NOT LISTED FOR SALE
Studio
10 Baths
5,535 Sq Ft
2,526 Sq Ft Lot

Last Sold December 30, 2015

Last sale price $875,000 $158 Per Sq Ft

111 Days on Market

About This Home

As of December 2015

Great downtown investment property. 10 of 12 OYOs. All units are corner units with light on two sides. New owner can sell units individual or apply for condo conversion. Close to Pine Avenue, light rail and shopping.

Last Agent to Sell the Property

Phil Appleby

Appleby Real Estate Brokerage License #00938382 Listed on: 09/08/2015

Last Buyer's Agent

Marty Stone

BUCKINGHAM INVESTMENTS License #00416755

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 2,520 Sq Ft Lot
  • 1 Common Wall
  • Density is 16-20 Units/Acre

Home Design

  • 5,535 Sq Ft Home
  • Property Attached

Additional Features

  • 10 Bathrooms
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 4 / 62
  • Tax Tract Number 4455

Community Details

Overview

  • 10 Units

Building Details

  • 10 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Maintenance Expense $2,500
  • Professional Management Expense $21,000
  • New Taxes Expense $9,384
  • Gross Income $7,285
  • Net Operating Income $49,504

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

2,520 Sq Ft Lot

Listing Details

  • Professional Management Expense: 21000.00
  • Property Attached: Yes
  • Subdivision Name Other: Willmore District (WM)
  • Property Type: Residential Income
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Three Or More
  • Price Per Square Foot: 158.08

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Electricity Available, Sewer Connected, Sewer Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1750.00
  • Community Features: Urban

Lot Info

  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 2520.00
  • Price Per Lot Square Foot: 347.22
  • Lot Size Acres: 0.0580

Multi Family

  • Average Studio Area: 400
  • Gross Income: 7285.00
  • Gross Scheduled Income: 84420.00
  • Lot Size Area: 2520.0000 Square Feet
  • Maintenance Expense: 2500.00
  • Net Operating Income: 49504.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 34914.00
  • Rent Control: No
  • Total Actual Rent: 7285.00

Tax Info

  • New Taxes Expense: 9384.00
  • Tax Block: 62
  • Tax Lot: 4
  • Tax Tract Number: 4455
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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
12/30/2015 12/30/15 Sold $875,000 -4.9% $158 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $920,000 0.0% $166 / Sq Ft
01/21/2015 01/21/15 Rented $695 0.0% --
01/21/2015 01/21/15 For Rent $695 -7.3% --
12/19/2014 12/19/14 Rented $750 0.0% --
12/19/2014 12/19/14 For Rent $750 0.0% --
12/11/2014 12/11/14 Rented $750 -5.7% --
11/11/2014 11/11/14 Under Contract -- -- --
10/21/2014 10/21/14 For Rent $795 +14.4% --
08/22/2014 08/22/14 Rented $695 -12.6% --
08/22/2014 08/22/14 For Rent $795 0.0% --
02/15/2012 02/15/12 Sold $262,000 -4.4% $137 / Sq Ft View Prior Sale
01/30/2012 01/30/12 Pending -- -- --
01/07/2012 01/07/12 For Sale $274,000 -- $143 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $27,411 $2,096,154 $503,076 $1,593,078
2024 $27,411 $2,055,054 $493,212 $1,561,842
2023 $26,929 $2,014,760 $483,542 $1,531,218
2022 $15,896 $1,186,356 $284,724 $901,632
2021 $15,535 $1,163,095 $279,142 $883,953
2020 $14,059 $1,031,527 $247,566 $783,961
2019 $13,890 $1,011,302 $242,712 $768,590
2018 $13,584 $991,473 $237,953 $753,520
2016 $8,243 $584,115 $140,186 $443,929
2015 $7,940 $575,342 $138,081 $437,261
2014 $7,945 $553,554 $132,852 $420,702
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15198156

California Regional Multiple Listing Service (CRMLS)

APN: 7280-011-004

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