NOT LISTED FOR SALE
3 Beds
4 Baths
25,146 Sq Ft
0.53 Acres

Last Sold January 20, 2012

Last sale price $5,525,000 $220 Per Sq Ft

523 Days on Market

Highlights

  • 23,247 Sq Ft lot
  • Contemporary Architecture
  • 36 Car Detached Garage
  • Joaquin Miller Elementary School Rated A-
  • Balcony

About This Home

As of January 2012

44 Units plus additional single unit used as a professional office and does not have a kitchen. Just North of Glen Oaks Blvd. 28 singles, 13 one bedrooms and 3 two bedrooms. Great Opportunity for upside potential. 12 units will have their rents increased in August an extra $35/mo. and another apartment will have their rent increased in August to an additional $50/mo.

Last Agent to Sell the Property

Jane Schore

Coldwell Banker Realty License #00980877 Listed on: 06/22/2010

Coldwell Banker Realty

Last Buyer's Agent

Robert Narchi

Marcus & Millichap License #01324570

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.53

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 25,146 Sq Ft Home
  • 3-Story Property

Parking

  • 36 Car Detached Garage
  • Carport

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Central Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Balcony
  • 0.53 Acre Lot

Community Details

  • 44 Units

Listing and Financial Details

  • Tenant pays for electricity, water
  • Assessor Parcel Number 2455-013-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Elevator
  • Living Area: 25146
  • Manager Expense: 16200.00
  • Stories: 3
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Cable
  • Price Per S Q F T: 234.63

Exterior Features

  • Other Features: Balcony
  • Construction: Frame and Stucco
  • Pool: No
  • Roof: Composition

Garage/Parking

  • Parking Garage: Carport, Detached
  • Total Parking: 36

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Central Water Heater
  • Cooling: Wall/Window
  • Electric Expense: 5220.00
  • Heating: Radiant
  • Sewer: In Street
  • Water Expense: 5220.00

Fee Information

  • Elevator Expense: 1848.00
  • Gas Expense: 4100.00
  • Insurance Expense: 11547.00
  • Maintenance Expense: 5000.00
  • Trash Expense: 4668.00

Lot Info

  • Assessed Improvement Value: 1549353
  • Assessed Land Value: 595903
  • Assessor Parcel Number: 2455-013-019
  • Lot Size Area: 23247

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.00
  • Number Of Units: 44
  • Type Of Units: garden

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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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
01/20/2012 01/20/12 Sold $5,525,000 -10.9% $220 / Sq Ft
11/27/2011 11/27/11 Pending -- -- --
06/22/2010 06/22/10 For Sale $6,200,000 -- $247 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 10-459513

The MLS