NOT LISTED FOR SALE
8 Beds
5 Baths
5,234 Sq Ft
8,714 Sq Ft Lot

Sale Details

Date Sold: December 28, 2018

Last sale price $1,900,000 $363 Per Sq Ft

94 Days on Market

Highlights

  • Dual Staircase
  • Contemporary Architecture
  • Double Pane Windows
  • Garfield Elementary School Rated A-
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of December 2018

Location! Location! Location!
Upscale small apartment complex with 6 units only. easy to manage, fully occupied,Investors delight!
Every unit has been updated with easy care floorings, beautiful kitchen cabinets, double paned windows. Property has been updated with new roof less than 8 years, copper pipe through out,new carport roofing with gutter , new laundry room with brand new coin operated washer and dryer (landlord owned), Well maintained common area with water saving landscape.
Property has to be sold together with 312 N.4th Street.

Last Agent to Sell the Property

Sylvia Chan

STC REALTY License #00935838 Listed on: 08/13/2018

Last Buyer's Agent

Ivan Perez

REALTY WORLD CALIFORNIA PROPERTIES License #01438047

REALTY WORLD CALIFORNIA PROPERTIES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,039

Year Built

  • Built in 1960

Lot Details

  • 8,714 Sq Ft Lot
  • Lot Dimensions are 55x160
  • Two or More Common Walls
  • Wood Fence
  • Block Wall Fence
  • Fence is in average condition
  • Density is 6-10 Units/Acre
  • 5338-028-005

Parking

  • 1 Car Garage
  • 5 Detached Carport Spaces
  • Parking Storage or Cabinetry
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Apartment
  • Composition Roof

Interior Spaces

  • 5,234 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Double Pane Windows
  • Laminate Flooring
  • Gas and Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 220 Volts in Kitchen
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot sect
  • Tax Tract Number 4
  • Assessor Parcel Number 5338028004

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $445
  • Gardener Expense $780
  • Insurance Expense $2,673
  • Professional Management Expense $7,229
  • Trash Expense $2,508
  • Water Sewer Expense $1,804
  • New Taxes Expense $25,200
  • Operating Expense $40,639
  • Gross Income $92,760
  • Net Operating Income $64,201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,039

Year Built

Built in 1960

Lot Details

8,714 Sq Ft Lot

Parking

1

Listing Details

  • Professional Management Expense: 7229.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: No
  • Water Sewer Expenses: 1804.00
  • Zoning: ALRPD*
  • Architectural Style: Contemporary
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 5338028004
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 363.01
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition, Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 5.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Detached Carport
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas & Electric Range
  • Electric: 220 Volts in Kitchen
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 2508.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 5338-028-005
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size: 55X160
  • Lot Size Sq Ft: 8714.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Average2 Bed Area: 840 Square Feet
  • Average3 Bed Area: 900 Square Feet
  • Electric Expense: 445.00
  • Gross Operating Income: 92760.00
  • Gross Scheduled Income: 104840.00
  • Insurance Expense: 2673.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 2400.00
  • Lot Size Area: 8714.0000 Square Feet
  • Net Operating Income: 64201.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Operating Expense: 40639.00
  • Rent Control: No
  • Total Actual Rent: 102440.00
  • Total Expenses: 40639.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 25200.00
  • Tax Census Tract: 4803.04
  • Tax Lot: sect
  • Tax Tract Number: 4
  • Tax Annual Amount: 2039.06
  • Tax Year: 2018

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

Closed on
Oct 9, 2024
Sold by
Bought by

Purchase Details

Closed on
Jan 3, 2022
Sold by
Bought by

Purchase Details

Listed on
Aug 13, 2018
Closed on
Dec 21, 2018
Sold by
Bought by
Seller's Agent
Sylvia Chan
STC REALTY
Buyer's Agent
Ivan Perez
REALTY WORLD CALIFORNIA PROPERTIES
List Price
$2,100,000
Sold Price
$1,900,000
Premium/Discount to List
-$200,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 10, 2006
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
$540,000
Interest Rate
6.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2006
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
$540,000
Interest Rate
6.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2006
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
$540,000
Interest Rate
6.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2002
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
$395,000
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2002
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
$395,000
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2000
Sold by
Bought by

Purchase Details

Closed on
Jan 25, 1996
Sold by
Bought by

Purchase Details

Closed on
Dec 14, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Listed On Document
-- Sirkin Law Group Pc
$1,900,000 Fidelity National Title Comp
$1,037,500 Advantage Title Inc
-- Accommodation
-- Slt
$1,140,000 Southland Title
$618,000 --
-- North American Title Ins Co
-- --
$363,000 Fidelity Title
-- Fidelity 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 $120,000
Previous Owner $540,000
Previous Owner $395,000
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
12/28/2018 12/28/18 Sold $1,900,000 -1.3% $363 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
10/13/2018 10/13/18 Price Changed $1,925,000 -8.3% $368 / Sq Ft
08/13/2018 08/13/18 For Sale $2,100,000 -- $401 / 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 $27,223 $2,119,483 $1,377,665 $741,818
2024 $26,447 $2,077,925 $1,350,652 $727,273
2023 $26,212 $2,037,182 $1,324,169 $713,013
2022 $24,979 $1,997,238 $1,298,205 $699,033
2021 $24,720 $1,958,077 $1,272,750 $685,327
2020 $24,603 $1,938,000 $1,259,700 $678,300
2019 $23,877 $1,900,000 $1,235,000 $665,000
2018 $15,901 $1,176,998 $824,184 $352,814
2016 $14,621 $1,131,296 $792,181 $339,115
2015 $14,412 $1,114,304 $780,282 $334,022
2014 $14,255 $1,092,477 $764,998 $327,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18197458

California Regional Multiple Listing Service (CRMLS)
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