NOT LISTED FOR SALE
4 Beds
4 Baths
8,290 Sq Ft
16,117 Sq Ft

Last Sold February 09, 2012

Last sale price $500,000 $60 Per Sq Ft

Highlights

  • 0.37 Acre Lot
  • No HOA
  • Laundry Room
  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window

About This Home

As of February 2012

Two 6 Unit buildings - Close to freeways, Shopping and transportation. Spacious Units includes A/C, Oven/Range and carport. One bedroom, one bath and two bedroom, two bath units. Owner liquidating, call Listing Agent for details.

Last Agent to Sell the Property

Josh Breaux

No Firm Affiliation License #00678399 Listed on: 12/28/2011

Co-Listed By

Veronica Benavidez

No Firm Affiliation License #01465568

Last Buyer's Agent

Veronica Benavidez

No Firm Affiliation License #01465568

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.37

Home Design

  • 8,290 Sq Ft Home
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Frame Construction
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 12 Parking Spaces
  • 12 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Laundry Room
  • Exterior Lighting
  • 0.37 Acre Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 3008015024

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 13 Separate Electric Meters
  • 13 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $650
  • Gardener Expense $900
  • Insurance Expense $1,750
  • Maintenance Expense $7,800
  • Other Expense $850
  • Trash Expense $950
  • Water Sewer Expense $4,850
  • New Taxes Expense $6,862
  • Gross Income $7,150
  • Net Operating Income $58,258

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0.37 Acres

Listing Details

  • CapRate: 10.60
  • Water Sewer Expenses: 4850.00
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 3008015024
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 60.31

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 12.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Electricity Available
  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 950.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 16204.00
  • Lot Size Acres: 0.3700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 680
  • Average2 Bed Area: 740
  • Electric Expense: 650.00
  • Gross Income: 7150.00
  • Gross Multiplier: 6.39
  • Gross Scheduled Income: 85800.00
  • Insurance Expense: 1750.00
  • Lot Size Area: 16204.0000 Square Feet
  • Maintenance Expense: 7800.00
  • Net Operating Income: 58258.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 12
  • Number With Range: 12
  • Operating Expense: 24967.00
  • Operating Expense Percent: 30.00
  • Other Expense: 850.00
  • Rent Control: No
  • Total Actual Rent: 4530.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 6862.00
  • Tax Year: 2010
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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
02/09/2012 02/09/12 Sold $500,000 -- $60 / Sq Ft
12/28/2011 12/28/11 Pending -- -- --
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 $7,828 $314,001 $47,095 $266,906
2024 $7,828 $307,845 $46,172 $261,673
2023 $7,771 $301,810 $45,267 $256,543
2022 $7,540 $295,893 $44,380 $251,513
2021 $7,351 $290,092 $43,510 $246,582
2019 $7,204 $281,489 $42,220 $239,269
2018 $7,117 $275,971 $41,393 $234,578
2016 $6,690 $265,257 $39,787 $225,470
2015 $6,618 $261,274 $39,190 $222,084
2014 $6,561 $256,157 $38,423 $217,734
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F11076759

California Regional Multiple Listing Service (CRMLS)
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