NOT LISTED FOR SALE
11 Beds
8 Baths
6,122 Sq Ft
0.44 Acres

Last Sold November 02, 2017

Last sale price $498,000 $81 Per Sq Ft

8 Days on Market

About This Home

As of November 2017

*** SUPER RARE!!!*** 7 UNITS WELL MAINTAINED AND PROFESSIONALLY MANAGED GEM! 3 STAND ALONE BUILDINGS 2 DUPLEX.

Last Agent to Sell the Property

Leonard Hsu

Imax Realty & Mortgage Inc. License #01872881 Listed on: 07/20/2017

Last Buyer's Agent

Armando Diaz

Soldavi Inc. License #01496803

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1937

Lot Details

  • 0.44 Acre Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • 6,122 Sq Ft Home

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection, water
  • Assessor Parcel Number 031084012000

Community Details

Overview

  • 5 Buildings
  • 7 Units

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $2,570
  • Pest Control $135
  • Professional Management Expense $4,036
  • Trash Expense $2,500
  • Water Sewer Expense $5,500
  • New Taxes Expense $6,250
  • Operating Expense $22,191
  • Net Operating Income $37,460

Property Details

Home Type

Apartment

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Professional Management Expense: 4036.00
  • Property Attached: No
  • Road Surface Type: Maintained
  • Water Sewer Expenses: 5500.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 031084012000
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 81.35

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Pest Control Expense: 135.00
  • Sewer: Public Sewer
  • Trash Expense: 2500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 19201.00

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Average1 Bed Area: 450 Square Feet
  • Average2 Bed Area: 1200 Square Feet
  • Gross Multiplier: 9.90
  • Gross Scheduled Income: 50460.00
  • Insurance Expense: 2570.00
  • Net Operating Income: 37460.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 7
  • Operating Expense: 13000.00
  • Rent Control: No
  • Total Actual Rent: 4205.00
  • Total Expenses: 22191.00

Tax Info

  • New Taxes Expense: 6250.00
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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
11/02/2017 11/02/17 Sold $498,000 -0.4% $81 / Sq Ft
07/20/2017 07/20/17 For Sale $499,990 -- $82 / 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 $5,955 $566,863 $108,091 $458,772
2024 $5,955 $555,773 $105,972 $449,801
2023 $5,873 $544,973 $103,895 $441,078
2022 $5,797 $534,264 $101,858 $432,406
2021 $5,783 $523,865 $99,861 $424,004
2020 $5,830 $518,589 $98,838 $419,751
2019 $5,746 $508,686 $96,900 $411,786
2018 $5,242 $498,660 $95,000 $403,660
2017 $4,394 $394,635 $84,602 $310,033
2016 $4,327 $387,043 $82,944 $304,099
2015 $4,262 $381,595 $81,699 $299,896
2014 $4,169 $374,034 $80,099 $293,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17166391

California Regional Multiple Listing Service (CRMLS)

APN: 031-084-012