NOT LISTED FOR SALE
5 Beds
3 Baths
1,368 Sq Ft
5,160 Sq Ft Lot

Last Sold April 14, 2021

Last sale price $600,000 $439 Per Sq Ft

55 Days on Market

About This Home

As of April 2021

Excellent investment opportunity! Located in the Opportunity Zone. Ideal for rental investment or live in one and rent the other. There are two detached houses that have both been recently renovated. The front house is 3br/2ba with newer appliances, water heater, heater, and roof. The back house is 2br/1ba with newer appliances, water heater, roof and windows.

Last Agent to Sell the Property

Kathy Lopez

Real Broker License #01111720 Listed on: 01/25/2021

Real Broker

Last Buyer's Agent

Faranak Sayeri-Abbey

Gaetani Real Estate License #01215499

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 5,160 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • 1,368 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 08001
  • Tax Tract Number 290
  • Assessor Parcel Number 5454621100

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $300
  • Professional Management Expense $1,800
  • Water Sewer Expense $1,500
  • New Taxes Expense $7,500
  • Operating Expense $11,100
  • Gross Income $43,740
  • Net Operating Income $35,035

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • CapRate: 5.00
  • Professional Management Expense: 1800.00
  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Zoning: R-4:MULTIPLE RESIDENTIAL
  • Property Type: Residential Income
  • Parcel Number: 5454621100
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 438.60

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5160.00
  • Lot Size Acres: 0.1100

Multi Family

  • Gross Income: 43740.00
  • Gross Scheduled Income: 43740.00
  • Insurance Expense: 300.00
  • Lot Size Area: 5160.0000 Square Feet
  • Net Operating Income: 35035.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1800.00
  • Rent Control: No
  • Total Expenses: 11100.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Lot: 08001
  • Tax Tract Number: 000290

Range of Values:

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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 Change Sq Ft Price
04/14/2021 04/14/21 Sold $600,000 -4.0% $439 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $625,000 0.0% $457 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/21/2021 02/21/21 For Sale $625,000 0.0% $457 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $625,000 0.0% $457 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $625,000 +58.2% $457 / Sq Ft
10/27/2015 10/27/15 Sold $395,000 -12.2% --
08/27/2015 08/27/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $450,000 -- --
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: PTP2100518

California Regional Multiple Listing Service (CRMLS)