NOT LISTED FOR SALE
18 Beds
7 Baths
5,500 Sq Ft
8,227 Sq Ft Lot

Last Sold March 31, 2016

Last sale price $1,650,000 $300 Per Sq Ft

89 Days on Market

Highlights

  • Gated Parking
  • Ceiling Fan
  • 2-minute walk to 49th Street Park

About This Home

As of March 2016

Newly constructed apartment building 2015, gated, 7 units, 3 bedrooms and 2 bedrooms. Units include, stove, refrigerator, microwave oven, washer and dryer. We are in the process of occupying all the units with Section 8 tenants. Tenants pay water, electricity and gas. There are seven parking spaces; one for handicap. Great for investor to hold with a good return. Please contact agent for all questions or additional information.

Last Agent to Sell the Property

Christine Hong

Hilton & Hyland License #01325115 Listed on: 11/22/2015

Hilton & Hyland

Co-Listed By

Herbert McGurk

Coldwell Banker Realty License #01361267

Last Buyer's Agent

Jay Park

City Commercial Properties License #01204986

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2015

Lot Details

  • 8,227

Interior Spaces

  • 5,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • <<microwave>>
  • Disposal

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 7 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 7 Parking Spaces
  • Gated Parking
  • Assigned Parking

Additional Features

  • 8,227 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 5108-009-029

Property Details

Home Type

Multi-Family

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5500
  • Probate: No
  • Stories: 2
  • Year Built: 2015
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 18
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 308.91

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned, Gated
  • Total Parking: 7

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Fee Information

  • Insurance Expense: 2500.00
  • Maintenance Expense: 1000.00
  • Trash Expense: 1500.00

Lot Info

  • Assessed Improvement Value: 0
  • Assessed Land Value: 205000
  • Assessor Parcel Number: 5108-009-029
  • Geocode Override: No
  • Lot Size Area: 8227

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 11.74
  • Number Of Units: 7
  • Total Annual Expense: 25730
  • Type Of Units: Apartment
  • Vacancy Rate: 86%

Tax Info

  • Tax Expense: 20280.00

Range of Values:

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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 Change Sq Ft Price
03/31/2016 03/31/16 Sold $1,650,000 -2.9% $300 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
11/22/2015 11/22/15 For Sale $1,699,000 +1032.7% $309 / Sq Ft
10/12/2012 10/12/12 Sold $150,000 -57.0% $27 / Sq Ft
10/12/2012 10/12/12 Pending -- -- --
02/01/2010 02/01/10 For Sale $349,000 -- $63 / 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: 15-961001

The MLS