NOT LISTED FOR SALE
4 Beds
6 Baths
5,112 Sq Ft
8,141 Sq Ft Lot

Sale Details

Date Sold: September 19, 2019

Last sale price $1,453,000 $284 Per Sq Ft

12 Days on Market

Highlights

  • Laundry Room
  • Landscaped
  • 8 Car Garage

About This Home

As of September 2019

Charming Spanish style 8-unit Apartment Building. Well-maintained building with long term tenants. 4-1 Bedroom Units & 4-Single Units. 8 single garages off alley, on-site laundry, individually metered units. Only one unit has been completely remodeled, see photos.

Last Agent to Sell the Property

Craig O'Rourke

Coldwell Banker Realty License #01133381 Listed on: 07/29/2019

Coldwell Banker Realty

Last Buyer's Agent

Cody Charnell

Sage Real Estate Group, Inc. License #01950585

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 8,143 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped

Parking

  • 8 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 5,112 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 17 / 4
  • Assessor Parcel Number 7209023019

Community Details

Overview

  • 8 Units
  • Wrigley Area Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $489
  • Fuel Expense $1,645
  • Gardener Expense $1,200
  • Insurance Expense $2,074
  • Maintenance Expense $4,352
  • Professional Management Expense $2,640
  • Trash Expense $2,659
  • Water Sewer Expense $1,979
  • New Taxes Expense $16,187
  • Operating Expense $32,716
  • Gross Income $92,128
  • Net Operating Income $59,412

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

8,143 Sq Ft Lot

Parking

8

Listing Details

  • Professional Management Expense: 2640.00
  • Property Attached: Yes
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 1979.00
  • Zoning: LBR2N
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7209023019
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 284.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 2659.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 8143.00
  • Lot Size Acres: 0.1869

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 489.00
  • Fuel Expense: 1645.00
  • Gross Income: 92128.00
  • Gross Scheduled Income: 94020.00
  • Insurance Expense: 2074.00
  • Lot Size Area: 8143.0000 Square Feet
  • Maintenance Expense: 4352.00
  • Net Operating Income: 59412.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 8
  • Operating Expense: 32716.00
  • Rent Control: No
  • Total Expenses: 32716.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 16187.00
  • Tax Block: 4
  • Tax Census Tract: 5730.04
  • Tax Lot: 17
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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
09/19/2019 09/19/19 Sold $1,453,000 +12.2% $284 / Sq Ft
07/29/2019 07/29/19 For Sale $1,295,000 -- $253 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $20,918 $1,589,064 $656,186 $932,878
2024 $20,918 $1,557,907 $643,320 $914,587
2023 $23,383 $1,754,400 $836,400 $918,000
2022 $19,310 $1,497,413 $618,340 $879,073
2021 $18,908 $1,468,053 $606,216 $861,837
2019 $7,058 $468,394 $233,697 $234,697
2018 $6,766 $459,230 $229,115 $230,115
2017 $6,693 $449,246 $224,623 $224,623
2016 $6,220 $440,438 $220,219 $220,219
2015 $5,994 $433,824 $216,912 $216,912
2014 $5,996 $425,326 $212,663 $212,663
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19180296

California Regional Multiple Listing Service (CRMLS)
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