NOT LISTED FOR SALE
12 Beds
8 Baths
4,260 Sq Ft
10,010 Sq Ft Lot

Last Sold June 03, 2021

Last sale price $850,000 $200 Per Sq Ft

49 Days on Market

Highlights

  • Marina
  • City Lights View
  • No HOA
  • All Bedrooms Downstairs
  • Fireplace in Kitchen
  • Wood Frame Window

About This Home

As of June 2021

Highlights Strong in -place rents and a current expected cap rate of 5.69-6.78-4 legal units ,This is a LARGE 4 units ,each unit is 3B &2B 1065 SF ,Built in 1964 with a total size of 10010SF,4 storage rooms can add ADU, each unit is selling $224750,each unit has separate water ,gas and electric meters ,Independent Fencing and gates with gate door , Come see this beautiful income property ! Will go fast , all 4 leveling units really seen !!!looking to find a place that pays the mortgage and income for you, well ,Here it is !!!

Last Agent to Sell the Property

Heidi Jin

JC Pacific Capital Inc. License #02065113 Listed on: 03/01/2021

JC Pacific Capital Inc.

Last Buyer's Agent

Mina Ghaly

The Ave License #02028660

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,750

Year Built

  • Built in 1964

Lot Details

  • 10,010 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Fence is in average condition
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway Up Slope From Street
  • Assigned Parking

Home Design

  • Bungalow
  • Quadruplex
  • Asbestos Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,260 Sq Ft Home
  • Circular Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Wood Frame Window
  • Living Room with Fireplace
  • Storage
  • City Lights Views

Kitchen

  • Dishwasher
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 12 Bedrooms
  • All Bedrooms Down
  • In-Law or Guest Suite
  • 8 Bathrooms

Accessible Home Design

  • Doors swing in

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Cooling System Powered By Gas
  • Cooling System Mounted To A Wall/Window
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Well
  • Coal Water Heater
  • Phone Available
  • Phone System
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 5
  • Tax Tract Number 6647
  • Assessor Parcel Number 1191051360000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Marina

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $200
  • Insurance Expense $300
  • Trash Expense $500
  • New Taxes Expense $8,750
  • Operating Expense $9,750
  • Gross Income $61,020
  • Net Operating Income $51,270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,750

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 224750
  • Property Attached: Yes
  • Architectural Style: Bungalow
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 1191051360000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Interior Amenities: In-Law Floorplan, Phone System, Storage
  • Common Walls: 2+ Common Walls
  • Accessibility Features: Doors - Swing In, See Remarks
  • Appliances: Yes
  • Fireplace Features: Kitchen, Living Room, Electric, Gas, Gas Starter, Circular
  • Levels: One
  • Price Per Square Foot: 199.53
  • Room Type: All Bedrooms Down, Living Room
  • Window Features: Wood Frames

Exterior Features

  • Other Structures: Storage
  • Exterior Features: TV Antenna
  • View: City Lights
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway Up Slope From Street
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Appliances: Coal Water Heater, Dishwasher
  • Electric: Electricity - On Property, Standard
  • Heating Type: Heat Pump, Electric, Natural Gas
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public, Well
  • Cooling: Wall/Window Unit(s), Heat Pump, Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10010.00
  • Lot Size Acres: 0.2298

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Electric Expense: 200.00
  • Gross Income: 61020.00
  • Gross Scheduled Income: 61020.00
  • Insurance Expense: 300.00
  • Lot Size Area: 10010.0000 Square Feet
  • Net Operating Income: 51270.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 9750.00
  • Rent Control: No
  • Total Actual Rent: 79360.00
  • Total Expenses: 9750.00
  • Waterfront Features: Marina in Community

Tax Info

  • New Taxes Expense: 8750.00
  • Tax Census Tract: 74.07
  • Tax Lot: 5
  • Tax Tract Number: 6647
  • Tax Annual Amount: 8750.00

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 Change Sq Ft Price
06/03/2021 06/03/21 Sold $850,000 -5.5% $200 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $899,000 0.0% $211 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $899,000 0.0% $211 / Sq Ft
09/11/2020 09/11/20 Rented $1,595 0.0% --
09/11/2020 09/11/20 Under Contract -- -- --
08/31/2020 08/31/20 Price Changed $1,595 -5.9% $1 / Sq Ft
08/17/2020 08/17/20 For Rent $1,695 0.0% --
12/20/2017 12/20/17 Sold $525,000 -2.8% $123 / Sq Ft
09/23/2017 09/23/17 Price Changed $540,000 -1.8% $127 / Sq Ft
07/18/2017 07/18/17 For Sale $550,000 +37.5% $129 / Sq Ft
05/15/2015 05/15/15 Sold $400,000 -6.5% $94 / Sq Ft
03/14/2015 03/14/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $428,000 +17.3% $100 / Sq Ft
07/18/2014 07/18/14 Sold $365,000 -8.7% $86 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
05/03/2014 05/03/14 For Sale $399,900 -- $94 / 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: TR21040903

California Regional Multiple Listing Service (CRMLS)

APN: 1191-051-36