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

Sale Details

Date 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

  • 12,450 Sq Ft 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 in unit
  • 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

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
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

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 $18,005 $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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