NOT LISTED FOR SALE

Estimated Value: $2,481,000 - $3,434,000

9 Beds
8 Baths
5,470 Sq Ft
$551/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $1,950,000 $356 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $18,636/month

9 Days on Market

Highlights

  • City Lights View
  • Traditional Architecture
  • No HOA
  • Birney Elementary School Rated A+
  • Corner Lot
  • 5-minute walk to Perry Park

About This Home

As of May 2016

LARGE 4-UNIT! Owner's unit is 3 bedrooms/2-1/2 baths with its own washer/dryer hookups and a 2-car garage. The other 3 units are 2 bedroom/2 baths with 1-car garages. All 4-units have dishwashers. Separate electric meters. Rents are substantially under market. No rental income info available for Unit #1 as this was unit was previously occupied by owner.

Last Agent to Sell the Property

Adolph James

Beach City Brokers License #00389293 Listed on: 03/19/2016

Last Buyer's Agent

John Altamura

S C Real Estate License #00935435

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,439

Year Built

  • Built in 1973

Lot Details

  • 7,502 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Block Wall Fence
  • Corner Lot

Parking

  • 6 Car Garage
  • Parking Available
  • Two Garage Doors
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Flat Roof Shape
  • Rolled or Hot Mop Roof

Interior Spaces

  • 5,470 Sq Ft Home
  • 2-Story Property
  • City Lights Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Tile Countertops
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 24
  • Assessor Parcel Number 4156024024

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $500
  • Gardener Expense $1,200
  • Insurance Expense $2,700
  • Maintenance Expense $4,268
  • Other Expense $966
  • Pest Control $1,200
  • Professional Management Expense $3,294
  • Trash Expense $807
  • Water Sewer Expense $2,400
  • Gross Income $4,200
  • Net Operating Income $33,065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,439

Year Built

Built in 1973

Lot Details

0

Parking

6

Listing Details

  • Assessments: No
  • Professional Management Expense: 3294.00
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4156024024
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Laminate Counters, Tile Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 356.49

Exterior Features

  • View: City Lights
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Flat, Rolled/Hot Mop
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Individual Room
  • Pest Control Expense: 1200.00
  • Trash Expense: 807.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7502.00
  • Price Per Lot Square Foot: 259.93

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 500.00
  • Gross Income: 4200.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 2700.00
  • Maintenance Expense: 4268.00
  • Net Operating Income: 33065.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Operating Expense: 17335.00
  • Other Expense: 966.00
  • Other Expense Description: Repairs
  • Rent Control: No
  • Total Actual Rent: 4200.00

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: Villa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2023
Sold by
Moy Lina N
Bought by
Lina N Moy Trust and Moy
Total Days on Market
9
Current Estimated Value
$3,015,888

Purchase Details

Listed on
Mar 19, 2016
Closed on
Mar 31, 2016
Sold by
Saiki Michael and Jane Kikumi Saiki Revocable Tr
Bought by
Moy Lawrence S and Moy Lina N
Seller's Agent
Adolph James
Beach City Brokers
Buyer's Agent
John Altamura
S C Real Estate
List Price
$1,950,000
Sold Price
$1,950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$1,267,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 25, 2011
Sold by
Saiki Jane Kikumi and Saiki Family Trust
Bought by
Saiki Jane Kikumi and Jane Kikumi Saiki Revocable Tr

Purchase Details

Closed on
Jul 11, 1996
Sold by
Saiki Yoshiro and Saiki Jane K
Bought by
Saiki Yoshiko and Saiki Jane Kikumi
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Lina N Moy Trust -- None Listed On Document
Moy Lawrence S $1,950,000 Fidelity National Title Co
Saiki Jane Kikumi -- None Available
Saiki Yoshiko -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moy Lawrence S $776,300
Previous Owner Moy Lawrence S $1,267,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $1,950,000 0.0% $356 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/19/2016 03/19/16 For Sale $1,950,000 -- $356 / 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 $26,439 $2,308,398 $1,183,794 $1,124,604
2024 $26,439 $2,263,136 $1,160,583 $1,102,553
2023 $25,953 $2,218,762 $1,137,827 $1,080,935
2022 $25,606 $2,175,258 $1,115,517 $1,059,741
2021 $24,989 $2,132,607 $1,093,645 $1,038,962
2020 $25,023 $2,110,741 $1,082,432 $1,028,309
2019 $24,510 $2,069,355 $1,061,208 $1,008,147
2018 $23,849 $2,028,780 $1,040,400 $988,380
2016 $4,510 $294,587 $89,163 $205,424
2015 $4,436 $290,163 $87,824 $202,339
2014 $4,408 $284,480 $86,104 $198,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16060901

California Regional Multiple Listing Service (CRMLS)

APN: 4156-024-024