Seiji

Purchase Details

Closed on
Oct 9, 2012
Sold by
Larsen David J and Larsen Anastasia J
Bought by
Chan Wing Lam and Chan Lily Z

Purchase Details

Closed on
Nov 4, 2009
Sold by
Bank Of America Na
Bought by
Larsen David J and Larsen Anastasia J

Purchase Details

Closed on
Jun 16, 2009
Sold by
Pastor Violie D and Laurente Yolanda
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 18, 2009
Sold by
Laurente Yolanda
Bought by
Pastor Violie and Laurente Yolanda

Purchase Details

Closed on
Dec 27, 2007
Sold by
Pastor Violie and Laurente Yolanda
Bought by
Laurente Yolanda

Purchase Details

Closed on
Aug 12, 2005
Sold by
Mondero Filomena V
Bought by
Pastor Violie and Laurente Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,700
Interest Rate
8.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 26, 2004
Sold by
Rincon Jerry and Wexner Laurel R
Bought by
Mondero Francisco and Mondero Filomena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2004
Sold by
Rincon Jerry
Bought by
Rincon Jerry and Wexner Laurel R

Purchase Details

Closed on
Feb 25, 2004
Sold by
Huyssoon Hildred
Bought by
Rincon Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2004
Sold by
Huyssoon Hildred
Bought by
Rincon Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2002
Sold by
Huyssoon Hildred
Bought by
Huyssoon Hildred

Purchase Details

Closed on
Aug 21, 1996
Sold by
Hughes Irma Mae 1990 Trust and Hildred
Bought by
Huyssoon Hildred
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
12 Sfhk Llc -- None Listed On Document
Hyder Syed -- None Listed On Document
Hyder Syed F -- Fidelity National Title Co
12 Sfhk Llc -- None Available
Hyder Syed -- None Available
1405Fa Llc -- None Available
Hyder Syed $570,000 Fidelity National Title Co
Kawakita Eric Seiji $375,000 Chicago Title Company
Chan Wing Lam $257,000 Fidelity National Title Co
Larsen David J $235,000 Chicago Title Company
Bank Of America Na $240,125 Landsafe Title
Pastor Violie -- None Available
Laurente Yolanda -- None Available
Pastor Violie $682,000 Chicago Title
Mondero Francisco $585,000 Old Republic Title
Rincon Jerry $210,000 --
Rincon Jerry $420,000 Old Republic Title
Rincon Jerry $840,000 Old Republic Title
Huyssoon Hildred -- --
Huyssoon Hildred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hyder Syed F $486,000
Previous Owner Hyder Syed $399,000
Previous Owner Pastor Violie $579,700
Previous Owner Mondero Francisco $468,000
Previous Owner Rincon Jerry $378,000
Previous Owner Rincon Jerry $378,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2017 09/12/17 Sold $570,000 +9.2% $173 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $522,000 0.0% $158 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $522,000 -- $158 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $9,396 $669,306 $167,325 $501,981
2024 $11,464 $656,184 $164,045 $492,139
2023 $11,464 $853,128 $208,080 $645,048
2022 $9,002 $630,706 $157,676 $473,030
2021 $8,647 $618,340 $154,585 $463,755
2019 $8,471 $600,000 $150,000 $450,000
2018 $7,967 $570,000 $125,000 $445,000
2017 $5,946 $396,089 $92,948 $303,141
2016 $5,783 $388,324 $91,126 $297,198
2015 $5,687 $382,492 $89,758 $292,734
2014 $5,497 $375,000 $88,000 $287,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81673930

MLSListings

APN: 074-363-081-6