NOT LISTED FOR SALE
8 Beds
-- Bath
3,998 Sq Ft
6,098 Sq Ft Lot

Last Sold November 14, 2012

Last sale price $842,000 $211 Per Sq Ft

17 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • Carpet
  • Del Mar High School Rated A-
  • Level Lot

About This Home

As of November 2012

Fantastic investment opportunity in great location near freeways and shopping. Well maintained proerty includes a large 3bed/2bath unit, Two - 2bed/2bath units and a 1 bed/1bath unit. All units currently rented. Please do not disturb tenants.

Last Agent to Sell the Property

Steven Gordon

Compass License #01332117 Listed on: 09/10/2012

Compass

Last Buyer's Agent

Thomas G. Nixon

Intero Real Estate Services License #01431417

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • Level Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,998 Sq Ft Home
  • 2-Story Property
  • Carpet

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $59,400
  • The owner pays for garbage, water

Community Details

Building Details

  • Insurance Expense $2,250
  • Maintenance Expense $2,539
  • Utility Expense $2,539
  • Trash Expense $1,659
  • Operating Expense $17,925
  • Gross Income $59,650

Additional Features

  • 3,998 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 49
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 210.61
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3998
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3998
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - Leased Coin-Op, Community Facility
  • Flooring: Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Carport, Spaces Per Unit - 1

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6098.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6098.00
  • Lot Size Area Min Search: 6098.00
  • Maximum Lot Size: 6098.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.90

Multi Family

  • Expense Insurance: 2250
  • Expense Maintenance: 2539
  • Expenses Total: 17925
  • Expenses Utility: 2539
  • Expense Trash: 1659
  • Expense Water Sewer: 1500
  • Income Annual Gross: 59650.00
  • Income Annual Rental: 59400
  • Income Gross Scheduled: 59650
  • Income Includes: Lease
  • Income Laundry: 250
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Cable Tv, Utilities - Electric

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
11/14/2012 11/14/12 Sold $842,000 +1.6% $211 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
09/10/2012 09/10/12 For Sale $829,000 -- $207 / 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: ML81233448

MLSListings

APN: 284-25-046