$363,500
SOLD OCT 31, 2014
12 Beds
5 Baths
4,269 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$85 Per Sq Ft

3% Below List Price

13 Days on Market

Highlights

  • No HOA
  • Harry M. Marsh Junior High School Rated A-
  • Laundry Room

About This Home

As of July 2019

Conveniently located income property with long-term tenants in all four units. The front house (2bd+bonus room and basement/1ba) appears to have been built in the 1920’s and retains the charm of that era. The triplex, accessed off the alley, built in 1984, has two 3bd/1ba units and one 3bd/2ba unit. Each triplex unit has two assigned parking spots, 4x8 storage units, wall heat & cooling, refrigerators, stove/ovens, and w/d hook-ups within the unit. The house has driveway parking, a swamp cooler and freestanding gas heater. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Kiersten Morgan

Crane Realty License #01808835 Listed on: 09/19/2014

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls

Home Design

  • 4,269 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Laundry Room
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 005213007000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $3,176
  • Maintenance Expense $3,000
  • Trash Expense $1,300
  • Water Sewer Expense $2,075
  • New Taxes Expense $4,125
  • Gross Income $3,380
  • Net Operating Income $26,980

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Refig (4) and Stoves (4)
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Water Sewer Expenses: 2075.00
  • Zoning: R-2
  • Property Type: Residential Income
  • Parcel Number: 005213007000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 85.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Trash Expense: 1300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 3380.00
  • Gross Scheduled Income: 40656.00
  • Insurance Expense: 3176.00
  • Lot Size Area: 8712.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 26980.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 13676.00
  • Rent Control: No
  • Total Actual Rent: 3380.00

Tax Info

  • New Taxes Expense: 4125.00
  • Tax Year: 2013

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
07/29/2019 07/29/19 Sold $650,000 +0.8% $152 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $645,000 +54.7% $151 / Sq Ft
05/23/2017 05/23/17 Sold $417,000 -7.3% $139 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $450,000 +23.8% $150 / Sq Ft
10/31/2014 10/31/14 Sold $363,500 -3.1% $85 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
09/19/2014 09/19/14 For Sale $375,000 -- $88 / 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: CH14203382

California Regional Multiple Listing Service (CRMLS)

APN: 005-213-007