NOT LISTED FOR SALE
8 Beds
4 Baths
3,328 Sq Ft
0.26 Acres

Last Sold February 14, 2023

Last sale price $1,540,000 $463 Per Sq Ft

211 Days on Market

About This Home

As of February 2023

Located at the corner, easy to find in a desirable rental and rarely listed area. Near Schools, markets, and a lot of restaurants near by, close to freeway 101 and Capital Expressway. Spacious 832 sf for each unit 2 beds/ 1 ba facing to the large green front lawn. Each unit has 1 car port and 1 parking space and 3 parking spaces first come first serve. Total gross income is $104,400 and could be increased.

Last Agent to Sell the Property

Hinh Khong

Hillsdale Properties License #00867898 Listed on: 06/13/2022

Last Buyer's Agent

Edward Tran

The House You Want License #01265053

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 0.26 Acre Lot

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Shingle Roof

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property
  • Window Bars

Flooring

  • Laminate
  • Tile

Parking

  • 4 Car Garage
  • 4 Carport Spaces
  • Garage Door Opener

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $104,400

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $463
  • Insurance Expense $2,467
  • Maintenance Expense $5,796
  • Manager Expense $100
  • Other Expense $100
  • Utility Expense $3,354
  • Trash Expense $2,055
  • Operating Expense $29,048
  • Gross Income $104,500

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Age: 60
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3328
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3328
  • Stories: 2
  • Security: Window Bars
  • Laundry: Coin Operated
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Post And Pier
  • Roof: Shingle

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport, Covered Parking, Gate / Door Opener
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Unknown

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.2585
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11260.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11260.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 15.79
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 2467
  • Expense Landscape: 463
  • Expense Maintenance: 5796
  • Expense Management: 100
  • Expenses Other: 100
  • Expenses Total: 29048
  • Expenses Utility: 3354
  • Expense Trash: 2055
  • Income Annual Gross: 104500.00
  • Income Annual Rental: 104400
  • Income Gross Scheduled: 104500
  • Income Includes: Laundry, Rents
  • Income Other: 100
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Professional Services
  • Tenant Expenses: Services - Gardener/Landscaping, Services - Sewer, Services - Trash Removal, Utilities - Hot Water, Utilities - Water

Range of Values:

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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
02/14/2023 02/14/23 Sold $1,540,000 -6.7% $463 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
09/13/2022 09/13/22 Price Changed $1,650,000 -5.7% $496 / Sq Ft
06/13/2022 06/13/22 For Sale $1,750,000 +100.0% $526 / Sq Ft
09/27/2013 09/27/13 Sold $875,000 -2.8% $263 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
06/22/2013 06/22/13 For Sale $899,999 -- $270 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81896033

MLSListings

APN: 497-27-010