NOT LISTED FOR SALE
-- Bed
-- Bath
12,698 Sq Ft
0.98 Acres

Last Sold September 19, 2014

Last sale price $2,600,000 $205 Per Sq Ft

232 Days on Market

About This Home

As of September 2014

20 Units. 18 two bedrooms and two one bedrooms easy to rent. Seller will sell or trade. Income approximately $19,800 a month. More information to follow. This is a great property with great upside. Seller says the footings are strong enough to add a second story. Check with City to see if you can add on going up and maybe do a condo conversion. Drive by only do not disturb tenants. $237,600 annual gross income after March 1, 2014 increase. $7K for insurance annually, $1,800 electricity annually, $120 gas annually, $3,000 a year gardener annually, $7,800 a year manager annually. New property taxes should be about .012 % of purchase price. $237,600 annual gross income after March 1, 2014 increase. $7K for insurance annually, $1,800 electricity annually, $120 gas annually, $3,000 a year gardener annually, $7,800 a year manager annually. Water and Trash is $24,000 a year combined. New property taxes should be about .012 % of purchase price.

Last Agent to Sell the Property

Albert Goldberg

Albert Goldberg License #01067575 Listed on: 01/29/2014

Last Buyer's Agent

Craig Lieberman

Apartment Investment Specialists, Inc License #00682741

Apartment Investment Specialists, Inc

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.98 Acre Lot

Listing and Financial Details

  • Tenant pays for cable TV, water, gas, electricity
  • Assessor Parcel Number 2030120050

Community Details

Overview

  • 20 Units

Building Details

  • 21 Separate Electric Meters
  • 21 Separate Gas Meters
  • 21 Separate Water Meters
  • Electric Expense $1,800
  • Fuel Expense $120
  • Gardener Expense $3,600
  • Insurance Expense $7,000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: Apartment 10+ U
  • Property Type: Residential Income
  • Gardener Expense: 3600.00
  • Parcel Number: 2030120050
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Levels: One

Exterior Features

  • Pool Private: No
  • Spa: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 42807.00
  • Lot Size Acres: 0.9827

Rental Info

  • Tenant Pays: Cable TV, Water, Gas, Electricity

Multi Family

  • Electric Expense: 1800.00
  • Fuel Expense: 120.00
  • Insurance Expense: 7000.00
  • Lot Size Area: 42807.0000 Square Feet
  • Number Of Separate Electric Meters: 21
  • Number Of Separate Gas Meters: 21
  • Number Of Separate Water Meters: 21
  • Number Of Units Total: 20

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
09/19/2014 09/19/14 Sold $2,600,000 -13.3% $205 / Sq Ft
09/18/2014 09/18/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $3,000,000 -- $236 / Sq Ft
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-214004058

Ventura County Regional Data Share

APN: 203-0-120-050