NOT LISTED FOR SALE

Estimated Value: $1,833,000 - $2,263,000

5 Beds
5 Baths
4,344 Sq Ft
$480/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $1,550,000 $357 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $12,701/month

118 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Open Floorplan
  • Wood Flooring
  • Woodrow Wilson High School Rated A
  • Craftsman Architecture
  • No HOA

About This Home

As of January 2021

SUBMIT, SUBMIT, SUBMIT.TAKING BACKUP OFFERS SUBJECT TO CANCELLATION OF EXISTING ESCROW.
UNIQUE PROPERTY IN GREAT LOCATION. BEAUTIFUL CRAFTSMAN SFR ON CORNER LOT. 2 BR 1 BA 1,456 SQ FT. ORIGINAL BUILT-INS, HARDWOOD FLOORS, INSIDE LAUNDRY, 2 TANDUM PARKING SPACES. PLUS 2 STORY TRI-PLEX, 3 LARGE ONE BEDROOM 1 BATH UNITS, APPROXIMATELY 960 SQ FT. HARDWOOD FLOORS THROUGHOUT. PLUS COMMON LAUNDRY. PLUS 600 SQ FT COMMERICAL OFFICE (PERMITTED) WITH BATHROOM. ALL UNITS SEPERATELY METERED FOR GAS & ELECTRIC.

Last Agent to Sell the Property

Howard Flowers

Coldwell Banker Realty License #00590574 Listed on: 09/15/2020

Coldwell Banker Realty

Last Buyer's Agent

Victor Palacios

Coldwell Banker West License #02112300

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 6,751 Sq Ft Lot
  • Lot Dimensions are 135x50
  • 1 Common Wall
  • East Facing Home
  • Fenced
  • Fence is in average condition
  • Level Lot
  • Sprinkler System
  • On-Hand Building Permits

Home Design

  • Craftsman Architecture
  • Property Attached
  • Asbestos Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,344 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Wood Frame Window
  • Wood Flooring
  • Gas Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 5 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting
  • Shed

Utilities

  • Floor Furnace
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 21 / A
  • Assessor Parcel Number 7264004023

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units
  • Belmont Heights Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Professional Management Expense $600
  • Trash Expense $125
  • Water Sewer Expense $225
  • Operating Expense $950
  • Gross Income $9,450

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: THREE REFRIGERATORS AND 4 STOVES
  • Professional Management Expense: 600.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Belmont Heights (BH)
  • View: No
  • Water Sewer Expenses: 225.00
  • Zoning: LBCNP
  • Architectural Style: Craftsman
  • Property Condition: Building Permit
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7264004023
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Built-in Features, Living Room Balcony, Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Levels: One, Two
  • Price Per Square Foot: 356.81
  • Room Type: All Bedrooms Down, Laundry
  • Window Features: Wood Frames

Exterior Features

  • Direction Faces: East
  • Foundation: Concrete Perimeter
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Water Heater, Gas Oven, Gas Water Heater
  • Electric: Standard
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Common Area, Individual Room
  • Sewer: Sewer Paid
  • Trash Expense: 125.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999, Sprinkler System
  • Lot Size: 135X50
  • Lot Size Sq Ft: 6751.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 960 Square Feet
  • Average2 Bed Area: 960 Square Feet
  • Average3 Bed Area: 960 Square Feet
  • Gross Income: 9450.00
  • Gross Scheduled Income: 113400.00
  • Insurance Expense: 1500.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6751.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Number With Range: 4
  • Number With Refrigerator: 3
  • Rent Control: Yes
  • Total Actual Rent: 9450.00
  • Total Expenses: 950.00

Tax Info

  • Tax Block: A
  • Tax Census Tract: 5772.00
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2004
Sold by
Gorsuch Eugene and Gorsuch Karen
Bought by
Gorsuch Eugene A and Eugene A Gorsuch Living Trust
Current Estimated Value
$2,086,220

Purchase Details

Closed on
Jan 24, 1994
Sold by
Anderson Don A
Bought by
Gorsuch Eugene and Gorsuch Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
8.52%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Gorsuch Eugene A -- --
Gorsuch Eugene $300,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gorsuch Eugene $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2021 01/22/21 Sold $1,550,000 -8.8% $357 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
09/15/2020 09/15/20 For Sale $1,700,000 -- $391 / 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 $21,247 $1,677,769 $1,082,432 $595,337
2024 $21,247 $1,644,872 $1,061,208 $583,664
2023 $20,896 $1,612,620 $1,040,400 $572,220
2022 $19,610 $1,581,000 $1,020,000 $561,000
2021 $5,290 $380,310 $268,722 $111,588
2020 $5,275 $376,411 $265,967 $110,444
2019 $5,216 $369,031 $260,752 $108,279
2018 $4,994 $361,796 $255,640 $106,156
2016 $4,572 $347,749 $245,714 $102,035
2015 $4,399 $342,527 $242,024 $100,503
2014 $4,383 $335,819 $237,284 $98,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20189649

California Regional Multiple Listing Service (CRMLS)

APN: 7264-004-023