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

Sale Details

Date Sold: January 8, 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
  • Water Heater

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Dec 28, 2023
Sold by
Bought by
Seller's Agent
Cathy Rojas
The Company Real Estate
List Price
$899,000
Sold Price
$899,000
Views
313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$674,250
Outstanding Balance
$657,135
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2018
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 22, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,200
Interest Rate
6.73%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$899,000 Old Republic Title
-- None Available
$780,000 Fidelity National Title Co
-- None Available
$155,000 Fidelity National Title Co
$160,117 Accommodation
-- North American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $674,250
Previous Owner $585,000
Previous Owner $60,000
Previous Owner $347,200
Previous Owner $300,000
Previous Owner $143,000
Previous Owner $30,000
Previous Owner $45,000
Previous Owner $110,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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 -- $238 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,779 $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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