NOT LISTED FOR SALE
9 Beds
7 Baths
5,315 Sq Ft
10,400 Sq Ft Lot

Last Sold October 19, 2015

Last sale price $749,900 $141 Per Sq Ft

21 Days on Market

About This Home

As of October 2015

7 unit income property ready to go! Building features 2-2 bedroom units and 5-1 bedroom units each with one bath. Lower units have a patio and upper units have a balcony. Separate 2 car and one car garages for the units, plenty of storage. Great access to the 60 and 91 freeways and close to schools and shopping. Leased laundry units for additional income opportunity.

Last Agent to Sell the Property

GREGORY CORNWELL

Realty Network License #01355291 Listed on: 08/04/2015

Realty Network

Last Buyer's Agent

Lluvia Martinez

Executives Group Real Estate Inc. License #01719643

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 10,400 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls

Parking

  • 7 Car Garage

Home Design

  • 5,315 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 10
  • Tax Tract Number 305
  • Assessor Parcel Number 211053019

Community Details

Building Details

  • 7 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • Gardener Expense $1,200
  • Insurance Expense $3,005
  • Maintenance Expense $1,200
  • Other Expense $625
  • Pest Control $420
  • Trash Expense $1,260
  • Water Sewer Expense $2,400
  • Gross Income $5,700
  • Net Operating Income $58,290

Additional Features

  • 7 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Parking

7

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 211053019
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 141.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Community
  • Pest Control Expense: 420.00
  • Trash Expense: 1260.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains, Suburban

Lot Info

  • Lot Size Sq Ft: 10400.00
  • Price Per Lot Square Foot: 72.11
  • Lot Size Acres: 0.2390

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 5700.00
  • Gross Scheduled Income: 68400.00
  • Insurance Expense: 3005.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 10400.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 58290.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Number With Disposal: 7
  • Number With Patio: 7
  • Number With Range: 7
  • Operating Expense: 10110.00
  • Other Expense: 625.00
  • Other Expense Description: Wash/Dry
  • Rent Control: No
  • Total Actual Rent: 5600.00

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 305
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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
10/19/2015 10/19/15 Sold $749,900 0.0% $141 / Sq Ft
08/25/2015 08/25/15 Pending -- -- --
08/04/2015 08/04/15 For Sale $749,900 -- $141 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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
2025 $9,798 $887,721 $153,769 $733,952
2023 $9,798 $853,251 $147,799 $705,452
2022 $9,580 $836,521 $144,901 $691,620
2021 $9,437 $820,119 $142,060 $678,059
2020 $9,367 $811,711 $140,604 $671,107
2019 $9,193 $795,797 $137,848 $657,949
2018 $9,018 $781,945 $135,147 $646,798
2017 $8,859 $766,648 $132,498 $634,150
2016 $8,299 $751,650 $129,900 $621,750
2015 $5,625 $501,166 $123,509 $377,657
2014 $5,573 $491,386 $121,091 $370,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15171403

California Regional Multiple Listing Service (CRMLS)

APN: 211-053-019