NOT LISTED FOR SALE
5 Beds
3 Baths
2,053 Sq Ft
6,504 Sq Ft Lot

Last Sold August 09, 2021

Last sale price $675,000 $329 Per Sq Ft

8 Days on Market

Highlights

  • No HOA
  • Garden
  • 3-minute walk to 41st Street Park
  • Laundry Room
  • Wall Furnace

About This Home

As of August 2021

2 houses on 1 lot, for sale in Logan Heights. No common walls! 3bed/2bath (front house) & 2bed/1bath (back house). Front house (4075) has 1 car garage attached with direct access to house, a front yard, large backyard, dual pane windows, new stucco / paint, washer/dryer located in garage. The back house (4079) has 2 uncovered spaces for parking. Back house needs updating... washer/dryer located in kitchen. Shed in back house does not convey, belongs to tenant. The houses are both fully fenced and completely separate from one another (no common walls). Both units are occupied and tenants would like to stay if possible. Front house rents for $2300. Back house rents for $1500 (can increase rent to $1700). No central AC. Do not disturb tenants without confirmed appointment.

Last Agent to Sell the Property

Carolein Toma

LPT Realty, Inc. License #01998832 Listed on: 07/04/2021

LPT Realty, Inc.

Last Buyer's Agent

Alma Munoz

PACIFIC SOUTHWEST ASSOCIATION OF REALTOR License #02115227

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,504 Sq Ft Lot
  • No Common Walls
  • Garden

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage

Home Design

  • 2,053 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 08001
  • Tax Tract Number 36
  • Assessor Parcel Number 5514420300

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Other Expense $1,100
  • Water Sewer Expense $1,800
  • New Taxes Expense $5,500
  • Operating Expense $9,200
  • Gross Income $45,600
  • Net Operating Income $36,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 5.39
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: R-2:Minor Multiple
  • Property Type: Residential Income
  • Parcel Number: 5514420300
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 328.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Garden
  • Lot Size Sq Ft: 6504.00
  • Lot Size Acres: 0.1493

Multi Family

  • Gross Income: 45600.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 800.00
  • Lot Size Area: 6504.0000 Square Feet
  • Net Operating Income: 36400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 9200.00
  • Other Expense: 1100.00
  • Rent Control: No
  • Total Expenses: 9200.00

Tax Info

  • New Taxes Expense: 5500.00
  • Tax Lot: 08001
  • Tax Tract Number: 36.03/

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
08/09/2021 08/09/21 Sold $675,000 0.0% $329 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/04/2021 07/04/21 For Sale $675,000 -- $329 / 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: PTP2104663

California Regional Multiple Listing Service (CRMLS)