NOT LISTED FOR SALE
5 Beds
4 Baths
710 Sq Ft
0.46 Acres

Last Sold July 25, 2022

Last sale price $1,100,000 $1,549 Per Sq Ft

14 Days on Market

Highlights

  • 0.46 Acre Lot
  • Wood Flooring
  • Coin Laundry
  • Winston Churchill Middle School Rated A-
  • No HOA
  • High Speed Internet

About This Home

As of July 2022

We are pleased to present 3305 Edison Avenue, a very unique apartment property located In Arden-Arcade. The subject property consists of Six (6) 1 bed/1 bath and One (1) 2bed/1 bath. The subject property has a laundry room on sight with one washer, one dryer and two hot water heaters. The building was constructed in 1959 with wood siding, pitched gravel roofs, dual paned windows and a beautiful two tone paint job. The property sits on a 0.46-acre lot with plenty of parking available and additional land for possible ADU units in the future (Please verify with the city). Each unit is a single-story apartment on the ground floor with large interiors, classic tile kitchen countertops, a pantry area in the kitchen and spacious outdoor patios outside the living room slider door. Edison Avenue Apartments has a residential atmosphere that provides the residents a sense of home while living in a rental community.

Last Agent to Sell the Property

Bryan Finkel

eXp Realty of California Inc. License #01895228 Listed on: 05/12/2022

eXp Realty of California Inc.

Co-Listed By

Matthew Sarro

Collier's International License #01942991

Last Buyer's Agent

Ahrash Zamanian

eXp Realty of California Inc. License #02054063

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions: 139

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Carbon Monoxide Detectors

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 254-0132-009-0000

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Del Paso Park View Subdivision

Amenities

  • Coin Laundry

Building Details

  • 7 Leased Units
  • Net Operating Income $49,388

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 1
  • Year Built: 1959
  • Architectural Style: Ranch
  • Levels: One
  • Stories: 1
  • Subdivision: Del Paso Park View
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile, Laminate, Wood
  • Price Per Square Foot: 216.54

Exterior Features

  • Construction Materials: Frame, Wood
  • Foundation: Slab
  • Listing Price: 1000000.00
  • Lot Features: Curbs/Gutters

Garage/Parking

  • Open Parking Spaces: 7.00
  • Parking Features: Off Street, Uncovered
  • Total Parking Spaces: 7.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater
  • Sewer: In & Connected
  • Utilities: Cable Available, Internet Available
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, In Common Area
  • Water Source: Public
  • Separate Meters: Common Area Meter,Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-20
  • Irrigation: None
  • Lot Size Acres: 0.4600
  • Lot Dimensions: 139 x 158 x 138 x 158
  • Lot Size Sq Ft: 20038.00

Rental Info

  • Owner Occupied Units: 7
  • Total # Leasable: 7

Multi Family

  • Income Includes: Rent Only,Laundry
  • Number of Leased Units: 7
  • Number of Units: 7

Tax Info

  • Assessor Parcel Number: 254-0132-009-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Matterport 3D Tour

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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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
07/25/2022 07/25/22 Sold $1,100,000 +10.0% $1,549 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $1,000,000 -- $1,408 / Sq Ft
Source: MetroList

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 $13,631 $1,144,440 $270,504 $873,936
2024 $13,631 $1,122,000 $265,200 $856,800
2023 $13,284 $1,100,000 $260,000 $840,000
2022 $9,666 $785,421 $273,282 $512,139
2021 $9,505 $770,022 $267,924 $502,098
2020 $4,928 $396,633 $189,380 $207,253
2019 $4,828 $388,857 $185,667 $203,190
2018 $4,771 $381,233 $182,027 $199,206
2017 $4,722 $373,758 $178,458 $195,300
2016 $4,415 $366,430 $174,959 $191,471
2015 $4,339 $360,926 $172,331 $188,595
2014 $4,248 $353,857 $168,956 $184,901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222055619

MetroList