NOT LISTED FOR SALE
12 Beds
8 Baths
6,020 Sq Ft
9,800 Sq Ft Lot

Sale Details

Date Sold: December 30, 2020

Last sale price $800,000 $133 Per Sq Ft

14 Days on Market

About This Home

As of December 2020

8 very clean units with long term tenants who are all current. 2 fourplexes with 2 separate APN's, so it could be financed with 2 separate loans as residential. Must be sold together and must close escrow on or before 12/31/2020. These units are all in very good condition with very good tenants. All units but one is rented and none are late with rent. All units have a garaged parking space. Rents are low for the area and all units could easily have the rents raised. This cash cow even has a coin operated laundry. Great location because it is in walking distance to shopping and schools. It is also very close to the freeway entrance for better commuting. Better hurry and bring all offers.

Last Agent to Sell the Property

Jason Gobeli

Solid Real Estate Solutions License #01832506 Listed on: 11/04/2020

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 9,800 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre
  • Land Lease

Parking

  • 8 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 6,020 Sq Ft Home
  • 1-Story Property
  • Laundry in Garage

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 511
  • Assessor Parcel Number 44618610

Community Details

Overview

  • 4 Buildings
  • 8 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • Electric Expense $1,056
  • Gardener Expense $1,080
  • Trash Expense $1,440
  • Water Sewer Expense $2,244
  • New Taxes Expense $2,877
  • Operating Expense $8,697
  • Gross Income $63,840
  • Net Operating Income $57,468

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

9,800 Sq Ft Lot

Parking

8

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2244.00
  • Zoning: R-3
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 44618610
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 132.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1440.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 9800.00
  • Lot Size Acres: 0.2250

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 1056.00
  • Gross Income: 63840.00
  • Gross Scheduled Income: 63840.00
  • Lot Size Area: 9800.0000 Square Feet
  • Net Operating Income: 57468.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Units Total: 8
  • Operating Expense: 6372.00
  • Rent Control: No
  • Total Expenses: 8697.00

Tax Info

  • New Taxes Expense: 2877.00
  • Tax Census Tract: 33.02
  • Tax Lot: 511

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

Listed on
Nov 4, 2020
Closed on
Dec 8, 2020
Sold by
Bought by
Seller's Agent
Jason Gobeli
Solid Real Estate Solutions
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%

Purchase Details

Listed on
Aug 27, 2014
Closed on
Sep 15, 2014
Sold by
Bought by
Seller's Agent
Bassam Fares
Northridge Homes Inc
Buyer's Agent
Jason Gobeli
Solid Real Estate Solutions
List Price
$420,000
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
May 28, 2013
Sold by
Bought by

Purchase Details

Listed on
Dec 13, 2012
Closed on
Feb 25, 2013
Sold by
Bought by
Seller's Agent
Bassam Fares
Northridge Homes Inc
Buyer's Agent
Bassam Fares
Northridge Homes Inc
List Price
$170,000
Sold Price
$170,000

Purchase Details

Closed on
Jan 14, 2010
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
$800,000 Placer Title Company
$210,000 Old Republic Title Company
-- None Available
$340,000 First American Title Company
-- None Available
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 Prior Sale
12/30/2020 12/30/20 Sold $800,000 -3.0% $133 / Sq Ft
11/04/2020 11/04/20 For Sale $825,000 +96.4% $137 / Sq Ft
10/31/2014 10/31/14 Sold $420,000 0.0% $70 / Sq Ft View Prior Sale
09/03/2014 09/03/14 Pending -- -- --
08/27/2014 08/27/14 For Sale $420,000 +147.1% $70 / Sq Ft
02/28/2013 02/28/13 Sold $170,000 0.0% $56 / Sq Ft View Prior Sale
01/24/2013 01/24/13 Pending -- -- --
12/13/2012 12/13/12 For Sale $170,000 -- $56 / 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 $5,647 $432,971 $48,709 $384,262
2023 $5,432 $416,160 $46,818 $369,342
2022 $5,256 $408,000 $45,900 $362,100
2021 $5,113 $400,000 $45,000 $355,000
2020 $2,991 $230,773 $43,956 $186,817
2019 $2,877 $226,249 $43,095 $183,154
2018 $2,815 $221,813 $42,250 $179,563
2017 $2,768 $217,465 $41,422 $176,043
2016 $2,677 $213,202 $40,610 $172,592
2015 $2,637 $210,000 $40,000 $170,000
2014 $2,157 $170,771 $30,136 $140,635
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: FR20232518

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.