NOT LISTED FOR SALE
1 Bed
2 Baths
12,504 Sq Ft
7,405 Sq Ft Lot

Last Sold November 30, 2012

Last sale price $1,630,000 $130 Per Sq Ft

14 Days on Market

Highlights

  • Modern Architecture
  • Laundry Room
  • Heating System Uses Natural Gas
  • No HOA
  • South Facing Home

About This Home

As of November 2012

Close to downtown.

26 units ..3 are one bedroom and the rest are singles.

They are in average condition and functional.

Last Agent to Sell the Property

Antonio Sanchez

OPENING DOORS REALTY License #00649283 Listed on: 11/02/2012

Last Buyer's Agent

Antonio Sanchez

OPENING DOORS REALTY License #00649283 Listed on: 11/02/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 7,415 Sq Ft Lot
  • Two or More Common Walls
  • South Facing Home
  • Density is 16-20 Units/Acre

Home Design

  • 12,504 Sq Ft Home
  • Modern Architecture
  • Property Attached
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Sewer Paid

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 14
  • Tax Tract Number 14
  • Assessor Parcel Number 5137019018

Community Details

Overview

  • No Home Owners Association
  • 26 Units

Building Details

  • 12 Leased Units
  • Rent Control
  • 26 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $7,800
  • Maintenance Expense $6,400
  • Professional Management Expense $5,400
  • Trash Expense $5,200
  • Water Sewer Expense $9,800
  • New Taxes Expense $19,000
  • Gross Income $17,071
  • Net Operating Income $136,855

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

7,415 Sq Ft Lot

Listing Details

  • Assessments: No
  • Professional Management Expense: 5400.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 9800.00
  • Architectural Style: Modern
  • Property Type: Residential Income
  • Parcel Number: 5137019018
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 130.36

Exterior Features

  • Direction Faces: South
  • Foundation: Concrete Perimeter
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Sewer: Sewer Paid
  • Trash Expense: 5200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 7415.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 17071.00
  • Gross Scheduled Income: 204855.00
  • Insurance Expense: 7800.00
  • Lot Size Area: 7415.0000 Square Feet
  • Maintenance Expense: 6400.00
  • Net Operating Income: 136855.00
  • Number Of Separate Electric Meters: 26
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 12
  • Number Of Units Total: 26
  • Operating Expense: 68000.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 19000.00
  • Tax Lot: 14
  • Tax Tract Number: 14
  • Tax Year: 2011
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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
11/30/2012 11/30/12 Sold $1,630,000 +8.7% $130 / Sq Ft
11/16/2012 11/16/12 Pending -- -- --
11/02/2012 11/02/12 For Sale $1,500,000 -- $120 / 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 $46,794 $3,815,040 $2,289,024 $1,526,016
2024 $46,794 $3,740,237 $2,244,142 $1,496,095
2023 $45,907 $3,666,900 $2,200,140 $1,466,760
2022 $23,958 $1,891,449 $1,160,399 $731,050
2021 $23,609 $1,854,363 $1,137,647 $716,716
2019 $22,936 $1,802,542 $1,103,904 $698,638
2018 $22,876 $1,767,261 $1,082,259 $685,002
2016 $21,745 $1,695,582 $1,040,235 $655,347
2015 $21,445 $1,670,114 $1,024,610 $645,504
2014 $21,702 $1,637,400 $1,004,540 $632,860
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB12137404

California Regional Multiple Listing Service (CRMLS)
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