NOT LISTED FOR SALE

Estimated Value: $1,184,508 - $1,249,000

11 Beds
5 Baths
3,256 Sq Ft
$374/Sq Ft Est. Value

Sale Details

Date Sold: March 9, 2022

Last sale price $1,100,000 $338 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,793 / mo

5 Days on Market

Highlights

  • No Units Above
  • 0.8 Acre Lot
  • Detached Carport Space
  • All Bedrooms Downstairs
  • Tile Flooring
  • Chain Link Fence

About This Home

As of March 2022

Attention all investors! This is the one. 5 units with rental income. Easy access to businesses, freeway and shopping.

Last Agent to Sell the Property

Deborah Poole

Pinnacle Estate Properties, In License #01705287 Listed on: 01/21/2022

Pinnacle Estate Properties, In

Last Buyer's Agent

Jose Luiz Morales

RE/MAX Gold Coast REALTORS License #01891119

RE/MAX Gold Coast REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 35,000 Sq Ft Lot
  • Property fronts a county road
  • No Units Above
  • 1 Common Wall
  • Chain Link Fence
  • No Sprinklers

Home Design

  • Property Attached
  • Major Repairs Completed
  • Fixer Upper
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,256 Sq Ft Home
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 11 Bedrooms
  • All Bedrooms Down
  • 5 Bathrooms

Laundry

  • Laundry Located Outside
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Parking

  • 8 Parking Spaces
  • Detached Carport Space
  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Tract Number 50
  • Assessor Parcel Number 1450190040

Community Details

Overview

  • 3 Buildings
  • 5 Units
  • Cloverdale Subdivision 0394

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Insurance Expense $2,000
  • Trash Expense $800
  • Water Sewer Expense $1,500
  • New Taxes Expense $2,922
  • Operating Expense $7,222
  • Gross Income $69,600
  • Net Operating Income $3,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.8 Acres

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: County Road
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1500.00
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 1450190040
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 337.84
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport, Driveway
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Oven
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Kitchen, Outside
  • Sewer: Public Sewer
  • Trash Expense: 800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 35000.00
  • Lot Size Acres: 0.8035

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 69600.00
  • Gross Scheduled Income: 5800.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 35000.0000 Square Feet
  • Net Operating Income: 3800.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 2000.00
  • Rent Control: No
  • Total Actual Rent: 5800.00
  • Total Expenses: 7222.00

Tax Info

  • New Taxes Expense: 2922.00
  • Tax Tract Number: 50.03

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 21, 2022
Closed on
Feb 7, 2022
Sold by
Bought by
Seller's Agent
Deborah Poole
Pinnacle Estate Properties, In
Buyer's Agent
Jose Luiz Morales
RE/MAX Gold Coast REALTORS
List Price
$11,000,000
Sold Price
$1,100,000
Premium/Discount to List
-$9,900,000
-90%
Current Estimated Value
$1,216,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,754
Avg. Annual Appreciation
2.36%
Original Mortgage
$770,000
Interest Rate
0.0392%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2011
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
$249,000
Interest Rate
0.0437%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 2011
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
$249,000
Interest Rate
0.0437%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2006
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 2001
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
$1,100,000 Lawyers Title
-- Ticor Title Company Of Ca
$226,000 Ticor Title Company Of Ca
-- None Available
-- --
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
Closed $2,100,000
Closed $1,344,000
Closed $770,000
Closed $249,000
Closed $20,000
Closed $19,908
Closed $10,000
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
03/09/2022 03/09/22 Sold $1,100,000 -90.0% $338 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $11,000,000 -- $3,378 / Sq Ft
Source: Ventura County Regional Data Share

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 $15,106 $1,167,175 $424,483 $742,692
2024 $15,106 $1,144,339 $416,160 $728,179
2023 $14,880 $1,121,950 $408,000 $713,950
2022 $2,934 $92,282 $33,427 $58,855
2021 $2,923 $90,473 $32,772 $57,701
2020 $2,841 $89,547 $32,437 $57,110
2019 $2,815 $87,792 $31,801 $55,991
2018 $2,784 $86,072 $31,178 $54,894
2017 $2,719 $84,385 $30,567 $53,818
2016 $2,694 $82,731 $29,968 $52,763
2015 $2,671 $81,490 $29,519 $51,971
2014 $2,637 $79,896 $28,942 $50,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-10265

Ventura County Regional Data Share

APN: 145-0-190-040

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