NOT LISTED FOR SALE
3 Beds
2 Baths
5,550 Sq Ft
0.29 Acres

Last Sold November 27, 2018

Last sale price $1,295,000 $233 Per Sq Ft

36 Days on Market

About This Home

As of November 2018

Much sought after 7 Unit Apartment Building. 6 (2 bedroom, 1 bath units) 1 (1 bedroom, 1 bath separate unit) All fully rented. 7 covered parking spaces. 5 open parking spaces. Lot size 12,450. Improvement Area. Zoning R3. Buyer's to verify square footage and zoning.

Last Agent to Sell the Property

Rehana Doolan

Century 21 Ludecke Inc. License #01361470 Listed on: 10/08/2018

Last Buyer's Agent

Kevin Lee

Coldwell Banker Envision License #01720786

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.29 Acre Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 7 Car Garage

Home Design

  • 5,550 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 621
  • Assessor Parcel Number 8103031023

Community Details

Overview

  • 3 Buildings
  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,100
  • Trash Expense $960
  • Water Sewer Expense $1,800
  • New Taxes Expense $18,687
  • Operating Expense $23,547
  • Gross Income $103,452
  • Net Operating Income $129,315

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0.29 Acres

Parking

7

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 8103031023
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 233.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Total Parking Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 960.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 12450.00
  • Lot Size Acres: 0.2858

Multi Family

  • Gross Income: 103452.00
  • Gross Scheduled Income: 103452.00
  • Insurance Expense: 2100.00
  • Lot Size Area: 12450.0000 Square Feet
  • Net Operating Income: 129315.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 25863.00
  • Operating Expense Percent: 25.00
  • Rent Control: No
  • Total Expenses: 23547.00

Tax Info

  • New Taxes Expense: 18687.00
  • Tax Lot: 3
  • Tax Tract Number: 621
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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 List to Sale Price per Sq Ft
11/27/2018 11/27/18 Sold $1,295,000 0.0% $233 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
10/26/2018 10/26/18 Price Changed $1,295,000 -13.4% $233 / Sq Ft
10/08/2018 10/08/18 For Sale $1,495,000 -- $269 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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 $16,565 $1,113,283 $679,349 $433,934
2024 $16,565 $1,091,455 $666,029 $425,426
2023 $16,254 $1,070,055 $652,970 $417,085
2022 $15,684 $1,049,074 $640,167 $408,907
2021 $15,857 $1,028,505 $627,615 $400,890
2020 $15,813 $1,017,960 $621,180 $396,780
2019 $16,161 $998,000 $609,000 $389,000
2018 $4,119 $152,722 $20,009 $132,713
2016 $3,880 $146,793 $19,233 $127,560
2015 $3,836 $144,589 $18,945 $125,644
2014 $3,780 $141,757 $18,574 $123,183
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18244914

California Regional Multiple Listing Service (CRMLS)
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