NOT LISTED FOR SALE
8 Beds
4 Baths
3,300 Sq Ft
7,200 Sq Ft Lot

Last Sold January 16, 2019

Last sale price $690,000 $209 Per Sq Ft

About This Home

As of January 2019

Great 4 unit complex with long term tenants, great time to invest in rentals since the rental market is hot. will not last.

Last Agent to Sell the Property

Alfred Ramirez

Ramirez Properties License #01095452 Listed on: 08/08/2018

Last Buyer's Agent

Ramon Vazquez

Berkshire Hathaway HS Real Time Realty License #01054750

Berkshire Hathaway HS Real Time Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1945

Lot Details

  • 7,200

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Off-Street Parking

Additional Features

  • 7,200 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $54,600

Community Details

Overview

Building Details

  • 4 Leased Units
  • Utility Expense $2,556
  • Trash Expense $2,221
  • Operating Expense $8,315
  • Gross Income $54,600

Property Details

Home Type

Multi-Family

Year Built

1945

Lot Details

0

Listing Details

  • Zoning: Multi
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3300
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1945

Interior Features

  • Living Sq Ft: 3300
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Carport, Off-Street Parking
  • Carport Min: 3

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1653
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7200.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.74
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expenses Total: 8315
  • Expenses Utility: 2556
  • Expense Trash: 2221
  • Income Annual Gross: 54600.00
  • Income Annual Rental: 54600
  • Income Gross Scheduled: 54600
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
01/16/2019 01/16/19 Sold $690,000 -8.0% $209 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $750,000 -- $227 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $8,835 $769,705 $334,654 $435,051
2024 $8,835 $754,614 $328,093 $426,521
2023 $8,538 $739,818 $321,660 $418,158
2022 $8,222 $725,312 $315,353 $409,959
2021 $7,899 $711,091 $309,170 $401,921
2020 $7,681 $703,800 $306,000 $397,800
2019 $3,581 $320,128 $55,194 $264,934
2018 $3,535 $313,852 $54,112 $259,740
2017 $3,538 $307,699 $53,051 $254,648
2016 $3,541 $301,666 $52,011 $249,655
2015 $3,571 $297,135 $51,230 $245,905
2014 $3,334 $291,316 $50,227 $241,089
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81718184

MLSListings

APN: 003-023-035