NOT LISTED FOR SALE
6 Beds
6 Baths
3,216 Sq Ft
7,321 Sq Ft Lot

Last Sold October 30, 2017

Last sale price $460,000 $143 Per Sq Ft

109 Days on Market

About This Home

As of October 2017

Opportunity to add a multi unit to a lucky person's portfolio! Well maintained six unit building featuring separate 1 bedroom 1 bath units in an upcoming area. Units were updated to make them very attractive rentals. Move in yourself or rent out all six units to enjoy the cash flow. Currently seller is willing to work with buyer to put in tenants of their choosing during escrow. Don't miss out on this chance to add this to your assets. Inquire about our special financing programs to buy with low or no down payment!

Last Agent to Sell the Property

Rudy Kusuma

Partner Real Estate License #01820322 Listed on: 01/09/2017

Partner Real Estate

Co-Listed By

Alexander Chan

Partner Real Estate License #01928091

Last Buyer's Agent

Gay-Lynn Barnes

eXp Realty of California Inc. License #01433767

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 7,321 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,216 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • Suburban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 15688
  • Assessor Parcel Number 3015003034

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Professional Management Expense $600
  • Trash Expense $1,500
  • Water Sewer Expense $1,800
  • Operating Expense $11,000
  • Gross Income $46,800
  • Net Operating Income $35,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

6

Listing Details

  • CapRate: 7.00
  • Professional Management Expense: 600.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: PDR3*
  • Property Type: Residential Income
  • Parcel Number: 3015003034
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Entry Location: Ground Level
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 143.03

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 7321.00

Multi Family

  • Gross Income: 46800.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 800.00
  • Net Operating Income: 35800.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 11000.00
  • Rent Control: No
  • Total Expenses: 11000.00

Tax Info

  • Tax Census Tract: 9105.01
  • Tax Lot: 42
  • Tax Tract Number: 15688

Range of Values:

Collateral Analytics

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List Price
Sold Price
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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
10/30/2017 10/30/17 Sold $460,000 -7.8% $143 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $499,000 0.0% $155 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $499,000 +28.6% $155 / Sq Ft
07/11/2014 07/11/14 Sold $388,000 -5.4% $121 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $409,999 +28.1% $127 / Sq Ft
12/31/2013 12/31/13 Sold $320,000 -8.6% $100 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $350,000 -- $109 / 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: WS17004789

California Regional Multiple Listing Service (CRMLS)