$1,950,000
PENDING

Estimated payment $12,751/month

Total Views 3,861
-- Bed
-- Bath
3,094 Sq Ft
$630 Price per Sq Ft

Highlights

  • Property is near public transit
  • No HOA
  • Gentle Sloping Lot
  • Birney Elementary School Rated A
  • Rectangular Lot
  • No Heating

About This Home

This property has land value as a redevelopment. It is being sold along with the adjacent parcel at 4324 Cleveland Ave. Two R3 Parcels, Each 6000 Sq Ft. plus. Each offered at 1,950,000. Must sell together or concurrently. Improvements are old. Effective year built was cptured from the assessors records.

Listing Agent

Dan Brophy

Flying Dog Enterprises Inc Brokerage Email: dbrophy@flyingdogent.com License #00578892 Listed on: 11/15/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2015

Lot Details

  • 6,964 Sq Ft Lot
  • Lot Dimensions are 50x139x50x140
  • Two or More Common Walls
  • Rectangular Lot
  • Gentle Sloping Lot
  • Front Yard
  • 4452712000 is adjacent and must be bought togther or close concurrently.

Parking

  • 1 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,094 Sq Ft Home
  • 2-Story Property

Additional Features

  • Property is near public transit
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 19 / 271
  • Tax Tract Number 445
  • Assessor Parcel Number 4452711900

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,040
  • Professional Management Expense $6,000
  • Water Sewer Expense $1,025
  • New Taxes Expense $19,500
  • Operating Expense $28,565
  • Gross Income $127,872
  • Net Operating Income $84,100

Property Details

Home Type

Multi-Family

Year Built

Built in 2015

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • CapRate: 4.00
  • Price Per Unit: 325000
  • Professional Management Expense: 6000.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1025.00
  • Zoning: R-3 Restricted Multiple
  • Property Type: Residential Income
  • Parcel Number: 4452711900
  • Year Built: 2015
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 630.25

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 4452712000 is adjacent and must be bought togther or close concurrently.
  • Land Lease: No
  • Lot Features: Front Yard, Gentle Sloping, Rectangular Lot, Near Public Transit
  • Lot Size: 50x139x50x140
  • Lot Size Sq Ft: 6964.00
  • Lot Size Acres: 0.1599

Multi Family

  • Gross Income: 127872.00
  • Gross Scheduled Income: 124872.00
  • Insurance Expense: 2040.00
  • Lot Size Area: 6964.0000 Square Feet
  • Net Operating Income: 84100.00
  • 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: 40772.00
  • Rent Control: Yes
  • Total Expenses: 28565.00

Tax Info

  • New Taxes Expense: 19500.00
  • Tax Block: 271
  • Tax Lot: 19
  • Tax Tract Number: 445

Map

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
11/18/2024 11/18/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $1,950,000 -- $630 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2407039

California Regional Multiple Listing Service (CRMLS)