NOT LISTED FOR SALE
27 Beds
9 Baths
6,049 Sq Ft
0.39 Acre Lot

Sale Details

Date Sold: February 26, 2014

Last sale price $1,300,000 $215 Per Sq Ft

203 Days on Market

Highlights

  • 0.39 Acre Lot
  • Woodrow Wilson High School Rated A
  • Front Yard

About This Home

As of February 2014

10 Bungalow Style units (2) 4 bedrooms 1 bath, (6) 3 bedrooms 1 bath and (2) 2 bedrooms 1 bath . Three have enclosed patios. One has a large roof top sun deck. Gas and Electric are individually metered. Two separate lots five units each. Located in a strong rental area.

Last Agent to Sell the Property

Rich McHugh

Realty One Group West License #00907876 Listed on: 05/08/2013

Realty One Group West

Last Buyer's Agent

James Wang

WANGS INVESTMENT GROUP License #00851048

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 17,007 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 10 Parking Spaces

Home Design

  • 6,049 Sq Ft Home

Bedrooms and Bathrooms

  • 27 Bedrooms
  • 9 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 5 / 5
  • Assessor Parcel Number 7260014038

Community Details

Overview

  • 10 Buildings
  • 10 Units

Building Details

  • 10 Leased Units
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $169
  • Gardener Expense $240
  • Insurance Expense $3,143
  • Maintenance Expense $4,714
  • Pest Control $960
  • Professional Management Expense $6,400
  • Water Sewer Expense $7,738
  • New Taxes Expense $10,043
  • Gross Income $11,750
  • Net Operating Income $99,969

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0.39 Acres

Listing Details

  • CapRate: 6.89
  • Professional Management Expense: 6400.00
  • Property Attached: No
  • Water Sewer Expenses: 7738.00
  • Property Type: Residential Income
  • Gardener Expense: 240.00
  • Parcel Number: 7260014038
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 214.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Pest Control Expense: 960.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 17007.00
  • Lot Size Acres: 0.3900

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 169.00
  • Gross Income: 11750.00
  • Gross Multiplier: 10.28
  • Gross Scheduled Income: 141000.00
  • Insurance Expense: 3143.00
  • Lot Size Area: 17007.0000 Square Feet
  • Maintenance Expense: 4714.00
  • Net Operating Income: 99969.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 33981.00
  • Rent Control: No
  • Total Actual Rent: 11950.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 10043.00
  • Tax Area: 5500
  • Tax Block: 5
  • Tax Lot: 5
  • Tax Year: 2012
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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
02/26/2014 02/26/14 Sold $1,300,000 +92757.1% $215 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
10/10/2013 10/10/13 Rented $1,400 0.0% --
10/10/2013 10/10/13 Under Contract -- -- --
09/04/2013 09/04/13 For Rent $1,400 0.0% --
05/08/2013 05/08/13 For Sale $1,450,000 0.0% $240 / Sq Ft
11/12/2012 11/12/12 Rented $1,600 0.0% --
11/12/2012 11/12/12 Under Contract -- -- --
07/18/2012 07/18/12 For Rent $1,600 -- --
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 $24,576 $1,796,757 $1,081,661 $715,096
2024 $23,593 $1,761,527 $1,060,452 $701,075
2023 $23,203 $1,726,988 $1,039,659 $687,329
2022 $21,806 $1,693,126 $1,019,274 $673,852
2021 $21,348 $1,659,929 $999,289 $660,640
2020 $21,290 $1,642,909 $989,043 $653,866
2019 $21,046 $1,610,696 $969,650 $641,046
2018 $20,282 $1,579,115 $950,638 $628,477
2016 $18,620 $1,517,798 $913,725 $604,073
2015 $15,977 $1,325,974 $815,984 $509,990
2014 $10,193 $811,876 $400,139 $411,737
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13085165

California Regional Multiple Listing Service (CRMLS)
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