NOT LISTED FOR SALE
9 Beds
7 Baths
4,339 Sq Ft
8,276 Sq Ft Lot

Last Sold June 28, 2013

Last sale price $1,098,000 $253 Per Sq Ft

99 Days on Market

Highlights

  • Neighborhood Views
  • Balcony
  • Forced Air Heating System
  • Del Mar High School Rated A-
  • Tile Flooring
  • Washer and Dryer

About This Home

As of June 2013

Great Invenstment Opportunity! Large Fourplex with a 3-Bedroom Owner's Unit.Private garage for each unit. Spacious living rooms, open floorplans. Great Location, easy access to major freeways, walking distance to light rail, downtown Willow Glen, close to parks, schools and shopping. Updated kitchens and bathrooms, dual pane windows. Prime of Ownership.

Last Agent to Sell the Property

James Balestieri

Coldwell Banker Realty License #00711631 Listed on: 02/17/2013

Coldwell Banker Realty

Last Buyer's Agent

John Pinto

John V. Pinto, Broker License #00472007

Property Details

Home Type

  • Multi-Family

Year Built

  • 1973

Lot Details

  • 8,276

Parking

  • Private Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,339 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Laundry

  • Laundry in Garage
  • Washer and Dryer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Balcony
  • Sprinkler System

Listing and Financial Details

  • Total Actual Rent $82,500
  • The owner pays for garbage, services - gardener/landscaping, water
  • Month-to-Month Lease Term

Community Details

Overview

  • 4,339 Sq Ft Building

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $2,100
  • Maintenance Expense $1,500
  • Other Expense $1,000
  • Trash Expense $2,040
  • Operating Expense $23,763
  • Gross Income $80,025

Property Details

Home Type

Multi-Family

Year Built

1973

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 40
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 253.05
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 4339
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1973

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 4339
  • Stories: 2
  • Laundry: Washer/Dryer - Some Units, Laundry Area - In All Units, In Garage
  • Flooring: Tile, Laminate, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet, Varies By Unit

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Perimeter And Slab
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Lawn, Balcony / Patio

Garage/Parking

  • Garage Parking Features: Private / Exclusive

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8276.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8276.00
  • Lot Size Area Min Search: 8276.00
  • Maximum Lot Size: 8276.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 13.31

Multi Family

  • Expense Insurance: 2100
  • Expense Landscape: 1200
  • Expense Maintenance: 1500
  • Expenses Other: 1000
  • Expenses Total: 23763
  • Expense Trash: 2040
  • Expense Water Sewer: 2400
  • Income Annual Gross: 80025.00
  • Income Annual Rental: 82500
  • Income Gross Scheduled: 82500
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Maintenance - Exterminator, Insurance, Accounting/Legal, Fee - License/Advertising, Maintenance - Repair, Fee - Property Tax, Vacancy Factor
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric
  • Vacancy Amount: 2475
  • Vacancy Factor: 3

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 List to Sale Price per Sq Ft
06/28/2013 06/28/13 Sold $1,098,000 -8.4% $253 / Sq Ft
05/27/2013 05/27/13 Pending -- -- --
02/17/2013 02/17/13 For Sale $1,199,000 -- $276 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81304812

MLSListings