NOT LISTED FOR SALE
9 Beds
6 Baths
4,463 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: September 10, 2014

Last sale price $1,050,000 $235 Per Sq Ft

12 Days on Market

Highlights

  • Attached Guest House
  • Barn
  • Tennis Courts
  • Sunset Lane Elementary School Rated A-
  • Greenhouse
  • Sauna

About This Home

As of September 2014

Covington Style 4-plex in much sought after Fullerton Sunny Hills area. Excellent rental property in turn key condition. All units are rented. Located in wonderful neighborhood with very well-known schools. Upgraded Owners Unit - 1 Story 3br/2ba, approx 1425 with remodeled kitchen, fireplace, ceiling fans, 2 patios, new carpet, paint and blinds. 2 car private garage with a remote. Two- two bedroom/1 bath units and One -2 bedroom/2 bath unit. Each unit has been well cared for and upgraded. 4 additional garages spaces with a total of 6. Community Laundry on property. Currently on month-to-month lease. Great potential for extra income by putting your own machines in instead of leasing. DRIVE BY ONLY - DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Gail Winterswyk

T.N.G. Real Estate Consultants License #01294967 Listed on: 07/15/2014

Last Buyer's Agent

Gail Winterswyk

T.N.G. Real Estate Consultants License #01294967 Listed on: 07/15/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Chain Link Fence

Parking

  • 6 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,463 Sq Ft Home
  • Fireplace
  • Blinds
  • Sliding Doors
  • Sauna
  • Fire and Smoke Detector
  • Property Views

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry in unit
  • Leased Washer and Dryer

Outdoor Features

  • Tennis Courts
  • Sport Court
  • Greenhouse
  • Gazebo
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Awning

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Attached Guest House
  • Barn

Listing and Financial Details

  • Tenant pays for electricity, HVAC maintenance
  • Tax Lot 21
  • Tax Tract Number 5987
  • Assessor Parcel Number 28810204

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Gardener Expense $960
  • Insurance Expense $1,289
  • Trash Expense $408
  • Water Sewer Expense $2,740
  • New Taxes Expense $8,670
  • Gross Income $6,083
  • Net Operating Income $66,240

Property Details

Home Type

Multi-Family

Year Built

Built in 1967 | Remodeled

Lot Details

7,841 Sq Ft Lot

Parking

6

Listing Details

  • CapRate: 6.02
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 2740.00
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 28810204
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Appliances: No
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 235.27
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Other Structures: Barn(s), Guest House, Guest House Attached, Greenhouse, Gazebo, Outbuilding, Sauna Private, Storage, Sport Court Private, Shed(s), Workshop, Tennis Court Private
  • Exterior Features: Awning(s)
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Trash Expense: 408.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Electricity, HVAC Maintenance

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 6083.00
  • Gross Scheduled Income: 73000.00
  • Insurance Expense: 1289.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 66240.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 6760.00
  • Rent Control: No
  • Total Actual Rent: 6090.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 8670.00
  • Tax Lot: 21
  • Tax Tract Number: 5987
  • 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

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
09/10/2014 09/10/14 Sold $1,050,000 -4.5% $235 / Sq Ft
07/27/2014 07/27/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $1,100,000 -- $246 / 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 $14,270 $1,261,938 $1,072,622 $189,316
2024 $14,270 $1,237,195 $1,051,591 $185,604
2023 $13,924 $1,212,937 $1,030,972 $181,965
2022 $13,827 $1,189,154 $1,010,756 $178,398
2021 $13,589 $1,165,838 $990,938 $174,900
2020 $13,514 $1,153,884 $980,777 $173,107
2019 $13,168 $1,131,259 $961,546 $169,713
2018 $12,972 $1,109,078 $942,692 $166,386
2017 $12,757 $1,087,332 $924,208 $163,124
2016 $12,495 $1,066,012 $906,086 $159,926
2015 $12,150 $1,050,000 $892,476 $157,524
2014 $10,432 $900,000 $720,289 $179,711
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14149400

California Regional Multiple Listing Service (CRMLS)

APN: 288-102-04

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