NOT LISTED FOR SALE
9 Beds
8 Baths
3,755 Sq Ft
9,104 Sq Ft Lot

Last Sold October 07, 2016

Last sale price $1,525,000 $406 Per Sq Ft

68 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Ceiling Fan
  • Del Mar High School Rated A-
  • Tile Countertops
  • Coin Laundry

About This Home

As of October 2016

Ground floor Owners unit + 3 Two bed / 1.5 bath units> Lots of upgrades and improvements, off street parking, good location near commute access, large units, private lawn in back

Last Agent to Sell the Property

John Krischer

Sun Valley Real Estate & Finance License #01924057 Listed on: 06/18/2016

Last Buyer's Agent

Daniel Chang

Silicon Valley Realty License #01401006

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • 9,104 Sq Ft Lot
  • Level Lot
  • Sprinklers on Timer
  • Grass Covered Lot

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Wood Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,755 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Electric Cooktop
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Parking

  • 4 Carport Spaces
  • On-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $95,856
  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $780
  • Insurance Expense $3,000
  • Maintenance Expense $1,000
  • Manager Expense $7,200
  • Other Expense $3,000
  • Utility Expense $3,600
  • Operating Expense $30,328
  • Gross Income $91,063

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Style: Contemporary
  • Age: 39
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3755
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Tile
  • Living Sq Ft: 3755
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Clay
  • Yard/Grounds: Low Maintenance, Sprinklers - Auto
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Carport, On Street
  • Carport Min: 4

Utilities

  • Cooling System: Ceiling Fan, Window / Wall Unit
  • Heating System: Gas
  • Sewer/Septic System: Sewer Connected, Sewer In Street

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2090
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9099.68
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9099.68

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 16.68
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 3000
  • Expense Landscape: 780
  • Expense Maintenance: 1000
  • Expense Management: 7200
  • Expenses Other: 3000
  • Expenses Total: 30328
  • Expenses Utility: 3600
  • Income Annual Gross: 91063.00
  • Income Annual Rental: 95856
  • Income Gross Scheduled: 95856
  • Income Includes: Coin Operated Equip, Laundry, Rents
  • Meters: Master Electric, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Loan - Mortgage, Maintenance, Maintenance - Laundry, Maintenance - Repair, Services - Trash Removal, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 5

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
10/07/2016 10/07/16 Sold $1,525,000 -4.6% $406 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
08/06/2016 08/06/16 For Sale $1,599,000 0.0% $426 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
06/18/2016 06/18/16 For Sale $1,599,000 -- $426 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81591359

MLSListings

APN: 282-46-088