NOT LISTED FOR SALE
3 Beds
2 Baths
1,341 Sq Ft
4,918 Sq Ft Lot

Last Sold January 04, 2022

Last sale price $1,100,000 $820 Per Sq Ft

29 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Front Yard

About This Home

As of January 2022

Beautifully renovated 2 unit property in Normal Heights. Live in the front...rent out the back. Within walking distance to Adams Avenue, home of great restaurants and shops. 2 Bedroom/1.5 Bath House with a modern Kitchen design with Quartz Countertops, custom cabinetry, and all Stainless Steel Appliances including Dishwasher, Range, Microwave, and Refrigerator. 100% renovated. 1 Bedroom/1 Bath free-standing home in back. 100% renovated. Both units have Air Conditioning and brand new electrical throughout. The owner has started the ADU process on converting the garage to a 3rd and 4th legal unit (studio below and a studio above). Soon...this could be a total of 4 units. Both units are currently rented. Please call listing agent for more details.

Last Agent to Sell the Property

Dave Plutner

DP Properties License #01273425 Listed on: 10/21/2021

Last Buyer's Agent

Kenneth Donaghy

Keller Williams Realty License #02078683

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 4,918 Sq Ft Lot
  • Lot Dimensions are 40x123
  • No Common Walls
  • Front Yard

Parking

  • 1 Car Garage

Home Design

  • 1,341 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 08241
  • Tax Tract Number 17
  • Assessor Parcel Number 4471611600

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • New Taxes Expense $12,000
  • Operating Expense $13,000
  • Gross Income $55,620
  • Net Operating Income $42,620

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • CapRate: 3.80
  • Property Attached: No
  • Zoning: R-3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4471611600
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 820.28

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size: 40x123
  • Lot Size Sq Ft: 4918.00
  • Lot Size Acres: 0.1129

Multi Family

  • Gross Income: 55620.00
  • Gross Multiplier: 19.70
  • Gross Scheduled Income: 55620.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 4918.0000 Square Feet
  • Net Operating Income: 42620.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 13000.00
  • Rent Control: No
  • Total Actual Rent: 4635.00
  • Total Expenses: 13000.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Lot: 08241
  • Tax Tract Number: 17

Range of Values:

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Value 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 Prior Sale
01/04/2022 01/04/22 Sold $1,100,000 +0.3% $820 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $1,097,000 +44.3% $818 / Sq Ft
04/09/2021 04/09/21 Sold $760,000 -4.4% $567 / Sq Ft View Prior Sale
03/15/2021 03/15/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $795,000 -- $593 / 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: NDP2111984

California Regional Multiple Listing Service (CRMLS)