NOT LISTED FOR SALE
8 Beds
5 Baths
3,486 Sq Ft
7,841 Sq Ft Lot

Last Sold February 10, 2016

Last sale price $1,495,000 $429 Per Sq Ft

36 Days on Market

About This Home

As of February 2016

Strong Cash Flow and Upside in the existing rents on this well maintained 4-plex in Campbell! 3 2bd/1ba's & 1 2bd/2ba Unit, 100% Occupied! 4 Covered Parking Spaces. Property Tour is Scheduled on 1/19 from 10-11:30am.

Last Agent to Sell the Property

Steven Peterson

INFINITY INVESTMENTS License #01746140 Listed on: 12/19/2015

Last Buyer's Agent

Steven Peterson

INFINITY INVESTMENTS License #01746140 Listed on: 12/19/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 4 Car Attached Garage
  • 3 Carport Spaces
  • Assigned Parking

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,486 Sq Ft Home
  • 2-Story Property
  • Security Lights

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $90,900

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $1,221
  • Maintenance Expense $1,975
  • Other Expense $601
  • Utility Expense $2,188
  • Trash Expense $1,580
  • Operating Expense $22,545
  • Gross Income $90,382

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Parking

4

Listing Details

  • Zoning: R-2
  • Subclass: Fourplex
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3486
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3486
  • Stories: 2
  • Security: Security Lights

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Attached Garage
  • Carport Min: 3

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7840.80
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7840.80

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.13
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1221
  • Expense Maintenance: 1975
  • Expenses Other: 601
  • Expenses Total: 22545
  • Expenses Utility: 2188
  • Expense Trash: 1580
  • Income Annual Gross: 90382.00
  • Income Annual Rental: 90900
  • Income Gross Scheduled: 92227
  • Income Includes: Coin Operated Equip, Laundry
  • Income Other: 1327
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
02/10/2016 02/10/16 Sold $1,495,000 +7.2% $429 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
12/19/2015 12/19/15 For Sale $1,395,000 -- $400 / 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: ML81545329

MLSListings

APN: 305-31-031