NOT LISTED FOR SALE
8 Beds
7 Baths
4,300 Sq Ft
6,959 Sq Ft Lot

Last Sold April 02, 2019

Last sale price $842,000 $196 Per Sq Ft

2 Days on Market

Highlights

  • Dual Staircase
  • Property is near a park
  • Private Yard
  • Fireplace in Bathroom
  • Corner Lot
  • No HOA

About This Home

As of April 2019

AWESOME!! Seven Unit Investment Property to be Sold AS- IS. [ 1] 2 BEDROOM ONE BATH AND [6] 1 BEDROOM ONE BATH Property. The 7 Units Are centrally located in the Downtown Area , Close to 91 and 60 freeway. Shopping Centers and Public Transportation. All Units are individually Metered for Electric and Gas. Buyer Can Live in ONE Unit and Rent the other Six. Rents are Currently Below Market with Significant Upside in this Non Rent Control Area . Seller May Credit Buyer up to $15,000 for Repairs

Last Agent to Sell the Property

John Dallah

Dallah & Dallah Inc. License #00957086 Listed on: 03/18/2019

Last Buyer's Agent

Jag Singh

Keller Williams - Eagle Rock License #01886951

Keller Williams - Eagle Rock

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,959 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Level Lot
  • Front Yard Sprinklers
  • Private Yard
  • Lawn

Home Design

  • Apartment
  • Interior Block Wall

Interior Spaces

  • 4,300 Sq Ft Home
  • Dual Staircase
  • Ceiling Fan
  • Electric Fireplace
  • Gas Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Attic Fan

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Laminate Countertops
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms
  • Fireplace in Bathroom

Accessible Home Design

  • Doors swing in
  • Doors are 32 inches wide or more
  • Accessible Parking

Outdoor Features

  • Living Room Balcony
  • Fireplace in Patio

Location

  • Property is near a park

Utilities

  • Cooling System Powered By Gas
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 10
  • Assessor Parcel Number 214141012

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Electric Expense $355
  • Insurance Expense $3,600
  • Professional Management Expense $50
  • Trash Expense $2,448
  • Water Sewer Expense $1,140
  • New Taxes Expense $3,855
  • Operating Expense $11,398
  • Gross Income $49,920
  • Net Operating Income $38,522

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Professional Management Expense: 50.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1140.00
  • Zoning: R3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 214141012
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Attic Fan, Balcony, Block Walls, Ceiling Fan(s), Laminate Counters, Living Room Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: 32 Inch Or More Wide Doors, Doors - Swing In, Parking
  • Appliances: Yes
  • Fireplace Features: Bath, Family Room, Kitchen, Patio, Electric, Gas
  • Price Per Square Foot: 195.81
  • Room Type: Formal Entry, Kitchen, Living Room

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Convection Oven, Gas Oven, Gas Cooktop, Gas Water Heater
  • Electric: Electricity - On Property, Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 2448.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Lawn, Lot 6500-9999, Level, Park Nearby, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 6959.00
  • Lot Size Acres: 0.1598

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 355.00
  • Gross Income: 49920.00
  • Gross Scheduled Income: 49920.00
  • Insurance Expense: 3600.00
  • Lot Size Area: 6959.0000 Square Feet
  • Net Operating Income: 38522.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Total: 7
  • Operating Expense: 11398.00
  • Rent Control: No
  • Total Expenses: 11398.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 3855.00
  • Tax Census Tract: 303.00
  • Tax Lot: 10

Range of Values:

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Value Increase
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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
04/02/2019 04/02/19 Sold $842,000 -0.9% $196 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $850,000 -- $198 / 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: PW19059215

California Regional Multiple Listing Service (CRMLS)

APN: 214-141-012