NOT LISTED FOR SALE
-- Bed
-- Bath
4,942 Sq Ft
7,057 Sq Ft

Last Sold December 12, 2012

Last sale price $640,000 $130 Per Sq Ft

31 Days on Market

About This Home

As of December 2012

6 UNITS APARTMENT WITH SEPARATE ELECTRICAL,GAS AND WATER METER.6 CARPORT PARKING SPACE + SPACIOUS DRIVEWAY. LAMINATE WOOD FLOORING. NICE FLOOR PLAN. 4 UNITS WITH 2 BEDROOMS/1 BATH, RENT FOR $1050, 2 UNITS WITH 1 BEDROOM /1 BATH, RENT FOR $875 & 950. VERY CONVENIENT LOCATION, CLOSE TO FWY, SHOPPING.

Last Agent to Sell the Property

Grace Huang

Presidential Incorporated License #00966678 Listed on: 09/15/2012

Last Buyer's Agent

Miles Evans

Park Estates Realty License #00810763

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,052

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,942 Sq Ft Home
  • Laminate Flooring

Kitchen

  • Gas Oven or Range
  • Range

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Additional Features

  • 7,052 Sq Ft Lot
  • Heating Available

Listing and Financial Details

  • Tax Lot 900
  • Tax Tract Number 5134
  • Assessor Parcel Number 7127024041

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $381
  • Insurance Expense $4,340
  • Maintenance Expense $900
  • Other Expense $2,555
  • Professional Management Expense $3,650
  • Water Sewer Expense $2,108
  • New Taxes Expense $8,805
  • Gross Income $6,025
  • Net Operating Income $36,847

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

7,052 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 5.42
  • Professional Management Expense: 3650.00
  • View: No
  • Water Sewer Expenses: 2108.00
  • Property Type: Residential Income
  • Parcel Number: 7127024041
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 129.50

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Range
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7052.00
  • Lot Size Acres: 0.1620

Multi Family

  • Average1 Bed Area: 650
  • Average2 Bed Area: 850
  • Electric Expense: 381.00
  • Gross Income: 6025.00
  • Gross Multiplier: 9.41
  • Gross Scheduled Income: 72300.00
  • Insurance Expense: 4340.00
  • Maintenance Expense: 900.00
  • Net Operating Income: 36847.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 28223.00
  • Other Expense: 2555.00
  • Other Expense Description: REPAIRS
  • Total Actual Rent: 50800.00
  • Vacancy Allowance Rate: 10.00

Tax Info

  • New Taxes Expense: 8805.00
  • Tax Area: 4992
  • Tax Lot: 900
  • Tax Tract Number: 5134
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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
12/12/2012 12/12/12 Sold $640,000 -5.9% $130 / Sq Ft
10/16/2012 10/16/12 Pending -- -- --
09/15/2012 09/15/12 For Sale $680,000 -- $138 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,893 $788,103 $295,535 $492,568
2024 $10,893 $772,651 $289,741 $482,910
2023 $10,704 $757,502 $284,060 $473,442
2022 $10,071 $742,650 $278,491 $464,159
2021 $9,842 $728,089 $273,031 $455,058
2019 $9,702 $707,175 $264,934 $442,241
2018 $9,363 $693,323 $259,740 $433,583
2016 $8,603 $665,749 $249,655 $416,094
2015 $8,271 $655,749 $245,905 $409,844
2014 $8,239 $642,905 $241,089 $401,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S712058

California Regional Multiple Listing Service (CRMLS)
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