NOT LISTED FOR SALE
1 Bed
2 Baths
4,140 Sq Ft
2,503 Sq Ft Lot

Last Sold February 28, 2014

Last sale price $900,000 $217 Per Sq Ft

17 Days on Market

Highlights

  • 0.06 Acre Lot
  • Colonial Architecture
  • Floor Furnace
  • Dual Staircase
  • Laundry Room
  • 3-minute walk to Cesar E Chavez Park

About This Home

As of February 2014

Property has had extensive updating. 90% new copper, paint carpet, window coverings, updated kitchens and baths. Many with new hardwood floors. Laundry room + storage area in basement. Intercom system and secure front and rear door.

Last Agent to Sell the Property

Marty Stone

BUCKINGHAM INVESTMENTS License #00416755 Listed on: 06/11/2013

Last Buyer's Agent

Linda D'Ambrosi

Vista Sotheby's International Realty License #01404613

Vista Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 2,503 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Colonial Architecture
  • Property Attached

Interior Spaces

  • 4,140 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Center Hall
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Parking

  • Parking Available
  • No Driveway

Outdoor Features

  • Exterior Lighting

Utilities

  • Floor Furnace
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7278022016

Community Details

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $190
  • Maintenance Expense $120
  • Professional Management Expense $100
  • Trash Expense $150
  • Water Sewer Expense $200
  • New Taxes Expense $900
  • Gross Income $6,950
  • Net Operating Income $59,900

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 6.30
  • Professional Management Expense: 100.00
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • Water Sewer Expenses: 200.00
  • Architectural Style: Colonial
  • Property Type: Residential Income
  • Parcel Number: 7278022016
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet, Vinyl
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 217.39
  • Room Type: Center Hall

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: No Driveway

Utilities

  • Utilities: Electricity Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Trash Expense: 150.00

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 2503.00
  • Lot Size Acres: 0.0570

Multi Family

  • Gross Income: 6950.00
  • Gross Multiplier: 11.40
  • Gross Scheduled Income: 82800.00
  • Gross Spendable Income: 59900.00
  • Insurance Expense: 190.00
  • Lot Size Area: 2503.0000 Square Feet
  • Maintenance Expense: 120.00
  • Net Operating Income: 59900.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 20400.00
  • Rent Control: No
  • Total Actual Rent: 6900.00

Tax Info

  • New Taxes Expense: 900.00
  • Tax Lot: 1
  • Tax Tract Number: 1
  • Tax Year: 2012

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 Prior Sale
02/28/2014 02/28/14 Sold $900,000 -4.8% $217 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
06/11/2013 06/11/13 For Sale $945,000 +81.7% $228 / Sq Ft
05/15/2012 05/15/12 Sold $520,000 -64.7% $126 / Sq Ft View Prior Sale
03/13/2012 03/13/12 Pending -- -- --
10/25/2011 10/25/11 For Sale $1,473,000 -- $356 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $14,763 $1,103,262 $772,286 $330,976
2024 $14,763 $1,081,631 $757,144 $324,487
2023 $14,500 $1,060,424 $742,299 $318,125
2022 $13,620 $1,039,633 $727,745 $311,888
2021 $13,323 $1,019,249 $713,476 $305,773
2020 $13,288 $1,008,799 $706,161 $302,638
2019 $13,131 $989,019 $692,315 $296,704
2018 $12,820 $969,628 $678,741 $290,887
2016 $11,799 $931,979 $652,386 $279,593
2015 $11,336 $917,981 $642,587 $275,394
2014 -- $532,807 $368,867 $163,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN13111244

California Regional Multiple Listing Service (CRMLS)