NOT LISTED FOR SALE

Estimated Value: $823,000 - $911,000

5 Beds
4 Baths
2,746 Sq Ft
$316/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $800,000 $291 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,457/month

8 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Carpet
  • Wall Furnace
  • Brick Fence

About This Home

As of June 2022

245 W 73rd St is a 4 unit property on a 6,341 lot Sq.Ft. corner lot zoned LAR2. The property is compromised of 3 separate buildings. Front house consists of 2 Bedroom / 1 Bath unit, middle two story building consists of two 1 Bedroom / 1 Bath. The last building in the back consists of 1 Bedroom / 1 Bath on top of (4) single car garages. Each unit is separately metered for gas and electricity. This property is close to the 105 fwy, 110 fwy, and 10 fwy and a variety of transit stations off on S broadway & W Florence Ave. Buyer's can negotiate cash for keys with tenants.

Last Agent to Sell the Property

Evelyn Baez Gonzalez

Lyon Stahl Investment Real Estate, Inc. License #02103055 Listed on: 05/02/2022

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Olga Wright

Lyon Stahl Investment Real Estate, Inc. License #01315042

Last Buyer's Agent

Diana Hernandez

Century 21 Allstars License #01814655

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,525

Year Built

  • Built in 1907

Lot Details

  • 6,341 Sq Ft Lot
  • 1 Common Wall
  • Brick Fence
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,746 Sq Ft Home
  • Split Level Home
  • Property Attached
  • No Roof

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace
  • Standard Electricity

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 24
  • Tax Tract Number 24
  • Assessor Parcel Number 6031002019
  • $5,863 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,373
  • Maintenance Expense $2,064
  • Water Sewer Expense $3,200
  • New Taxes Expense $10,000
  • Operating Expense $16,637
  • Gross Income $50,052
  • Net Operating Income $33,415

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,525

Year Built

Built in 1907

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 4.05
  • Price Per Unit: 200000
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 3200.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6031002019
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: No
  • Levels: Multi/Split
  • Price Per Square Foot: 291.33
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition, Brick
  • Pool Private: No
  • Roof: None
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6341.00
  • Lot Size Acres: 0.1456

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 50052.00
  • Gross Multiplier: 15.50
  • Gross Operating Income: 50052.00
  • Gross Scheduled Income: 51600.00
  • Insurance Expense: 1373.00
  • Lot Size Area: 6341.0000 Square Feet
  • Maintenance Expense: 2064.00
  • Net Operating Income: 33415.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 16637.00
  • Rent Control: Yes
  • Total Actual Rent: 4300.00
  • Total Expenses: 16637.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Census Tract: 2396.01
  • Tax Lot: 24
  • Tax Tract Number: 24
  • TaxOtherAnnualAssessmentAmount: 5863.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2024
Sold by
Fosado Ricardo
Bought by
Genfox73rd Llc
Current Estimated Value
$866,522

Purchase Details

Closed on
Jun 4, 2004
Sold by
Hymy Corp
Bought by
Guerrero Jose L

Purchase Details

Closed on
Apr 3, 2003
Sold by
Sandoval Joseph J
Bought by
Hymy Corp

Purchase Details

Closed on
Dec 17, 2001
Sold by
Sandoval Maureen
Bought by
Sandoval Joseph J

Purchase Details

Closed on
Oct 4, 2001
Sold by
World Of Life Ministry Of The Inland Emp
Bought by
Sandoval Joseph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,678
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2000
Sold by
Hud
Bought by
The World Of Life Ministry Of The Inland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.82%

Purchase Details

Closed on
Sep 22, 2000
Sold by
Wells Fargo Home Mtg Inc
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.82%

Purchase Details

Closed on
Oct 7, 1997
Sold by
Orchack Rodriguez Mario and Orchack Leon Manuel
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Aug 8, 1997
Sold by
The Church Of God Pentecostal Inc
Bought by
Broadway Community Pentecostal Church

Purchase Details

Closed on
May 15, 1996
Sold by
Leon Manuel Orchack
Bought by
Rodriguez Mario

Purchase Details

Closed on
Feb 14, 1996
Sold by
Desantos Rafael
Bought by
Orchack Rodriguez Mario and Orchack Leon Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,700
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 1995
Sold by
Berkeley Federal Bank & Trust Fsb
Bought by
Desantos Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
7.38%

Purchase Details

Closed on
May 24, 1995
Sold by
Jones Lillian Dorothy and First Federal Bank Of Californ
Bought by
Berkeley Federal Bank & Trust Fsb
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Genfox73rd Llc -- None Listed On Document
Guerrero Jose L $360,000 --
Hymy Corp $228,500 --
Sandoval Joseph J -- Lawyers Title Company
Sandoval Joseph J $215,000 Lawyers Title Company
The World Of Life Ministry Of The Inland $165,000 Provident Title
Hud -- Fidelity National Title Ins
Norwest Mtg Inc $26,066 Fidelity National Title Ins
Broadway Community Pentecostal Church -- --
Rodriguez Mario -- United Title
Orchack Rodriguez Mario $260,000 First American Title Co
Desantos Rafael $106,090 Continental Lawyers Title Co
Berkeley Federal Bank & Trust Fsb $108,573 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sandoval Joseph J $211,678
Previous Owner The World Of Life Ministry Of The Inland $168,000
Previous Owner Orchack Rodriguez Mario $240,700
Previous Owner Desantos Rafael $76,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2022 06/21/22 Sold $800,000 0.0% $291 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $800,000 -- $291 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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
2025 $10,525 $866,000 $586,000 $280,000
2024 $10,525 $832,320 $541,008 $291,312
2023 $10,327 $816,000 $530,400 $285,600
2022 $6,154 $482,307 $207,660 $274,647
2021 $11,420 $472,851 $203,589 $269,262
2020 $11,476 $468,004 $201,502 $266,502
2019 $11,247 $458,828 $197,551 $261,277
2018 $5,756 $449,832 $193,678 $256,154
2016 $5,485 $432,366 $186,158 $246,208
2015 $5,408 $425,872 $183,362 $242,510
2014 $5,450 $417,531 $179,771 $237,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22090345

California Regional Multiple Listing Service (CRMLS)

APN: 6031-002-019