NOT LISTED FOR SALE
14 Beds
8 Baths
6,080 Sq Ft
9,982 Sq Ft Lot

Last Sold December 20, 2023

Last sale price $1,740,000 $286 Per Sq Ft

50 Days on Market

Highlights

  • Fireplace in Bathroom
  • Main Floor Bedroom
  • Den
  • Contemporary Architecture
  • No HOA
  • Laundry Room

About This Home

As of December 2023

Well maintained 6 unit apartment building with great rent potential. Impressive units unit mix consisting of 2-3bedroom plus den 2 bath, 4-2bedroom 1 bath units. all units have separate water heaters and are separately meter for gas and electricity.

Last Agent to Sell the Property

Luigi Joseph DiMassa

Califano Realty License #00515753 Listed on: 08/27/2023

Last Buyer's Agent

John Katnik

BRC Advisors- BH License #02002695

BRC Advisors- BH

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 9,982 Sq Ft Lot
  • Lot Dimensions are 50x200
  • 1 Common Wall
  • Block Wall Fence
  • Stucco Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • On-Hand Building Permits

Home Design

  • Contemporary Architecture
  • Apartment
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 6,080 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods
  • Window Screens
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 14 Bedrooms
  • Main Floor Bedroom
  • 8 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 14 Open Parking Spaces
  • 14 Parking Spaces
  • Driveway
  • Paved Parking
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available

Additional Features

  • Doors swing in
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 919 / 65
  • Tax Tract Number 2523
  • Assessor Parcel Number 7410006047
  • $2,068 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,782
  • Insurance Expense $4,954
  • Professional Management Expense $6,143
  • Water Sewer Expense $2,206
  • New Taxes Expense $23,000
  • Operating Expense $43,685
  • Gross Income $1,080
  • Net Operating Income $77,407

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 325000
  • Professional Management Expense: 6143.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security Lights
  • View: No
  • Water Sewer Expenses: 2206.00
  • Zoning: LAR3
  • Architectural Style: Contemporary
  • Property Condition: Building Permit
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7410006047
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: ground
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Bath, Dining Room, Living Room
  • Levels: One, Two
  • Price Per Square Foot: 286.18
  • Room Type: Den, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Drapes, Screens

Exterior Features

  • Foundation: Concrete Perimeter, Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block, Stucco Wall
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Parking Features: Driveway, Concrete, Paved, Off Street, Parking Space, Street, Uncovered
  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 14.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Water Heater, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Dryer Included, Gas & Electric Dryer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street, Level, Paved
  • Lot Size: 50X200
  • Lot Size Sq Ft: 9982.00
  • Lot Size Acres: 0.2292

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 896 Square Feet
  • Average3 Bed Area: 1232 Square Feet
  • Electric Expense: 3782.00
  • Gross Income: 1080.00
  • Gross Operating Income: 122869.00
  • Gross Scheduled Income: 129336.00
  • Insurance Expense: 4954.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1080.00
  • Lot Size Area: 9982.0000 Square Feet
  • Net Operating Income: 77407.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Number With Carpet: 7
  • Number With Disposal: 7
  • Number With Drapes: 7
  • Operating Expense: 45462.00
  • Operating Expense Percent: 37.00
  • Rent Control: Yes
  • Total Actual Rent: 10688.00
  • Total Expenses: 43685.00
  • Vacancy Allowance: 6467
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 23000.00
  • Tax Area: 19
  • Tax Block: 65
  • Tax Census Tract: 2933.04
  • Tax Lot: 919
  • Tax Tract Number: 2523
  • Tax Year: 2022
  • TaxOtherAnnualAssessmentAmount: 2068.00

Range of Values:

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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 Change Sq Ft Price
12/20/2023 12/20/23 Sold $1,740,000 -10.8% $286 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
08/27/2023 08/27/23 For Sale $1,950,000 +83.1% $321 / Sq Ft
07/12/2012 07/12/12 Sold $1,065,000 -11.2% $175 / Sq Ft
07/01/2012 07/01/12 Pending -- -- --
10/07/2010 10/07/10 For Sale $1,199,000 -- $197 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23160302

California Regional Multiple Listing Service (CRMLS)