NOT LISTED FOR SALE
9 Beds
8 Baths
4,565 Sq Ft
8,276 Sq Ft Lot

Last Sold August 16, 2013

Last sale price $1,295,000 $284 Per Sq Ft

5 Days on Market

Highlights

  • 0.19 Acre Lot
  • Wood Flooring
  • No HOA
  • John R. Peterson Elementary Rated A-
  • Corner Lot
  • Laundry Room

About This Home

As of August 2013

Well maintained four unit complex located on large corner lot with 7 garages. Huge master unit, approximately 1640 sq. ft. with 3 bedrooms, 2 baths, and lots of closet space. Remaining 3 units are 2 bedrooms, 2 baths each. All units have fireplaces, are cozy and nicely maintained with some remodeled baths, kitchen, and laminated wood floors. Three out of 4 units have washer-dryer hook-ups in their garage; plus additional laundry room on premises. Big maintenance items were done very recently: New roof, completely refurbished patios throughout, and completely repainted exterior only 1 year ago. Interior of units are pleasantly upgraded; apartment house white was redecorated in appealing multiple colors showing pride of ownership. Excellent, consistent income. Long term owner.

Last Agent to Sell the Property

Silvana Raiola

Landmark Realtors License #00411102 Listed on: 07/09/2013

Last Buyer's Agent

Lei Hebel

Realty One Group West License #01389093

Realty One Group West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 8,276 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 7 Car Garage
  • Parking Available
  • Assigned Parking
  • Unassigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 4,565 Sq Ft Home
  • Living Room with Fireplace

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6
  • Tax Tract Number 9188
  • Assessor Parcel Number 02512156

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $553
  • Gardener Expense $900
  • Insurance Expense $1,388
  • Trash Expense $900
  • Water Sewer Expense $1,692
  • New Taxes Expense $16,187
  • Gross Income $6,970
  • Net Operating Income $61,902

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Parking

7

Listing Details

  • Assessments: Yes
  • Inclusions: Range and Ovens.
  • Property Attached: Yes
  • Subdivision Name Other: Unknown
  • Water Sewer Expenses: 1692.00
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 02512156
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 283.68

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: Yes
  • Parking Features: Assigned, Unassigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Range, Gas Cooktop, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Trash Expense: 900.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 950
  • Average3 Bed Area: 1700
  • Electric Expense: 553.00
  • Gross Income: 6970.00
  • Gross Scheduled Income: 83640.00
  • Insurance Expense: 1388.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 61902.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 21737.00
  • Rent Control: No
  • Total Actual Rent: 83640.00

Tax Info

  • New Taxes Expense: 16187.00
  • Tax Area: 04001
  • Taxes Percent: 1.25
  • Tax Lot: 6
  • Tax Tract Number: 9188
  • Tax Year: 2012

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
08/16/2013 08/16/13 Sold $1,295,000 0.0% $284 / Sq Ft
07/14/2013 07/14/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $1,295,000 -- $284 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13134182

California Regional Multiple Listing Service (CRMLS)

APN: 025-121-56