$1,600,000
UNDER CONTRACT

Estimated payment $10,333/month

Total Views 2,441
5 Beds
3 Baths
2,004 Sq Ft
$798 Price per Sq Ft

Highlights

  • Open Floorplan
  • Private Yard
  • Living Room
  • Lincoln Elementary School Rated A+
  • No HOA
  • Laundry Room

About This Home

Two houses on a single lot presents a chance for a homeowner to generate supplementary income from the second unit to cover expenses or for an investor seeking an opportunity. The front unit boasts 2 bedrooms and 1 bathroom across 900 square feet. The rear unit offers 3 bedrooms and 1 bathroom across 1102 square feet.Back unit has been renovated with wood like flooring, newer shaker cabinetry, renovated bathroom. Back unit has a private courtyard and a private enclosed rear yard... Front unit has a few upgrades but is in original condition... clean and organized... with a private court yard as back patio as wellBoth units have separate laundry, separate water heaters, separate utilities...Both currently rented.Both units have one private garage and 1 parking space in driveway

Last Listed By

Sue Freeman

Compass Brokerage Phone: 310-780-9244 License #00912308 Listed on: 04/25/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,728

Year Built

  • Built in 1964

Lot Details

  • 6,502 Sq Ft Lot
  • Lot Dimensions are 40 x 150
  • No Common Walls
  • Sprinkler System
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Interior Block Wall

Interior Spaces

  • 2,004 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 17 / 2
  • Assessor Parcel Number 4150002017
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $900
  • Insurance Expense $2,500
  • Operating Expense $3,400
  • Net Operating Income $70,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,728

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Price Per Unit: 800000
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: RBR-2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 4150002017
  • Year Built: 1964
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Interior Amenities: Block Walls, Open Floorplan
  • Stories: 1
  • Entry Location: Front and Side
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Price Per Square Foot: 798.40
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Range Hood, Refrigerator, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinkler System, Yard
  • Lot Size: 40 x 150
  • Lot Size Sq Ft: 6502.00
  • Lot Size Acres: 0.1493

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Average3 Bed Area: 1100 Square Feet
  • Gross Scheduled Income: 73860.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 6502.0000 Square Feet
  • Net Operating Income: 70460.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3400.00
  • Rent Control: No
  • Total Expenses: 3400.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 6205.01
  • Tax Lot: 17
  • Tax Tract: k
  • Tax Tract Number: B

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $16,728 $1,380,000 $1,280,000 $100,000
2023 $14,241 $1,153,794 $1,142,859 $10,935
2022 $13,967 $1,131,171 $1,120,450 $10,721
2021 $13,582 $1,108,992 $1,098,481 $10,511
2020 $13,552 $1,097,622 $1,087,218 $10,404
2019 $13,238 $1,076,100 $1,065,900 $10,200
2018 $12,840 $1,055,000 $1,045,000 $10,000
2016 $3,475 $212,346 $102,537 $109,809
2015 $3,424 $209,157 $100,997 $108,160
2014 $3,378 $205,061 $99,019 $106,042
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 For Sale $1,600,000 +52.4% $798 / Sq Ft
11/06/2017 11/06/17 Sold $1,050,000 0.0% $524 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/09/2017 09/09/17 For Sale $1,050,000 -- $524 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed -- --
Grant Deed $1,055,000 Fatcola
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Closed $0 New Conventional
Open $75,000 New Conventional
Closed $75,000 New Conventional
Previous Owner $738,500 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $400,000 Unknown
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25091648

California Regional Multiple Listing Service (CRMLS)

APN: 4150-002-017