NOT LISTED FOR SALE
9 Beds
7 Baths
4,337 Sq Ft
7,906 Sq Ft Lot

Last Sold November 16, 2018

Last sale price $1,255,000 $289 Per Sq Ft

154 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Level Lot
  • Col. J. K. Tuffree Middle School Rated A
  • Forced Air Heating System
  • 4-minute walk to Pearl Park

About This Home

As of November 2018

Desirable 4-plex located approximately 1 mile from Cal State Fullerton. High rental demand area. Long-term tenants. Property consists of one 3-bedroom "owner's unit" and three 2-bedroom units in back. 6 car garage. Laundry room with coin operated washer and dryer provides added income (not reflected in stated income figures). Separate electric and gas meters for each unit; additional meter for the laundry room, and external lighting. Some recent work done to the property. Attractively priced. Please note that the property next door, which is a mirror image of this one, is also for sale although they need not be purchased together. Nice shared, central courtyard between the two properties. Note: Rents are low, long-term tenants, refer to pro forma.

Last Agent to Sell the Property

Dick Lobin

Century 21 Affiliated License #00704431 Listed on: 05/17/2018

Century 21 Affiliated

Last Buyer's Agent

Karen Mayer

KM Consulting, Inc. License #01084135

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,906 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Front Yard

Parking

  • 6 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,337 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 4995
  • Assessor Parcel Number 33922203

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $17,250
  • Gross Income $69,000
  • Net Operating Income $51,750

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 33922203
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 289.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level
  • Lot Size Sq Ft: 7906.00
  • Lot Size Acres: 0.1815

Multi Family

  • Gross Income: 69000.00
  • Gross Operating Income: 69000.00
  • Gross Scheduled Income: 69000.00
  • Lot Size Area: 7906.0000 Square Feet
  • Net Operating Income: 51750.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 17250.00
  • Operating Expense Percent: 25.00
  • Rent Control: No
  • Total Expenses: 17250.00

Tax Info

  • Tax Census Tract: 117.11
  • Tax Lot: 30
  • Tax Tract Number: 4995
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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
11/16/2018 11/16/18 Sold $1,255,000 -0.8% $289 / Sq Ft
08/31/2018 08/31/18 Price Changed $1,265,000 -1.6% $292 / Sq Ft
06/12/2018 06/12/18 Price Changed $1,285,000 +0.4% $296 / Sq Ft
05/17/2018 05/17/18 For Sale $1,280,000 -- $295 / 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 $15,602 $1,399,974 $1,241,583 $158,391
2024 $15,602 $1,372,524 $1,217,238 $155,286
2023 $15,342 $1,345,612 $1,193,370 $152,242
2022 $15,223 $1,319,228 $1,169,971 $149,257
2021 $14,972 $1,293,361 $1,147,030 $146,331
2020 $15,010 $1,280,100 $1,135,269 $144,831
2019 $14,487 $1,255,000 $1,113,008 $141,992
2018 $12,348 $1,049,146 $851,625 $197,521
2017 $12,150 $1,028,575 $834,926 $193,649
2016 $9,887 $822,352 $640,260 $182,092
2015 $9,765 $810,000 $630,643 $179,357
2014 $9,003 $750,000 $570,643 $179,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18116636

California Regional Multiple Listing Service (CRMLS)

APN: 339-222-03