NOT LISTED FOR SALE
2 Beds
1 Bath
3,258 Sq Ft
7,841 Sq Ft Lot

Last Sold September 17, 2015

Last sale price $875,000 $269 Per Sq Ft

4 Days on Market

Highlights

  • No Units Above
  • Property is near public transit
  • Laundry Room
  • Col. J. K. Tuffree Middle School Rated A
  • No HOA
  • 3-minute walk to Pearl Park

About This Home

As of September 2015

Cap Rate is 4.69 %. Building has been completely replumbed for hot and cold water. All 2 Bedroom / 1 Bath units. Individually metered for both gas and electricity. Private patios and tile floors in every unit. Six enclosed garages. On-site laundry. Near Target and Kohl's, fast food, banks, school, public transportation and the 57 Freeway.

Last Agent to Sell the Property

Bill Webster

SVN / Vanguard License #00885653 Listed on: 07/30/2015

SVN / Vanguard

Last Buyer's Agent

Jun Yu

IRN Realty License #01922667

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,841 Sq Ft Lot
  • Property fronts an alley
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,258 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 5047
  • Assessor Parcel Number 33922216

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $5,080
  • Net Operating Income $40,843

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • Assessments: No
  • CapRate: 4.69
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Property Type: Residential Income
  • Parcel Number: 33922216
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 268.57

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains, Suburban

Lot Info

  • Lot Features: Landscaped, Paved, Sprinkler System, Near Public Transit
  • Lot Size: 7841
  • Lot Size Sq Ft: 7841.00
  • Price Per Lot Square Foot: 111.59
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 5080.00
  • Gross Scheduled Income: 60960.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 40843.00
  • Number Of Rented Garages: 5
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 18288.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Vacancy Allowance: 1829
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 5047

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
09/17/2015 09/17/15 Sold $875,000 +0.6% $269 / Sq Ft
08/03/2015 08/03/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $870,000 -- $267 / 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: PW15166996

California Regional Multiple Listing Service (CRMLS)

APN: 339-222-16