NOT LISTED FOR SALE
5 Beds
3 Baths
6,420 Sq Ft
7,467 Sq Ft Lot

Last Sold February 11, 2015

Last sale price $1,130,000 $176 Per Sq Ft

15 Days on Market

Highlights

  • Laundry Room
  • Wall Furnace
  • Front Yard
  • Carpet

About This Home

As of February 2015

Very spacious 10 units building, 4 two bedrooms units, 6 one bedroom units. No Rent Control. Separately metered for both gas and electric. Income are actual, expenses are estimated.

Last Agent to Sell the Property

Carolina Arguello

Realty One Group West License #01302418 Listed on: 10/22/2014

Last Buyer's Agent

Jack Levis

CBRE Inc. License #01886278

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,467 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 6 Car Garage

Home Design

  • 6,420 Sq Ft Home

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 8 / 6
  • Tax Tract Number 5754
  • Assessor Parcel Number 7269038015

Community Details

Building Details

  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $720
  • Insurance Expense $3,000
  • Maintenance Expense $420
  • Professional Management Expense $2,400
  • Trash Expense $600
  • Water Sewer Expense $4,800
  • New Taxes Expense $10,297
  • Gross Income $8,575
  • Net Operating Income $80,663

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

6

Listing Details

  • Professional Management Expense: 2400.00
  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: Sunset Bay Tower (SBT)
  • Water Sewer Expenses: 4800.00
  • Property Type: Residential Income
  • Parcel Number: 7269038015
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Price Per Square Foot: 176.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Individual Room
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 7467.00
  • Lot Size Acres: 0.1710

Multi Family

  • Electric Expense: 720.00
  • Gross Income: 8575.00
  • Gross Scheduled Income: 102900.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 7467.0000 Square Feet
  • Maintenance Expense: 420.00
  • Net Operating Income: 80663.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 22237.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10297.00
  • Tax Block: 6
  • Tax Lot: 8
  • Tax Tract Number: 5754
  • Tax Year: 2013
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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
02/11/2015 02/11/15 Sold $1,130,000 +2.7% $176 / Sq Ft
11/06/2014 11/06/14 Pending -- -- --
10/22/2014 10/22/14 For Sale $1,100,000 -- $171 / 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 $18,416 $1,358,082 $480,737 $877,345
2024 $18,416 $1,331,454 $471,311 $860,143
2023 $18,091 $1,305,348 $462,070 $843,278
2022 $17,005 $1,279,754 $453,010 $826,744
2021 $16,629 $1,254,662 $444,128 $810,534
2019 $16,391 $1,217,450 $430,956 $786,494
2018 $15,911 $1,193,579 $422,506 $771,073
2016 $14,634 $1,147,232 $406,100 $741,132
2015 $10,638 $825,474 $244,626 $580,848
2014 $10,610 $809,305 $239,835 $569,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14226933

California Regional Multiple Listing Service (CRMLS)
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