NOT LISTED FOR SALE

15192 Jackson St Midway City, CA 92655

3 Beds
2 Baths
11,963 Sq Ft
0.38 Acres

Last Sold April 25, 2017

Last sale price $3,900,000 $326 Per Sq Ft

14 Days on Market

Highlights

  • 16,553 Sq Ft lot
  • Demille Elementary Rated A-
  • Landscaped

About This Home

As of April 2017

Jackson Street Apartments is a 16-unit apartment community located in Midway City, California. Situated on a 0.38-acre lot, the property consists of 1, one-bedroom unit and 15, two-bedroom units. Midway City is located in the Westminster/Fountain Valley submarket.

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 03/02/2017

Last Buyer's Agent

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 03/02/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.38 Acre Lot
  • No Common Walls
  • Landscaped

Home Design

  • 11,963 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 16 Open Parking Spaces
  • 16 Parking Spaces

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 627
  • Assessor Parcel Number 10718022

Community Details

Overview

  • 16 Units

Building Details

  • 16 Leased Units
  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • Electric Expense $3,353
  • Insurance Expense $3,200
  • Maintenance Expense $8,000
  • Other Expense $7,110
  • Professional Management Expense $6,000
  • Trash Expense $3,353
  • Water Sewer Expense $3,353
  • New Taxes Expense $49,183
  • Operating Expense $92,903
  • Gross Income $293,880
  • Net Operating Income $192,406

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Professional Management Expense: 6000.00
  • Property Attached: No
  • Water Sewer Expenses: 3352.50
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 10718022
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 326.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 16.00
  • Uncovered Spaces: 16.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 3352.50
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 16552.80

Multi Family

  • Electric Expense: 3352.50
  • Gross Income: 293880.00
  • Gross Operating Income: 285308.00
  • Gross Scheduled Income: 293880.00
  • Insurance Expense: 3200.00
  • Maintenance Expense: 8000.00
  • Net Operating Income: 192406.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Units Leased: 16
  • Number Of Units Total: 16
  • Operating Expense: 92903.00
  • Other Expense: 7110.00
  • Rent Control: No
  • Total Actual Rent: 23810.00
  • Total Expenses: 92903.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 49183.00
  • Tax Census Tract: 997.02
  • Tax Lot: 48
  • Tax Tract Number: 627

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
04/25/2017 04/25/17 Sold $3,900,000 -3.7% $326 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
03/13/2017 03/13/17 Price Changed $4,050,000 -3.6% $339 / Sq Ft
03/02/2017 03/02/17 For Sale $4,200,000 -- $351 / 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: OC17042800

California Regional Multiple Listing Service (CRMLS)