NOT LISTED FOR SALE
8 Beds
6 Baths
3,775 Sq Ft
0.34 Acres

Last Sold July 11, 2016

Last sale price $266,000 $70 Per Sq Ft

13 Days on Market

Highlights

  • 14,896 Sq Ft lot
  • No HOA
  • Paved or Partially Paved Lot

About This Home

As of July 2016

Amazing opportunity to own a 6 Unit Apartment Building with Strong Cash Flow in a Great Location. The Apartments consist of 5 (1 Bedroom and 1 Bathroom) and 1 (3 Bedrooms and 1 Bathroom) units. They have all been freshly painted with Stable Tenants and Easy Management. Amenities include an on-site Laundry Room, 6 Assigned Parking Spaces and Large Grassy Courtyard. The Rents range between $500.00 to $700.00.

Last Agent to Sell the Property

Mona Golastani

RE/MAX One License #01505983 Listed on: 06/14/2016

RE/MAX One

Last Buyer's Agent

Leonardo Sanchez

Leonardo Sanchez License #00576569

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 0.34 Acre Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot

Home Design

  • 3,775 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Tax Lot PTN
  • Tax Tract Number 3
  • Assessor Parcel Number 1141810700

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $360
  • Insurance Expense $1,992
  • Maintenance Expense $600
  • Pest Control $480
  • Trash Expense $1,872
  • Water Sewer Expense $1,872
  • New Taxes Expense $3,887
  • Gross Income $3,200
  • Net Operating Income $29,136

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1872.00
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 1141810700
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 70.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Pest Control Expense: 480.00
  • Trash Expense: 1872.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 14896.00
  • Price Per Lot Square Foot: 17.86

Multi Family

  • Gross Income: 3200.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 1992.00
  • Maintenance Expense: 600.00
  • Net Operating Income: 29136.00
  • 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: 40200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3887.00
  • Tax Lot: PTN
  • Tax Tract Number: 0003.0

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
07/11/2016 07/11/16 Sold $266,000 +2.3% $70 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $260,000 -- $69 / 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: SR16128399

California Regional Multiple Listing Service (CRMLS)