NOT LISTED FOR SALE

Estimated Value: $1,470,000 - $1,970,000

7 Beds
4 Baths
3,686 Sq Ft
$482/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2015

Last sale price $1,180,000 $320 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $11,331 / mo

8 Days on Market

About This Home

As of May 2015

Well cared for four unit apartment building located in the San Bruno Park subdivision, close to transportation and shopping. Property has been owned by the same family for nearly 50 years, rents are low - great upside potential.

Last Agent to Sell the Property

Larry Franzella

Berkshire Hathaway Home Services California Realty License #00512797 Listed on: 03/20/2015

Berkshire Hathaway Home Services California Realty

Last Buyer's Agent

Tom Kucsak

Berkshire Hathaway Home Services California Realty License #01256045

Berkshire Hathaway Home Services California Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 3,790 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,686 Sq Ft Home
  • 2-Story Property

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $69,300

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $2,000
  • Maintenance Expense $8,400
  • Other Expense $3,258
  • Utility Expense $11,388
  • Operating Expense $34,862
  • Gross Income $71,100

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

3,790 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: R2
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3686
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 3686
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.0870
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3800.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.81
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 2000
  • Expense Maintenance: 8400
  • Expenses Other: 3258
  • Expenses Total: 34862
  • Expenses Utility: 11388
  • Income Annual Gross: 71100.00
  • Income Annual Rental: 69300
  • Income Gross Scheduled: 71100
  • Income Includes: Laundry
  • Income Other: 1800
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Exterminator, Maintenance - Repair, Services - Janitor, Services - Sewer, Utilities, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2015
Closed on
May 4, 2015
Sold by
Bought by
Seller's Agent
Larry Franzella
Berkshire Hathaway Home Services California Realty
Buyer's Agent
Tom Kucsak
Berkshire Hathaway Home Services California Realty
List Price
$1,195,000
Sold Price
$1,180,000
Premium/Discount to List
-$15,000
-1.26%
Current Estimated Value
$1,777,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,871
Avg. Annual Appreciation
3.71%

Purchase Details

Closed on
Mar 18, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,180,000 Old Republic Title Company
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2015 05/01/15 Sold $1,180,000 -1.3% $320 / Sq Ft
03/28/2015 03/28/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $1,195,000 -- $324 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,831 $1,418,172 $709,086 $709,086
2023 $18,831 $1,363,104 $681,552 $681,552
2022 $14,826 $1,336,378 $668,189 $668,189
2021 $14,636 $1,310,176 $655,088 $655,088
2020 $14,499 $1,296,742 $648,371 $648,371
2019 $14,262 $1,271,316 $635,658 $635,658
2018 $13,551 $1,246,390 $623,195 $623,195
2017 $13,408 $1,221,952 $610,976 $610,976
2016 $13,145 $1,197,994 $598,997 $598,997
2015 $10,439 $948,260 $474,130 $474,130
2014 $10,286 $929,686 $464,843 $464,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81455982

MLSListings

APN: 020-392-370

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