NOT LISTED FOR SALE
3 Beds
3 Baths
8,325 Sq Ft
6,403 Sq Ft Lot

Last Sold December 18, 2020

Last sale price $2,300,000 $276 Per Sq Ft

9 Days on Market

Highlights

  • City Lights View
  • Traditional Architecture
  • Laundry Room
  • Woodrow Wilson High School Rated A
  • No HOA
  • Tile Flooring

About This Home

As of December 2020

This property consists of 1 one bedroom/one bath and 8 two bedroom/two bath units. The building was constructed in 1987. The building provides the tenants with 9 underground garages and an on-site laundry facility. This building is also separately metered for gas and electricity. Tenants enjoy the central locations, within 10 minutes of employment at the port, downtown entertainment, and parks & shops. The location is a strong rental market.

Last Agent to Sell the Property

Frank Ponce

Coldwell Banker Realty License #00861049 Listed on: 10/30/2020

Coldwell Banker Realty

Last Buyer's Agent

Frank Ponce

Coldwell Banker Realty License #00861049 Listed on: 10/30/2020

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 6,403 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 9 Car Garage

Home Design

  • Traditional Architecture
  • Property Attached
  • Stucco

Interior Spaces

  • 8,325 Sq Ft Home
  • 2-Story Property
  • City Lights Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 4
  • Assessor Parcel Number 7260012004

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Amenities

  • Laundry Facilities

Building Details

  • 9 Leased Units
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,179
  • Gardener Expense $1,200
  • Insurance Expense $2,000
  • Maintenance Expense $6,785
  • Trash Expense $323
  • Water Sewer Expense $8,637
  • New Taxes Expense $30,625
  • Operating Expense $22,124
  • Gross Income $169,637
  • Net Operating Income $108,406

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

6,403 Sq Ft Lot

Parking

9

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 8637.00
  • Zoning: LBR2N
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7260012004
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 276.28

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 9.00
  • Total Parking Spaces: 9.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 323.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6403.00
  • Lot Size Acres: 0.1470

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 3179.00
  • Gross Income: 169637.00
  • Gross Operating Income: 161155.00
  • Gross Scheduled Income: 169637.00
  • Insurance Expense: 2000.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 432.00
  • Lot Size Area: 6403.0000 Square Feet
  • Maintenance Expense: 6785.00
  • Net Operating Income: 108406.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Number With Carpet: 9
  • Number With Range: 9
  • Operating Expense: 52749.00
  • Rent Control: No
  • Total Actual Rent: 14100.00
  • Total Expenses: 22124.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 30625.00
  • Tax Census Tract: 5751.01
  • Tax Lot: 4
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Prior Sale
12/18/2020 12/18/20 Sold $2,300,000 -6.1% $276 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $2,450,000 +98.4% $294 / Sq Ft
03/15/2013 03/15/13 Sold $1,235,000 -2.8% $148 / Sq Ft View Prior Sale
01/31/2013 01/31/13 Pending -- -- --
11/11/2012 11/11/12 For Sale $1,271,000 -- $153 / 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 $33,633 $2,489,592 $1,515,404 $974,188
2024 $32,150 $2,440,778 $1,485,691 $955,087
2023 $31,606 $2,392,920 $1,456,560 $936,360
2022 $29,670 $2,346,000 $1,428,000 $918,000
2021 $29,057 $2,300,000 $1,400,000 $900,000
2020 $18,346 $1,390,584 $731,887 $658,697
2019 $18,132 $1,363,319 $717,537 $645,782
2018 $17,631 $1,336,588 $703,468 $633,120
2016 $16,192 $1,284,688 $676,152 $608,536
2015 $15,558 $1,265,392 $665,996 $599,396
2014 $15,479 $1,240,606 $652,951 $587,655
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20227707

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.