NOT LISTED FOR SALE
12 Beds
9 Baths
3,360 Sq Ft
6,499 Sq Ft

Last Sold January 08, 2024

Last sale price $899,000 $268 Per Sq Ft

64 Days on Market

Highlights

  • Corner Lot
  • Solar Heating System
  • Central Heating
  • 3 Car Direct Access Garage

About This Home

As of January 2024

Spacious Triplex on a corner lot consisting of (1) 5BR/2BA unit, (1) 4BR/2BA unit, and (1) studio with an attached 2-car garage with paid solar. The two large apartments are being used as a rooming house with a total of twelve rooms rented out individually, each with their own lease agreement, for a total of 13 tenants. This property delivers excellent cash flow with a rent roll of $10,000 / month with a 13% cap rate. Whether you choose to continue operating the property as a rooming house or explore other rental options, this triplex presents an investment with a range of possibilities to capitalize on its income potential.

Last Agent to Sell the Property

Cathy Rojas

The Company Real Estate License #01449420 Listed on: 06/22/2023

The Company Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 6,499 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Direct Access Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 12 Bedrooms
  • 3,360 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Eco-Friendly Details

  • Solar Heating System

Utilities

  • No Cooling
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 0057-153-170

Community Details

Overview

  • 2 Buildings
  • 13 Units

Building Details

  • Gross Income $120,480

Property Details

Home Type

Multi-Family

Year Built

Built in 1971 | Remodeled

Lot Details

6,499 Sq Ft Lot

Parking

3

Listing Details

  • Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Apartments
  • Directions To Property: Springs Rd, right on Florida Street.
  • Lot Size Acres: 0.1492
  • Stories: 2
  • CapRate: 13.00
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Price Per Square Foot: 267.56
  • Square Footage: 3360.00
  • NumberOfBuildings: 2

Exterior Features

  • Lot Features: Corner, Sidewalk
  • Property Condition: Original, Updated/Remodeled
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Garage, Interior Access, Off Street, Street
  • Total Parking Spaces: 3.00
  • Garage Spaces: 3.00

Utilities

  • Cooling: None
  • Security Features: Double Strapped Water Heater, Smoke Detector
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Solar Heating
  • Laundry Features: Washer/Dryer Hookups

Lot Info

  • Assessor Parcel Number: 0057-153-170
  • Lot Size Sq Ft: 6499.00

Building Info

  • Year Built: 1971

Multi Family

  • 1 Bedroom Rent Range: Starting at 595.00
  • Number Of1 Bedrooms Occupied: 9
  • Number of 1 Bedroom Units: 13
  • Number Of4 Bedroom Units: 2
  • Number of Studio Units: 1
  • NumberOfUnitsTotal: 13
  • Number Studios Occupied: 1
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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 Prior Sale
01/08/2024 01/08/24 Sold $899,000 0.0% $268 / Sq Ft
11/01/2023 11/01/23 For Sale $899,000 0.0% $268 / Sq Ft
10/31/2023 10/31/23 Off Market $899,000 -- --
10/06/2023 10/06/23 For Sale $899,000 0.0% $268 / Sq Ft
08/25/2023 08/25/23 Price Changed $899,000 +12.5% $268 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $799,000 0.0% $238 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $799,000 +2.4% $238 / Sq Ft
02/01/2018 02/01/18 Sold $780,000 0.0% $232 / Sq Ft View Prior Sale
01/16/2018 01/16/18 Pending -- -- --
12/15/2017 12/15/17 For Sale $780,000 -- $232 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $12,067 $916,980 $204,000 $712,980
2024 $12,067 $870,101 $133,860 $736,241
2023 $11,436 $853,041 $131,236 $721,805
2022 $11,294 $836,315 $128,663 $707,652
2021 $11,031 $819,918 $126,141 $693,777
2020 $11,114 $811,512 $124,848 $686,664
2019 $10,809 $795,600 $122,400 $673,200
2018 $3,261 $170,992 $55,194 $115,798
2017 $3,068 $167,640 $54,112 $113,528
2016 $1,977 $164,353 $53,051 $111,302
2015 $1,952 $161,886 $52,255 $109,631
2014 $1,926 $158,716 $51,232 $107,484
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323042172

Bay Area Real Estate Information Services (BAREIS)
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