NOT LISTED FOR SALE

22611 Figueroa St Carson, CA 90745

Estimated Value: $852,000 - $1,024,000

12 Beds
9 Baths
5,292 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $850,000 $161 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,775/month

347 Days on Market

About This Home

As of August 2015

Included are the properties at two two six one one through three three Figueroa Street, consisting of 4 parcels, a total of 9 units and 8 garages. The properties are one of the last on the street that have not been converted to higher density apartments or condo buildings. Property may have potential for future buildout while generating an income stream in the meantime. The garages are rented. Many of the tenants are long term. When vacant, units have consistently filled in less than 30 days. The five buildings consist of a 4 unit two story building, a duplex and 3 single family residences. Under current zoning there is a potential for a total of 16 units. The seller will do a substantial credit to the buyer to complete the City of Carson upgrade requirements at transfer. The upgrades will leave the buildings in substantially better condition while being paid for by the seller.

Last Agent to Sell the Property

Paul Sylvester, CCIM

RE/MAX MASTERS REALTY License #00694242 Listed on: 07/27/2011

RE/MAX MASTERS REALTY

Last Buyer's Agent

Paul Sylvester, CCIM

RE/MAX MASTERS REALTY License #00694242 Listed on: 07/27/2011

RE/MAX MASTERS REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.66 Acre Lot

Parking

  • 8 Car Garage

Home Design

  • 5,292 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 9 Bathrooms

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 42317
  • Assessor Parcel Number 7341030032

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 9 Units

Building Details

  • 9 Separate Electric Meters
  • 8 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $2,061
  • Gardener Expense $620
  • Insurance Expense $3,732
  • Maintenance Expense $8,820
  • Trash Expense $2,436
  • Water Sewer Expense $2,296
  • New Taxes Expense $13,750
  • Gross Income $9,785
  • Net Operating Income $80,105

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

8

Listing Details

  • CapRate: 9.42
  • Water Sewer Expenses: 2296.00
  • Property Type: Residential Income
  • Gardener Expense: 620.00
  • Parcel Number: 7341030032
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 160.62

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 15.00

Utilities

  • Trash Expense: 2436.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 28750.00
  • Price Per Lot Square Foot: 29.57
  • Lot Size Acres: 0.6600

Multi Family

  • Electric Expense: 2061.00
  • Gross Income: 9785.00
  • Gross Scheduled Income: 117420.00
  • Insurance Expense: 3732.00
  • Lot Size Area: 28750.0000 Square Feet
  • Maintenance Expense: 8820.00
  • Net Operating Income: 80105.00
  • Number Of Rented Garages: 6
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 9
  • Operating Expense: 37315.00
  • Rent Control: No
  • Total Actual Rent: 9785.00

Tax Info

  • New Taxes Expense: 13750.00
  • Tax Lot: 32
  • Tax Tract Number: 42317
  • Tax Year: 2010

Range of Values:

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Value Increase
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Adjusted for Inflation
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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
08/14/2015 08/14/15 Sold $850,000 -29.2% $161 / Sq Ft
07/08/2012 07/08/12 Pending -- -- --
07/27/2011 07/27/11 For Sale $1,200,000 -- $227 / 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 -- $230,552 $151,738 $78,814
2024 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C11098341

California Regional Multiple Listing Service (CRMLS)

APN: 7341-030-085