NOT LISTED FOR SALE
9 Beds
7 Baths
4,440 Sq Ft
7,841 Sq Ft Lot

Last Sold February 03, 2016

Last sale price $925,000 $208 Per Sq Ft

128 Days on Market

Highlights

  • Property is near public transit
  • Lawn
  • Landscaped
  • Wooded Lot
  • No HOA
  • Paved or Partially Paved Lot

About This Home

As of February 2016

Original Covington Fourplex. New roof. New exterior paint Excellent landscaping. First MLS listing on Jetty in over 2 years.
Great unit mix. Individually metered for both gas and electricity. On-site laundry facility.
Easy access to 5, 57 and 22 Freeways.

Last Agent to Sell the Property

Bill Webster

SVN / Vanguard License #00885653 Listed on: 08/17/2015

SVN / Vanguard

Last Buyer's Agent

Bill Webster

SVN / Vanguard License #00885653 Listed on: 08/17/2015

SVN / Vanguard

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 7,841 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Lawn
  • Front Yard

Parking

  • 5 Car Garage

Home Design

  • Property Attached
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,440 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 13
  • Tax Tract Number 6373
  • Assessor Parcel Number 13743107

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,630
  • Net Operating Income $39,448

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Parking

5

Listing Details

  • CapRate: 4.26
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Property Type: Residential Income
  • Parcel Number: 13743107
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 208.33

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Front Yard, Lawn, Landscaped, Lot 6500-9999, Level with Street, Paved, Sprinkler System, Near Public Transit, Treed Lot
  • Lot Size Sq Ft: 7841.00
  • Price Per Lot Square Foot: 117.97
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 4630.00
  • Gross Multiplier: 16.65
  • Gross Scheduled Income: 55560.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 39448.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 14446.00
  • Operating Expense Percent: 26.00
  • Rent Control: No
  • Vacancy Allowance: 1667
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 6373

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
02/03/2016 02/03/16 Sold $925,000 0.0% $208 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
08/17/2015 08/17/15 For Sale $925,000 -- $208 / 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: PW15181226

California Regional Multiple Listing Service (CRMLS)

APN: 137-431-07