NOT LISTED FOR SALE
4 Beds
8 Baths
3,872 Sq Ft
8,980 Sq Ft Lot

Sale Details

Date Sold: October 5, 2012

Last sale price $561,000 $145 Per Sq Ft

106 Days on Market

Highlights

  • Laundry Room
  • Bungalow
  • Floor Furnace

About This Home

As of October 2012

Excellent opportunity 8 Units good solid tenants. Area is in demand, close to shopping airport, and bus routes. Some cosmetic work is needed but overall units are in good condition. The front consist of 1 bedroom apartment and in the rear you have two stories were the singles are located. there is a 4 car garage in the back with alley access.

Last Agent to Sell the Property

Gustavo Gutierrez

TRT CAPITAL License #01203315 Listed on: 02/08/2012

Last Buyer's Agent

Linda Johnson

The Service Company Realty License #00890693

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 8,980

Parking

  • 4 Car Garage

Home Design

  • 3,872 Sq Ft Home
  • Bungalow
  • Frame Construction
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 8 Bathrooms

Additional Features

  • Laundry Room
  • 8,980 Sq Ft Lot
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 74
  • Tax Tract Number 550
  • Assessor Parcel Number 4024038008

Community Details

Overview

  • 2 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 9 Separate Water Meters
  • Electric Expense $720
  • Insurance Expense $2,700
  • Trash Expense $1,080
  • Water Sewer Expense $1,320
  • New Taxes Expense $8,187
  • Gross Income $5,800
  • Net Operating Income $54,873

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

8,980 Sq Ft Lot

Parking

4

Listing Details

  • View: No
  • Water Sewer Expenses: 1320.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 4024038008
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Levels: One
  • Price Per Square Foot: 144.89

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 1080.00

Lot Info

  • Lot Size Sq Ft: 8980.00
  • Lot Size Acres: 0.2100

Multi Family

  • Electric Expense: 720.00
  • Gross Income: 5800.00
  • Gross Scheduled Income: 69900.00
  • Insurance Expense: 2700.00
  • Lot Size Area: 8980.0000 Square Feet
  • Net Operating Income: 54873.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 9
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 14727.00
  • Rent Control: No
  • Total Actual Rent: 5800.00

Tax Info

  • New Taxes Expense: 8187.00
  • Tax Lot: 74
  • Tax Tract Number: 550
  • Tax Year: 2011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$834,000
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$834,000
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2017
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 2014
Sold by
Bought by

Purchase Details

Listed on
Feb 8, 2012
Closed on
Oct 2, 2012
Sold by
Bought by
Seller's Agent
Gustavo Gutierrez
TRT CAPITAL
Buyer's Agent
Linda Johnson
The Service Company Realty
List Price
$555,000
Sold Price
$561,000
Premium/Discount to List
$6,000
1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2003
Sold by
Bought by

Purchase Details

Closed on
Feb 8, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,400
Interest Rate
8.15%
Mortgage Type
Commercial
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- Ticor Title Company Of Calif
-- None Available
-- None Available
-- None Available
$561,000 North American Title Company
-- Accommodation
-- None Available
$197,000 Commonwealth Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $834,000
Previous Owner $420,000
Previous Owner $325,000
Previous Owner $341,000
Previous Owner $182,000
Previous Owner $175,000
Previous Owner $8,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/05/2012 10/05/12 Sold $561,000 +1.1% $145 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $555,000 -- $143 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,112 $690,819 $419,912 $270,907
2024 $10,312 $677,275 $411,679 $265,596
2023 $10,206 $663,996 $403,607 $260,389
2022 $10,361 $650,978 $395,694 $255,284
2021 $10,285 $638,215 $387,936 $250,279
2020 $9,878 $632,352 $383,959 $248,393
2019 $9,723 $619,967 $376,431 $243,536
2018 $9,622 $607,825 $369,050 $238,775
2016 $9,076 $583,570 $354,720 $228,850
2015 $8,988 $574,805 $349,392 $225,413
2014 $9,006 $563,546 $342,548 $220,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12017888

California Regional Multiple Listing Service (CRMLS)
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