NOT LISTED FOR SALE
Studio
4 Baths
2,476 Sq Ft
0.3 Acres

Last Sold August 16, 2022

Last sale price $777,000 $314 Per Sq Ft

15 Days on Market

Highlights

  • Horse Property
  • Level Lot
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Three units consisting of an updated duplex featuring a 3 BR / 2 Bath and a 2 BR / 1 Bath unit plus a permitted, remodeled ADU located in a quiet residential area of Carmichael. Situated on a large level lot near Carmichael Park in a predominantly single family neighborhood.

Last Agent to Sell the Property

Brigitte Schlatter

Schlatter Associates Inc License #00602897 Listed on: 06/28/2022

Last Buyer's Agent

Evan Becker

California Realty Partners License #02105651

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Home Design

  • Triplex
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,476 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Crawl Space

Parking

  • 9 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Horse Property

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $64,080

Community Details

Overview

  • 2,476 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $1,600
  • Maintenance Expense $1,200
  • Utility Expense $2,624
  • Trash Expense $978
  • Operating Expense $15,777
  • Gross Income $62,158

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

0

Listing Details

  • Zoning: RD-5
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2476
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Living Sq Ft: 2476
  • Stories: 1
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Slab, Crawl Space
  • Roof: Composition
  • Horse Property: Yes
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 9
  • Garage Parking Features: Off-Street Parking

Utilities

  • Cooling System: Central Ac, Central Forced Air - Gas, Window / Wall Unit
  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2996
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13050.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13050.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.70
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1600
  • Expense Maintenance: 1200
  • Expenses Total: 15777
  • Expenses Utility: 2624
  • Expense Trash: 978
  • Income Annual Gross: 62158.00
  • Income Annual Rental: 64080
  • Income Gross Scheduled: 64080
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Gas, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Services - Gardener/Landscaping, Utilities - Electric
  • Vacancy Factor: 3

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
08/16/2022 08/16/22 Sold $777,000 +3.6% $314 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $750,000 -- $303 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81898117

MLSListings