$2,249,000

Estimated payment $12,938/month

Total Views 4,578
10 Beds
5 Baths
3,911 Sq Ft
$575 Price per Sq Ft

Highlights

  • Wood Flooring
  • Private Yard
  • Laundry Room
  • Washington Elementary School Rated A+
  • Side by Side Parking
  • Forced Air Heating System

About This Home

First time on the market in nearly 50 years. Sitting on an elevated SE corner lot, with tremendous on-street parking, plus direct in and out parking to each garage along the west edge of the property, corner of MacKay Lane and Marshallfield Lane. The property is well kept and upgraded, in a bright and sunny, great quiet location. With two 3 bedroom units and two 2 bedroom units, one with a grassy rear yard, this is a bread and butter cash flowing property. One of the units is an owners separate cottage that consists of 3 beds 2 baths and has its own fenced in grassy front yard, with a private single car garage and apron. We have stable, longer term, tenants who pay on time. All tenants are getting a 7% rent bump on July 1st, 2025. Rents below market with excellent future upside. Please do not disturb tenants, subject to inspection.

Listing Agent

Robb Stroyke

Bayside Brokerage Phone: 310-938-6008 License #00940891 Listed on: 05/15/2025

Co-Listing Agent

Bryn Stroyke

Bayside Brokerage Phone: 310-938-6008 License #00855690

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,478

Year Built

  • Built in 1952

Lot Details

  • 7,502 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 6 Car Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Side by Side Parking
  • Two Garage Doors
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Quadruplex

Interior Spaces

  • 3,911 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 11 / 81
  • Tax Tract Number 3
  • Assessor Parcel Number 4158003011
  • $1,448 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,520
  • Trash Expense $2,269
  • Operating Expense $29,961
  • Gross Income $107,100
  • Net Operating Income $77,138

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,478

Year Built

Built in 1952

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Price Per Unit: 562250
  • Property Attached: Yes
  • View: No
  • Zoning: RBR-2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4158003011
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Entry Level: 1
  • Price Per Square Foot: 575.04

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Two Door, Garage Door Opener, On Site, Shared Driveway, Side by Side
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Trash Expense: 2269.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7502.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas

Multi Family

  • Gross Income: 107100.00
  • Gross Scheduled Income: 107100.00
  • Insurance Expense: 2520.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 3085.00
  • Lot Size Area: 7502.0000 Square Feet
  • Net Operating Income: 77138.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 29961.00
  • Rent Control: No
  • Total Actual Rent: 8925.00
  • Total Expenses: 29961.14

Tax Info

  • Tax Block: 81
  • Tax Census Tract: 6206.02
  • Tax Lot: 11
  • Tax Tract Number: 003
  • TaxOtherAnnualAssessmentAmount: 1448.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $5,478 $366,889 $155,128 $211,761
2023 $5,394 $359,696 $152,087 $207,609
2022 $5,328 $352,644 $149,105 $203,539
2021 $5,215 $345,731 $146,182 $199,549
2020 $5,217 $342,187 $144,684 $197,503
2019 $5,126 $335,479 $141,848 $193,631
2018 $4,949 $328,902 $139,067 $189,835
2016 $4,715 $316,132 $133,668 $182,464
2015 $4,636 $311,385 $131,661 $179,724
2014 $4,605 $305,286 $129,082 $176,204
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $2,249,000 -- $575 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25102145

California Regional Multiple Listing Service (CRMLS)

APN: 4158-003-011