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

Sale Details

Date 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
  • Landscaped
  • 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 in unit
  • 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

7,841 Sq Ft Lot

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 Rate: 3.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 5047

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

Closed on
Aug 6, 2018
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
$497,000
Interest Rate
0.0525%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 23, 2018
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
$497,000
Interest Rate
0.0525%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 30, 2015
Closed on
Aug 25, 2015
Sold by
Bought by
Seller's Agent
Bill Webster
SVN / Vanguard
Buyer's Agent
Jun Yu
IRN Realty
List Price
$870,000
Sold Price
$875,000
Premium/Discount to List
$5,000
0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
0.0487%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 29, 2013
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
$455,000
Interest Rate
0.0388%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 14, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 1994
Sold by
Bought by
Source: Public Records
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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
-- Old Republic Title
-- None Available
$871,500 First American Title Company
$650,000 Fidelity National Title Oran
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- --
-- --
$1,000 California Counties Title Co
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
Open $927,500
Closed $497,000
Previous Owner $510,000
Previous Owner $468,000
Previous Owner $455,000
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
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

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 $11,779 $1,031,558 $896,324 $135,234
2024 $11,779 $1,011,332 $878,749 $132,583
2023 $11,577 $991,502 $861,518 $129,984
2022 $11,482 $972,061 $844,625 $127,436
2021 $11,293 $953,001 $828,063 $124,938
2020 $11,319 $943,230 $819,573 $123,657
2019 $10,933 $924,736 $803,503 $121,233
2018 $10,802 $906,604 $787,748 $118,856
2017 $10,629 $888,828 $772,302 $116,526
2016 $10,420 $871,400 $757,158 $114,242
2015 $8,162 $662,987 $550,897 $112,090
2014 $7,925 $650,000 $540,105 $109,895
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

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