NOT LISTED FOR SALE
13 Beds
180 Baths
5,346 Sq Ft
7,389 Sq Ft Lot

Sale Details

Date Sold: July 31, 2018

Last sale price $2,000,000 $374 Per Sq Ft

119 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Laundry Room
  • Washington Elementary School Rated A
  • Cooling System Mounted To A Wall/Window
  • Rectangular Lot

About This Home

As of July 2018

Location! Location! Location! Large six units complex. Approximately 5,346 square feet of building area. Eight parking space. One 3 bedrooms 1.75 baths and Five 2 bedrooms 1 bath. Individual laundry room and storage room. New exterior paints. Very good location close to Chinese Supermarket and shopping district. Long term tenants and easy to manage. No rent control. Great potential for Investor/investment or Owens occupy. Please drive by only. Do not contact tenants or walk on the property. Great opportunity to own an apartment. Offers subject to inspection.

Last Agent to Sell the Property

Steven Shih

KO TAI REALTY License #00905902 Listed on: 03/27/2018

KO TAI REALTY

Last Buyer's Agent

KARL KOW

Sunshine International Inv., Inc. License #01004742

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,389 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot

Home Design

  • Property Attached

Interior Spaces

  • 5,346 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Mountain Views
  • Fire and Smoke Detector
  • Gas Cooktop

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 180 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4
  • Tax Tract Number 811
  • Assessor Parcel Number 5367030018

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $436
  • Fuel Expense $2,166
  • Gardener Expense $1,365
  • Insurance Expense $2,134
  • Maintenance Expense $4,656
  • Other Expense $275
  • Trash Expense $2,480
  • Water Sewer Expense $2,789
  • New Taxes Expense $26,400
  • Operating Expense $42,893
  • Gross Income $514
  • Net Operating Income $67,420

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

7,389 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 2789.00
  • Zoning: SLR3*
  • Property Type: Residential Income
  • Gardener Expense: 1365.00
  • Parcel Number: 5367030018
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 374.11

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Spa: No

Utilities

  • Utilities: Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 2480.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot, Level
  • Lot Size Sq Ft: 7389.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 436.00
  • Fuel Expense: 2166.00
  • Gross Income: 514.00
  • Gross Scheduled Income: 110313.00
  • Insurance Expense: 2134.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 514.00
  • Maintenance Expense: 4656.00
  • Net Operating Income: 67420.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 42893.00
  • Other Expense: 275.00
  • Other Expense Description: advertis
  • Other Income Description: Laundry
  • Rent Control: No
  • Total Actual Rent: 9150.00
  • Total Expenses: 42893.00

Tax Info

  • New Taxes Expense: 26400.00
  • Tax Census Tract: 4811.02
  • Tax Lot: 4
  • Tax Tract Number: 811

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
Mar 27, 2018
Closed on
Jul 26, 2018
Sold by
Bought by
Seller's Agent
Steven Shih
KO TAI REALTY
Buyer's Agent
KARL KOW
Sunshine International Inv., Inc.
List Price
$2,200,000
Sold Price
$2,000,000
Premium/Discount to List
-$200,000
-9.09%

Purchase Details

Closed on
Jan 3, 2008
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
$700,000
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 11, 2001
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
$366,275
Interest Rate
6.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 2001
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
$366,275
Interest Rate
6.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 1999
Sold by
Bought by

Purchase Details

Closed on
Mar 14, 1996
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
$2,000,000 Lawyers Title
-- Ort
$1,150,000 Ort
$950,000 United Title Company-La
-- American Title Co
$455,000 American Title Co
$350,000 United Title
-- --
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
Previous Owner $700,000
Previous Owner $366,275
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
07/31/2018 07/31/18 Sold $2,000,000 -4.8% $374 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
07/06/2018 07/06/18 Price Changed $2,100,000 -4.5% $393 / Sq Ft
03/27/2018 03/27/18 For Sale $2,200,000 -- $412 / 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 $32,200 $2,231,033 $1,561,724 $669,309
2024 $30,696 $2,187,288 $1,531,102 $656,186
2023 $30,171 $2,144,401 $1,501,081 $643,320
2022 $28,936 $2,102,355 $1,471,649 $630,706
2021 $28,728 $2,061,134 $1,442,794 $618,340
2020 $28,321 $2,040,000 $1,428,000 $612,000
2019 $29,498 $2,000,000 $1,400,000 $600,000
2018 $19,164 $1,327,562 $996,251 $331,311
2016 $18,206 $1,276,013 $957,566 $318,447
2015 $17,958 $1,256,847 $943,183 $313,664
2014 $17,817 $1,232,228 $924,708 $307,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18070086

California Regional Multiple Listing Service (CRMLS)
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