NOT LISTED FOR SALE
-- Bed
-- Bath
10,800 Sq Ft
0.39 Acre Lot

Sale Details

Date Sold: April 5, 2013

Last sale price $1,027,120 $95 Per Sq Ft

9 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • Paso Robles High School Rated A-

About This Home

As of April 2013

Marketing Remarks: 16 unit apartment complex in Paso Robles California. This two story complex offers great off street parking with each unit having a private garage space. The interior courtyard provides the tenants a secure environment and the property shows pride of ownership throughout being very well maintained. This established complex won't last long at a 6.9% CAP!

Last Agent to Sell the Property

Adam Quaglino

McNamara Real Estate License #01864803 Listed on: 02/26/2013

Last Buyer's Agent

Deserie Boutell

Re/Max Olson & Associates License #01433473

Re/Max Olson & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 17,102 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • 10,800 Sq Ft Home
  • Slab Foundation
  • Tar and Gravel Roof
  • Clay Roof

Parking

  • Parking Available
  • Covered Parking
  • Private Parking
  • On-Street Parking
  • On-Site Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Laundry in unit
  • Exterior Lighting

Community Details

  • 16 Units
  • Laundry Facilities
  • Net Operating Income $75,753

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 008061028

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0.39 Acres

Listing Details

  • CapRate: 6.95
  • Subdivision Name Other: PR City Limits West(120)
  • Zoning: R4
  • Property Type: Residential Income
  • Parcel Number: 008061028
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 95.10

Exterior Features

  • Foundation: Slab
  • Roof: Clay, Tar/Gravel

Garage/Parking

  • Parking: Yes
  • Parking Features: Covered, On Site, Private, Street

Utilities

  • Utilities: Cable Available, Phone Connected
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Level with Street, Paved
  • Lot Size Sq Ft: 17102.00
  • Lot Size Acres: 0.3900

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Lot Size Area: 17102.0000 Square Feet
  • Net Operating Income: 75753.00
  • Number Of Units Total: 16
  • Operating Expense: 50821.00

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

Listed on
Feb 26, 2013
Closed on
Mar 15, 2013
Sold by
Bought by
Seller's Agent
Adam Quaglino
McNamara Real Estate
Buyer's Agent
Deserie Boutell
Re/Max Olson & Associates
List Price
$1,090,000
Sold Price
$1,027,120
Premium/Discount to List
-$62,880
-5.77%

Purchase Details

Closed on
Jul 30, 1999
Sold by
Bought by

Purchase Details

Closed on
Aug 26, 1998
Sold by
Bought by
Source: Public Records
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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
-- First American Title Company
-- Chicago Title Company
-- Chicago 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 $750,000
Previous Owner $610,000
Previous Owner $370,000
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
04/05/2013 04/05/13 Sold $1,027,120 -5.8% $95 / Sq Ft
03/07/2013 03/07/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $1,090,000 -- $101 / 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 $13,786 $1,264,811 $209,337 $1,055,474
2024 $13,561 $1,240,012 $205,233 $1,034,779
2023 $13,561 $1,215,699 $201,209 $1,014,490
2022 $13,359 $1,191,863 $197,264 $994,599
2021 $13,131 $1,168,495 $193,397 $975,098
2020 $12,953 $1,156,514 $191,414 $965,100
2019 $12,769 $1,133,838 $187,661 $946,177
2018 $12,595 $1,111,607 $183,982 $927,625
2017 $11,844 $1,089,812 $180,375 $909,437
2016 $11,611 $1,068,444 $176,839 $891,605
2015 $11,568 $1,052,396 $174,183 $878,213
2014 $7,870 $727,193 $188,063 $539,130
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC193871

California Regional Multiple Listing Service (CRMLS)
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