NOT LISTED FOR SALE
8 Beds
-- Bath
3,482 Sq Ft
8,276 Sq Ft Lot

Last Sold June 22, 2012

Last sale price $690,000 $198 Per Sq Ft

19 Days on Market

About This Home

As of June 2012

This well maintained 4-plex is fully occupied with 4 wonderful families who share in all of the maintenance. It is a great investment with positive cash flow. This is a regular sale so there is no reason why you can not be a landlord today; no need to wait for short sale approval from the seller's lender. The property is in a nice, quiet residential neighborhood close to shopping and freeway 680.

Last Agent to Sell the Property

Cuc Chrystal Nguyen

Key Legacy Real Estate Services License #01495601 Listed on: 05/11/2012

Last Buyer's Agent

Mae Chang

MJC Realty License #00850044

Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Lot Details

  • 8,276

Home Design

  • 3,482 Sq Ft Home
  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Parking

  • Carport
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Oven or Range
  • Laundry in Garage
  • Balcony
  • Sprinkler System

Listing and Financial Details

  • Total Actual Rent $62,160
  • The owner pays for garbage

Community Details

Building Details

  • Other Expense $783
  • Operating Expense $11,735
  • Gross Income $62,160

Additional Features

  • 3,482 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 54
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 198.16
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3482
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Kitchen: Oven Range
  • Living Sq Ft: 3482
  • Laundry: Washer/Dryer - Owned Coin-Op, Community Facility, In Garage
  • Flooring: Carpet - Area, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Lawn, Balcony / Patio

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Uncovered Parking, Add'l Spots Available, Carport

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: East Side Union High
  • Elementary School: Linda Vista Elementary
  • Middle School: Pala Middle
  • High School: James Lick High
  • High School: 247
  • Elementary School: 9
  • Middle School: 19

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8316.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8316.00
  • Lot Size Area Min Search: 8316.00
  • Maximum Lot Size: 8316.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, More Than 1 Yr
  • Gross Rent Multiplier: 9.64

Multi Family

  • Expenses Other: 783
  • Expenses Total: 11735
  • Income Annual Gross: 62160.00
  • Income Annual Rental: 62160
  • Income Gross Scheduled: 62160
  • Income Includes: Parking
  • Meters: Separate Electric, Separate Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Fee - Property Management
  • Owner Pays: Garbage
  • Tenant Expenses: Cable Tv

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
06/22/2012 06/22/12 Sold $690,000 +15.2% $198 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $599,000 -- $172 / 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: ML81217796

MLSListings

APN: 601-07-062