NOT LISTED FOR SALE
24 Beds
12 Baths
10,400 Sq Ft
1.28 Acre Lot

Sale Details

Date Sold: January 22, 2019

Last sale price $1,195,000 $115 Per Sq Ft

22 Days on Market

About This Home

As of January 2019

Fantastic opportunity to purchase a turnkey 12-unit investment property! 12 Single-Story 2 Bed / 1 Bath Units, fully occupied & stabilized on a huge 1.28 acre lot. Approximately $9125 in monthly gross income! Units have been updated. Income-producing laundry room on site. Abundant carport parking for all tenants. Brand new $72,000 Sewer system installed in 2017, connected to city. Each unit separately metered for gas. No rent control & upside opportunity in rents.

Last Agent to Sell the Property

Oliver Moussa

Revilo Realty, Inc. License #01721353 Listed on: 10/10/2018

Last Buyer's Agent

Eloise Gilbert

Eloise J. Gilbert, Broker License #00762422

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 1.28 Acre Lot

Interior Spaces

  • 10,400 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 12 Bathrooms

Parking

  • 24 Parking Spaces
  • Carport

Community Details

  • 3 Buildings
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 0415-171-23-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

1.28 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 10400
  • Stories: 1
  • Year Built: 1979
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 24
  • Total Bathrooms: 12.00
  • Price Per S Q F T: 114.90

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 24

Lot Info

  • Assessed Improvement Value: 660000
  • Assessed Land Value: 90000
  • Assessor Parcel Number: 0415-171-23-0000
  • Geocode Override: No
  • Lot Size Area: 55756

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 10.91
  • Number Of Units: 12
  • Type Of Units: Attached

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2018
Closed on
Jan 18, 2019
Sold by
Aguilera Oscar and Aguilera Evagelina
Bought by
Seller's Agent
Oliver Moussa
Revilo Realty, Inc.
Buyer's Agent
Eloise Gilbert
Eloise J. Gilbert, Broker
List Price
$1,195,000
Sold Price
$1,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$388,419
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2015
Sold by
Aguilera Oscar
Bought by
Aguilera Oscar and Aguilera Evangelina

Purchase Details

Closed on
Oct 14, 2008
Sold by
Aguilera Oscar
Bought by
Aguilera Oscar and Aguilera Evangelina

Purchase Details

Closed on
Aug 3, 2004
Sold by
Alvarez Alfred J
Bought by
Aguilera Oscar and Aguilera Evangelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2002
Sold by
Alvarez Alfred J
Bought by
Alvarez Alfred J and Alvarez Maria S

Purchase Details

Closed on
Aug 3, 1998
Sold by
Alvarez Alfred J
Bought by
Alvarez Alfred J and Alvarez Maria S

Purchase Details

Closed on
Jul 15, 1998
Sold by
Alvarez Concepcion
Bought by
Alvarez Alfred J

Purchase Details

Closed on
Apr 11, 1994
Sold by
Alvarez Alfred J and Alvarez Alfredo
Bought by
Alvarez Alfred J and Alvarez Concepcion
Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$1,195,000 Chicago Title Company
Aguilera Oscar -- None Available
Aguilera Oscar -- Accommodation
Aguilera Oscar $750,000 Chicago Title Company
Alvarez Alfred J -- --
Alvarez Alfred J -- --
Alvarez Alfred J -- Chicago Title
Alvarez Alfred J -- --
Alvarez Alfred J -- First American Title Ins Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $450,000
Previous Owner Aguilera Oscar $570,000
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
01/22/2019 01/22/19 Sold $1,195,000 0.0% $115 / Sq Ft
10/10/2018 10/10/18 For Sale $1,195,000 -- $115 / Sq Ft
Source: The MLS

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
2026 $14,909 $1,359,706 $91,027 $1,268,679
2025 $14,909 $1,333,045 $89,242 $1,243,803
2024 $14,574 $1,306,907 $87,492 $1,219,415
2023 $14,419 $1,281,281 $85,776 $1,195,505
2022 $14,090 $1,256,158 $84,094 $1,172,064
2021 $13,838 $1,231,527 $82,445 $1,149,082
2020 $13,677 $1,218,900 $81,600 $1,137,300
2019 $9,595 $838,457 $101,048 $737,409
2018 $9,417 $822,017 $99,067 $722,950
2017 $8,647 $750,000 $90,000 $660,000
2016 $8,052 $675,000 $60,000 $615,000
2015 $7,473 $643,500 $64,900 $578,600
2014 -- $585,000 $121,900 $463,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-395676

The MLS
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