NOT LISTED FOR SALE
8 Beds
6 Baths
4,932 Sq Ft
6,273 Sq Ft

Last Sold November 08, 2013

Last sale price $1,000,000 $203 Per Sq Ft

75 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Laundry Room
  • Central Heating
  • No HOA

About This Home

As of November 2013

7 Units apartment, well maintained and fully occupied. 100 % occupancy at all time, no rent control, and all units have been redone all in great shape. 5 garages with carports, each tenants have a place to park. Gated building with security system. Laundry facility on site.

Last Agent to Sell the Property

Natalie Tagle

Golden Crystal Properties License #01279064 Listed on: 07/28/2013

Last Buyer's Agent

Natalie Tagle

Golden Crystal Properties License #01279064 Listed on: 07/28/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 6,251 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Property fronts an alley
  • 1 Common Wall

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 4,932 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance, insurance
  • Tax Lot 53&5
  • Tax Tract Number 28
  • Assessor Parcel Number 4711522900

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • Electric Expense $300
  • Insurance Expense $1,500
  • Maintenance Expense $1,200
  • Trash Expense $1,728
  • Water Sewer Expense $2,200
  • New Taxes Expense $9,390
  • Gross Income $7,600
  • Net Operating Income $89,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

6,251 Sq Ft Lot

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Water Sewer Expenses: 2200.00
  • Property Type: Residential Income
  • Parcel Number: 4711522900
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 202.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Trash Expense: 1728.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 6251.00
  • Lot Size Acres: 0.1440

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance, Insurance

Multi Family

  • Average1 Bed Area: 800
  • Average2 Bed Area: 900
  • Average3 Bed Area: 1100
  • Electric Expense: 300.00
  • Gross Income: 7600.00
  • Gross Scheduled Income: 91200.00
  • Insurance Expense: 1500.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 6251.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 89500.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Number With Dishwasher: 7
  • Number With Disposal: 7
  • Number With Range: 7
  • Number With Refrigerator: 7
  • Operating Expense: 17000.00
  • Rent Control: No
  • Total Actual Rent: 7525.00
  • Waterfront Features: Bay Front

Tax Info

  • New Taxes Expense: 9390.00
  • Tax Lot: 53&5
  • Tax Tract Number: 0028
  • Tax Year: 2012
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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
11/08/2013 11/08/13 Sold $1,000,000 -16.6% $203 / Sq Ft
10/11/2013 10/11/13 Pending -- -- --
07/28/2013 07/28/13 For Sale $1,199,000 -- $243 / 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 $27,889 $2,308,127 $955,087 $1,353,040
2024 $27,889 $2,262,870 $936,360 $1,326,510
2023 $27,273 $1,155,149 $462,058 $693,091
2022 $14,143 $1,155,149 $462,058 $693,091
2021 $14,046 $1,132,500 $452,999 $679,501
2020 $13,877 $1,120,889 $448,355 $672,534
2019 $13,630 $1,098,912 $439,564 $659,348
2018 $12,746 $1,077,366 $430,946 $646,420
2017 $12,443 $1,056,243 $422,497 $633,746
2016 $12,243 $1,035,533 $414,213 $621,320
2015 $12,062 $1,019,980 $407,992 $611,988
2014 $11,873 $1,000,000 $400,000 $600,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW13149339

California Regional Multiple Listing Service (CRMLS)

APN: 471-152-29-00

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