$1,099,900
PENDING $100K PRICE DROP

Estimated payment $6,516/month

Total Views 571
12 Beds
5 Baths
3,464 Sq Ft
$318 Price per Sq Ft

About This Home

Just in time to start your investment portfolio or add to your existing portfolio.
Five unit property with 2 separate buildings.
Units are as follows:
3 - 3 bedrooms/1 bath
1 - 2 bedrooms/1 bath
1 - 1 bedroom/1 bath
Long term tenants with little to no maintenance.
5 separate electrical meters and 5 gas meters.
Walking distance to schools, parks, places of worship, and shopping.
Literally ZERO Vacancy rate.

Listing Agent

Jerry Avila

ALL NATIONS REALTY & INVS Brokerage Phone: 909-908-9474 License #01354211 Listed on: 03/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,419

Year Built

  • Built in 1948

Lot Details

  • 6,079 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • 3,464 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Legal Lot and Block 1 / 6
  • Tax Tract Number 12405
  • Assessor Parcel Number 5108024001

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $780
  • Insurance Expense $1,900
  • Professional Management Expense $430
  • Water Sewer Expense $600
  • New Taxes Expense $15,000
  • Operating Expense $18,710
  • Net Operating Income $55,270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,419

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Professional Management Expense: 430.00
  • Property Attached: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 5108024001
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 317.52

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6079.00
  • Lot Size Acres: 0.1396

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 73980.00
  • Insurance Expense: 1900.00
  • Lot Size Area: 6079.0000 Square Feet
  • Net Operating Income: 55270.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 18710.00
  • Rent Control: Yes
  • Total Actual Rent: 6165.00
  • Total Expenses: 18710.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Block: 6
  • Tax Census Tract: 2286.00
  • Tax Lot: 1
  • Tax Tract Number: 12405

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,419 $467,750 $170,605 $297,145
2024 $6,419 $458,579 $167,260 $291,319
2023 $6,309 $449,588 $163,981 $285,607
2022 $6,046 $440,773 $160,766 $280,007
2021 $5,961 $432,131 $157,614 $274,517
2019 $5,802 $419,316 $152,940 $266,376
2018 $5,714 $411,095 $149,942 $261,153
2016 $5,405 $395,133 $144,120 $251,013
2015 $5,335 $389,199 $141,956 $247,243
2014 $5,383 $381,576 $139,176 $242,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Pending -- -- --
05/21/2021 05/21/21 Price Changed $1,099,900 -8.3% $318 / Sq Ft
03/26/2021 03/26/21 For Sale $1,200,000 -- $346 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $329,000 Commonwealth Land Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,000 Commercial
Closed $263,200 Commercial
Closed $49,350 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21063467

California Regional Multiple Listing Service (CRMLS)

APN: 5108-024-001