NOT LISTED FOR SALE
-- Bed
-- Bath
5,027 Sq Ft
5,900 Sq Ft Lot

Last Sold May 29, 2012

Last sale price $1,080,000 $215 Per Sq Ft

54 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Siding
  • No Heating
  • Ocean View High Rated A-

About This Home

As of May 2012

ALL UNITS TWO BEDROOMS AND ONE BATHROOM, CLEAN UNITS ALWAYS FULL, ALL UNITS HAVE ONE GARAGE, GROUND FLOOR UNITS HAVE YARDS - ON SITE LAUNDRY, ALL UNITS RECENTLY REHABED, GREAT LOCATION CLOSE TO SCHOOLS AND SHOPPING, OWNED BY CONTRACTOR WELL MAINTAINED.

Last Agent to Sell the Property

Mike Quinn

Real Estate Services License #00864093 Listed on: 03/22/2012

Co-Listed By

Tim Quinn

Real Estate Services License #01003940

Last Buyer's Agent

An Thi Nguyen

Ana Real Estate License #00847066

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,900

Parking

  • 6 Car Garage
  • 6 Carport Spaces

Home Design

  • 5,027 Sq Ft Home
  • Contemporary Architecture
  • Wood Siding
  • Stucco

Additional Features

  • 5,900 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 360
  • Assessor Parcel Number 16732114

Community Details

Overview

  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $699
  • Insurance Expense $2,118
  • Maintenance Expense $7,356
  • Other Expense $1,380
  • Trash Expense $2,835
  • Water Sewer Expense $2,530
  • New Taxes Expense $13,000
  • Gross Income $7,325
  • Net Operating Income $58,958

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • Assessments: No
  • CapRate: 5.24
  • Price Per Unit: 187500
  • View: No
  • Water Sewer Expenses: 2530.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 16732114
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 214.84

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 6.00
  • Garage Spaces: 6.00
  • Parking: No
  • Total Parking Spaces: 12.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 2835.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5900.00
  • Lot Size Acres: 0.1350

Multi Family

  • Electric Expense: 699.00
  • Gross Income: 7325.00
  • Gross Multiplier: 12.58
  • Gross Scheduled Income: 89400.00
  • Insurance Expense: 2118.00
  • Lot Size Area: 5900.0000 Square Feet
  • Maintenance Expense: 7356.00
  • Net Operating Income: 58958.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 30442.00
  • Other Expense: 1380.00

Tax Info

  • New Taxes Expense: 13000.00
  • Tax Lot: 30
  • Tax Tract Number: 360

Range of Values:

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Average Value
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List Price
Sold Price
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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
05/29/2012 05/29/12 Sold $1,080,000 -4.0% $215 / Sq Ft
05/15/2012 05/15/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $1,125,000 -- $224 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P816281

California Regional Multiple Listing Service (CRMLS)