NOT LISTED FOR SALE
9 Beds
8 Baths
4,675 Sq Ft
9,644 Sq Ft Lot

Last Sold May 01, 2023

Last sale price $2,505,000 $536 Per Sq Ft

128 Days on Market

About This Home

As of May 2023

Super pride of ownership 4 plex centrally located in a great area with easy access to main throughfares. Each unit has its own private garage. units are all updated and absolutely super nice. Owners' unit has a 2 attached garage and nice fenced yard. If turnkey rentals are what you are looking for then this property is for you. Great rents and tenants. Properties like this one do not come available very often.

Last Agent to Sell the Property

Myron Von Raesfeld

KW Bay Area Estates License #00866594 Listed on: 12/08/2022

KW Bay Area Estates

Last Buyer's Agent

Myron Von Raesfeld

KW Bay Area Estates License #00866594 Listed on: 12/08/2022

KW Bay Area Estates

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 9,644 Sq Ft Lot

Parking

  • 5 Car Garage

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,675 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $143,052

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $2,400
  • Insurance Expense $2,200
  • Maintenance Expense $3,000
  • Manager Expense $10,225
  • Operating Expense $36,508
  • Gross Income $140,191

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

0

Parking

5

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 52
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4675
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Living Sq Ft: 4675
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 5
  • Parking Spaces: 5
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.2214
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9643.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9643.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 17.44
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2200
  • Expense Landscape: 2400
  • Expense Maintenance: 3000
  • Expense Management: 10225
  • Expenses Total: 36508
  • Income Annual Gross: 140191.00
  • Income Annual Rental: 143052
  • Income Gross Scheduled: 143052
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance, Services - Gardener
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 2

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
05/01/2023 05/01/23 Sold $2,505,000 +0.4% $536 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
04/10/2023 04/10/23 Price Changed $2,495,000 -15.4% $534 / Sq Ft
12/08/2022 12/08/22 For Sale $2,950,000 +195.0% $631 / Sq Ft
09/11/2012 09/11/12 Sold $1,000,000 -9.1% $214 / Sq Ft
07/20/2012 07/20/12 Pending -- -- --
06/29/2012 06/29/12 For Sale $1,100,000 -- $235 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81914540

MLSListings

APN: 412-25-016