NOT LISTED FOR SALE
5 Beds
3 Baths
14,431 Sq Ft
27,356 Sq Ft Lot

Last Sold October 01, 2013

Last sale price $2,751,000 $191 Per Sq Ft

9 Days on Market

About This Home

As of October 2013

23 units total =22 unit apartment building, consisting of (16) 2BR 1BA units and (6) 1BR, 1BA and a SFR that is 2BR 1BA. Plenty of parking. Potential laundry room. Very clean and well maintained property. Currently only 1 vacancy! Conveniently located close to the 10 and the 605 freeways.

Last Agent to Sell the Property

David Dumalski

White Realty Associates License #00657189 Listed on: 08/30/2013

Co-Listed By

Rhonda Baskins

Coldwell Banker Realty License #01182791

Last Buyer's Agent

Rao Yalamanchili

Positive Investments License #00530548

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,101

Year Built

  • Built in 1963

Lot Details

  • 0.63 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 14,431 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 4
  • Tax Tract Number 8920
  • Assessor Parcel Number 8568027029

Community Details

Overview

  • 2 Buildings
  • 23 Units

Building Details

  • 22 Leased Units
  • 23 Separate Electric Meters
  • 23 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,000
  • Fuel Expense $100
  • Gardener Expense $1,080
  • Insurance Expense $4,200
  • Maintenance Expense $14,500
  • Professional Management Expense $13,000
  • Trash Expense $8,300
  • Water Sewer Expense $4,700
  • New Taxes Expense $28,007
  • Operating Expense $87,703
  • Gross Income $19,830
  • Net Operating Income $150,257

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,101

Year Built

Built in 1963

Lot Details

0.63 Acres

Listing Details

  • Professional Management Expense: 13000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4700.00
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 8568027029
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 190.63

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 8300.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 27371.00
  • Lot Size Acres: 0.6280

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1000.00
  • Fuel Expense: 100.00
  • Gross Income: 19830.00
  • Gross Scheduled Income: 237960.00
  • Insurance Expense: 4200.00
  • Lot Size Area: 27371.0000 Square Feet
  • Maintenance Expense: 14500.00
  • Net Operating Income: 150257.00
  • Number Of Separate Electric Meters: 23
  • Number Of Separate Gas Meters: 23
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 22
  • Number Of Units Total: 23
  • Operating Expense: 79564.00
  • Rent Control: No
  • Total Actual Rent: 237960.00
  • Total Expenses: 87703.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 28007.00
  • Tax Lot: 4
  • Tax Tract Number: 8920
  • Tax Annual Amount: 21101.00
  • Tax Year: 2012
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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
10/01/2013 10/01/13 Sold $2,751,000 +2.1% $191 / Sq Ft
09/08/2013 09/08/13 Pending -- -- --
08/30/2013 08/30/13 For Sale $2,695,000 -- $187 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $56,944 $3,984,045 $2,819,481 $1,164,564
2024 $56,944 $3,905,928 $2,764,198 $1,141,730
2023 $55,850 $3,829,343 $2,709,999 $1,119,344
2022 $53,830 $3,754,259 $2,656,862 $1,097,397
2021 $54,499 $3,680,647 $2,604,767 $1,075,880
2020 $54,349 $3,642,908 $2,578,059 $1,064,849
2019 $55,561 $3,571,479 $2,527,509 $1,043,970
2018 $54,600 $3,501,450 $2,477,950 $1,023,500
2016 $52,338 $3,365,486 $2,381,729 $983,757
2015 $51,739 $3,314,935 $2,345,954 $968,981
2014 $42,900 $2,751,000 $1,651,000 $1,100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13177014

California Regional Multiple Listing Service (CRMLS)
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