NOT LISTED FOR SALE
8 Beds
-- Bath
4,058 Sq Ft
10,019 Sq Ft Lot

Last Sold May 07, 2014

Last sale price $1,255,000 $309 Per Sq Ft

42 Days on Market

Highlights

  • Balcony
  • Fireplace
  • Forced Air Zoned Heating System
  • Easterbrook Discovery Rated A
  • Tile Flooring
  • Laundry Facilities

About This Home

As of May 2014

Unique fourplex opportunity 1 mile from Santana Row! These properties rarely trade hands. Great unit mix: (1) 3/2, (2) 2/1.5, (1) 1/1. Cobblestone cul-de-sac off Moorpark. $300,000+ in renovations and improvements. One unit leased 1 year - rent paid up front! Significant upside in rent. Well Maintained, fully rented, pvt garages. Full Offering Memorandum available.

Last Agent to Sell the Property

Erik Nielsen

SiliconValley MultiFamilyGroup License #01907679 Listed on: 02/20/2014

Last Buyer's Agent

Raymond Ong

RWC Property Services, Inc. License #01113341

RWC Property Services, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1976

Lot Details

  • 10,019

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,058 Sq Ft Home
  • 2-Story Property
  • Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Parking

  • Private Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Zoned Heating System
  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Balcony
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $63,600
  • The owner pays for electric, garbage, services - gardener/landscaping, gas, water
  • Month-to-Month Lease Term

Community Details

Building Details

  • Gardener Expense $840
  • Insurance Expense $3,278
  • Maintenance Expense $600
  • Other Expense $319
  • Utility Expense $1,097
  • Trash Expense $1,091
  • Operating Expense $24,859
  • Gross Income $62,856

Additional Features

  • 4,058 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1976

Lot Details

0

Listing Details

  • Zoning: R1B2P
  • Subclass: Fourplex
  • Age: 38
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 309.27
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 4058
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 4058
  • Stories: 2
  • Laundry: Washer/Dryer - Owned Coin-Op, Community Facility
  • Flooring: Carpet - Area, Tile, Laminate, Vinyl / Linoleum, Carpet, Varies By Unit

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Off-Street Parking

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Fireplace, Heating - 2+ Zones, Wall Furnace, Gas - Natural, Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Location: Court
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10150.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10150.00
  • Lot Size Area Min Search: 10150.00
  • Maximum Lot Size: 10150.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 19.98

Multi Family

  • Expense Insurance: 3278
  • Expense Landscape: 840
  • Expense Maintenance: 600
  • Expenses Other: 319
  • Expenses Total: 24859
  • Expenses Utility: 1097
  • Expense Trash: 1091
  • Expense Water Sewer: 2009
  • Income Annual Gross: 62856.00
  • Income Annual Rental: 63600
  • Income Gross Scheduled: 64800
  • Income Includes: Laundry, Lease
  • Income Laundry: 1200
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Gas, Utilities - Water, Insurance, Maintenance - Laundry, Fee - License/Advertising, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Vacancy Factor
  • Owner Pays: Electric, Garbage, Services - Gardener/Landscaping, Gas, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric
  • Vacancy Amount: 1944
  • Vacancy Factor: 3

Range of Values:

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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 Change Sq Ft Price
05/07/2014 05/07/14 Sold $1,255,000 -3.1% $309 / Sq Ft
04/03/2014 04/03/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $1,295,000 -- $319 / 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: ML81405487

MLSListings

APN: 299-38-089