NOT LISTED FOR SALE
2 Beds
3 Baths
9,804 Sq Ft
9,899 Sq Ft Lot

Sale Details

Date Sold: August 19, 2016

Last sale price $2,200,000 $224 Per Sq Ft

41 Days on Market

About This Home

As of August 2016

19 units total: 4 one bed one bath, 2 bachelor apartments, 13 singles. One of the one bed room one bath has been purposefully left but in case the buyer wants to move in, otherwise it can be easily rented. There are 7 parking spots, 5 are covered, 2 are uncovered. There are also 2 garages used for storage as well as a basement. One of the garages is rented out as storage for additional income.

Last Agent to Sell the Property

Alan Uribe

Keller Williams SELA License #02001969 Listed on: 05/03/2016

Keller Williams SELA

Last Buyer's Agent

Alan Uribe

Keller Williams SELA License #02001969 Listed on: 05/03/2016

Keller Williams SELA
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 9,899 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 9,804 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Parking

  • 7 Parking Spaces
  • Parking Available
  • Covered Parking
  • Uncovered Parking

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 16
  • Assessor Parcel Number 5204015012

Community Details

Overview

  • 19 Units

Building Details

  • 18 Leased Units
  • Rent Control
  • 20 Separate Electric Meters
  • 17 Separate Gas Meters
  • Insurance Expense $4,193
  • Other Expense $250
  • Water Sewer Expense $6,000
  • New Taxes Expense $26,250
  • Gross Income $16,462
  • Net Operating Income $156,976

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

9,899 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 6000.00
  • Property Type: Residential Income
  • Parcel Number: 5204015012
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 224.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Covered, Uncovered
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9899.00
  • Price Per Lot Square Foot: 222.24

Multi Family

  • Gross Income: 16462.00
  • Gross Scheduled Income: 197456.00
  • Insurance Expense: 4193.00
  • Net Operating Income: 156976.00
  • Number Of Separate Electric Meters: 20
  • Number Of Separate Gas Meters: 17
  • Number Of Units Leased: 18
  • Number Of Units Total: 19
  • Operating Expense: 34643.00
  • Other Expense: 250.00
  • Other Expense Description: Cleaning
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 26250.00
  • Tax Lot: 11
  • Tax Tract Number: 16

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
Jun 21, 2016
Sold by
Uribe J Trinidad
Bought by
Seller's Agent
Alan Uribe
Keller Williams SELA
Buyer's Agent
Alan Uribe
Keller Williams SELA
List Price
$2,100,000
Sold Price
$2,200,000
Premium/Discount to List
$100,000
4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,540,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2013
Sold by
Uribe J Trinidad
Bought by
Uribe J Trinidad and Uribe Isabel

Purchase Details

Closed on
Apr 4, 2002
Sold by
Uribe J Trinidad
Bought by
Uribe J Trinidad and J Trinidad Uribe Revocable Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$2,200,000 None Available
Uribe J Trinidad -- None Available
Uribe J Trinidad -- --
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 $1,540,000
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
08/19/2016 08/19/16 Sold $2,200,000 +4.8% $224 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $2,100,000 -- $214 / 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 $32,172 $2,604,349 $1,775,694 $828,655
2025 $32,172 $2,553,284 $1,740,877 $812,407
2024 $31,761 $2,503,221 $1,706,743 $796,478
2023 $31,164 $2,454,139 $1,673,278 $780,861
2022 $29,757 $2,406,019 $1,640,469 $765,550
2021 $29,362 $2,358,843 $1,608,303 $750,540
2019 $28,509 $2,291,080 $1,560,600 $730,480
2018 $28,290 $2,246,200 $1,530,000 $716,200
2016 $7,530 $526,551 $363,483 $163,068
2015 $7,438 $518,643 $358,024 $160,619
2014 $7,590 $508,484 $351,011 $157,473
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16095526

California Regional Multiple Listing Service (CRMLS)
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