NOT LISTED FOR SALE
-- Bed
-- Bath
2,817 Sq Ft
8,946 Sq Ft Lot

Last Sold November 09, 2012

Last sale price $525,000 $186 Per Sq Ft

6 Days on Market

Highlights

  • Wood Flooring
  • No Interior Steps
  • Wood Siding
  • Tile Countertops
  • Bungalow
  • Heating System Uses Natural Gas

About This Home

As of November 2012

Property is Price Ranged From $500,000 to $525,000 - Seller Entertaining All Offers Within Price Range * Excellent Investment or Owner Occupied Opportunity * Long Term Tenants Reflect Below Market Rents * Current Market Rents Should Be @ $1,250 - $1,350/Month * All Units Are 2 Bedroom + 1 Full Tile Bath With Generous Living Rooms + Dining Areas * Each Have Window A/C + Ceiling Fans + Small Yards/Patios + 1-Car Garage W/Rollup Doors + Extra Parking Space * Kitchens Updated Over The Years & Show Neat/Clean W/Newer Appliances & Tile Counters * Washer Area in Kitchen & Dryer Area on Patio * Newer Wall Furnaces * Replumbed With Copper Piping Throughout * Roof Replaced Appx 2 Years Ago * Separately Metered/Paid By Tenant: Water/Gas/Electric/Trash = Lowered Owner Expenses* Sprinklers in Common Area * Super Rental Location With Employment-Shopping-Restaurants-Transportation Nearby * 2 Units Are Appx. 900 SF Each, With the Back Unit Appx 1,000 SF * Please Do Not Disturb Tenants - Thank You *

Last Agent to Sell the Property

Mary Fry

BHHS CA Properties License #00557571 Listed on: 09/19/2012

BHHS CA Properties

Co-Listed By

Michael Fry

BHHS CA Properties License #01241834

Last Buyer's Agent

Mary Fry

BHHS CA Properties License #00557571 Listed on: 09/19/2012

BHHS CA Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 8,946

Parking

  • 3 Car Garage
  • Front Facing Garage

Home Design

  • 2,817 Sq Ft Home
  • Ranch Style House
  • Bungalow
  • Block Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Kitchen

  • Gas Oven or Range
  • Cooktop
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • Gas And Electric Dryer Hookup
  • No Interior Steps
  • Rain Gutters
  • 8,946 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 13
  • Tax Tract Number 3248
  • Assessor Parcel Number 27214202

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $3,655
  • Insurance Expense $1,351
  • Maintenance Expense $5,541
  • Water Sewer Expense $644
  • New Taxes Expense $6,562
  • Gross Income $2,400
  • Net Operating Income $34,280

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • CapRate: 6.53
  • Price Per Unit: 175000
  • View: No
  • Water Sewer Expenses: 644.00
  • Architectural Style: Bungalow, Ranch
  • Property Type: Residential Income
  • Gardener Expense: 3655.00
  • Parcel Number: 27214202
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Flooring: Carpet, Vinyl, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 186.37

Exterior Features

  • Foundation: Block, Slab
  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Parking Features: Concrete, Garage Faces Front
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Cooking, Disposal, Range, Cooktop
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Lot Size Sq Ft: 8946.00
  • Lot Size Acres: 0.2050

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Average2 Bed Area: 939
  • Gross Income: 2400.00
  • Gross Multiplier: 11.22
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 1351.00
  • Lot Size Area: 8946.0000 Square Feet
  • Maintenance Expense: 5541.00
  • Net Operating Income: 34280.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Carpet: 3
  • Number With Disposal: 3
  • Number With Patio: 3
  • Operating Expense: 12520.00
  • Total Actual Rent: 28800.00

Tax Info

  • New Taxes Expense: 6562.00
  • Tax Area: 01007
  • Tax Lot: 13
  • Tax Tract Number: 3248

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 List to Sale Price per Sq Ft
11/09/2012 11/09/12 Sold $525,000 0.0% $186 / Sq Ft
09/25/2012 09/25/12 Pending -- -- --
09/19/2012 09/19/12 For Sale $525,000 -- $186 / 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: P835591

California Regional Multiple Listing Service (CRMLS)

APN: 272-142-02