$725,000
SOLD JUL 10, 2024
4 Beds
3 Baths
2,093 Sq Ft
7,566 Sq Ft Lot

Recently Sold

$346 Per Sq Ft

5% Above List Price

81 Days on Market

Highlights

  • No HOA
  • No Heating
  • 1-Story Property
  • Laundry Room

About This Home

As of July 2024

Duplex for Sale! Two buildings on one Parcel. The front house has 3 bedrooms and 2 full baths and is approximately 1,542 Sq Ft. The Master Bedroom has a full bath and a walk-in closet. It has a large 13'x21' room with double doors that is currently being used as a 4th bedroom. This home also has a foyer and a Spacious interior Laundry room. Open driveway and open parking lot allow for multiple cars or a possible RV. The back unit has 1 bedroom and 1 bath and is approximately 491 sq ft. The tenant is also on a month-to-month. Both units have a yard and their own parking.

Last Agent to Sell the Property

Minerva Garcia

Coldwell Banker West Brokerage Email: realestate@minervagarcia.net License #01301915 Listed on: 02/29/2024

Coldwell Banker West

Last Buyer's Agent

Gustavo Toscano

Coldwell Banker West License #01708463

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 7,566 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 2,093 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 08220 / E/20
  • Tax Tract Number 1899
  • Assessor Parcel Number 5511731200

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,200
  • Water Sewer Expense $4,030
  • New Taxes Expense $9,221
  • Operating Expense $17,451
  • Gross Income $38,800
  • Net Operating Income $22,982

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 3.20
  • Price Per Unit: 345000
  • Property Attached: No
  • Subdivision Name Other: Highland Square
  • View: No
  • Water Sewer Expenses: 4030.00
  • Zoning: Land use- Multi-Family Dwellings Gene...
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5511731200
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 346.39

Exterior Features

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

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7566.00
  • Lot Size Acres: 0.1737

Multi Family

  • Gross Income: 38800.00
  • Gross Scheduled Income: 38880.00
  • Insurance Expense: 4200.00
  • Lot Size Area: 7566.0000 Square Feet
  • Net Operating Income: 22982.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 15898.00
  • Rent Control: No
  • Total Expenses: 17451.00

Tax Info

  • New Taxes Expense: 9221.00
  • Tax Block: E/20
  • Tax Lot: 08220
  • Tax Tract Number: 001899

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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
07/10/2024 07/10/24 Sold $725,000 +5.1% $346 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/14/2024 05/14/24 Price Changed $690,000 0.0% $330 / Sq Ft
05/14/2024 05/14/24 For Sale $690,000 -11.0% $330 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $775,000 +109.5% $370 / Sq Ft
05/03/2013 05/03/13 Sold $370,000 0.0% --
04/18/2013 04/18/13 Pending -- -- --
03/31/2013 03/31/13 For Sale $370,000 +27.6% --
02/29/2012 02/29/12 Sold $290,000 +3.9% --
01/20/2012 01/20/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $279,000 -- --
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: PTP2401130

California Regional Multiple Listing Service (CRMLS)

APN: 551-173-12-00