NOT LISTED FOR SALE
6 Beds
5 Baths
3,057 Sq Ft
7,405 Sq Ft Lot

Last Sold December 20, 2013

Last sale price $900,000 $294 Per Sq Ft

35 Days on Market

Highlights

  • 0.17 Acre Lot
  • Open Floorplan
  • Traditional Architecture
  • John R. Peterson Elementary Rated A-
  • Fireplace in Kitchen
  • No HOA

About This Home

As of December 2013

Terrific location on 7500 SF , Corner Lot . Only one mile to HB Pier . All units have enclosed garages ,except 1Bedroom unit, which has assigned parking space. 3BR and 2BR on main level , One Bedroom is on 2nd level with balcony only . Other units offer private rear yards. rents are actual
GSI at $ 57,000 . Notice newer built homes surrounding this building adding to appeal . all units have been well maintained , however not remodeled.
Please no not walk building, tenants are not aware. no sign . This would make a terrific investment with great upside.

Last Agent to Sell the Property

Art Rivera

Berkshire Hathaway HomeService License #00497094 Listed on: 11/03/2013

Berkshire Hathaway HomeService

Last Buyer's Agent

Art Rivera

Berkshire Hathaway HomeService License #00497094 Listed on: 11/03/2013

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Density is 11-15 Units/Acre

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Spanish Tile Roof
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 3,057 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Blinds
  • Sliding Doors
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Built-In Range
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Storage

Listing and Financial Details

  • Legal Lot and Block 22 / 2102
  • Tax Tract Number 201
  • Assessor Parcel Number 02502212

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,800
  • Trash Expense $1,200
  • New Taxes Expense $10,750
  • Gross Income $4,750
  • Net Operating Income $42,750

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Downtown Area (DOWN)
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 02502212
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Kitchen
  • Levels: Two
  • Price Per Square Foot: 294.41
  • Room Type: Master Bedroom
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Other Structures: Storage
  • Exterior Features: Lighting
  • Fencing: Wood
  • Pool Private: No
  • Roof: Spanish Tile, Tar/Gravel
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Appliances: Built-In Range
  • Laundry Features: Individual Room
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Average1 Bed Area: 747
  • Average2 Bed Area: 1054
  • Average3 Bed Area: 1258
  • Gross Income: 4750.00
  • Gross Scheduled Income: 57000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 42750.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 14250.00
  • Rent Control: No
  • Total Actual Rent: 4750.00

Tax Info

  • New Taxes Expense: 10750.00
  • Tax Block: 2102
  • Tax Lot: 22
  • Tax Tract Number: 201
  • Tax Year: 2012

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
12/20/2013 12/20/13 Sold $900,000 -7.2% $294 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $969,900 -- $317 / 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: OC13199635

California Regional Multiple Listing Service (CRMLS)

APN: 025-022-12