NOT LISTED FOR SALE

Estimated Value: $518,385 - $598,000

1 Bed
3 Baths
1,325 Sq Ft
$417/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $532,000 $402 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,936/month

9 Days on Market

Highlights

  • 0.36 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Block Wall Fence
  • No HOA
  • Laundry Room
  • Level Lot

About This Home

As of May 2024

Welcome to this rare investment opportunity in the heart of a charming neighborhood! Built in 1903, this triplex offers tremendous potential for the savvy investor. The property features three gas meters, three electric meters, and one water meter, providing convenience and flexibility for each unit.
The triplex includes a one-bedroom, one-bathroom unit with its own indoor laundry, perfect for a cozy and private living space. Additionally, there are two spacious studio units with on-site laundry facilities, offering comfort and convenience to tenants. Situated on a 15,681 sq ft flat and usable lot, this property presents endless possibilities, including the potential to build two additional ADUs. Surrounded by smaller homes and lots, this triplex stands out as a hidden gem in the neighborhood. Don't miss out on this incredible opportunity to maximize the potential of this triplex and make it a valuable addition to your investment portfolio. Contact me today to schedule a showing and explore the possibilities! All property details including description, square feet, building permits, lot size, etc. are not guaranteed and are the responsibility of the buyer to do their own due diligence.

Last Agent to Sell the Property

DeeAnn Parra

Berkshire Hathaway Homeservices California Realty License #01067098 Listed on: 04/26/2024

Berkshire Hathaway Homeservices California Realty

Last Buyer's Agent

Tanner Newlon

CENTURY 21 MASTERS License #02120632

CENTURY 21 MASTERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 0.36 Acre Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Grapestake Fence
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor
  • Fixer Upper
  • Shingle Roof

Interior Spaces

  • 1,325 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 30
  • Assessor Parcel Number 211033005
  • $191 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Property Condition: Fixer
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 211033005
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 401.51

Exterior Features

  • Fence: Yes
  • Fencing: Block, Chain Link, Grapestake
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Level
  • Lot Size Sq Ft: 15681.00
  • Lot Size Acres: 0.3600

Multi Family

  • Lot Size Area: 15681.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 030...
  • TaxOtherAnnualAssessmentAmount: 190.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
May 20, 2024
Sold by
Mary Ella Riggio Trust and Fejzic Jennifer
Bought by
Frank And Veronica Alvarez Family Trust and Alvarez
Seller's Agent
DeeAnn Parra
Berkshire Hathaway Homeservices California Realty
Buyer's Agent
Tanner Newlon
CENTURY 21 MASTERS
List Price
$565,000
Sold Price
$532,000
Premium/Discount to List
-$33,000
-5.84%
Views
65
Current Estimated Value
$552,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,346
Avg. Annual Appreciation
2.27%

Purchase Details

Closed on
Aug 29, 1996
Sold by
Ella Riggio Mary
Bought by
Riggio Mary Ella
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frank And Veronica Alvarez Family Trust $532,000 Lawyers Title
Riggio Mary Ella -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $532,000 -5.8% $402 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $565,000 -- $426 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $812 $542,640 $163,200 $379,440
2023 $812 $61,844 $23,258 $38,586
2022 $796 $60,632 $22,802 $37,830
2021 $803 $59,444 $22,355 $37,089
2020 $797 $58,835 $22,126 $36,709
2019 $784 $57,683 $21,693 $35,990
2018 $771 $56,553 $21,268 $35,285
2017 $760 $55,445 $20,851 $34,594
2016 $719 $54,359 $20,443 $33,916
2015 $709 $53,544 $20,137 $33,407
2014 $702 $52,497 $19,744 $32,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV24075924

California Regional Multiple Listing Service (CRMLS)

APN: 211-033-005