NOT LISTED FOR SALE
3 Beds
2 Baths
6,720 Sq Ft
6,161 Sq Ft Lot

Sale Details

Date Sold: April 22, 2016

Last sale price $1,460,000 $217 Per Sq Ft

100 Days on Market

About This Home

As of April 2016

This nine-unit apartment building was first developed in 1962 and has undergone extensive building improvements over the last few years. It consists of eight two-bedroom units and one 1-bedroom unit. Each unit features, upgraded plumbing and electric systems, a few units have new appliances, kitchens and bathroom vanities. In addition, the property is separately metered, offers six single car garages, and has a laundry facility on-site.

Last Agent to Sell the Property

Jack Levis

CBRE Inc. License #01886278 Listed on: 10/14/2015

Last Buyer's Agent

Kevin King

Marcus & Millichap License #01158184

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,161 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage

Home Design

  • 6,720 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 1833
  • Assessor Parcel Number 7431026019

Community Details

Overview

  • 9 Units

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $10,648
  • Net Operating Income $82,560

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

6,161 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7431026019
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 217.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6161.00
  • Price Per Lot Square Foot: 236.97
  • Lot Size Acres: 0.1410

Multi Family

  • Gross Income: 10648.00
  • Gross Scheduled Income: 127776.00
  • Lot Size Area: 6161.0000 Square Feet
  • Net Operating Income: 82560.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 36993.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Lot: 29
  • Tax Tract Number: 1833
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2016 04/22/16 Sold $1,460,000 -2.3% $217 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
10/14/2015 10/14/15 For Sale $1,495,000 +83.4% $222 / Sq Ft
08/09/2012 08/09/12 Sold $815,000 -14.1% $121 / Sq Ft View Prior Sale
07/11/2012 07/11/12 Pending -- -- --
08/25/2011 08/25/11 For Sale $949,000 -- $141 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $23,838 $1,728,339 $947,036 $781,303
2024 $22,771 $1,694,451 $928,467 $765,984
2023 $22,378 $1,661,227 $910,262 $750,965
2022 $21,018 $1,628,655 $892,414 $736,241
2021 $20,570 $1,596,721 $874,916 $721,805
2019 $20,275 $1,549,363 $848,966 $700,397
2018 $19,742 $1,518,984 $832,320 $686,664
2016 $13,010 $1,015,250 $406,100 $609,150
2015 $12,505 $1,000,000 $400,000 $600,000
2014 $10,615 $818,699 $447,020 $371,679
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15226008

California Regional Multiple Listing Service (CRMLS)
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