NOT LISTED FOR SALE
6 Beds
7 Baths
4,485 Sq Ft
0.29 Acres

Last Sold January 03, 2023

Last sale price $1,550,000 $346 Per Sq Ft

48 Days on Market

Highlights

  • No HOA
  • Mildred B. Janson Elementary School Rated A-
  • Laundry Room

About This Home

As of January 2023

Incredible investment opportunity! Great potential for owner-user, multi-generational living, and steady flow of income. Rents are low with upside potential. There are 3 structures with a total of 6 units on the lot. The combined square footage of the structures is 4,485 SF, and the lot size is 12,727 SF. This property is older and in need of TLC. It will be sold "as is," in its present condition. The description of the number of rooms and baths may not match the assessor's information. Buyer is advised to do their due diligence and independently verify all aspects of the property through personal inspection with appropriate professionals.

Last Agent to Sell the Property

LEE ANN TOKITA

Doubletree Realtors License #00993012 Listed on: 10/17/2022

Last Buyer's Agent

Celia Chu

COLDWELL BANKER TOWN & COUNTRY License #01205459

COLDWELL BANKER TOWN & COUNTRY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 0.29 Acre Lot
  • Two or More Common Walls

Parking

  • 5 Open Parking Spaces
  • 4 Car Garage

Home Design

  • 4,485 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Listing and Financial Details

  • Legal Lot and Block 174 / D
  • Assessor Parcel Number 5371002017
  • $2,217 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Building Details

  • 5 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,526
  • Gardener Expense $900
  • Insurance Expense $4,956
  • Pest Control $774
  • Professional Management Expense $5,000
  • Trash Expense $2,927
  • Water Sewer Expense $1,281
  • Operating Expense $17,867
  • Gross Income $99,300
  • Net Operating Income $81,433

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 291667
  • Professional Management Expense: 5000.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 1281.00
  • Zoning: SLC1-R3-R1*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 5371002017
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One, Two
  • Price Per Square Foot: 345.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Pest Control Expense: 774.00
  • Sewer: Public Sewer
  • Trash Expense: 2927.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12728.00
  • Lot Size Acres: 0.2922
  • Latitude Manual: 34.07682200

Multi Family

  • Electric Expense: 1526.00
  • Gross Income: 99300.00
  • Gross Scheduled Income: 99300.00
  • Insurance Expense: 4956.00
  • Lot Size Area: 12728.0000 Square Feet
  • Net Operating Income: 81433.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 6
  • Number Wall A C: 1
  • Operating Expense: 17867.00
  • Rent Control: No
  • Total Actual Rent: 7850.00
  • Total Expenses: 17867.00

Tax Info

  • Tax Block: D
  • Tax Census Tract: 4814.03
  • Tax Lot: 174
  • Tax Tract Number: Freer
  • TaxOtherAnnualAssessmentAmount: 2217.00

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 Change Sq Ft Price
01/03/2023 01/03/23 Sold $1,550,000 -11.4% $346 / Sq Ft
12/04/2022 12/04/22 Pending -- -- --
11/24/2022 11/24/22 For Sale $1,750,000 +12.9% $390 / Sq Ft
11/23/2022 11/23/22 Off Market $1,550,000 -- --
10/17/2022 10/17/22 For Sale $1,750,000 -- $390 / 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: WS22216149

California Regional Multiple Listing Service (CRMLS)