NOT LISTED FOR SALE
5 Beds
4 Baths
6,650 Sq Ft
0.39 Acres

Last Sold September 30, 2012

Last sale price $1,850,000 $278 Per Sq Ft

13 Days on Market

Highlights

  • 0.39 Acre Lot
  • Wood Siding
  • No Heating
  • Heinz Kaiser Elementary School Rated A

About This Home

As of September 2012

Cecil Place is a two-story, garden-style apartment community built in 1976, which encompasses a total of six condo quality units situated on 16,952 square feet of land. The building consists of (4) 2 Bedroom / 2 Bathroom units measuring approximately 1,000 square feet, and (2) 3 Bedroom / 2.5 Bathroom Townhome Units measuring approximately 1,325 Square feet each. Property amenities include: copper plumbing, pitched roofs, washer dryer hookups, individual water heaters, large yards, dishwashers, carports and a a low-density pride of ownership environment

Last Agent to Sell the Property

Patrick Swanson

Pat Swanson License #01382974 Listed on: 07/26/2012

Last Buyer's Agent

Darrell Pash

Metro Estates License #00645838

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 121x140

Home Design

  • 6,650 Sq Ft Home
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 12 Parking Spaces
  • 8 Carport Spaces

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 18
  • Tax Tract Number 269
  • Assessor Parcel Number 42606208

Community Details

Overview

  • 6 Units

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $900
  • Gardener Expense $1,800
  • Insurance Expense $2,328
  • Other Expense $4,500
  • Trash Expense $1,286
  • Water Sewer Expense $2,100
  • New Taxes Expense $19,226
  • Gross Income $10,200
  • Net Operating Income $83,609

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.52
  • View: No
  • Water Sewer Expenses: 2100.00
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 42606208
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 278.20

Exterior Features

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

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: No
  • Parking Features: Carport
  • Total Parking Spaces: 12.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 1286.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 121x140
  • Lot Size Sq Ft: 16952.00
  • Lot Size Acres: 0.3890

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 1000
  • Average3 Bed Area: 1325
  • Electric Expense: 900.00
  • Gross Income: 10200.00
  • Gross Multiplier: 15.11
  • Gross Scheduled Income: 122400.00
  • Insurance Expense: 2328.00
  • Lot Size Area: 16952.0000 Square Feet
  • Net Operating Income: 83609.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Patio: 4
  • Operating Expense: 35119.00
  • Other Expense: 4500.00
  • Other Expense Description: Repairs
  • Total Actual Rent: 10200.00

Tax Info

  • New Taxes Expense: 19226.00
  • Tax Area: 15044
  • Tax Lot: 18
  • Tax Tract Number: 269

Range of Values:

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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 Change Sq Ft Price
09/30/2012 09/30/12 Sold $1,850,000 0.0% $278 / Sq Ft
08/08/2012 08/08/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $1,850,000 -- $278 / 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: S706471

California Regional Multiple Listing Service (CRMLS)