NOT LISTED FOR SALE
5 Beds
3 Baths
3,800 Sq Ft
5,193 Sq Ft Lot

Last Sold September 08, 2020

Last sale price $985,000 $259 Per Sq Ft

Highlights

  • New Construction
  • Laundry Room
  • 4-minute walk to Ross Snyder Recreation Center

About This Home

As of September 2020

Brand new 2 unit investment property available for a real estate investor or homeowner looking to live in one and rent the other. The property sits nearby the Ross Snyder Recreational Center, Thomas Jefferson High school, and a great selection of local markets. There is plenty of parking with a 3 car garage and driveway. Both units (5BR/3BA) are separately metered for water/electricity, come with brand new stove/oven, miniblinds, and washer & dryer hookups.

Last Agent to Sell the Property

Keegan Olsen

Olsen Realty License #02096850 Listed on: 07/09/2020

Last Buyer's Agent

Keegan Olsen

Olsen Realty License #02096850 Listed on: 07/09/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 5,193 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 3,800 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 2282
  • Assessor Parcel Number 5116010032

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,300
  • Other Expense $730
  • Professional Management Expense $3,720
  • New Taxes Expense $11,567
  • Operating Expense $18,766
  • Gross Income $72,960
  • Net Operating Income $54,194

Property Details

Home Type

Multi-Family

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Professional Management Expense: 3720.00
  • Property Attached: Yes
  • New Construction: Yes
  • Property Type: Residential Income
  • Parcel Number: 5116010032
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 259.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5193.00
  • Lot Size Acres: 0.1192

Multi Family

  • Gross Income: 72960.00
  • Gross Scheduled Income: 76800.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 5193.0000 Square Feet
  • Net Operating Income: 54194.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 18766.00
  • Other Expense: 730.00
  • Other Expense Description: reserves
  • Rent Control: No
  • Total Expenses: 18766.00

Tax Info

  • New Taxes Expense: 11567.00
  • Tax Lot: 11
  • Tax Tract Number: 2282

Range of Values:

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Average Value
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List Price
Sold Price
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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
09/08/2020 09/08/20 Sold $985,000 0.0% $259 / Sq Ft
07/09/2020 07/09/20 For Sale $985,000 -- $259 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
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: OC20133075

California Regional Multiple Listing Service (CRMLS)