NOT LISTED FOR SALE
7 Beds
5 Baths
3,522 Sq Ft
7,518 Sq Ft Lot

Last Sold November 23, 2021

Last sale price $1,698,888 $482 Per Sq Ft

48 Days on Market

About This Home

As of November 2021

Fantastic investment opportunity in great Cambrian neighborhood. Close to Elementary School and public park as well as convenience to major highways. Great unit mix with a 3 bedroom 2 bath Primary Unit, two 1 bedroom units and a 2 bedroom unit. All units currently rented with solid tenants. Do not disturb tenants.

Last Agent to Sell the Property

Ian Elmazaj

Bayview Residential Brokerage License #01409340 Listed on: 09/23/2021

Last Buyer's Agent

Kristina Young

Coldwell Banker Realty License #02018160

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,518

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,522 Sq Ft Home
  • 2-Story Property
  • Carpet

Parking

  • 4 Carport Spaces
  • Assigned Parking

Additional Features

  • 7,518 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $94,080

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $998
  • Utility Expense $6,060
  • Trash Expense $1,680
  • Operating Expense $15,166
  • Gross Income $89,946

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

7,518 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3522
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3522
  • Stories: 2
  • Flooring: Carpet

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Assigned Spaces
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1726
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7519.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7519.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.74
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 998
  • Expenses Total: 15166
  • Expenses Utility: 6060
  • Expense Trash: 1680
  • Income Annual Gross: 89946.00
  • Income Annual Rental: 94080
  • Income Gross Scheduled: 94680
  • Income Includes: Laundry
  • Income Other: 600
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 5
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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
11/23/2021 11/23/21 Sold $1,698,888 +1.1% $482 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $1,679,757 0.0% $477 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $1,679,757 -- $477 / Sq Ft
Source: MLSListings

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 $23,398 $1,801,930 $1,485,691 $316,239
2024 $23,398 $1,766,599 $1,456,560 $310,039
2023 $23,242 $1,731,960 $1,428,000 $303,960
2022 $22,851 $1,698,000 $1,400,000 $298,000
2021 $6,639 $374,618 $149,840 $224,778
2020 $6,428 $370,778 $148,304 $222,474
2019 $6,340 $363,509 $145,397 $218,112
2018 $6,177 $356,383 $142,547 $213,836
2017 $6,011 $349,396 $139,752 $209,644
2016 $5,718 $342,546 $137,012 $205,534
2015 $5,611 $337,401 $134,954 $202,447
2014 $5,352 $330,793 $132,311 $198,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81863931

MLSListings

APN: 421-01-098

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