$1,595,000

Estimated payment $10,413/month

Total Views 16
6 Beds
6 Baths
4,600 Sq Ft
$347 Price per Sq Ft

Highlights

  • 0.12 Acre Lot
  • Laundry Room
  • 2-minute walk to Pacific Station

About This Home

Great Downtown location blocks away from shopping, restaurants and so much more. Classic building with great unit mix (1) 2 bedroom unit (4) 1 bedroom units and (1) studio unit along with (2) garages. Laundry room leased for additional income. Potential ADU with its own bath as well as potential ADU conversion of garages. Nice backyard. Even without ADU's there is a substantial upside in rents. Security camera. Cap rate of 6

Listing Agent

Steve Gamez

P.R.S. Properties Brokerage Phone: 714-328-0832 License #00586247 Listed on: 09/05/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,364 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Apartment
  • Entry on the 100th floor

Interior Spaces

  • 4,600 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 28 / 62
  • Tax Tract Number 5759
  • Assessor Parcel Number 7280011019
  • $1,302 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Downtown Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,100
  • Insurance Expense $6,400
  • Water Sewer Expense $6,000
  • New Taxes Expense $19,200
  • Operating Expense $32,700
  • Gross Income $350
  • Net Operating Income $94,596

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

5,364 Sq Ft Lot

Parking

2

Listing Details

  • CapRate: 6.00
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • Water Sewer Expenses: 6000.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7280011019
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 100
  • Price Per Square Foot: 346.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Community, Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights, Urban, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 5364.00
  • Lot Size Acres: 0.1231

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Electric Expense: 1100.00
  • Garage Income: 300.00
  • Gross Income: 350.00
  • Gross Multiplier: 12.47
  • Gross Operating Income: 127296.00
  • Gross Scheduled Income: 127296.00
  • Insurance Expense: 6400.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 50.00
  • Lot Size Area: 5364.0000 Square Feet
  • Net Operating Income: 94596.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 26.00
  • Rent Control: Yes
  • Total Actual Rent: 10308.00
  • Total Expenses: 32700.00

Tax Info

  • New Taxes Expense: 19200.00
  • Tax Block: 62
  • Tax Lot: 28
  • Tax Tract Number: 5759
  • TaxOtherAnnualAssessmentAmount: 1302.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $19,358 $1,450,725 $1,015,509 $435,216
2025 $19,358 $1,422,281 $995,598 $426,683
2024 $18,518 $1,394,394 $976,077 $418,317
2023 $18,202 $1,367,054 $956,939 $410,115
2022 $17,092 $1,340,250 $938,176 $402,074
2021 $16,738 $1,313,972 $919,781 $394,191
2019 $16,498 $1,275,400 $892,500 $382,900
2018 $16,053 $1,250,400 $875,000 $375,400
2017 $9,587 $708,737 $496,434 $212,303
2016 $8,906 $694,841 $486,700 $208,141
2015 $8,560 $684,405 $479,390 $205,015
2014 $8,525 $671,000 $470,000 $201,000
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 Prior Sale
09/05/2026 09/05/26 For Sale $1,595,000 0.0% $347 / Sq Ft
09/27/2024 09/27/24 For Rent $1,695 0.0% --
11/21/2017 11/21/17 Sold $1,250,000 +4.2% $272 / Sq Ft View Prior Sale
09/19/2017 09/19/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $1,200,000 +78.8% $261 / Sq Ft
07/11/2013 07/11/13 Sold $671,000 -18.7% $146 / Sq Ft View Prior Sale
05/06/2013 05/06/13 Pending -- -- --
12/06/2012 12/06/12 For Sale $825,000 -- $179 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 Type Sale Price Title Company
Grant Deed $1,250,000 California Title Company
Grant Deed $671,000 California Title Company
Grant Deed $100,000 Fidelity National Title
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 Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $529,500 Adjustable Rate Mortgage/ARM
Previous Owner $436,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26195086

California Regional Multiple Listing Service (CRMLS)
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