NOT LISTED FOR SALE
6 Beds
4 Baths
10,503 Sq Ft
0.34 Acres Lot

Sale Details

Date Sold: August 24, 2012

Last sale price $2,750,000 $262 Per Sq Ft

75 Days on Market

Highlights

  • 0.35 Acre Lot
  • Birney Elementary School Rated A+
  • Laundry Room

About This Home

As of August 2012

14 unit offering with an attractive unit mix consisting of three 1BR/1BA, ten 2BR/1BA, and one 3BR/2BA. 2020 Vanderbilt Lane is a courtyard style building and is 100% copper plumbing. There is ample garage parking with eight 2 car garages and two 1 car garages. Unit amenities include dishwashers, stoves, ceiling fans and select patios/balconies. A "hands on" operator could add his personal touch resulting in aesthetic upside with rent upside to follow.

Last Agent to Sell the Property

Brian Estes

Re/Max Commercial & Investment License #01394559 Listed on: 04/13/2012

Co-Listed By

Brice W. Head, MBA

Re/Max Commercial & Investment License #01330706

Last Buyer's Agent

CRAIG CHEN

HOME TEAM REALTY License #00794201

HOME TEAM REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 0.34

Parking

  • 18 Car Garage

Home Design

  • 10,503 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • 15,007 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2
  • Assessor Parcel Number 4156007027

Community Details

Building Details

  • 15 Separate Electric Meters
  • 15 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $17,975
  • Net Operating Income $127,134

Additional Features

  • 14 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0.34 Acres

Parking

18

Listing Details

  • CapRate: 4.54
  • Property Type: Residential Income
  • Parcel Number: 4156007027
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 261.83

Garage/Parking

  • Garage Spaces: 18.00
  • Total Parking Spaces: 18.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 15007.00
  • Lot Size Acres: 0.3450

Multi Family

  • Gross Income: 17975.00
  • Gross Multiplier: 12.98
  • Gross Scheduled Income: 215700.00
  • Lot Size Area: 15007.0000 Square Feet
  • Net Operating Income: 127134.00
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 15
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 14
  • Operating Expense: 82140.00
  • Rent Control: No
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 2
  • Tax Year: 2011
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
08/24/2012 08/24/12 Sold $2,750,000 -1.8% $262 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $2,800,000 -- $267 / 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 $43,155 $3,386,418 $2,462,853 $923,565
2024 $41,320 $3,320,018 $2,414,562 $905,456
2023 $40,586 $3,254,920 $2,367,218 $887,702
2022 $40,056 $3,191,099 $2,320,802 $870,297
2021 $39,164 $3,128,530 $2,275,297 $853,233
2019 $38,441 $3,040,838 $2,207,811 $833,027
2018 $37,375 $2,981,315 $2,164,521 $816,794
2016 $36,130 $2,860,647 $2,080,471 $780,176
2015 $35,480 $2,817,679 $2,049,221 $768,458
2014 $35,073 $2,762,485 $2,009,080 $753,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12047026

California Regional Multiple Listing Service (CRMLS)
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