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

Sale Details

Date Sold: October 8, 2021

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

9 Days on Market

Highlights

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

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

General NONMEMBER

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 in unit

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

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
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

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 $25,002 $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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