NOT LISTED FOR SALE
7 Beds
5 Baths
4,356 Sq Ft
8,712 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $1,525,000 $350 Per Sq Ft

6 Days on Market

About This Home

As of May 2022

Great Investment Opportunity at Great Location!! All units and FULLY OCCUPIED and NICELY UPDATED. The property features a great mix - 1 (3bed x 2bath), 2 (2bed x 1bath), 1 (1bed x 1bath). 3 units are downstairs with huge patio. One 2 bedroom unit is on the second floor with a huge balcony and nice view. On site laundry room for the convenience of the residents and additional income. 3 single and 1 double car garage.

Last Agent to Sell the Property

Victoria Page

RE/MAX One License #01368265 Listed on: 04/26/2022

RE/MAX One

Last Buyer's Agent

Victoria Page

RE/MAX One License #01368265 Listed on: 04/26/2022

RE/MAX One

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 4,356 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 6984
  • Assessor Parcel Number 13743136
  • $992 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Fuel Expense $780
  • Gardener Expense $960
  • Insurance Expense $1,380
  • Water Sewer Expense $3,900
  • Operating Expense $5,640
  • Net Operating Income $72,360

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

5

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3900.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 13743136
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 350.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Electric Expense: 500.00
  • Fuel Expense: 780.00
  • Gross Scheduled Income: 78000.00
  • Insurance Expense: 1380.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 100.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 72360.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 5640.00
  • Rent Control: No
  • Total Actual Rent: 6500.00
  • Total Expenses: 5640.00

Tax Info

  • Tax Census Tract: 875.04
  • Tax Lot: 2
  • Tax Tract Number: 6984
  • TaxOtherAnnualAssessmentAmount: 992.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
05/13/2022 05/13/22 Sold $1,525,000 +2.0% $350 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/26/2022 04/26/22 Price Changed $1,495,000 0.0% $343 / Sq Ft
04/26/2022 04/26/22 For Sale $1,495,000 +42.4% $343 / Sq Ft
12/17/2014 12/17/14 Sold $1,050,000 -4.5% $241 / Sq Ft View Prior Sale
11/07/2014 11/07/14 Pending -- -- --
09/26/2014 09/26/14 For Sale $1,100,000 +32.5% $253 / Sq Ft
09/30/2013 09/30/13 Sold $830,000 +1.8% $191 / Sq Ft View Prior Sale
09/05/2013 09/05/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $815,000 -- $187 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $18,511 $1,618,342 $1,379,571 $238,771
2024 $18,511 $1,586,610 $1,352,520 $234,090
2023 $18,126 $1,555,500 $1,326,000 $229,500
2022 $17,903 $1,189,154 $1,008,676 $180,478
2021 $14,207 $1,165,838 $988,898 $176,940
2020 $14,148 $1,153,884 $978,758 $175,126
2019 $13,726 $1,131,259 $959,566 $171,693
2018 $13,444 $1,109,078 $940,751 $168,327
2017 $12,916 $1,087,332 $922,305 $165,027
2016 $12,879 $1,066,012 $904,220 $161,792
2015 $12,767 $1,050,000 $890,638 $159,362
2014 $9,836 $830,000 $630,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22082249

California Regional Multiple Listing Service (CRMLS)

APN: 137-431-36