NOT LISTED FOR SALE
1 Bed
1 Bath
4,797 Sq Ft
9,600 Sq Ft Lot

Last Sold August 14, 2015

Last sale price $1,292,500 $269 Per Sq Ft

24 Days on Market

About This Home

As of August 2015

Completely Rehabbed and Renovated
All New Kitchens, Cabinets, Granite, Bathrooms,
Landscaping, Paint, Roofs, etc.
Copper Plumbing and Brand New Gas Lines.
5% CAP Rate on Actual Income & Expenses with
Upside in Rents
Garages
Turnkey Pride of Ownership Property

Last Agent to Sell the Property

Rick Applebaum

Morgan Skenderian License #01273871 Listed on: 06/12/2015

Last Buyer's Agent

Mary Gallegos

Realty One Group West License #01422038

Realty One Group West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 9,600 Sq Ft Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot

Parking

  • 8 Car Garage

Home Design

  • 4,797 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 2222
  • Assessor Parcel Number 12855113

Community Details

Overview

  • 8 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,109
  • Maintenance Expense $5,615
  • Other Expense $400
  • Trash Expense $1,808
  • Water Sewer Expense $1,809
  • New Taxes Expense $16,053
  • Gross Income $8,040
  • Net Operating Income $65,592

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

8

Listing Details

  • CapRate: 5.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1809.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 12855113
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 269.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1808.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 9600.00
  • Price Per Lot Square Foot: 134.64
  • Lot Size Acres: 0.2200

Multi Family

  • Gross Income: 8040.00
  • Gross Multiplier: 13.73
  • Gross Scheduled Income: 96480.00
  • Insurance Expense: 1109.00
  • Lot Size Area: 9600.0000 Square Feet
  • Maintenance Expense: 5615.00
  • Maintenance Percent: 6.00
  • Net Operating Income: 65592.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 27994.00
  • Operating Expense Percent: 29.00
  • Other Expense: 400.00
  • Other Expense Description: Admin
  • Rent Control: No
  • Vacancy Allowance: 2894
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 16053.00
  • Tax Lot: 34
  • Tax Tract Number: 2222

Range of Values:

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Sold Price
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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
08/14/2015 08/14/15 Sold $1,292,500 -2.5% $269 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $1,325,000 -- $276 / 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: PW15127256

California Regional Multiple Listing Service (CRMLS)