NOT LISTED FOR SALE
9 Beds
4 Baths
4,942 Sq Ft
7,706 Sq Ft Lot

Last Sold January 22, 2013

Last sale price $750,000 $152 Per Sq Ft

18 Days on Market

Highlights

  • Cul-De-Sac
  • Central Heating
  • Wood Siding
  • Tile Flooring

About This Home

As of January 2013

Highly desirable larger Covington Style 4 plex. Well maintained by owner. Built in 1976. Front unit has fireplace as well as units #3 & #4. Central heat in each unit. Check out the photos for the quality of the units. Great walkabilty to shopping centers. On site laundry.

Last Agent to Sell the Property

Larry Weichman

Weichman Real Estate License #00573423 Listed on: 11/15/2012

Last Buyer's Agent

Phu Thi Ngoc Le

Cali Home Realty License #00937889

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 7,706 Sq Ft Lot
  • Lot Dimensions are 70x109
  • Property fronts an alley
  • Cul-De-Sac

Parking

  • 4 Car Garage
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Asphalt Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,942 Sq Ft Home
  • Decorative Fireplace
  • Leased Washer and Dryer

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 8
  • Tax Tract Number 3095
  • Assessor Parcel Number 27205513

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $1,586
  • Fuel Expense $1,020
  • Insurance Expense $1,200
  • Professional Management Expense $2,419
  • New Taxes Expense $9,062
  • Gross Income $5,065
  • Net Operating Income $42,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 5.86
  • Improvements Percent: 46.00
  • Professional Management Expense: 2419.00
  • Road Frontage Type: Alley
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 27205513
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: No
  • Fireplace Features: Decorative
  • Levels: Two
  • Price Per Square Foot: 151.76

Exterior Features

  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Parking Features: Garage Faces Rear, Street
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Value Percent: 64.00
  • Lot Features: Cul-De-Sac
  • Lot Size: 70x109
  • Lot Size Sq Ft: 7706.00
  • Lot Size Acres: 0.1770

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Electric Expense: 1586.00
  • Fuel Expense: 1020.00
  • Gross Income: 5065.00
  • Gross Multiplier: 11.93
  • Gross Operating Income: 54339.00
  • Gross Scheduled Income: 60780.00
  • Insurance Expense: 1200.00
  • Laundry Equipment Own Lease: Lease
  • Net Operating Income: 42520.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 11819.00

Tax Info

  • New Taxes Expense: 9062.00
  • Tax Area: 01030
  • Tax Lot: 8
  • Tax Tract Number: 3095
  • Tax Year: 2012

Range of Values:

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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
01/22/2013 01/22/13 Sold $750,000 +3.4% $152 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
11/15/2012 11/15/12 For Sale $725,000 -- $147 / 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: P841113

California Regional Multiple Listing Service (CRMLS)

APN: 272-055-13