NOT LISTED FOR SALE
9 Beds
-- Bath
3,358 Sq Ft
6,970 Sq Ft Lot

Last Sold June 29, 2012

Last sale price $830,000 $247 Per Sq Ft

24 Days on Market

Highlights

  • Deck
  • Level Lot
  • Wall to Wall Carpet
  • Moreland Middle School Rated A-

About This Home

As of June 2012

Great Unit Mix!! (3) 2x1 & (1) 3x2 Owners Unit; Always rented; Downstairs units have private patios; Great upside potential in rents; Close to buses and parks; Really clean w/excellent curb appreal; Great location near Freeways (280 & 17/880); Shopping is close too: Westgate and Santana Row.

Last Agent to Sell the Property

Bill White

Wedgewood Properties Inc. License #01370567 Listed on: 05/04/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • Level Lot
  • Sprinkler System

Parking

  • Carport

Home Design

  • 3,358 Sq Ft Home
  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Deck

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $56,520
  • The owner pays for electric, garbage, services - gardener/landscaping, gas, hot water, water

Community Details

Overview

  • 3,358 Sq Ft Building

Building Details

  • Gardener Expense $600
  • Insurance Expense $1,440
  • Maintenance Expense $1,800
  • Utility Expense $1,500
  • Trash Expense $1,320
  • Operating Expense $10,875
  • Gross Income $55,600

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 247.17
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3358
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Garbage Disposal, Varies By Unit, Oven Range, Refrigerator
  • Living Sq Ft: 3358
  • Laundry: Washer/Dryer - Leased Coin-Op
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Sprinklers - Lawn, Deck

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1, Carport

Utilities

  • Heating System: Wall Furnace, Gas - Natural, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Storage Locker

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7015.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7015.00
  • Lot Size Area Min Search: 7015.00
  • Maximum Lot Size: 7015.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.83

Multi Family

  • Expense Insurance: 1440
  • Expense Landscape: 600
  • Expense Maintenance: 1800
  • Expenses Total: 10875
  • Expenses Utility: 1500
  • Expense Trash: 1320
  • Expense Water Sewer: 1920
  • Income Annual Gross: 55600.00
  • Income Annual Rental: 56520
  • Income Gross Scheduled: 57320
  • Income Includes: Laundry, Lease
  • Income Laundry: 800
  • Meters: Separate Electric, Separate Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax, Vacancy Factor
  • Owner Pays: Electric, Garbage, Services - Gardener/Landscaping, Gas, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric
  • Vacancy Amount: 1720
  • Vacancy Factor: 3
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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
06/29/2012 06/29/12 Sold $830,000 -2.4% $247 / Sq Ft
05/28/2012 05/28/12 Pending -- -- --
05/04/2012 05/04/12 For Sale $850,000 -- $253 / Sq Ft
Source: MLSListings

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 $14,868 $1,042,518 $665,707 $376,811
2024 $14,868 $1,022,077 $652,654 $369,423
2023 $14,620 $1,002,037 $639,857 $362,180
2022 $14,433 $982,390 $627,311 $355,079
2021 $14,159 $963,128 $615,011 $348,117
2020 $13,962 $953,253 $608,705 $344,548
2019 $13,488 $934,563 $596,770 $337,793
2018 $13,174 $916,239 $585,069 $331,170
2017 $13,013 $898,275 $573,598 $324,677
2016 $12,330 $880,662 $562,351 $318,311
2015 $12,202 $867,434 $553,904 $313,530
2014 $11,815 $850,443 $543,054 $307,389
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81216751

MLSListings

APN: 299-32-033

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