NOT LISTED FOR SALE
5 Beds
3 Baths
14,431 Sq Ft
0.63 Acre Lot

Sale Details

Date Sold: October 1, 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

  • 27,371 Sq Ft 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $61,610 $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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