NOT LISTED FOR SALE
8 Beds
6 Baths
5,428 Sq Ft
14,810 Sq Ft

Last Sold July 25, 2014

Last sale price $12,000,000 $2,211 Per Sq Ft

17 Days on Market

Highlights

  • Creek or Stream View
  • Golden Hill Elementary School Rated A-
  • Property is near a preserve or public land

About This Home

As of July 2014

Six unit apartment building in quiet location. Two 2 bedroom units and 4 one bedroom units.

Last Agent to Sell the Property

Michael Daniels

Rancho Coastal Properties License #01112089 Listed on: 05/24/2014

Last Buyer's Agent

Ed Diaz

Vanguard Property Group License #01022469

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.34 Acre Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • Property Attached
  • Permanent Foundation

Interior Spaces

  • 5,428 Sq Ft Home
  • Creek or Stream Views

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 3
  • Tax Tract Number 1760
  • Assessor Parcel Number 02833003

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Property is near a preserve or public land

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Electric Expense $2,400
  • Gardener Expense $2,400
  • Insurance Expense $3,600
  • Professional Management Expense $3,000
  • Trash Expense $1,140
  • Water Sewer Expense $4,800
  • New Taxes Expense $15,000
  • Gross Income $71,400
  • Net Operating Income $63,060

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0.34 Acres

Parking

6

Listing Details

  • Professional Management Expense: 3000.00
  • Property Attached: Yes
  • Subdivision Name Other: Sunny Ridge (SURG)
  • View: Yes
  • Water Sewer Expenses: 4800.00
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 02833003
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 2210.76

Exterior Features

  • Foundation: Permanent
  • View: Creek/Stream
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1140.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Preserve/Public Land

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 14810.00
  • Lot Size Acres: 0.3400

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average1 Bed Area: 678
  • Average2 Bed Area: 1023
  • Electric Expense: 2400.00
  • Gross Income: 71400.00
  • Gross Scheduled Income: 71400.00
  • Insurance Expense: 3600.00
  • Lot Size Area: 14810.0000 Square Feet
  • Net Operating Income: 63060.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 8340.00
  • Rent Control: No
  • Total Actual Rent: 71400.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Lot: 3
  • Tax Tract Number: 1760
  • Tax Year: 2013
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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
07/25/2014 07/25/14 Sold $12,000,000 +823.8% $2,211 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
05/24/2014 05/24/14 For Sale $1,299,000 -- $239 / 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 $19,473 $1,691,450 $1,039,602 $651,848
2024 $19,473 $1,626,779 $1,019,218 $607,561
2023 $16,040 $1,316,902 $999,233 $317,669
2022 $15,421 $1,291,081 $979,640 $311,441
2021 $15,157 $1,265,766 $960,431 $305,335
2020 $15,071 $1,252,788 $950,583 $302,205
2019 $14,696 $1,228,224 $931,944 $296,280
2018 $14,477 $1,204,142 $913,671 $290,471
2017 $14,239 $1,180,532 $895,756 $284,776
2016 $13,949 $1,157,385 $878,192 $279,193
2015 $13,568 $1,140,000 $865,000 $275,000
2014 $2,730 $129,462 $48,036 $81,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW14108207

California Regional Multiple Listing Service (CRMLS)

APN: 028-330-03

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