NOT LISTED FOR SALE
18 Beds
10 Baths
15,000 Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: August 8, 2017

Last sale price $590,000 $39 Per Sq Ft

291 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Open Floorplan
  • Dual Staircase
  • 15,002 Sq Ft lot
  • Bluff View
  • Fireplace in Primary Bedroom

About This Home

As of August 2017

Investment property , Positive Cash Flow

Last Agent to Sell the Property

Juan Cacho

Elite Realty License #01015808 Listed on: 09/20/2016

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 15,002 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home
  • Masonry wall
  • Privacy Fence
  • Brick Fence
  • Stucco Fence
  • Fence is in good condition
  • Density is 11-15 Units/Acre

Parking

  • 12 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Apartment
  • Flat Roof Shape
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Fiberglass Roof
  • Plaster
  • Stucco

Interior Spaces

  • 15,000 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Electric Fireplace
  • Gas Fireplace
  • Blinds
  • Casement Windows
  • Panel Doors
  • Formal Entry
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Bluff Views

Kitchen

  • Built-In Range
  • Laminate Countertops
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 18 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 10 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available
  • TV Antenna

Additional Features

  • Accessible Parking
  • Balcony
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 0013
  • Assessor Parcel Number 031153015000

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • 12 Leased Units
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 12 Separate Water Meters
  • Electric Expense $1,720
  • Trash Expense $1,000
  • Water Sewer Expense $1,000
  • New Taxes Expense $7,011
  • Operating Expense $26,004
  • Gross Income $64,800
  • Net Operating Income $47,328

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.34 Acres

Parking

12

Listing Details

  • Assessments: No
  • CapRate: 10.30
  • Property Attached: Yes
  • Road Surface Type: Alley Paved, Maintained, Paved
  • View: Yes
  • Water Sewer Expenses: 1000.00
  • Zoning: C-C
  • Architectural Style: Contemporary
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 031153015000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Balcony, Laminate Counters, Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Panel Doors
  • Fireplace Features: Dining Room, Family Room, Kitchen, Master Bedroom, Electric, Gas
  • Levels: Two
  • Price Per Square Foot: 39.33
  • Room Type: All Bedrooms Down, All Bedrooms Up, Family Room, Formal Entry
  • Window Features: Blinds, Casement Windows

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Exterior Features: TV Antenna
  • View: Bluff
  • Fence: Yes
  • Fencing: Brick, Good Condition, Masonry, Privacy, Stucco Wall
  • Pool Private: No
  • Roof: Composition, Fiberglass, Flat
  • Spa: No
  • Construction Materials: Drywall Walls, Plaster, Stucco

Garage/Parking

  • Garage Spaces: 12.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Built-In Range, Electric Range, Electric Cooktop, Disposal, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace, Natural Gas
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 15002.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average1 Bed Area: 540 Square Feet
  • Average2 Bed Area: 792 Square Feet
  • Average Studio Area: 600 Square Feet
  • Electric Expense: 1720.00
  • Gross Income: 64800.00
  • Gross Scheduled Income: 74400.00
  • Net Operating Income: 47328.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 12
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Number With Carpet: 12
  • Number With Dishwasher: 12
  • Number With Disposal: 12
  • Number With Drapes: 12
  • Number With Patio: 12
  • Number With Range: 12
  • Number With Refrigerator: 12
  • Operating Expense: 8000.00
  • Rent Control: No
  • Total Actual Rent: 12.00
  • Total Expenses: 26004.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 7011.00
  • Tax Census Tract: 13.02
  • Tax Lot: 0013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2013
Sold by
Bought by

Purchase Details

Closed on
Nov 3, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
0.059%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $410,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/08/2017 08/08/17 Sold $590,000 -13.2% $39 / Sq Ft
09/20/2016 09/20/16 For Sale $680,000 -- $45 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,667 $670,735 $85,335 $585,400
2024 $7,262 $657,666 $83,662 $574,004
2023 $7,165 $644,854 $82,022 $562,832
2022 $7,076 $632,293 $80,414 $551,879
2021 $7,062 $619,979 $78,838 $541,141
2020 $7,117 $613,666 $78,030 $535,636
2019 $7,016 $601,716 $76,500 $525,216
2018 $6,421 $590,000 $75,000 $515,000
2017 $7,074 $616,000 $60,000 $556,000
2016 $6,323 $556,000 $45,000 $511,000
2015 $6,261 $541,100 $40,000 $501,100
2014 $5,024 $431,100 $30,000 $401,100
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC16707497

California Regional Multiple Listing Service (CRMLS)

APN: 031-153-015

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