$975,000
SOLD SEP 26, 2025
-- Bed
-- Bath
2,044 Sq Ft
0.29 Acres

Recently Sold

$477 Per Sq Ft

2% Below List Price

17 Days on Market

Highlights

  • Lawn
  • No Heating
  • 1-Story Property
  • No HOA

About This Home

As of September 2025

Well-cared-for triplex owned long-term and fully occupied with stable tenants. A solid property in a central South Bay location, close to daily conveniences and freeway access.

Last Agent to Sell the Property

Christina Rounds

Encore Realty Brokerage Email: crounds@encorerealtysd.com License #01861996 Listed on: 08/01/2025

Last Buyer's Agent

Maxwell Brown

Commercial Asset Advisors License #02127395

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 0.29 Acre Lot
  • 1 Common Wall
  • Lawn
  • Back and Front Yard

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,044 Sq Ft Home
  • 1-Story Property

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Lot 5651320800
  • Tax Tract Number 505
  • Assessor Parcel Number 5651320800
  • $41 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,500
  • Trash Expense $480
  • New Taxes Expense $11,682
  • Operating Expense $27,473
  • Gross Income $59,512
  • Net Operating Income $32,038

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 3.24
  • Property Attached: Yes
  • View: No
  • Zoning: R-3:RESTRICTED MULTIPLE
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5651320800
  • Year Built: 1945
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 484.34

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 480.00

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 12632.40
  • Lot Size Acres: 0.2900

Multi Family

  • Gross Income: 59512.00
  • Gross Scheduled Income: 60418.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 0.2900 Acres
  • Net Operating Income: 32038.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 27473.00
  • Rent Control: No
  • Total Expenses: 27473.00

Tax Info

  • New Taxes Expense: 11682.00
  • Tax Lot: 5651320800
  • Tax Tract Number: 000505
  • TaxOtherAnnualAssessmentAmount: 40.88

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2025 09/26/25 Sold $975,000 -1.5% $477 / Sq Ft
08/18/2025 08/18/25 Pending -- -- --
08/01/2025 08/01/25 For Sale $990,000 -- $484 / 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: PTP2505871

California Regional Multiple Listing Service (CRMLS)

APN: 565-132-08-00