$1,275,000
SOLD MAR 15, 2013
-- Bed
-- Bath
4,872 Sq Ft
4,728 Sq Ft Lot

Recently Sold

$262 Per Sq Ft

5% Below List Price

20 Days on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • Granite Countertops
  • Woodrow Wilson High School Rated A
  • Modern Architecture
  • Balcony

About This Home

As of August 2021

Rare townhouse style two story 6 attached units with 9 parking spaces below. Totally remodeled kitchens and baths with NEWER double pane windows, roof, newer appliances in kitchens including the stack washer/dryers each unit, landscaping with storage closets for each unit in the community parking on first level. Exterior Stairs leading to these units are behind locking iron gates in front. Interior walls on the attached unit sides have been double drywalled between the units with stairways leading to upstairs 2bedrooms and 2 baths. These units have been remodeled to meet condo conversion requirements but the process has not been completed. This might add considerable value to the building if condo approval and converted in the next few years.

Last Agent to Sell the Property

Larry Boren

LB Brokerage, Inc License #00605203 Listed on: 12/20/2012

Last Buyer's Agent

Larry Boren

LB Brokerage, Inc License #00605203 Listed on: 12/20/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 4,728 Sq Ft Lot
  • Lot Dimensions are 45x105

Home Design

  • Modern Architecture
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,872 Sq Ft Home
  • Double Pane Windows
  • Sliding Doors

Kitchen

  • Gas Oven or Range
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Laundry

  • Laundry in Kitchen
  • Stacked Washer and Dryer

Parking

  • 9 Parking Spaces
  • Subterranean Parking
  • Gated Parking

Outdoor Features

  • Balcony

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 47
  • Tax Tract Number 3696
  • Assessor Parcel Number 7241007027

Community Details

Overview

  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $75
  • Gardener Expense $70
  • Insurance Expense $275
  • Maintenance Expense $50
  • Other Expense $100
  • Professional Management Expense $300
  • Supplies Expense $80
  • Water Sewer Expense $100
  • New Taxes Expense $1,200
  • Gross Income $8,370
  • Net Operating Income $100,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 7.46
  • Professional Management Expense: 300.00
  • Supplies Expense: 80.00
  • View: No
  • Water Sewer Expenses: 100.00
  • Architectural Style: Modern
  • Property Type: Residential Income
  • Gardener Expense: 70.00
  • Parcel Number: 7241007027
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Granite Counters
  • Flooring: Carpet, Wood
  • Appliances: No
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 261.70
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Gated, Subterranean
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Free Standing, Gas Cooking, Microwave, Range, Refrigerator
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Dryer Included, In Kitchen, Stackable, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 45x105
  • Lot Size Sq Ft: 4728.00
  • Lot Size Acres: 0.1090

Multi Family

  • Electric Expense: 75.00
  • Gross Income: 8370.00
  • Gross Multiplier: 13.35
  • Gross Scheduled Income: 100800.00
  • Insurance Expense: 275.00
  • Maintenance Expense: 50.00
  • Net Operating Income: 100440.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Number Wall A C: 6
  • Number With Carpet: 6
  • Number With Dishwasher: 6
  • Number With Disposal: 6
  • Number With Refrigerator: 6
  • Operating Expense: 76019.00
  • Other Expense: 100.00

Tax Info

  • New Taxes Expense: 1200.00
  • Tax Area: 5500
  • Tax Lot: 47
  • Tax Tract Number: 3696

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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
08/06/2021 08/06/21 Sold $2,275,000 -5.2% $467 / Sq Ft
09/30/2020 09/30/20 For Sale $2,400,000 +88.2% $493 / Sq Ft
03/15/2013 03/15/13 Sold $1,275,000 -5.3% $262 / Sq Ft
01/09/2013 01/09/13 Pending -- -- --
12/20/2012 12/20/12 For Sale $1,345,987 -- $276 / 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: P843883

California Regional Multiple Listing Service (CRMLS)