NOT LISTED FOR SALE
2 Beds
10 Baths
5,290 Sq Ft
5,215 Sq Ft Lot Lot

Sale Details

Date Sold: March 17, 2013

Last sale price $800,000 $151 Per Sq Ft

286 Days on Market

Highlights

  • 0.12 Acre Lot
  • 4-minute walk to Pacific Station
  • No Heating
  • Traditional Architecture

About This Home

As of March 2013

Downtown!! 10 Units with a 11th unit converted without permits. 8 large studios (500sqft)with seperate kitchens, walkin closets and bath. 2 large 1bed with dinning area walkin closets and seperate kitchen. The 11th unit was a look out tower (original part of building) Many upgrades, copper plumbng, water heater, and etc. Owner owns laundry equipment and can an extra $300 a month. Great tenants.

Last Agent to Sell the Property

Sean Daugherty

Advantage Investment Propertie License #01311465 Listed on: 03/12/2013

Last Buyer's Agent

Sean Daugherty

Advantage Investment Propertie License #01311465 Listed on: 03/12/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 5,215

Home Design

  • 5,290 Sq Ft Home
  • Traditional Architecture
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 10 Bathrooms

Additional Features

  • 5,215 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 0.1 / 84
  • Assessor Parcel Number 7280013008

Community Details

Overview

  • 11 Units

Building Details

  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Insurance Expense $1,500
  • Trash Expense $360
  • Water Sewer Expense $6,000
  • New Taxes Expense $10,800
  • Gross Income $8,640
  • Net Operating Income $94,080

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

5,215 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 11.27
  • View: No
  • Water Sewer Expenses: 6000.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7280013008
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 151.23

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 360.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5215.00
  • Lot Size Acres: 0.1200

Multi Family

  • Average1 Bed Area: 800
  • Average Studio Area: 500
  • Electric Expense: 360.00
  • Gross Income: 8640.00
  • Gross Multiplier: 8.05
  • Gross Scheduled Income: 103680.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 94080.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 11
  • Operating Expense: 9600.00

Tax Info

  • New Taxes Expense: 10800.00
  • Tax Area: 11934
  • Tax Block: 84
  • Tax Lot: 0.1
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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 List to Sale Price per Sq Ft
03/17/2013 03/17/13 Sold $800,000 -11.0% $151 / Sq Ft
01/01/2013 01/01/13 Pending -- -- --
03/21/2012 03/21/12 For Sale $899,000 -- $170 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,741 $985,129 $689,594 $295,535
2024 $13,741 $965,814 $676,073 $289,741
2023 $13,491 $946,877 $662,817 $284,060
2022 $12,687 $928,312 $649,821 $278,491
2021 $12,395 $910,111 $637,080 $273,031
2019 $12,216 $884,060 $618,185 $265,875
2018 $11,880 $866,745 $606,064 $260,681
2016 $10,934 $832,186 $582,531 $249,655
2015 $10,515 $819,686 $573,781 $245,905
2014 $10,487 $803,631 $562,542 $241,089
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P816100

California Regional Multiple Listing Service (CRMLS)
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