NOT LISTED FOR SALE
5 Beds
5 Baths
5,391 Sq Ft
10,019 Sq Ft Lot

Last Sold June 07, 2018

Last sale price $1,475,000 $274 Per Sq Ft

7 Days on Market

Highlights

  • Traditional Architecture
  • Double Pane Windows
  • Sliding Doors
  • No HOA
  • Laundry Room
  • Landscaped

About This Home

As of June 2018

There are 3 separate buildings: In front is a two level home with two one bedroom/one bath units (another small one bedroom owner used as an office not being counted as one of the bedrooms) and behind home is 6 apartment units which features one bedroom and one bath with new wall heaters. The third building (has own parcel number) is a 1 bedroom/1 bath bungalow (detached 1 car garage used as storage only). All units have newer dual pane windows, newer paint. Home in front & bungalow home have new wall heater/AC units. There is a community laundry room with coin operated machines. It provides you with a total of 9 parking spots. It is centrally located to the Museum, One Main Place shopping center and freeway. These units are very low turnover. This is a value added opportunity. Do Not disturb occupants.

Last Agent to Sell the Property

Susie Vargas

Coldwell Banker Realty License #01182417 Listed on: 04/03/2018

Last Buyer's Agent

Richard Murphy

Richard Murphy, Broker License #01306467

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 10,019 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Front Yard
  • 00315339

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 5,391 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Sliding Doors

Kitchen

  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot POR
  • Tax Tract Number 850
  • Assessor Parcel Number 00315338

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 9 Units

Building Details

  • 9 Leased Units
  • 9 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $807
  • Fuel Expense $790
  • Gardener Expense $722
  • Insurance Expense $1,558
  • Other Expense $987
  • Trash Expense $2,605
  • Water Sewer Expense $4,114
  • New Taxes Expense $987
  • Operating Expense $11,583
  • Gross Income $101,400
  • Net Operating Income $89,815

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 4114.00
  • Architectural Style: Traditional
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 722.00
  • Parcel Number: 00315338
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Interior Amenities: Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 273.60
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Composition

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 2605.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 00315339
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lot 6500-9999
  • Lot Size Sq Ft: 10019.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 807.00
  • Fuel Expense: 790.00
  • Gross Income: 101400.00
  • Gross Scheduled Income: 108600.00
  • Insurance Expense: 1558.00
  • Net Operating Income: 89815.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Number With Disposal: 9
  • Number With Range: 9
  • Operating Expense: 11583.00
  • Other Expense: 987.00
  • Other Expense Description: Prop Tax
  • Rent Control: No
  • Total Actual Rent: 9050.00
  • Total Expenses: 11583.00

Tax Info

  • New Taxes Expense: 987.00
  • Tax Census Tract: 750.04
  • Tax Lot: POR
  • Tax Tract Number: 850

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
06/07/2018 06/07/18 Sold $1,475,000 -1.7% $274 / Sq Ft
04/03/2018 04/03/18 For Sale $1,500,000 -- $278 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18072086

California Regional Multiple Listing Service (CRMLS)