NOT LISTED FOR SALE
3 Beds
2 Baths
1,486 Sq Ft
1,486 Sq Ft Lot

Last Sold March 26, 2013

Last sale price $131,250 $88 Per Sq Ft

34 Days on Market

About This Home

As of March 2013

*****GOING TO AUCTION MARCH 5th!!*******

CURRENTLY RENTED FOR $1,250 A MONTH!! COMPLETELY REMODELED..!!, - SEE PICS..!! 30% CASH ON CASH YIELD...!!!
ALL BRAND NEW! - roof, windows, HVAC (each unit), kitchen cabinets & granite countertops, flooring & carpet, bathrooms. garage door, landscaping, block wall & iron gates. Cash-on-Cash Yield is off the charts ! - close to 30% yield per owner estimate with 20% down @ 3.5% loan.

Please do not disturb tenants

Last Agent to Sell the Property

Max McDermott

Secured Income Group Inc License #01172284 Listed on: 02/05/2013

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 1,486 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • 1,486 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 2
  • Tax Tract Number 21340
  • Assessor Parcel Number 3142019021

Community Details

Overview

  • No Home Owners Association

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Trash Expense $600
  • New Taxes Expense $1,243
  • Gross Income $1,250
  • Net Operating Income $12,457

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 3142019021
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 88.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Lot Size Sq Ft: 1486.00
  • Lot Size Acres: 0.0340

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 1250.00
  • Gross Scheduled Income: 15000.00
  • Insurance Expense: 700.00
  • Lot Size Area: 1486.0000 Square Feet
  • Net Operating Income: 12457.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1243.00
  • Tax Lot: 2
  • Tax Tract Number: 21340
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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
03/26/2013 03/26/13 Sold $131,250 +75.0% $88 / Sq Ft
03/11/2013 03/11/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $75,000 -- $50 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13018090

California Regional Multiple Listing Service (CRMLS)