NOT LISTED FOR SALE
3 Beds
6 Baths
2,630 Sq Ft
4,589 Sq Ft Lot

Sale Details

Date Sold: July 10, 2020

Last sale price $1,373,500 $522 Per Sq Ft

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Laundry Facilities
  • Wilson High School Rated A
  • 2 Car Garage
  • Wall Furnace

About This Home

As of July 2020

SOLD BEFORE PROCESSING. 5-Unit Apartment Building in Rose Park. Front house is a 2 bed, 2 bath with 4 units in the rear comprised of (1) one bed, one bath and (3) studios.

Last Agent to Sell the Property

Juan Huizar

Sage Real Estate Group, Inc. License #01417642 Listed on: 07/10/2020

Co-Listed By

Caleb Baldwin

MJ Financial Services Inc License #02056751

Last Buyer's Agent

George Bustamante

Coldwell Banker Commercial License #01484265

Coldwell Banker Commercial
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 4,589 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway Down Slope From Street

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Flat Roof Shape
  • Mixed Roof Materials
  • Composition Roof
  • Clay Roof

Interior Spaces

  • 2,630 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 1951
  • Assessor Parcel Number 7262020012

Community Details

Overview

  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $4,510
  • Insurance Expense $2,450
  • Water Sewer Expense $2,512
  • New Taxes Expense $17,168
  • Operating Expense $26,640
  • Gross Income $88,800
  • Net Operating Income $62,160

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

4,589 Sq Ft Lot

Parking

2

Listing Details

  • Standard Status: Closed
  • CapRate: 4.53
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Rose Park
  • View: No
  • Water Sewer Expenses: 2512.00
  • Zoning: LBCNR
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7262020012
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 522.24

Exterior Features

  • Pool Private: No
  • Roof: Clay, Composition, Flat, Mixed
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Paved, Driveway Down Slope From Street, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4589.00
  • Lot Size Acres: 0.1053

Multi Family

  • Fuel Expense: 4510.00
  • Gross Income: 88800.00
  • Gross Multiplier: 15.47
  • Gross Scheduled Income: 88800.00
  • Insurance Expense: 2450.00
  • Lot Size Area: 4589.0000 Square Feet
  • Net Operating Income: 62160.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 26640.00
  • Operating Expense Percent: 30.00
  • Rent Control: Yes
  • Total Expenses: 26640.00

Tax Info

  • New Taxes Expense: 17168.00
  • Tax Census Tract: 5769.01
  • Tax Lot: 11
  • Tax Tract Number: 1951

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Rose Park, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$100,498 Accommodation/Courtesy Recordi
5Mg Investment Group Inc $1,373,500 First American Title Company
Stambolian Aris Voskan $970,000 Pacific Coast Title Company
Revocab Stambolian Aris Voskan -- Pacific Coast Title
Walker West Holdings Llc $850,000 Pacific Coast Title Company
Revocab Stambolian Aris Voskan -- None Available
Stambolian Aris Voskan $325,000 Lawyers Title
Westmyer Gail L -- Security Union Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $42,000
Previous Owner 5Mg Investment Group Inc $1,236,055
Previous Owner Walker West Holdings Llc $700,000
Previous Owner Westmyer Gail L $215,000
Previous Owner Westmyer Gail L $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2020 07/10/20 Sold $1,373,500 0.0% $522 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $1,373,500 +61.6% $522 / Sq Ft
12/30/2015 12/30/15 Sold $850,000 -14.9% $323 / Sq Ft View Prior Sale
12/05/2015 12/05/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $999,000 -- $380 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $20,114 $1,532,044 $751,183 $780,861
2025 $20,114 $1,502,004 $736,454 $765,550
2024 $19,246 $1,472,554 $722,014 $750,540
2023 $18,919 $1,443,681 $707,857 $735,824
2022 $17,756 $1,415,375 $693,978 $721,397
2021 $17,402 $1,387,623 $680,371 $707,252
2020 $13,228 $1,029,690 $636,724 $392,966
2019 $13,073 $1,009,508 $624,240 $385,268
2018 $12,717 $989,720 $612,000 $377,720
2016 $10,535 $850,000 $550,000 $300,000
2015 $4,519 $339,656 $209,020 $130,636
2014 $4,514 $333,004 $204,926 $128,078
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20135874

California Regional Multiple Listing Service (CRMLS)
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