NOT LISTED FOR SALE
6 Beds
3 Baths
14,132 Sq Ft
0.61 Acre Lot

Sale Details

Date Sold: July 25, 2016

Last sale price $2,300,000 $163 Per Sq Ft

28 Days on Market

About This Home

As of July 2016

Excellent Investment opportunity for this highly desirable apartment complex. Four 4-Plex. Great Street Explosure. All units are 2 bedroom/1 Bath. Individual hot water-heater. Strong rental market. Current rent is under market rent. Drive by only. Property to be sold AS IS condition.

Last Agent to Sell the Property

Vivian Hua

GREENFIELD REALTY License #01250305 Listed on: 04/27/2016

Last Buyer's Agent

Ping Lee

Calidad Realty License #01754674

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 26,376 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Home Design

  • 14,132 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 36 Parking Spaces
  • 18 Carport Spaces

Location

  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 8328027023

Community Details

Overview

  • 4 Buildings
  • 16 Units

Building Details

  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $4,849
  • Professional Management Expense $5,324
  • Trash Expense $5,210
  • Water Sewer Expense $8,157
  • New Taxes Expense $27,012
  • Gross Income $14,790
  • Net Operating Income $125,993

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.61 Acres

Listing Details

  • CapRate: 5.08
  • Professional Management Expense: 5324.00
  • Property Attached: Yes
  • Water Sewer Expenses: 8157.00
  • Property Type: Residential Income
  • Parcel Number: 8328027023
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 162.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 18.00
  • Total Parking Spaces: 36.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 5210.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 26376.00
  • Price Per Lot Square Foot: 94.02

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 14790.00
  • Gross Scheduled Income: 178725.00
  • Insurance Expense: 4849.00
  • Net Operating Income: 125993.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 16
  • Operating Expense: 52732.00
  • Rent Control: No
  • Total Actual Rent: 14790.00

Tax Info

  • New Taxes Expense: 27012.00
  • Tax Lot: 00
  • Tax Tract Number: 0000
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,300,000 Lawyers Title Company
-- Southland Title
$1,500,000 Ticor Title Co
-- Ticor Title Co
$775,000 North American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,000,000
Closed $1,325,000
Closed $1,070,000
Closed $1,010,000
Closed $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/25/2016 07/25/16 Sold $2,300,000 -7.3% $163 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $2,480,000 -- $175 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $38,695 $2,669,343 $1,160,584 $1,508,759
2024 $35,197 $2,617,004 $1,137,828 $1,479,176
2023 $34,524 $2,565,691 $1,115,518 $1,450,173
2022 $33,991 $2,515,385 $1,093,646 $1,421,739
2021 $33,188 $2,466,064 $1,072,202 $1,393,862
2019 $33,878 $2,392,920 $1,040,400 $1,352,520
2018 $31,389 $2,346,000 $1,020,000 $1,326,000
2016 $27,314 $2,077,804 $696,604 $1,381,200
2015 $27,080 $2,046,595 $686,141 $1,360,454
2014 $26,945 $2,006,506 $672,701 $1,333,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16088792

California Regional Multiple Listing Service (CRMLS)
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