NOT LISTED FOR SALE
-- Bed
-- Bath
4,765 Sq Ft
7,500 Sq Ft Lot

Last Sold December 21, 2012

Last sale price $770,000 $162 Per Sq Ft

123 Days on Market

Highlights

  • Auto Driveway Gate
  • Open Floorplan
  • Mountain View
  • Abraham Lincoln High School Rated A
  • Dual Staircase
  • Contemporary Architecture

About This Home

As of December 2012

Clean contemporary 7 units all 2 bedrooms, 1 bathroom in quite Mt. Washington/ Glassel Park. Convenient located. Newly painted outside, New Roof in 2010. Laundry Room with new coin operated washer & dryer. Seperate gas & electric meter. 8 carport parking with automatic gate. Upside potential in rent. Must see to appreciate.

Last Agent to Sell the Property

Eric Toh

High Ten Partners, Inc. License #01052676 Listed on: 06/07/2012

High Ten Partners, Inc.

Last Buyer's Agent

Eric Toh

High Ten Partners, Inc. License #01052676 Listed on: 06/07/2012

High Ten Partners, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • No Common Walls
  • Fenced
  • Level Lot
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 4,765 Sq Ft Home
  • Open Floorplan
  • Dual Staircase
  • Entryway
  • Living Room
  • Carpet
  • Mountain Views

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas Dryer Hookup

Home Security

  • Security Lights
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces
  • Parking Available
  • Driveway
  • Auto Driveway Gate
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 198
  • Tax Tract Number 3867
  • Assessor Parcel Number 5464025002

Community Details

Overview

  • 7 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $680
  • Gardener Expense $480
  • Insurance Expense $3,600
  • Maintenance Expense $1,440
  • Trash Expense $1,333
  • Water Sewer Expense $4,400
  • New Taxes Expense $9,999
  • Gross Income $6,675
  • Net Operating Income $55,988

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • CapRate: 7.00
  • Security: Automatic Gate, Security Lights, Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 4400.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 5464025002
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 2 Staircases, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Price Per Square Foot: 161.59
  • Room Type: Entry, Living Room, Walk-In Closet

Exterior Features

  • View: Mountain(s)
  • Fence: Yes
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Assigned, Carport, Driveway, Gated
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Outside
  • Trash Expense: 1333.00
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling: Yes

Lot Info

  • Lot Features: Lot 6500-9999, Level with Street, Sprinkler System
  • Lot Size: 50 x 150
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 681
  • Electric Expense: 680.00
  • Gross Income: 6675.00
  • Gross Multiplier: 9.99
  • Gross Scheduled Income: 80100.00
  • Insurance Expense: 3600.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7500.0000 Square Feet
  • Maintenance Expense: 1440.00
  • Net Operating Income: 55988.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 24112.00
  • Rent Control: No
  • Total Actual Rent: 6395.00

Tax Info

  • New Taxes Expense: 9999.00
  • Tax Lot: 198
  • Tax Tract Number: 3867

Range of Values:

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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
12/21/2012 12/21/12 Sold $770,000 -3.7% $162 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
06/07/2012 06/07/12 For Sale $799,950 -- $168 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: W12071699

California Regional Multiple Listing Service (CRMLS)