NOT LISTED FOR SALE
12 Beds
8 Baths
5,932 Sq Ft
9,909 Sq Ft Lot Lot

Sale Details

Date 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

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
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

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
2025 $33,463 $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

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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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