NOT LISTED FOR SALE

213 Pearl St King City, CA 93930

8 Beds
4 Baths
900 Sq Ft
0.35 Acres

Last Sold October 11, 2017

Last sale price $550,000 $611 Per Sq Ft

80 Days on Market

Highlights

  • 0.35 Acre Lot
  • Forced Air Heating System
  • 1-Story Property
  • 6 Car Detached Garage

About This Home

As of October 2017

Income Property, Take a look at these 4 units each are 2 bedroom, 1 bath detached single family units on one lot. One of them has been recently updated.

Last Agent to Sell the Property

Danielle Erlina Jacquez

Bengard Realty License #01772191 Listed on: 06/19/2017

Last Buyer's Agent

Jose A. Zamora

Berkshire Hathaway HS Real Time Realty License #01728795

Berkshire Hathaway HS Real Time Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1945

Lot Details

  • 0.35 Acre Lot

Parking

  • 6 Car Detached Garage

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Oven or Range
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $42,600
  • Month-to-Month Lease Term

Community Details

Overview

  • 900 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $120
  • Insurance Expense $725
  • Manager Expense $3,000
  • Other Expense $3,000
  • Operating Expense $9,972
  • Gross Income $42,174

Property Details

Home Type

Multi-Family

Year Built

1945

Lot Details

0

Parking

6

Listing Details

  • Zoning: r4
  • Subclass: Fourplex
  • Age: 72
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1945

Interior Features

  • Kitchen: Oven Range
  • Living Sq Ft: 900
  • Stories: 1
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 6
  • Parking Spaces: 6
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: South Monterey County Joint Union High
  • High School: King City High
  • High School: 37464

Lot Info

  • Lot Acres: 0.3470
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15115.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15115.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 15.85
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 725
  • Expense Landscape: 120
  • Expense Management: 3000
  • Expenses Other: 3000
  • Expenses Total: 9972
  • Income Annual Gross: 42174.00
  • Income Annual Rental: 42600
  • Income Gross Scheduled: 42600
  • Income Includes: Rents
  • Meters: Separate Gas, Separate Water
  • Number Of Buildings: 4
  • Operating Expenses Include: 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
10/11/2017 10/11/17 Sold $550,000 -18.5% $611 / Sq Ft
09/08/2017 09/08/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $675,000 -- $750 / 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: ML81656617

MLSListings

APN: 026-202-003