NOT LISTED FOR SALE
1 Bed
1 Bath
7,584 Sq Ft
6,128 Sq Ft Lot

Last Sold August 10, 2017

Last sale price $1,445,000 $191 Per Sq Ft

30 Days on Market

About This Home

As of August 2017

• Pride of Ownership Property
• Quiet, Tree-Lined Street in Historic Wrigley District
• Large Units w/ (5) Garages
• Gated Courtyard
• Substantial Upside - 5.8% CAP on Leveled Rents

Last Agent to Sell the Property

Damien Breaux

Morgan Skenderian License #01460301 Listed on: 06/28/2017

Co-Listed By

Michael Sacks

Coldwell Banker Realty License #01945984

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 6,128 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Parking

  • 5 Car Garage

Home Design

  • 7,584 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room

Listing and Financial Details

  • Assessor Parcel Number 7209018019

Community Details

Overview

  • 4 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $2,451
  • Maintenance Expense $4,668
  • Other Expense $1,654
  • Trash Expense $2,630
  • Water Sewer Expense $2,630
  • New Taxes Expense $16,939
  • Operating Expense $31,812
  • Gross Income $96,240
  • Net Operating Income $61,541

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Parking

5

Listing Details

  • CapRate: 4.20
  • Property Attached: Yes
  • Water Sewer Expenses: 2630.00
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 7209018019
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 190.53

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 2630.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6128.00

Multi Family

  • Gross Income: 96240.00
  • Gross Multiplier: 15.22
  • Gross Operating Income: 93353.00
  • Gross Scheduled Income: 96240.00
  • Insurance Expense: 2451.00
  • Maintenance Expense: 4668.00
  • Net Operating Income: 61541.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 31812.00
  • Operating Expense Percent: 33.10
  • Other Expense: 1654.00
  • Other Expense Description: Misc.
  • Rent Control: No
  • Total Expenses: 31812.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 16939.00
  • Tax Lot: 000
  • Tax Tract Number: 0000
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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
08/10/2017 08/10/17 Sold $1,445,000 -1.4% $191 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $1,465,000 -- $193 / 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 $21,599 $1,644,159 $682,696 $961,463
2024 $21,599 $1,611,921 $669,310 $942,611
2023 $21,228 $1,580,316 $656,187 $924,129
2022 $19,938 $1,549,330 $643,321 $906,009
2021 $19,517 $1,518,952 $630,707 $888,245
2019 $19,237 $1,473,900 $612,000 $861,900
2018 $18,719 $1,445,000 $600,000 $845,000
2016 $5,738 $396,473 $214,669 $181,804
2015 $5,532 $390,519 $211,445 $179,074
2014 $5,538 $382,871 $207,304 $175,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17146896

California Regional Multiple Listing Service (CRMLS)