NOT LISTED FOR SALE
7 Beds
4 Baths
3,144 Sq Ft
9,461 Sq Ft Lot Lot

Sale Details

Date Sold: September 25, 2018

Last sale price $945,000 $301 Per Sq Ft

61 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Laundry Room
  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Landscaped

About This Home

As of September 2018

Secure Single Story 3 units on a large lot with great unit mix of 1 - 3/2 and 2 - 2/1. Many Interior and Exterior Upgrades including repiped water lines. Garages and Private Patios for each unit, Three bedroom unit is ideal for owner occupied or to receive top rents. Nice corner location across from school. Close to Danbrook Elementary and Western High School.

Last Agent to Sell the Property

Richard Bell

Bell Realty Group License #01344469 Listed on: 06/06/2018

Last Buyer's Agent

Kim Gwaltney

Keller Williams Realty License #01390407

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 9,461 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Landscaped
  • Corner Lot

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Triplex

Interior Spaces

  • 3,144 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 9
  • Tax Tract Number 3552
  • Assessor Parcel Number 13534310

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $800
  • Fuel Expense $800
  • Insurance Expense $1,050
  • Maintenance Expense $1,125
  • Water Sewer Expense $1,500
  • New Taxes Expense $10,945
  • Operating Expense $19,020
  • Gross Income $67,836
  • Net Operating Income $48,814

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

9,461 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 4.90
  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 13534310
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 300.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped
  • Lot Size Sq Ft: 9461.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 800.00
  • Fuel Expense: 800.00
  • Gross Multiplier: 14.30
  • Gross Operating Income: 67836.00
  • Gross Scheduled Income: 69600.00
  • Insurance Expense: 1050.00
  • Maintenance Expense: 1125.00
  • Net Operating Income: 48814.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Patio: 3
  • Operating Expense: 19022.00
  • Other Income Description: Grm/Cap rate at Market rents.
  • Rent Control: No
  • Total Expenses: 19020.00

Tax Info

  • New Taxes Expense: 10945.00
  • Tax Census Tract: 869.01
  • Tax Lot: 9
  • Tax Tract Number: 3552
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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
09/25/2018 09/25/18 Sold $945,000 -1.0% $301 / Sq Ft
07/12/2018 07/12/18 Price Changed $955,000 -4.0% $304 / Sq Ft
06/06/2018 06/06/18 For Sale $995,000 -- $316 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,124 $1,411,406 $1,241,613 $169,793
2024 $16,124 $1,383,732 $1,217,268 $166,464
2023 $15,731 $1,356,600 $1,193,400 $163,200
2022 $11,799 $993,363 $895,177 $98,186
2021 $11,632 $973,886 $877,625 $96,261
2020 $11,566 $963,900 $868,626 $95,274
2019 $11,276 $945,000 $851,594 $93,406
2018 $1,587 $83,728 $21,326 $62,402
2017 $1,548 $82,087 $20,908 $61,179
2016 $1,522 $80,478 $20,498 $59,980
2015 $1,502 $79,270 $20,190 $59,080
2014 $1,444 $77,718 $19,795 $57,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18133676

California Regional Multiple Listing Service (CRMLS)

APN: 135-343-10

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