$975,000
SOLD NOV 5, 2024

421 S San Lorenzo Ave King City, CA 93930

8 Beds
4 Baths
3,200 Sq Ft
0.38 Acres

Recently Sold

$305 Per Sq Ft

2 Days on Market

Highlights

  • 0.38 Acre Lot
  • Storage Room
  • Ceiling Fan
  • Laundry Room
  • Tile Flooring
  • Coin Laundry

About This Home

As of November 2024

This updated fourplex is a stellar investment opportunity, offering modern living in a highly desirable location. Each unit has been recently updated, ensuring contemporary amenities and comfort for tenants. The property features generous storage solutions within each unit, plus additional storage space adjacent to the carport. The low-maintenance design enhances the property's appeal, while the carport, conveniently located near the on-site laundry room, adds to the overall convenience. Positioned near the fairgrounds, park, stores, golf course, and school, this fourplex offers an ideal mix of accessibility and quality living for its residents. Don't miss out on this opportunity to own a well-maintained property in a prime location with excellent amenities and expansion potential

Last Agent to Sell the Property

Katie Harris

Buttgereit Pettitt & Davis Agency License #02078781 Listed on: 09/23/2024

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • 0.38 Acre Lot
  • Grass Covered Lot

Parking

  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Tar and Gravel Roof

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Storage Room
  • Laundry Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Range Hood

Flooring

  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Vented Exhaust Fan

Listing and Financial Details

  • Total Actual Rent $5,420

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,430
  • Insurance Expense $2,095
  • Maintenance Expense $6,104
  • Manager Expense $4,212
  • Utility Expense $5,075
  • Trash Expense $3,483
  • Operating Expense $26,927
  • Gross Income $5,816

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Fourplex
  • Age: 56
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Kitchen: Countertop - Other, Exhaust Fan, Hood Over Range, Oven Range, Refrigerator
  • Living Sq Ft: 3200
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Foundation: Crawl Space
  • Roof: Tar And Gravel
  • Yard/Grounds: Low Maintenance

Garage/Parking

  • Garage Parking Features: Covered Parking
  • Carport Min: 4

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: King City Joint Union High

Lot Info

  • Lot Acres: 0.3797
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 16541.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 16541.00

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 165.96
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2095
  • Expense Landscape: 1430
  • Expense Maintenance: 6104
  • Expense Management: 4212
  • Expenses Total: 26927
  • Expenses Utility: 5075
  • Expense Trash: 3483
  • Income Annual Gross: 5816.00
  • Income Annual Rental: 5420
  • Income Gross Scheduled: 5875
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 455
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Maintenance - Laundry, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities
  • Tenant Expenses: Rent Only
  • Vacancy Factor: 1

Range of Values:

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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
11/05/2024 11/05/24 Sold $975,000 0.0% $305 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $975,000 -- $305 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Katie Harris

    Seller's Agent in 2024

    Katie Harris

    Buttgereit Pettitt & Davis Agency

    (831) 229-9379

    27 in this area

    38 Total Sales

    Katie Harris
    Section Image

  • R

    Buyer's Agent in 2024

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81981337

MLSListings

APN: 026-151-066

California Monterey County King City 93930

421 S San Lorenzo Ave, King City, CA

This home is located at 421 S San Lorenzo Ave, King City, CA 93930 and is currently priced at $975,000, approximately $304 per square foot. This property was built in 1968. 421 S San Lorenzo Ave is a home located in Monterey County with nearby schools including Santa Lucia Elementary School, Del Rey Elementary School, and Chalone Peaks Middle School.

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