NOT LISTED FOR SALE
6 Beds
6 Baths
7,738 Sq Ft
1930 Built

Sale Details

Date Sold: February 13, 2012

Last sale price $500,000 $65 Per Sq Ft

134 Days on Market

Highlights

  • Bungalow
  • Wood Siding
  • No Heating

About This Home

As of February 2012

Corner Location fronting on two streets. Front 4-plex facing 45th St with the other 6 unit building entering from Wall St. Property consists of 10 1 Bdrms/1 Bath, both buildings are 2 story, wood frame & stucco, built in 1930. The units are large, rents are low with good upside potential with vacancies.

Last Agent to Sell the Property

James Mann

Coldwell Banker Platinum Prop. License #00546945 Listed on: 07/20/2011

Coldwell Banker Platinum Prop.

Last Buyer's Agent

Stephen Doughty

Coldwell Banker Platinum Prop License #01502374

Coldwell Banker Platinum Prop

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Parking

  • Off-Site Parking

Home Design

  • 7,738 Sq Ft Home
  • Bungalow
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • No Heating
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 14
  • Tax Tract Number 14
  • Assessor Parcel Number 5109011015

Community Details

Overview

  • 2 Buildings
  • 10 Units

Building Details

  • 10 Leased Units
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,000
  • Gardener Expense $1,500
  • Insurance Expense $1,500
  • Other Expense $3,000
  • Pest Control $500
  • Supplies Expense $500
  • Trash Expense $1,500
  • Water Sewer Expense $3,000
  • New Taxes Expense $5,500
  • Gross Income $5,783
  • Net Operating Income $48,761

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 9.29
  • Supplies Expense: 500.00
  • View: No
  • Water Sewer Expenses: 3000.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 5109011015
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 64.62

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Off Site

Utilities

  • Utilities: Sewer Available, Water Connected
  • Heating: No
  • Laundry: No
  • Pest Control Expense: 500.00
  • Sewer: Sewer Paid
  • Trash Expense: 1500.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1000.00
  • Gross Income: 5783.00
  • Gross Multiplier: 7.05
  • Gross Scheduled Income: 74496.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 48761.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 23500.00
  • Other Expense: 3000.00
  • Other Expense Description: Misc

Tax Info

  • New Taxes Expense: 5500.00
  • Tax Lot: 14
  • Tax Tract: Stewrt's Sub
  • Tax Tract Number: 14

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

Closed on
Dec 13, 2016
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
$968,000
Interest Rate
0.0394%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2013
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
$200,000
Interest Rate
0.0413%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 20, 2011
Closed on
Feb 3, 2012
Sold by
Bought by
Seller's Agent
James Mann
Coldwell Banker Platinum Prop.
Buyer's Agent
Stephen Doughty
Coldwell Banker Platinum Prop
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
0.039%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2011
Sold by
Bought by

Purchase Details

Closed on
May 4, 2005
Sold by
Bought by
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
-- Fidelity National Title
$750,000 Provident Title Company
$500,000 Investors Title Company
-- Accommodation
-- --
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 $1,410,000
Closed $968,000
Previous Owner $1,372,500
Previous Owner $200,000
Previous Owner $487,500
Previous Owner $375,000
Previous Owner $65,000
Previous Owner $270,000
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
02/13/2012 02/13/12 Sold $500,000 -4.8% $65 / Sq Ft
12/01/2011 12/01/11 Pending -- -- --
07/20/2011 07/20/11 For Sale $525,000 -- $68 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,323 $919,388 $367,754 $551,634
2024 $12,109 $901,362 $360,544 $540,818
2023 $11,895 $883,689 $353,475 $530,214
2022 $11,381 $866,363 $346,545 $519,818
2021 $11,207 $849,376 $339,750 $509,626
2019 $10,895 $824,185 $329,674 $494,511
2018 $10,777 $808,025 $323,210 $484,815
2017 $10,515 $792,182 $316,873 $475,309
2016 $10,205 $776,650 $310,660 $465,990
2015 $10,067 $764,985 $305,994 $458,991
2014 $10,161 $750,000 $300,000 $450,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P789908

California Regional Multiple Listing Service (CRMLS)
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