NOT LISTED FOR SALE

227 9th St Gonzales, CA 93926

5 Beds
2 Baths
1,662 Sq Ft
7,000 Sq Ft Lot

Last Sold December 21, 2018

Last sale price $418,000 $252 Per Sq Ft

80 Days on Market

About This Home

As of December 2018

Great opportunity to invest in a duplex in Gonzales. There is a 3 bed 1 bath unit and a 2 bed 1 unit. Both have enclosed carports, laundry hookups and storage areas. Tenants are month to month. Mann Packing, Taylor farms and multiple other Ag businesses are doing business in Gonzales and are currently creating hundreds of new jobs and substantially more demand for rental units where there is little supply. Please make appointment to see units. No sign on property.

Last Agent to Sell the Property

Sean Griffin

KW Coastal Estates License #01466508 Listed on: 09/22/2018

KW Coastal Estates

Last Buyer's Agent

Leidi Godoy

Coldwell Banker/Gay Dales License #01727089

Coldwell Banker/Gay Dales

Property Details

Home Type

  • Multi-Family

Year Built

  • 1939

Lot Details

  • 7,000

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,662 Sq Ft Home
  • 1-Story Property

Parking

  • 3 Parking Spaces
  • 2 Carport Spaces

Additional Features

  • 7,000 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $32,400

Community Details

Overview

  • 1,662 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $500
  • Insurance Expense $550
  • Maintenance Expense $1,100
  • Operating Expense $5,950
  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Year Built

1939

Lot Details

0

Listing Details

  • Zoning: sfr
  • Subclass: Duplex
  • Age: 79
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1662
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1939

Interior Features

  • Living Sq Ft: 1662
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Covered Parking
  • Carport Min: 2

Utilities

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

Schools

  • School District: Gonzales Unified

Lot Info

  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.89
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 550
  • Expense Landscape: 500
  • Expense Maintenance: 1100
  • Expenses Total: 5950
  • Income Annual Gross: 32400.00
  • Income Annual Rental: 32400
  • Income Gross Scheduled: 32400
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management, Maintenance, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

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
12/21/2018 12/21/18 Sold $418,000 -7.1% $252 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
12/06/2018 12/06/18 Price Changed $450,000 -3.2% $271 / Sq Ft
11/07/2018 11/07/18 Price Changed $465,000 -3.1% $280 / Sq Ft
10/16/2018 10/16/18 Price Changed $480,000 -3.8% $289 / Sq Ft
10/05/2018 10/05/18 For Sale $499,000 0.0% $300 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
09/29/2018 09/29/18 Price Changed $499,000 -5.0% $300 / Sq Ft
09/22/2018 09/22/18 For Sale $525,000 -- $316 / 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: ML81724765

MLSListings