NOT LISTED FOR SALE
6 Beds
3 Baths
2,630 Sq Ft
9,148 Sq Ft Lot

Last Sold September 14, 2016

Last sale price $655,000 $249 Per Sq Ft

30 Days on Market

Highlights

  • Cape Cod Architecture
  • 3 Car Direct Access Garage
  • Wall Furnace
  • Private Yard
  • Paved or Partially Paved Lot

About This Home

As of September 2016

Investor's DREAM! Great potential property. Highly desirable rental area. Two story building (low-rise garden style). Three unit building. One above and two below. Property consists of each unit having a functioning 2 bedroom 1 bath floor plan. Each unit has own garage (3) and 3 parking spaces available within the 9.306 sq.ft. spacious lot. This property sits with great curb appeal on a corner lot (Cedar and Occidental) adorn with a large yard. Each unit has their own electrical meter. Property is conveniently located to 55 freeway, schools, grocery stores, medical clinics, hospital, churches, restaurants, theater and shopping centers.

Last Agent to Sell the Property

LETICIA LECHUGA

GREENVIEW REALTY License #01156998 Listed on: 05/17/2016

Last Buyer's Agent

Rodrigo Vazquez

Emilia R. Lynch, Broker License #01923928

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 9,148 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Private Yard
  • Lawn

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Parking Lot

Home Design

  • 2,630 Sq Ft Home
  • Cape Cod Architecture
  • Property Attached
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Plaster

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace
  • Water Heater

Additional Features

  • Gas Cooktop
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 52
  • Tax Tract Number 3594
  • Assessor Parcel Number 01424402

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,440
  • Insurance Expense $1,450
  • New Taxes Expense $1,528
  • Gross Income $3,650
  • Net Operating Income $39,382

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 714 742-8017
  • Other Phone Number: 714 742-8017
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Architectural Style: Cape Cod
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 01424402
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 249.05

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls, Plaster

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Direct Garage Access, Garage, Parking Space
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Gas Cooktop, Water Heater
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Paved, Walkstreet, Yard
  • Lot Size Sq Ft: 9148.00
  • Price Per Lot Square Foot: 74.33

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3650.00
  • Gross Scheduled Income: 43800.00
  • Insurance Expense: 1450.00
  • Net Operating Income: 39382.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 4418.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1528.00
  • Tax Lot: 52
  • Tax Tract Number: 3594

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
09/14/2016 09/14/16 Sold $655,000 -5.1% $249 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $690,000 -- $262 / 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: CV16106133

California Regional Multiple Listing Service (CRMLS)

APN: 014-244-02