NOT LISTED FOR SALE
-- Bed
6 Baths
2,560 Sq Ft
3,414 Sq Ft Lot

Last Sold September 16, 2014

Last sale price $725,000 $283 Per Sq Ft

98 Days on Market

Highlights

  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Wood Fence
  • Wood Frame Window
  • Tile Flooring
  • Wood Siding

About This Home

As of September 2014

Six single units, south of Magnolia in nice area. Five of the units have been partially upgraded. Close to transportation, markets and studios. Close to trendy NOHO neighborhood. Buyer to cooperate with seller in a 1031 tax deferred exchange.

Last Agent to Sell the Property

Helen Chan

House of Realty License #00714355 Listed on: 04/25/2014

Last Buyer's Agent

Rita Goldsmith

Hilton & Hyland License #00813539

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 3,414 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 5 Parking Spaces

Home Design

  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 6 Bathrooms
  • 2,560 Sq Ft Home
  • Wood Frame Window

Flooring

  • Carpet
  • Laminate
  • Tile

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 18
  • Tax Tract Number 97322
  • Assessor Parcel Number 2419016011

Community Details

Overview

  • 6 Units

Building Details

  • 6 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 6 Separate Gas Meters
  • 7 Separate Water Meters
  • Electric Expense $589
  • Insurance Expense $1,865
  • Maintenance Expense $780
  • Trash Expense $861
  • Water Sewer Expense $999
  • New Taxes Expense $10,625
  • Gross Income $5,307
  • Net Operating Income $58,594

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 999.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 2419016011
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet, Tile
  • Levels: Two
  • Price Per Square Foot: 283.20
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Raised
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Trash Expense: 861.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3414.00
  • Lot Size Acres: 0.0780

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average Studio Area: 400
  • Electric Expense: 589.00
  • Gross Income: 5307.00
  • Gross Scheduled Income: 63690.00
  • Insurance Expense: 1865.00
  • Lot Size Area: 3414.0000 Square Feet
  • Maintenance Expense: 780.00
  • Net Operating Income: 58594.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 7
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Disposal: 2
  • Number With Range: 6
  • Number With Refrigerator: 5
  • Operating Expense: 5096.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 10625.00
  • Tax Lot: 18
  • Tax Tract Number: 97322
  • Tax Year: 2013

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 List to Sale Price per Sq Ft
09/16/2014 09/16/14 Sold $725,000 -14.7% $283 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $850,000 -- $332 / 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: BB14084843

California Regional Multiple Listing Service (CRMLS)