NOT LISTED FOR SALE

Estimated Value: $668,000 - $977,569

4 Beds
4 Baths
3,992 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 10, 2016

Last sale price $419,000 $105 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,085/month

55 Days on Market

Highlights

  • 0.34 Acre Lot
  • Private Yard
  • Laundry Room
  • Property is near public transit
  • No HOA
  • Landscaped

About This Home

As of July 2016

This is a fantastic investment opportunity! These single story units are in top condition and are fully rented. All units feature 2 bedrooms and 2 bathrooms along with attached 2 car garages. Exterior areas feature a fenced yard and plenty of off street parking. PLEASE SEE AGENT REMARKS for information on offer process. PLEASE do not disturb occupants.

Last Agent to Sell the Property

Jodie Shepherd-Troth

Berkshire Hathaway HomeServices Troth, Realtors License #01046988 Listed on: 04/26/2016

Berkshire Hathaway HomeServices Troth, Realtors

Last Buyer's Agent

Linda Chang

Dynasty Realty License #01823947

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.34 Acre Lot
  • Two or More Common Walls
  • Landscaped
  • Front Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage

Home Design

  • Property Attached
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,992 Sq Ft Home
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 9-12
  • Tax Tract Number 1401
  • Assessor Parcel Number 3138016035

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $4,000
  • Trash Expense $1,222
  • Water Sewer Expense $1,765
  • New Taxes Expense $5,926
  • Gross Income $3,050
  • Net Operating Income $19,970

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Parking

8

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1765.00
  • Property Type: Residential Income
  • Parcel Number: 3138016035
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 104.96

Exterior Features

  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Inside
  • Trash Expense: 1222.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, 0-1 Unit/Acre, Front Yard, Lawn, Landscaped, Lot 10000-19999 Sqft, Sprinklers In Front, Near Public Transit, Yard
  • Lot Size Sq Ft: 14929.00
  • Price Per Lot Square Foot: 28.07
  • Lot Size Acres: 0.3430

Multi Family

  • Average2 Bed Area: 998
  • Gross Income: 3050.00
  • Gross Scheduled Income: 36600.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 14929.0000 Square Feet
  • Net Operating Income: 19970.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 16630.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5926.00
  • Tax Lot: 9-12
  • Tax Tract Number: 01401
  • Tax Year: 5926

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jun 16, 2016
Sold by
Soss William N
Bought by
W & W Usa Investments Llc
Seller's Agent
Jodie Shepherd-Troth
Berkshire Hathaway HomeServices Troth, Realtors
Buyer's Agent
Linda Chang
Dynasty Realty
List Price
$475,000
Sold Price
$419,000
Premium/Discount to List
-$56,000
-11.79%
Current Estimated Value
$849,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,392
Avg. Annual Appreciation
7.74%

Purchase Details

Closed on
Aug 15, 2015
Sold by
Lager Richard
Bought by
Lager Living Trust

Purchase Details

Closed on
Aug 29, 2001
Sold by
Soss William Nolan
Bought by
Soss William N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
W & W Usa Investments Llc $419,000 Fatcola
Lager Living Trust -- None Available
Soss William N -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2016 07/10/16 Sold $419,000 0.0% $105 / Sq Ft
07/08/2016 07/08/16 Sold $419,000 -11.8% $105 / Sq Ft View Prior Sale
06/20/2016 06/20/16 Pending -- -- --
06/13/2016 06/13/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $475,000 0.0% $119 / Sq Ft
02/27/2016 02/27/16 For Sale $475,000 -- $119 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $7,771 $486,279 $63,249 $423,030
2024 $7,771 $476,745 $62,009 $414,736
2023 $7,635 $467,398 $60,794 $406,604
2022 $7,516 $458,234 $59,602 $398,632
2021 $7,408 $449,250 $58,434 $390,816
2019 $7,203 $435,926 $56,701 $379,225
2018 $7,097 $427,380 $55,590 $371,790
2016 $6,747 $411,371 $106,644 $304,727
2015 $5,927 $342,000 $88,700 $253,300
2014 $5,677 $315,000 $81,600 $233,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16054635

California Regional Multiple Listing Service (CRMLS)

APN: 3138-016-035