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

Last 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

Re/Max Commercial & Investment

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

  • 0.35

Parking

  • 18 Car Garage

Home Design

  • 10,503 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • 0.35 Acre 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

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12047026

California Regional Multiple Listing Service (CRMLS)