L
Seller's Agent in 2018
Larry Koch
RE/MAX
434 B St Empire, CA 95319
Studio
4
Baths
--
Sq Ft
1.85
Acres Lot
Highlights
- No HOA
- Patio
- 1-Story Property
- Cottage
- Central Heating
About This Home
As of October 201819 2br 1ba cottages with fenced yard space and abundant parking make this multi-family complex highly desirable and keeps it 100% occupied. 23 single story units totaling 18,833 sq. ft. on a 1.85 acre lot. Built in 1967, most of the units feature washer/dryer hook-ups and upgraded HVAC systems. Property is well maintained with no significant deferred maintenance. Cap rate of 6.8% is based upon actual 2018 rents and actual 2017 reported expenses. 2018 Tenant Roll and 2017 tax return attached.
Last Agent to Sell the Property
Larry Koch
RE/MAX Executive License #01107631 Listed on: 08/18/2018
Last Buyer's Agent
Non-MLS Member
Non-MLS Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,841
Year Built
- Built in 1967
Lot Details
- 1.85
Parking
- 75 Open Parking Spaces
- 1 Car Garage
- 1 Parking Space Included
Home Design
- Cottage
- Composition Roof
Utilities
- Central Heating
- 220 Volts
- Cable TV Available
Additional Features
- 1-Story Property
- Patio
- 1.85 Acre Lot
Listing and Financial Details
- Tenant pays for cable tv electricity gas
- Assessor Parcel Number 133-003-006-000
Community Details
Overview
- No Home Owners Association
- 21 Buildings
- 23 Units
Building Details
- 22 Leased Units
- 22 Units Leased Month-To-Month
- Insurance Expense $5,321
- Operating Expense $45,169
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2018 10/29/18 | Sold | $2,150,000 | -2.1% | -- |
| 08/23/2018 08/23/18 | Pending | -- | -- | -- |
| 08/17/2018 08/17/18 | For Sale | $2,195,000 | -- | -- |
Source: MetroList
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $32,322 | $2,397,223 | $234,257 | $2,162,966 |
| 2024 | $31,665 | $2,350,602 | $229,664 | $2,120,938 |
| 2023 | $33,125 | $2,303,895 | $225,161 | $2,078,734 |
| 2022 | $31,269 | $2,259,085 | $220,747 | $2,038,338 |
| 2021 | $31,231 | $2,215,153 | $216,419 | $1,998,734 |
| 2020 | $30,704 | $2,192,630 | $214,200 | $1,978,430 |
| 2019 | $30,083 | $2,150,000 | $210,000 | $1,940,000 |
| 2018 | $12,291 | $484,141 | $168,394 | $315,747 |
| 2017 | $11,984 | $474,649 | $165,093 | $309,556 |
| 2016 | $11,699 | $465,343 | $161,856 | $303,487 |
| 2015 | $11,601 | $458,354 | $159,425 | $298,929 |
| 2014 | $11,466 | $449,377 | $156,303 | $293,074 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2018
Non-MLS Member
Non-MLS Office
Map
Source: MetroList
MLS Number: 18057342
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