NOT LISTED FOR SALE
11 Beds
11 Baths
6,150 Sq Ft
1959 Built

Last Sold May 23, 2017

Last sale price $2,100,000 $341 Per Sq Ft

1 Day on Market

Highlights

  • Wood Flooring
  • No HOA
  • Floor Furnace
  • Woodrow Wilson High School Rated A
  • Laundry Room

About This Home

As of May 2017

Location, location, location!!! Prime Belmont Heights location. Lovely, charming two story, 9 unit building built in 1959. Large roomy units, each with their own gas and electric meter. 5 garages, four in the back off the alley and one in the front. Owner operated laundry room.

Last Agent to Sell the Property

Donna Herman

Keller Williams Coastal Prop. License #01835954 Listed on: 03/15/2017

Keller Williams Coastal Prop.

Last Buyer's Agent

ANDREA DAY

MOVOTO License #01945338

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,503 Sq Ft Lot
  • Two or More Common Walls
  • Sprinkler System
  • Density is 11-15 Units/Acre

Parking

  • 5 Car Garage
  • Parking Available
  • Single Garage Door
  • Assigned Parking

Home Design

  • Apartment

Interior Spaces

  • 6,150 Sq Ft Home
  • 2-Story Property
  • Gas Cooktop
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Bathrooms

Utilities

  • Floor Furnace
  • Wall Furnace
  • Overhead Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 7257022006

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Amenities

  • Laundry Facilities

Building Details

  • 9 Leased Units
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • New Taxes Expense $22,500
  • Operating Expense $27,300
  • Gross Income $96,900
  • Net Operating Income $95,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

5

Listing Details

  • Other Phone Description: 562-716-7716
  • Other Phone Number: 562-716-7716
  • Property Attached: Yes
  • Road Surface Type: Alley Paved, Maintained, Paved
  • Subdivision Name Other: Belmont Heights (BH)
  • Water Sewer Expenses: 2400.00
  • Zoning: LBR2A
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7257022006
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 341.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Garage - Single Door
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Sprinkler System, Utilities - Overhead
  • Lot Size Sq Ft: 6503.00

Multi Family

  • Average1 Bed Area: 650 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 96900.00
  • Gross Scheduled Income: 123000.00
  • Insurance Expense: 1200.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1200.00
  • Net Operating Income: 95700.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Operating Expense: 27300.00
  • Rent Control: No
  • Total Actual Rent: 10300.00
  • Total Expenses: 27300.00

Tax Info

  • New Taxes Expense: 22500.00
  • Tax Census Tract: 5768.02
  • Tax Lot: 5

Range of Values:

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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
05/23/2017 05/23/17 Sold $2,100,000 +16.7% $341 / Sq Ft
04/06/2017 04/06/17 For Sale $1,800,000 -14.3% $293 / Sq Ft
03/20/2017 03/20/17 Off Market $2,100,000 -- --
03/16/2017 03/16/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $1,800,000 -- $293 / Sq Ft
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: PW17053509

California Regional Multiple Listing Service (CRMLS)