NOT LISTED FOR SALE
8 Beds
4 Baths
2,736 Sq Ft
6,750 Sq Ft Lot

Sale Details

Date Sold: March 23, 2023

Last sale price $710,000 $260 Per Sq Ft

10 Days on Market

Highlights

  • Quartz Countertops
  • Living Room
  • Turnkey
  • No HOA
  • Recessed Lighting
  • Fenced

About This Home

As of March 2023

This great 4-unit Quadplex is the ideal investment opportunity to add to your portfolio. With all new plumbing and electrical, plus remodeled interiors including kitchens, drywall, bathrooms and flooring in 2015 – some units even having had new flooring and paint since then – this property offers a wonderful opportunity for cash flow with additional potential in the rents. Each unit features an open kitchen area with dining, a living room and two bedrooms with one bathroom – plus there's plenty of parking with garages for each unit. Each unit has its own electric and gas meter while the owners pay water and trash. Total current rents for 3 occupied units is $4,165. One unit on rental assistance.

Last Agent to Sell the Property

Denise Free

James Free Broker License #01984636 Listed on: 01/22/2023

Last Buyer's Agent

Peter Han

Expert Realty Group, Inc. License #01906058

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 6,750 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Fence is in average condition

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,736 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Living Room
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Quartz Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 13 / H
  • Tax Tract Number 7012
  • Assessor Parcel Number 0135302090000
  • $743 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,378
  • Trash Expense $1,860
  • Water Sewer Expense $1,920
  • Operating Expense $6,133
  • Gross Income $4,165
  • Net Operating Income $43,847

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

6,750 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • View: No
  • Water Sewer Expenses: 1920.00
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 0135302090000
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Quartz Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 259.50
  • Room Type: Kitchen, Living Room

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Oven, Gas Range, Range Hood
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1860.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 684 Square Feet
  • Gross Income: 4165.00
  • Gross Scheduled Income: 49980.00
  • Insurance Expense: 1378.00
  • Lot Size Area: 6750.0000 Square Feet
  • Net Operating Income: 43847.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 6133.00
  • Rent Control: No
  • Total Actual Rent: 4165.00
  • Total Expenses: 6133.00

Tax Info

  • Tax Block: H
  • Tax Census Tract: 58.00
  • Tax Lot: 13
  • Tax Tract Number: 7012
  • TaxOtherAnnualAssessmentAmount: 743.00

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
Jan 22, 2023
Closed on
Mar 17, 2023
Sold by
Bought by
Seller's Agent
Denise Free
James Free Broker
Buyer's Agent
Peter Han
Expert Realty Group, Inc.
List Price
$689,000
Sold Price
$710,000
Premium/Discount to List
$21,000
3.05%
Views
181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,140
Outstanding Balance
$667,957
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2015
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
$200,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2015
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
$200,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 1994
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 1993
Sold by
Bought by
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
$710,000 First American Title
-- None Available
$161,500 Chicago Title Company
$37,000 United Title Company
-- First Southwestern Title Com
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 $697,140
Previous Owner $190,000
Previous Owner $45,000
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
03/23/2023 03/23/23 Sold $710,000 +3.0% $260 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/22/2023 01/22/23 For Sale $689,000 0.0% $252 / Sq Ft
02/13/2016 02/13/16 Rented $825 0.0% --
02/05/2016 02/05/16 Price Changed $825 -1.2% $0 / Sq Ft
01/02/2016 01/02/16 Price Changed $835 +4.5% $0 / Sq Ft
12/01/2015 12/01/15 For Rent $799 -- --
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 $9,359 $753,458 $74,285 $679,173
2025 $9,359 $738,684 $72,828 $665,856
2024 $9,167 $724,200 $71,400 $652,800
2023 $2,705 $204,809 $40,961 $163,848
2022 $2,708 $200,793 $40,158 $160,635
2021 $2,712 $196,856 $39,371 $157,485
2020 $2,717 $194,837 $38,967 $155,870
2019 $2,638 $191,017 $38,203 $152,814
2018 $2,609 $187,272 $37,454 $149,818
2017 $2,529 $183,600 $36,720 $146,880
2016 $2,453 $180,000 $36,000 $144,000
2015 $958 $72,127 $21,215 $50,912
2014 $6,972 $70,714 $20,799 $49,915
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG23010965

California Regional Multiple Listing Service (CRMLS)

APN: 0135-302-09

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