NOT LISTED FOR SALE
20 Beds
20 Baths
8,444 Sq Ft
8,324 Sq Ft Lot

Sale Details

Date Sold: September 1, 2015

Last sale price $1,999,000 $237 Per Sq Ft

17 Days on Market

Highlights

  • 20 Car Attached Garage
  • Laundry Facilities
  • Auto Driveway Gate

About This Home

As of September 2015

Great investment opportunity in the Southbay. Built in 1987, this non rent controlled building offers excellent unit mix with all 2 bedroom and 2 bath units. Lots of upside potential. Gated entry and parking area with 20 parking spaces. Individual metered for electricity and gas. Great location convenient to shopping, transportation, freeways and schools. Buyer to cooperate with seller's IRC 1031 exchange. Property to be sold "As Is" with no pest control inspections or clearance delivered by seller. Do not go on property - drive by only - tenants are not aware of sale. Showing only with accepted offer.

Last Agent to Sell the Property

Henry Ho

Help-U-Sell Westside Realty License #01319174 Listed on: 06/29/2015

Last Buyer's Agent

Donald Massimo

License #00455559

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 8,324 Sq Ft Lot

Interior Spaces

  • 8,444 Sq Ft Home
  • 2-Story Property
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 20 Bathrooms

Parking

  • 20 Car Attached Garage
  • Garage Door Opener
  • Auto Driveway Gate
  • Parking Garage Space

Community Details

  • 10 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 4042-020-034

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

8,324 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 8444
  • Lot Dimensions: A1
  • Price Per Unit: 199900.00
  • Probate: No
  • Stories: 2
  • Year Built: 1987
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 20
  • Common Walls: Attached
  • Laundry: Community
  • Laundry Equipment: Lease
  • Total Bathrooms: 20.00
  • Price Per S Q F T: 236.74

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Attached, Community Garage, Covered Parking, Door Opener, Driveway Gate
  • Total Parking: 20

Utilities

  • Number Electric Meters: 10
  • Number Gas Meters: 10
  • Water: Meter on Property

Lot Info

  • Assessed Improvement Value: 1018009
  • Assessed Land Value: 260236
  • Assessor Parcel Number: 4042-020-034
  • Geocode Override: No
  • Lot Size Area: 8324

Rental Info

  • Number Leased: 10
  • Total Actual Rent: 147972.00
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 13.50
  • Number Of Units: 10
  • Rent Control: 0
  • Type Of Units: Apt

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2015
Closed on
Aug 26, 2015
Sold by
Bought by
Seller's Agent
Henry Ho
Help-U-Sell Westside Realty
Buyer's Agent
Donald Massimo
List Price
$1,999,000
Sold Price
$1,999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,387,500
Interest Rate
0.0405%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 29, 2015
Closed on
Jul 16, 2015
Sold by
Bought by
Seller's Agent
Henry Ho
Help-U-Sell Westside Realty
Buyer's Agent
Donald Massimo
List Price
$1,999,000
Sold Price
$1,999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,387,500
Interest Rate
0.0405%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2014
Sold by
Bought by

Purchase Details

Closed on
Jan 21, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 25, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Lawyers Title Company
$1,999,000 Lawyers Title
-- None Available
-- None Available
-- None Available
-- None Available
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,300,000
Previous Owner $1,387,500
Previous Owner $610,000
Previous Owner $620,000
Previous Owner $560,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/01/2015 09/01/15 Sold $1,999,000 0.0% $237 / Sq Ft
07/16/2015 07/16/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $1,999,000 -- $237 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $31,972 $2,366,404 $473,516 $1,892,888
2024 $30,632 $2,320,005 $464,232 $1,855,773
2023 $29,515 $2,274,516 $455,130 $1,819,386
2022 $30,326 $2,229,918 $446,206 $1,783,712
2021 $29,531 $2,186,195 $437,457 $1,748,738
2019 $28,505 $2,124,403 $424,483 $1,699,920
2018 $27,497 $2,082,809 $416,160 $1,666,649
2016 $26,183 $1,999,000 $400,000 $1,599,000
2015 $18,700 $1,400,000 $500,000 $900,000
2014 $17,588 $1,278,245 $260,236 $1,018,009
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-918463

The MLS
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