NOT LISTED FOR SALE
1 Bed
1 Bath
1,863 Sq Ft
4,500 Sq Ft Lot

Last Sold June 02, 2014

Last sale price $541,149 $290 Per Sq Ft

172 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Laguna Middle School Rated A
  • Storage
  • Ceiling Fan

About This Home

As of June 2014

Marketing Remarks: Enjoy the benefits of this downtown SLO location, which is close to the new Fresh & Easy and Hawthorn Elementary. These corner lot homes are an excellent investment opportunity with a history of steady tenancy. Also, because these are two separate houses, you could live in one home and rent the other one.

Last Agent to Sell the Property

Bill Austin

Pacific Properties Home Estate Investment License #00351427 Listed on: 10/18/2013

Last Buyer's Agent

Kim Wurster

BHGRE HAVEN PROPERTIES License #01018025

BHGRE HAVEN PROPERTIES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 4,500 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,863 Sq Ft Home
  • Central Vacuum
  • Ceiling Fan
  • Storage
  • Laundry Room

Parking

  • Parking Available
  • On-Street Parking
  • On-Site Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Community Details

  • 2 Units
  • Net Operating Income $25,988

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 003735011

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • CapRate: 4.00
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 003735011
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Storage, Vacuum Central
  • Levels: One
  • Price Per Square Foot: 290.47

Exterior Features

  • Foundation: Raised
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site, Street

Utilities

  • Utilities: Cable Available, Phone Connected
  • Laundry: Yes
  • Heating Type: Forced Air, Wall Furnace
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Level with Street, Paved, Corner Lot
  • Lot Size Sq Ft: 4500.00
  • Lot Size Acres: 0.1000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Multiplier: 19.50
  • Lot Size Area: 0.1000 Acres
  • Net Operating Income: 25988.00
  • Number Of Units Total: 2
  • Operating Expense: 5092.00
  • Vacancy Allowance: 601
  • Vacancy Allowance Rate: 2.00

Range of Values:

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Average Value
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List Price
Sold Price
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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
06/02/2014 06/02/14 Sold $541,149 -10.8% $290 / Sq Ft
04/08/2014 04/08/14 Pending -- -- --
10/18/2013 10/18/13 For Sale $607,000 -- $326 / Sq Ft
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: SC201586

California Regional Multiple Listing Service (CRMLS)

APN: 003-735-011