NOT LISTED FOR SALE
5 Beds
2 Baths
6,800 Sq Ft
0.76 Acres Lot

Sale Details

Date Sold: October 22, 2019

Last sale price $680,000 $100 Per Sq Ft

108 Days on Market

Highlights

  • 0.76 Acre Lot
  • Laundry Room
  • 1-Story Property

About This Home

As of October 2019

Excellent opportunity to own this unique property with 8 homes on 1 lot. See attached Brochure for rent roll and financial information.

Last Agent to Sell the Property

Jacob Morgner

Tinetti Realty Group License #01882378 Listed on: 04/08/2019

Last Buyer's Agent

Hector Gonzalez

Fireside Realty License #01184895

Fireside Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 33,001 Sq Ft Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 14 Open Parking Spaces
  • 2 Car Garage

Interior Spaces

  • 6,800 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Assessor Parcel Number 034021021000

Community Details

Overview

  • 8 Buildings
  • 8 Units

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,336
  • Maintenance Expense $2,500
  • Water Sewer Expense $5,685
  • New Taxes Expense $7,300
  • Operating Expense $19,821
  • Gross Income $72,000
  • Net Operating Income $49,299

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0.76 Acres

Parking

2

Listing Details

  • CapRate: 7.05
  • Property Attached: No
  • Water Sewer Expenses: 5685.00
  • Zoning: R-1-6
  • Property Type: Residential Income
  • Parcel Number: 034021021000
  • Year Built: 1934
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 100.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 16.00
  • Uncovered Spaces: 14.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 33001.00
  • Lot Size Acres: 0.7576

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Average3 Bed Area: 1100 Square Feet
  • Gross Income: 72000.00
  • Gross Operating Income: 69120.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 4336.00
  • Lot Size Area: 33001.0000 Square Feet
  • Maintenance Expense: 2500.00
  • Net Operating Income: 49299.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 19821.00
  • Operating Expense Percent: 29.00
  • Rent Control: No
  • Total Expenses: 19821.00
  • Vacancy Allowance Rate: 4.00

Tax Info

  • New Taxes Expense: 7300.00
  • Tax Census Tract: 14.01
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
10/22/2019 10/22/19 Sold $680,000 -2.7% $100 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $699,000 0.0% $103 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $699,000 -- $103 / 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 $7,853 $746,474 $92,956 $653,518
2024 $7,853 $731,893 $91,134 $640,759
2023 $7,745 $717,598 $89,348 $628,250
2022 $7,645 $703,584 $87,597 $615,987
2021 $7,629 $689,844 $85,880 $603,964
2020 $7,690 $682,800 $85,000 $597,800
2019 $3,098 $272,763 $87,499 $185,264
2018 $2,827 $267,445 $85,784 $181,661
2017 $2,934 $262,231 $84,102 $178,129
2016 $2,889 $257,119 $82,453 $174,666
2015 $2,844 $253,280 $81,215 $172,065
2014 $2,783 $248,349 $79,625 $168,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC19079039

California Regional Multiple Listing Service (CRMLS)

APN: 034-021-021

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