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

Sale Details

Date Sold: December 18, 2020

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

9 Days on Market

Highlights

  • City Lights View
  • Traditional Architecture
  • Tile Flooring
  • Wilson High School Rated A
  • No HOA
  • 4-minute walk to Rotary Centennial Park

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
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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
  • Leased Washer and Dryer

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
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

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
2026 $33,633 $2,539,383 $1,545,712 $993,671
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20227707

California Regional Multiple Listing Service (CRMLS)
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