$7,100,000

Estimated payment $44,780/month

-- Bed
-- Bath
9,480 Sq Ft
$749 Price per Sq Ft

Highlights

  • No HOA
  • Park
  • 3-minute walk to Leucadia Oaks Park
  • Paul Ecke-Central Elementary Rated A
  • No Heating

About This Home

Wonderful opportunity to own a performing asset and add value through condo conversion. Current Owners have owned the property since they built it.

Listing Agent

Will Creagan

Southwest Equity Partners Brokerage Email: willc@southwestep.com License #00949450 Listed on: 06/03/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 16,200 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre
  • 2541114700 2541114800

Parking

  • 12 Open Parking Spaces
  • 1,080 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 9,480 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Laundry

  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Utilities

  • No Heating

Listing and Financial Details

  • Legal Lot and Block 254 / 111
  • Tax Tract Number 45
  • Assessor Parcel Number 2541114500

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Recreation

  • Park

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Water Meters
  • Gardener Expense $4,800
  • Insurance Expense $10,000
  • Maintenance Expense $9,000
  • New Taxes Expense $77,607
  • Operating Expense $105,667
  • Gross Income $276,480
  • Net Operating Income $170,813

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0.37 Acres

Parking

1080

Listing Details

  • Assessments: No
  • CapRate: 2.41
  • Property Attached: Yes
  • View: No
  • Zoning: R-8
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 4800.00
  • Parcel Number: 2541114500
  • Year Built: 1976
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Entry Level: 1
  • Price Per Square Foot: 748.95

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1080.00
  • Parking: No
  • Total Parking Spaces: 1092.00
  • Uncovered Spaces: 12.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Cooktop, Dishwasher
  • Laundry Features: In Garage, Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 2541114700 2541114800
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 16200.00
  • Lot Size Acres: 0.3719

Rental Info

  • Tenant Pays: Telephone

Multi Family

  • Average3 Bed Area: 1400 Square Feet
  • Gross Multiplier: 24.65
  • Gross Operating Income: 276480.00
  • Gross Scheduled Income: 288000.00
  • Gross Spendable Income: 170813.00
  • Insurance Expense: 10000.00
  • Lot Size Area: 16200.0000 Square Feet
  • Maintenance Expense: 9000.00
  • Maintenance Percent: 3.13
  • Net Operating Income: 170813.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Dishwasher: 6
  • Number With Drapes: 6
  • Number With Patio: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 105667.00
  • Rent Control: No
  • Total Actual Rent: 24000.00
  • Total Expenses: 105667.00
  • Vacancy Allowance Rate: 4.00

Tax Info

  • New Taxes Expense: 77607.00
  • Tax Block: 111
  • Tax Lot: 254
  • Tax Tract Number: 45

Map

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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
06/03/2026 06/03/26 For Sale $7,100,000 -- $749 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2605342

California Regional Multiple Listing Service (CRMLS)
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