NOT LISTED FOR SALE
4 Beds
6 Baths
3,424 Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: April 29, 2012

Last sale price $895,000 $261 Per Sq Ft

90 Days on Market

Highlights

  • Spanish Architecture
  • Tile Flooring
  • Heating System Uses Natural Gas
  • Fremont Elementary School Rated A
  • Wood Siding

About This Home

As of April 2012

Six units in Belmont Heights. Four 1 bedroom 1 bath, each 1&1 have a 1 car garage. Two Studios. For the most part long term tenants. The 1 & 1's rent for $1,250 per mo. and the studios rent for $895 per mo. Laundry income was not included in GSI.

Last Agent to Sell the Property

Thomas Shelby

Keller Williams Realty License #01778087 Listed on: 03/18/2011

Last Buyer's Agent

Sam Manoukian

RE/MAX of Glendale

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • 3,424 Sq Ft Home
  • Spanish Architecture
  • Spanish Tile Roof
  • Composition Roof
  • Clay Roof
  • Wood Siding
  • Stucco

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1-
  • Assessor Parcel Number 7256012003

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Gardener Expense $800
  • Insurance Expense $900
  • Pest Control $300
  • Water Sewer Expense $500
  • New Taxes Expense $10,987
  • Gross Income $6,790
  • Net Operating Income $64,980

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

8,276 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 7.39
  • View: No
  • Water Sewer Expenses: 500.00
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Gardener Expense: 800.00
  • Parcel Number: 7256012003
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 261.39

Exterior Features

  • Pool Private: No
  • Roof: Clay, Composition, Spanish Tile
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Pest Control Expense: 300.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Electric Expense: 300.00
  • Gross Income: 6790.00
  • Gross Multiplier: 10.79
  • Gross Scheduled Income: 81480.00
  • Insurance Expense: 900.00
  • Lot Size Area: 0.1900 Acres
  • Net Operating Income: 64980.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 16500.00

Tax Info

  • New Taxes Expense: 10987.00
  • Tax Lot: 1-

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
04/29/2012 04/29/12 Sold $895,000 +1.8% $261 / Sq Ft
06/16/2011 06/16/11 Pending -- -- --
03/18/2011 03/18/11 For Sale $879,000 -- $257 / 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
2026 $37,739 $2,937,514 $1,910,058 $1,027,456
2025 $37,739 $2,879,916 $1,872,606 $1,007,310
2024 $36,120 $2,823,448 $1,835,889 $987,559
2023 $35,513 $2,768,088 $1,799,892 $968,196
2022 $33,304 $2,713,812 $1,764,600 $949,212
2021 $22,150 $1,777,728 $1,339,737 $437,991
2020 $22,094 $1,760,100 $1,326,000 $434,100
2019 $21,833 $1,725,600 $1,300,000 $425,600
2018 $12,816 $988,593 $767,213 $221,380
2016 $11,796 $949,629 $737,422 $212,207
2015 $11,328 $935,366 $726,346 $209,020
2014 $11,266 $917,044 $712,118 $204,926
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P774195

California Regional Multiple Listing Service (CRMLS)
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