NOT LISTED FOR SALE
12 Beds
8 Baths
5,664 Sq Ft
8,833 Sq Ft Lot

Last Sold October 03, 2022

Last sale price $2,000,000 $353 Per Sq Ft

100 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • 2-minute walk to Wightman Street Neighborhood Park
  • No HOA
  • No Heating

About This Home

As of October 2022

Proudly Presenting 3805 Winona. An 8 unit apartment building with off-street parking and on site laundry, located on a corner lot in City Heights. Desirable unit mix with larger four (2 bed / 1 Bath / 800 sq ft) and four (1 bed / 1 bath, 616 sq ft) with only 1 unleased unit. 5 of the 8 units have recent interior improvements, as well the sellers have completed multiple exterior improvement projects over their ownership including a new roof , however, there is still immediate value add potential.

Last Agent to Sell the Property

Gary Massa

eXp Realty of California, Inc License #01790900 Listed on: 04/26/2022

eXp Realty of California, Inc

Last Buyer's Agent

Ciyavash Moazzami

SFARMLS License #812983

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 8,833 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 5,664 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Available
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot G/15,16
  • Tax Tract Number 1732
  • Assessor Parcel Number 4716211700

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $9,431
  • Trash Expense $9,842
  • New Taxes Expense $10,315
  • Operating Expense $65,264
  • Gross Income $112,704
  • Net Operating Income $47,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 2.00
  • Price Per Unit: 287375
  • Property Attached: Yes
  • View: No
  • Zoning: R-3
  • Property Type: Residential Income
  • Parcel Number: 4716211700
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 353.11

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Off Street, Parking Space
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 9842.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Sq Ft: 8833.00
  • Lot Size Acres: 0.2028

Multi Family

  • Average1 Bed Area: 616 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 112704.00
  • Gross Scheduled Income: 112704.00
  • Insurance Expense: 9431.00
  • Lot Size Area: 8833.0000 Square Feet
  • Net Operating Income: 47440.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 8
  • Number With Range: 8
  • Number With Refrigerator: 8
  • Operating Expense: 100858.00
  • Rent Control: No
  • Total Expenses: 65264.00

Tax Info

  • New Taxes Expense: 10315.00
  • Tax Lot: G/15,16
  • Tax Tract Number: 001732

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
10/03/2022 10/03/22 Sold $2,000,000 -13.0% $353 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
06/15/2022 06/15/22 Price Changed $2,299,000 -8.0% $406 / Sq Ft
04/26/2022 04/26/22 For Sale $2,499,000 -- $441 / 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: NDP2204003

California Regional Multiple Listing Service (CRMLS)

APN: 471-621-17-00