NOT LISTED FOR SALE
6 Beds
4 Baths
1,400 Sq Ft
6,210 Sq Ft Lot

Last Sold July 31, 2024

Last sale price $1,825,000 $1,304 Per Sq Ft

19 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • No Heating
  • Lewis Middle School Rated A-
  • Level Lot
  • 3-minute walk to Kensington Mini Park

About This Home

As of July 2024

Premier Investment Opportunity located in Kensington. NOI $9800.00 per month. Another opportunity for a 4th garage unite conversion bringing in more monthly income. All interiors were upgraded throughout in the last five years. All three units are currently rented with leases month to month.

Last Agent to Sell the Property

Mark Browne

Seaside Executives Brokerage Email: mark@markbrowne.com License #01430864 Listed on: 06/26/2024

Last Buyer's Agent

Nicolle Romero

eXp Realty of California, Inc. License #02134007

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,210 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Location

  • Urban Location

Utilities

  • No Heating
  • Sewer Holding Tank

Listing and Financial Details

  • Tax Lot 001245
  • Tax Tract Number 1245
  • Assessor Parcel Number 4406533100

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $3,400
  • Trash Expense $75
  • Operating Expense $275
  • Gross Income $117,000
  • Net Operating Income $87,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 5.50
  • Price Per Unit: 641667
  • Property Attached: Yes
  • View: No
  • Zoning: R-3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 4406533100
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 1303.57

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Holding Tank
  • Trash Expense: 75.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 6210.00
  • Lot Size Acres: 0.1426

Multi Family

  • Gross Income: 117000.00
  • Gross Scheduled Income: 9800.00
  • Insurance Expense: 3400.00
  • Lot Size Area: 6210.0000 Square Feet
  • Net Operating Income: 87000.00
  • 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: 30000.00
  • Rent Control: No
  • Total Expenses: 275.00

Tax Info

  • Tax Lot: 001245
  • Tax Tract Number: 001245

Range of Values:

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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 Change Sq Ft Price
07/31/2024 07/31/24 Sold $1,825,000 0.0% $1,304 / Sq Ft
07/31/2024 07/31/24 Sold $1,825,000 -5.2% $721 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/15/2024 07/15/24 Pending -- -- --
07/02/2024 07/02/24 Price Changed $1,925,000 0.0% $1,375 / Sq Ft
07/02/2024 07/02/24 Price Changed $1,925,000 -3.8% $761 / Sq Ft
06/26/2024 06/26/24 For Sale $2,000,000 0.0% $1,429 / Sq Ft
06/21/2024 06/21/24 For Sale $2,000,000 -- $790 / 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: NDP2405606

California Regional Multiple Listing Service (CRMLS)