$3,535,000
SOLD OCT 9, 2019
16 Beds
20 Baths
10,350 Sq Ft
6,146 Sq Ft Lot

Recently Sold

$342 Per Sq Ft

9% Below List Price

154 Days on Market

About This Home

As of October 2019

One of the finest apartment units with 100% occupancy with many original tenants. These Flower apartments were built in 1985 consisting of 13 Studios and 7 1BD/1BA units. Flooring , baseboards, counter tops, pain, plumbing and Electrical fixtures are few of the improvements.
Units 1,7,12,19 & 20 have been converted without permits from studios to 1 BD/1BA by adding an interior wall.
Units 1,10,11 & 20 are larger corner 1 BD/1BA units.
Units 7,12 and 19 are smaller 1 BD/1BA units. All of them individual water heaters.
The property has gated access and parking with 2 laundry rooms.

Last Agent to Sell the Property

J.R. Shah

Century 21 Discovery License #01116918 Listed on: 04/01/2019

Century 21 Discovery

Last Buyer's Agent

Ruben Khorsandi

Alliance Investment RE Group License #01085411

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 6,146 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 20 Car Garage

Home Design

  • 10,350 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 20 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 101
  • Assessor Parcel Number 00820327

Community Details

Building Details

  • 20 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,100
  • Gardener Expense $1,480
  • Insurance Expense $4,200
  • Professional Management Expense $3,600
  • Supplies Expense $2,100
  • Trash Expense $7,500
  • Water Sewer Expense $7,100
  • New Taxes Expense $41,000
  • Operating Expense $64,480
  • Gross Income $248,000
  • Net Operating Income $178,560

Additional Features

  • 20 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Parking

20

Listing Details

  • Professional Management Expense: 3600.00
  • Property Attached: Yes
  • Supplies Expense: 2100.00
  • Water Sewer Expenses: 7100.00
  • Property Type: Residential Income
  • Gardener Expense: 1480.00
  • Parcel Number: 00820327
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 341.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 20.00
  • Total Parking Spaces: 20.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Community, In Garage
  • Sewer: Public Sewer
  • Trash Expense: 7500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6146.00
  • Lot Size Acres: 0.1411

Multi Family

  • Electric Expense: 1100.00
  • Gross Income: 248000.00
  • Gross Scheduled Income: 248000.00
  • Insurance Expense: 4200.00
  • Lot Size Area: 6146.0000 Square Feet
  • Net Operating Income: 178560.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 20
  • Number Of Units Total: 20
  • Operating Expense: 69440.00
  • Rent Control: No
  • Total Actual Rent: 248000.00
  • Total Expenses: 64480.00

Tax Info

  • New Taxes Expense: 41000.00
  • Tax Census Tract: 749.01
  • Tax Lot: 5
  • Tax Tract Number: 101

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Range of Values:

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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 Change Sq Ft Price
04/10/2025 04/10/25 For Sale $4,975,000 +40.7% $481 / Sq Ft
10/09/2019 10/09/19 Sold $3,535,000 -9.2% $342 / Sq Ft
10/08/2019 10/08/19 For Sale $3,895,000 0.0% $376 / Sq Ft
09/02/2019 09/02/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $3,895,000 -1.4% $376 / Sq Ft
04/01/2019 04/01/19 For Sale $3,950,000 +48.5% $382 / Sq Ft
01/30/2015 01/30/15 Sold $2,660,000 -3.8% $257 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $2,765,000 -- $267 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19072917

California Regional Multiple Listing Service (CRMLS)

APN: 008-203-27