NOT LISTED FOR SALE

Estimated Value: $1,928,000 - $2,532,539

6 Beds
6 Baths
4,194 Sq Ft
$512/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2023

Last sale price $2,200,000 $525 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $13,807 / mo

11 Days on Market

Highlights

  • Property is near park
  • Corner Lot
  • Laundry Facilities
  • Sycamore Elementary School Rated A
  • No HOA
  • Front Yard

About This Home

As of August 2023

Extremely rare opportunity to own 6 units on 2 adjacent parcels in as good a location as it gets in the Claremont Village. The ultimate in walkability and proximity to the downtown shops, restaurants, and entertainment. 4 units on one parcel, and 2 on the other. Both parcels are being sold together. Long time tenants in most of the units are all on month-to-month agreements. There are 2 units per building, so tenants don't feel cramped among one another. There is a space for a common laundry room if desired as well.

Last Agent to Sell the Property

Ryan Zimmerman

CONCIERGE REALTY GROUP License #01801354 Listed on: 07/21/2023

Co-Listed By

Mason Prophet

CONCIERGE REALTY GROUP License #01714034

Last Buyer's Agent

Joseph Sowan

Zyntex Finance & Realty Group, Inc License #00961429

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 10,286 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Front Yard
  • 8309030007

Parking

  • 1 Open Parking Space
  • 4 Car Garage
  • 1 Carport Space

Home Design

  • Apartment
  • Composition Roof

Interior Spaces

  • 4,194 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Location

  • Property is near park

Utilities

  • Cooling System Mounted To A Wall/Window
  • Natural Gas Connected
  • Private Water Source

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 10 / 24
  • Tax Tract Number 2730
  • Assessor Parcel Number 8309030005
  • $1,985 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,215
  • Insurance Expense $2,926
  • Other Expense $1,100
  • Water Sewer Expense $5,063
  • Operating Expense $10,304
  • Gross Income $90,450
  • Net Operating Income $84,496

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

10,286 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 5063.00
  • Zoning: CLHC*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1215.00
  • Parcel Number: 8309030005
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 524.56

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 4.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Electric: Standard
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 8309030007
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Park Nearby
  • Lot Size Sq Ft: 10286.00
  • Lot Size Acres: 0.2361

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 90450.00
  • Gross Scheduled Income: 94800.00
  • Insurance Expense: 2926.00
  • Lot Size Area: 10286.0000 Square Feet
  • Net Operating Income: 84496.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 10304.00
  • Other Expense: 1100.00
  • Other Expense Description: Cleaning
  • Rent Control: No
  • Total Actual Rent: 7900.00
  • Total Expenses: 10304.00

Tax Info

  • Tax Block: 24
  • Tax Census Tract: 4019.02
  • Tax Lot: 10
  • Tax Tract Number: 2730
  • TaxOtherAnnualAssessmentAmount: 1985.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2000
Sold by
Bought by
Current Estimated Value
$2,147,135

Purchase Details

Closed on
Sep 19, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.75%
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$250,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $175,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $2,200,000 0.0% $525 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $2,200,000 -- $525 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $24,353 $1,953,300 $1,698,300 $255,000
2024 $23,757 $1,915,000 $1,665,000 $250,000
2023 $6,390 $383,662 $122,763 $260,899
2022 $6,261 $376,140 $120,356 $255,784
2021 $6,115 $368,766 $117,997 $250,769
2019 $5,862 $358,651 $114,499 $244,152
2018 $5,669 $351,635 $112,254 $239,381
2016 $5,299 $337,195 $107,896 $229,299
2015 $5,228 $332,131 $106,276 $225,855
2014 $5,215 $325,626 $104,195 $221,431
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23135025

California Regional Multiple Listing Service (CRMLS)

APN: 8309-030-005

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