NOT LISTED FOR SALE
8 Beds
4 Baths
3,200 Sq Ft
6,639 Sq Ft Lot

Last Sold October 07, 2020

Last sale price $1,630,000 $509 Per Sq Ft

50 Days on Market

About This Home

As of October 2020

Amazing Opportunity to own investment property in a prime location! 4 Units all with 2 bedrooms, 1 bath. This 4-plex is located in a quiet Cambrian neighborhood. Great investment property with great cap rate with excellent rents with room to increase. Great Schools! Drive by only, Do not Disturb Tenants Make Offer Subject to Inspection.

Last Agent to Sell the Property

Bill Lister

Coldwell Banker Realty License #01179611 Listed on: 07/15/2020

Coldwell Banker Realty

Last Buyer's Agent

Xiaozhu Kang

Compass License #01999507

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 6,639

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Parking

  • 4 Carport Spaces
  • Assigned Parking

Additional Features

  • 6,639 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $106,080

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,800
  • Maintenance Expense $4,000
  • Other Expense $1,300
  • Utility Expense $4,550
  • Trash Expense $2,230
  • Operating Expense $38,945
  • Gross Income $107,593

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: SJ
  • Subclass: Fourplex
  • Age: 57
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 3200
  • Stories: 2
  • Flooring: Carpet, Laminate

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Assigned Spaces
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Campbell Union High
  • Elementary School: Noddin Elementary
  • Middle School: Union Middle
  • High School: Leigh High
  • High School: 240
  • Elementary School: 225
  • Middle School: 229

Lot Info

  • Lot Acres: 0.1524
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6637.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6637.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.63
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1800
  • Expense Landscape: 1200
  • Expense Maintenance: 4000
  • Expenses Other: 1300
  • Expenses Total: 38945
  • Expenses Utility: 4550
  • Expense Trash: 2230
  • Income Annual Gross: 107593.00
  • Income Annual Rental: 106080
  • Income Gross Scheduled: 108680
  • Income Includes: Coin Operated Equip
  • Income Other: 2600
  • Meters: Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

Range of Values:

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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 Change Sq Ft Price
10/07/2020 10/07/20 Sold $1,630,000 -4.1% $509 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/30/2020 08/30/20 For Sale $1,699,000 0.0% $531 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $1,699,000 +4.2% $531 / Sq Ft
08/08/2020 08/08/20 Off Market $1,630,000 -- --
07/15/2020 07/15/20 For Sale $1,750,000 -- $547 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81801284

MLSListings

APN: 567-06-033