NOT LISTED FOR SALE
8 Beds
6 Baths
3,912 Sq Ft
0.27 Acres

Last Sold November 29, 2017

Last sale price $1,100,000 $281 Per Sq Ft

16 Days on Market

Highlights

  • No HOA
  • 7 Car Garage
  • Front Yard
  • Laundry Room
  • Heating System Uses Oil
  • 2-minute walk to Cressa Park

About This Home

As of November 2017

Check out this amazing 6-plex in the desirable neighborhood of Wrigley. This amazing property consists of 2 (2 bedroom one bath) and 4 (one bedroom one bath). Theres a garage for each unit, plus one extra garage. There's also onsite laundry located in the back of the building. Single level complex, no one above or below, huge plus! This property is landscaped very nicely with alot of grassy areas and shade.

Last Agent to Sell the Property

Chloe Cruz

Beach Cities Management, Inc. License #01963271 Listed on: 10/08/2017

Last Buyer's Agent

Arlin Chavarria

Champs Realty Group License #02002336

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.27 Acre Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 7 Car Garage
  • Parking Available

Home Design

  • 3,912 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Heating System Uses Oil
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 22
  • Tax Tract Number 5730
  • Assessor Parcel Number 7202028051

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $960
  • Gardener Expense $1,920
  • Insurance Expense $1,968
  • Maintenance Expense $2,354
  • Pest Control $300
  • Professional Management Expense $4,896
  • Water Sewer Expense $1,920
  • Operating Expense $14,318
  • Gross Income $1,500
  • Net Operating Income $68,782

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

7

Listing Details

  • Assessments: Yes
  • Other Phone Description: 714 944 6280
  • Other Phone Number: 714-944-6280
  • Professional Management Expense: 4896.00
  • Property Attached: Yes
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 1920.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Gardener Expense: 1920.00
  • Parcel Number: 7202028051
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 281.19

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 7.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Oil
  • Laundry Features: Community
  • Pest Control Expense: 300.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 11911.00

Rental Info

  • Garage Rental Rate: 100.00
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 650 Square Feet
  • Average2 Bed Area: 750 Square Feet
  • Electric Expense: 960.00
  • Garage Income: 100.00
  • Gross Income: 1500.00
  • Gross Operating Income: 83100.00
  • Gross Scheduled Income: 81600.00
  • Insurance Expense: 1968.00
  • Laundry Income: 300.00
  • Maintenance Expense: 2354.00
  • Net Operating Income: 68782.00
  • Number Of Rented Garages: 1
  • 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: 6
  • Operating Expense: 14318.00
  • Rent Control: No
  • Total Actual Rent: 6800.00
  • Total Expenses: 14318.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • Tax Census Tract: 5730.03
  • Tax Lot: 22
  • Tax Tract Number: 5730

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
11/29/2017 11/29/17 Sold $1,100,000 -7.9% $281 / Sq Ft
10/11/2017 10/11/17 Price Changed $1,195,000 -0.4% $305 / Sq Ft
10/08/2017 10/08/17 For Sale $1,200,000 0.0% $307 / Sq Ft
02/14/2014 02/14/14 Rented $950 0.0% --
02/14/2014 02/14/14 For Rent $950 +6.1% --
10/10/2013 10/10/13 Rented $895 0.0% --
10/10/2013 10/10/13 For Rent $895 0.0% --
01/03/2012 01/03/12 Rented $895 0.0% --
01/03/2012 01/03/12 Under Contract -- -- --
12/12/2011 12/12/11 For Rent $895 -- --
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: PW17232609

California Regional Multiple Listing Service (CRMLS)