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

Sale Details

Date 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

General NONMEMBER

NONMEMBER MRML

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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

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

6,128 Sq Ft Lot

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,445,000 Ticor Title Co
Kaler Denise -- None Available
Pine Avenue Apartments Llc -- None Available
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 $1,106,000
Closed 2010 Pine Llc $920,000
Closed 2010 Pine Llc $906,000
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
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

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
2026 $22,603 $1,677,041 $696,349 $980,692
2025 $22,603 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17146896

California Regional Multiple Listing Service (CRMLS)
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