NOT LISTED FOR SALE
9 Beds
8 Baths
4,966 Sq Ft
8,276 Sq Ft Lot

Last Sold August 05, 2016

Last sale price $1,470,000 $296 Per Sq Ft

36 Days on Market

Highlights

  • Traditional Architecture
  • Granite Countertops
  • Walk-In Closet
  • California Elementary School Rated A
  • No HOA
  • 1-minute walk to Smallwood Park

About This Home

As of August 2016

Great Investment Opportunity. This 4-plex features one 3 bedrooms 2 full upgraded bathrooms with upgraded kitchen and family room, three 2 bedrooms 2 upgraded bathrooms with remodeled kitchen in all units. Tile and Laminate flooring in all units. 2 units on the ground level, and 2 units on the upper level. 3 bedroom unit has a 2 car detached garage and a nice patio, the other 3 units each have a one car detached garage. Granite counter tops in all kitchens and bathrooms, ceiling fans in all family rooms and some bedrooms. Nook area in all units. Newer windows, newer central air and heating. Walk-in closet in all 2 bedroom units.
Fireplace in all units. Well maintained. All units have individual Electricity meter but Gas and Water are not individual. please call listing agent for more information.

Last Agent to Sell the Property

Nancy Aynehchi

First Team Real Estate License #01450929 Listed on: 05/27/2016

First Team Real Estate

Last Buyer's Agent

Nancy Aynehchi

First Team Real Estate License #01450929 Listed on: 05/27/2016

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls
  • Sprinkler System

Parking

  • 5 Car Garage
  • Parking Available
  • Two Garage Doors
  • No Driveway
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Stucco

Interior Spaces

  • 4,966 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Walk-In Closet
  • 8 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 21
  • Tax Tract Number 6260
  • Assessor Parcel Number 13956208

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • New Taxes Expense $14,705
  • Gross Income $8,830
  • Net Operating Income $98,460

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 13956208
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 296.01
  • Room Type: Family Room, Walk-In Closet
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, No Driveway, Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 11.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 8276.00
  • Price Per Lot Square Foot: 177.62

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 8830.00
  • Gross Scheduled Income: 105960.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 98460.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Operating Expense: 7500.00
  • Rent Control: No
  • Total Actual Rent: 8830.00

Tax Info

  • New Taxes Expense: 14705.00
  • Tax Lot: 21
  • Tax Tract Number: 6260
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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 Prior Sale
08/05/2016 08/05/16 Sold $1,470,000 -7.5% $296 / Sq Ft
05/27/2016 05/27/16 For Sale $1,590,000 +23.7% $320 / Sq Ft
11/25/2014 11/25/14 Sold $1,285,000 0.0% $259 / Sq Ft View Prior Sale
11/13/2014 11/13/14 Pending -- -- --
11/04/2014 11/04/14 For Sale $1,285,000 -- $259 / 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 $19,290 $1,706,059 $1,495,750 $210,309
2024 $19,290 $1,672,607 $1,466,421 $206,186
2023 $18,784 $1,639,811 $1,437,667 $202,144
2022 $18,297 $1,607,658 $1,409,477 $198,181
2021 $17,793 $1,576,136 $1,381,840 $194,296
2020 $17,623 $1,559,975 $1,367,671 $192,304
2019 $17,278 $1,529,388 $1,340,854 $188,534
2018 $16,943 $1,499,400 $1,314,562 $184,838
2017 $16,651 $1,470,000 $1,288,786 $181,214
2016 $14,851 $1,304,596 $1,122,772 $181,824
2015 $14,705 $1,285,000 $1,105,907 $179,093
2014 $7,839 $639,433 $441,479 $197,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16114274

California Regional Multiple Listing Service (CRMLS)

APN: 139-562-08