NOT LISTED FOR SALE

Estimated Value: $1,968,000 - $2,774,000

9 Beds
6 Baths
994 Sq Ft
$2,439/Sq Ft Est. Value

Sale Details

Date Sold: April 9, 2020

Last sale price $1,900,000 $1,911 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $15,241 / mo

15 Days on Market

About This Home

As of April 2020

SELLER IS ALSO SELLING : "2715 Rockefeller Ln" . Seller is doing a 1031 exchange. Buyer must cooperate with coordination of both properties closing around the same time. This 4 unit property consist of 1 three bedroom house and 3 two bedroom units . Relative to other comparable properties that have traded in the last 12 months and properties on the market, this investment boast a 4.36% cap rate with actual rents and expenses which is significantly greater than its competition. Owners have taken good care of the property over the years. Detailed offering memorandum by request. Tours subject to accepted offer.

Last Agent to Sell the Property

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 02/03/2020

Last Buyer's Agent

Dean Thomas

License #00711417

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,963

Parking

  • 4 Car Garage

Interior Spaces

  • 994 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Additional Features

  • 6,963 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4153-016-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

6,963 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 994
  • Stories: 2
  • Year Built: 1954
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 1961.77

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Heating: Natural Gas

Lot Info

  • Assessed Improvement Value: 367967
  • Assessed Land Value: 671000
  • Assessor Parcel Number: 4153-016-019
  • Geocode Override: No
  • Lot Size Area: 6963

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.16
  • Number Of Units: 4
  • Type Of Units: Apartments

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

Closed on
Sep 23, 2020
Sold by
Bought by
Current Estimated Value
$2,424,279

Purchase Details

Listed on
Feb 3, 2020
Closed on
Mar 3, 2020
Sold by
Bought by
Seller's Agent
Jonathan Weir
Marcus & Millichap
Buyer's Agent
Dean Thomas
List Price
$1,950,000
Sold Price
$1,900,000
Premium/Discount to List
-$50,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$425,000
Interest Rate
0.034%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
0.0605%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 1994
Sold by
Bought by

Purchase Details

Closed on
Aug 17, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
-- None Listed On Document
$1,900,000 Fidelity National Title Co
-- Lsi
-- --
-- World Title Company
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
Open $1,365,000
Previous Owner $425,000
Previous Owner $635,000
Previous Owner $216,000
Previous Owner $200,000
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
04/09/2020 04/09/20 Sold $1,900,000 -2.6% $1,911 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $1,950,000 -- $1,962 / Sq Ft
Source: The MLS

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 $24,856 $2,077,924 $1,421,738 $656,186
2024 $23,770 $2,037,181 $1,393,861 $643,320
2023 $23,332 $1,997,237 $1,366,531 $630,706
2022 $23,020 $1,938,000 $1,326,000 $612,000
2021 $22,477 $1,919,684 $1,313,468 $606,216
2020 $13,646 $1,102,558 $712,070 $390,488
2019 $13,374 $1,080,940 $698,108 $382,832
2018 $13,000 $1,059,746 $684,420 $375,326
2016 $12,535 $1,018,596 $657,844 $360,752
2015 $12,306 $1,003,297 $647,963 $355,334
2014 $12,159 $983,645 $635,271 $348,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-550276

The MLS

APN: 4153-016-019

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