NOT LISTED FOR SALE
4 Beds
2 Baths
3,144 Sq Ft
8,603 Sq Ft Lot

Last Sold January 28, 2022

Last sale price $480,000 $153 Per Sq Ft

11 Days on Market

Highlights

  • Hiking Trails
  • Park
  • 5-minute walk to Jefferson Park
  • Cooling Available
  • Heating System Uses Natural Gas

About This Home

As of January 2022

Nice 5 Units rental property. Rear house is a three bedrooms with separate yard and entrance plus four one bedroom units. All four one bedroom units completely remodeled. Great for a starter investor. A lot of parking. Close to shopping centers, the 99 and 58 freeways and parks.

Last Agent to Sell the Property

Frank Rodriguez

Casa Bella Realty Group License #01173842 Listed on: 12/15/2021

Last Buyer's Agent

Craig Delahooke

Berkshire Hathaway HomeServices California Properties License #01942024

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 8,601 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage

Interior Spaces

  • 3,144 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 26
  • Tax Tract Number 1029
  • Assessor Parcel Number 12632012005
  • $2,887 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 5 Units

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Trash Expense $1,200
  • Water Sewer Expense $2,588
  • New Taxes Expense $6,612
  • Operating Expense $12,800
  • Gross Income $48,000
  • Net Operating Income $35,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

8,601 Sq Ft Lot

Parking

6

Listing Details

  • CapRate: 6.21
  • Property Attached: No
  • Water Sewer Expenses: 2588.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 12632012005
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 152.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Hiking, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8601.00
  • Lot Size Acres: 0.1975

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 48000.00
  • Gross Operating Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Gross Spendable Income: 11.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 8601.0000 Square Feet
  • Net Operating Income: 35200.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 12800.00
  • Rent Control: No
  • Total Expenses: 12800.00

Tax Info

  • New Taxes Expense: 6612.00
  • Tax Census Tract: 14.00
  • Tax Lot: 26
  • Tax Tract Number: 1029
  • TaxOtherAnnualAssessmentAmount: 2887.00
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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
01/28/2022 01/28/22 Sold $480,000 -9.3% $153 / Sq Ft
12/15/2021 12/15/21 For Sale $529,000 -- $168 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,193 $604,584 $90,202 $514,382
2024 $11,193 $592,731 $88,434 $504,297
2023 $10,870 $581,109 $86,700 $494,409
2022 $5,830 $204,701 $57,313 $147,388
2021 $4,373 $110,974 $56,190 $54,784
2020 $4,373 $198,632 $55,614 $143,018
2019 $5,080 $198,632 $55,614 $143,018
2018 $4,939 $190,920 $53,455 $137,465
2017 $4,810 $187,177 $52,407 $134,770
2016 $3,117 $183,508 $51,380 $132,128
2015 $3,114 $180,753 $50,609 $130,144
2014 $3,032 $177,213 $49,618 $127,595
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21265224

California Regional Multiple Listing Service (CRMLS)
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