NOT LISTED FOR SALE
9 Beds
8 Baths
4,534 Sq Ft
8,276 Sq Ft

Last Sold October 08, 2021

Last sale price $2,097,950 $463 Per Sq Ft

9 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 5 Car Garage
  • California Elementary School Rated A
  • Laundry Room
  • 2-minute walk to Smallwood Park

About This Home

As of October 2021

Well maintained 4-Plex on a prime oversized corner lot located in the highly sought after "Spice Streets" neighborhood of Mesa Verde. One 3 Bedroom 2 Bath unit and three 2 Bedroom 2 Bath units. Many improvements include a newer roof and exterior paint approximately 6 years ago. The largest Unit A has been recently upgraded including remodeled granite kitchen counters and appliances, recessed lights, remodeled bathrooms, paint and flooring. Unit D has a remodeled kitchen and remodeled bathrooms. A coin operated laundry is available for all the tenants. Take advantage of this rare opportunity NOW!

Last Agent to Sell the Property

Craig Ratowsky

Compass License #00608046 Listed on: 09/14/2021

Compass

Co-Listed By

Justin Ratowsky

Compass License #02026158

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 8,276 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 5 Car Garage
  • 1 Open Parking Space
  • Parking Available

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4,534 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 18
  • Tax Tract Number 5475
  • Assessor Parcel Number 13949201

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $840
  • Insurance Expense $5,740
  • Trash Expense $2,040
  • Water Sewer Expense $1,560
  • New Taxes Expense $24,000
  • Operating Expense $34,180
  • Gross Income $90,600
  • Net Operating Income $56,420

Property Details

Home Type

Multi-Family

Year Built

Built in 1965 | Remodeled

Lot Details

8,276 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: "Spice Streets"
  • Water Sewer Expenses: 1560.00
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 13949201
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 462.72

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 2040.00
  • 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: Corner Lot
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 90600.00
  • Gross Scheduled Income: 90600.00
  • Insurance Expense: 5740.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 56420.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 34180.00
  • Rent Control: No
  • Total Expenses: 34180.00

Tax Info

  • New Taxes Expense: 24000.00
  • Tax Census Tract: 638.06
  • Tax Lot: 18
  • Tax Tract Number: 5475
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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
10/08/2021 10/08/21 Sold $2,097,950 +4.9% $463 / Sq Ft
09/14/2021 09/14/21 For Sale $2,000,000 -- $441 / 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 $24,572 $2,226,361 $2,067,180 $159,181
2024 $24,572 $2,182,707 $2,026,647 $156,060
2023 $23,961 $2,139,909 $1,986,909 $153,000
2022 $23,428 $2,097,950 $1,947,950 $150,000
2021 $2,718 $143,347 $41,254 $102,093
2020 $2,693 $141,878 $40,831 $101,047
2019 $2,661 $139,097 $40,031 $99,066
2018 $2,620 $136,370 $39,246 $97,124
2017 $2,582 $133,697 $38,477 $95,220
2016 $2,535 $131,076 $37,723 $93,353
2015 $2,502 $129,108 $37,157 $91,951
2014 $2,447 $126,579 $36,429 $90,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21200059

California Regional Multiple Listing Service (CRMLS)

APN: 139-492-01

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