NOT LISTED FOR SALE
8 Beds
7 Baths
3,871 Sq Ft
10,454 Sq Ft Lot

Last Sold July 24, 2013

Last sale price $560,000 $145 Per Sq Ft

7 Days on Market

Highlights

  • No HOA
  • Hillside Middle School Rated A-
  • Paved or Partially Paved Lot

About This Home

As of July 2013

Short Sale Listing. 4 unit income property in central Simi Valley neighborhood. All units rented. Units have been well maintained. Separate laundry income. Large nint with fireplace. Property close to the park. No rent control. (1)3+2.5, (2)2+2, (1)1+1. Please do not disturb tenants.

Last Agent to Sell the Property

William Park

Coldwell Banker Quality Properties License #00967075 Listed on: 02/15/2013

Coldwell Banker Quality Properties

Last Buyer's Agent

William Park

Coldwell Banker Quality Properties License #00967075 Listed on: 02/15/2013

Coldwell Banker Quality Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 10,454 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Home Design

  • 3,871 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 2118
  • Assessor Parcel Number 6380283045

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $1,800
  • Trash Expense $1,500
  • Water Sewer Expense $2,700
  • New Taxes Expense $8,100
  • Gross Income $5,030
  • Net Operating Income $44,820

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Erringer Meadows (410)
  • Water Sewer Expenses: 2700.00
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 6380283045
  • Year Built: 1971
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 144.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sewer: Sewer Paid
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 10454.00
  • Lot Size Acres: 0.2400

Multi Family

  • Gross Income: 5030.00
  • Gross Scheduled Income: 60360.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 10454.0000 Square Feet
  • Net Operating Income: 44820.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 15540.00
  • Rent Control: No
  • Total Actual Rent: 5000.00

Tax Info

  • New Taxes Expense: 8100.00
  • Tax Lot: 27
  • Tax Tract Number: 2118
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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 List to Sale Price per Sq Ft
07/24/2013 07/24/13 Sold $560,000 -6.5% $145 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $599,000 -- $155 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,538 $686,471 $429,048 $257,423
2024 $9,538 $673,011 $420,635 $252,376
2023 $8,959 $659,815 $412,387 $247,428
2022 $8,861 $646,878 $404,301 $242,577
2021 $8,740 $634,195 $396,374 $237,821
2020 $8,519 $627,694 $392,310 $235,384
2019 $8,099 $615,387 $384,618 $230,769
2018 $7,995 $603,322 $377,077 $226,245
2017 $7,790 $591,493 $369,684 $221,809
2016 $7,427 $579,896 $362,436 $217,460
2015 $7,241 $571,188 $356,993 $214,195
2014 $7,172 $560,000 $350,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13026733

California Regional Multiple Listing Service (CRMLS)

APN: 638-0-283-045

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