NOT LISTED FOR SALE
12 Beds
8 Baths
5,932 Sq Ft
9,910 Sq Ft

Last Sold February 13, 2023

Last sale price $2,600,000 $438 Per Sq Ft

4 Days on Market

Highlights

  • 0.23 Acre Lot
  • Madison Elementary School Rated A+
  • Laundry Room

About This Home

As of February 2023

The subject property consists of 4 2bedroom 1 bath and 4 1bedroom 1bath apartments total of 8 units. The building and separately metered for electric and gas. Plenty of parking each unit has its own garage.

Last Agent to Sell the Property

Tony Salazar

AMC Realty License #01179492 Listed on: 09/08/2022

Last Buyer's Agent

Tony Salazar

AMC Realty License #01179492 Listed on: 09/08/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 9,909 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 5,932 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 5 / 27
  • Tax Tract Number 2
  • Assessor Parcel Number 4153020003
  • $2,882 per year additional tax assessments

Community Details

Overview

  • 8 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,500
  • Professional Management Expense $4,480
  • Trash Expense $200
  • Water Sewer Expense $500
  • Operating Expense $9,680
  • Gross Income $149,828
  • Net Operating Income $132,428

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

9,909 Sq Ft Lot

Parking

8

Listing Details

  • Professional Management Expense: 4480.00
  • Property Attached: Yes
  • Water Sewer Expenses: 500.00
  • Zoning: RBR-3
  • Property Type: Residential Income
  • Parcel Number: 4153020003
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 438.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9909.00
  • Lot Size Acres: 0.2275

Multi Family

  • Gross Income: 149828.00
  • Gross Scheduled Income: 149828.00
  • Insurance Expense: 4500.00
  • Lot Size Area: 9909.0000 Square Feet
  • Net Operating Income: 132428.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 17400.00
  • Rent Control: No
  • Total Expenses: 9680.00

Tax Info

  • Tax Block: 27
  • Tax Census Tract: 6205.21
  • Tax Lot: 5
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 2882.00
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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 List to Sale Price per Sq Ft
02/13/2023 02/13/23 Sold $2,600,000 -13.3% $438 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $2,999,900 -- $506 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $32,042 $2,705,040 $1,144,440 $1,560,600
2024 $32,042 $2,652,000 $1,122,000 $1,530,000
2023 $39,644 $3,345,600 $2,346,000 $999,600
2022 $14,746 $1,071,663 $551,932 $519,731
2021 $14,439 $1,050,651 $541,110 $509,541
2019 $14,185 $1,021,240 $525,061 $496,179
2018 $13,731 $1,001,251 $514,766 $486,485
2016 $13,231 $960,691 $494,778 $465,913
2015 $13,003 $946,261 $487,346 $458,915
2014 $12,882 $927,726 $477,800 $449,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22196928

California Regional Multiple Listing Service (CRMLS)
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