$1,750,000

Estimated payment $9,484/month

Total Views 292
9 Beds
8 Baths
4,587 Sq Ft
$382 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace

About This Home

Rare opportunity to acquire a well-located 4-unit apartment property with strong value-add potential. Offered by an ownership group that recently inherited the asset and does not wish to continue operations, creating an excellent opportunity for investors.
Attractively priced for an efficient sale, the property offers the ability to increase value through renovations, unit turnover, and rental growth. Desirable unit mix with spacious floor plans and strong rental demand fundamentals. Current rents are below market, presenting immediate upside potential through interior improvements and operational efficiencies.
Situated on a residential street among similar multifamily properties, the asset benefits from close proximity to employment centers, shopping, dining, and major transportation corridors. Nearby renovated comparable properties have recently sold, further supporting the repositioning opportunity.

Listing Agent

Tim Gorman

Gorman & Associates Brokerage Phone: 714-932-9673 License #01929799 Listed on: 04/30/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,715 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,587 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 5102
  • Assessor Parcel Number 13530208

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,128
  • Fuel Expense $1,128
  • Gardener Expense $2,400
  • Insurance Expense $5,734
  • Maintenance Expense $7,200
  • Other Expense $113
  • Pest Control $1,680
  • Trash Expense $1,692
  • Water Sewer Expense $2,820
  • New Taxes Expense $19,250
  • Operating Expense $43,257
  • Gross Income $66,723
  • Net Operating Income $66,723

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

8,715 Sq Ft Lot

Parking

5

Listing Details

  • Assessments: Yes
  • CapRate: 3.81
  • Property Attached: Yes
  • Water Sewer Expenses: 2820.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 13530208
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 381.51

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Pest Control Expense: 1680.00
  • Sewer: Public Sewer
  • Trash Expense: 1692.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8715.00
  • Lot Size Acres: 0.2001
  • Latitude Manual: 33.83079700

Multi Family

  • Electric Expense: 1128.00
  • Fuel Expense: 1128.00
  • Gross Income: 66723.00
  • Gross Multiplier: 15.50
  • Gross Scheduled Income: 112800.00
  • Insurance Expense: 5734.00
  • Lot Size Area: 8715.0000 Square Feet
  • Maintenance Expense: 7200.00
  • Net Operating Income: 66723.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 43257.00
  • Other Expense: 113.00
  • Other Expense Description: Misc
  • Rent Control: Yes
  • Total Expenses: 43257.00

Tax Info

  • New Taxes Expense: 19250.00
  • Tax Lot: 6
  • Tax Tract Number: 5102

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,229 $198,742 $50,087 $148,655
2024 $3,229 $194,846 $49,105 $145,741
2023 $3,141 $191,026 $48,142 $142,884
2022 $3,086 $187,281 $47,198 $140,083
2021 $3,044 $183,609 $46,272 $137,337
2020 $3,022 $181,727 $45,798 $135,929
2019 $2,967 $178,164 $44,900 $133,264
2018 $2,919 $174,671 $44,020 $130,651
2017 $2,842 $171,247 $43,157 $128,090
2016 $2,794 $167,890 $42,311 $125,579
2015 $2,762 $165,369 $41,676 $123,693
2014 $2,648 $162,130 $40,859 $121,271
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2026 04/30/26 For Sale $1,750,000 -- $382 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26092458

California Regional Multiple Listing Service (CRMLS)

APN: 135-302-08

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