NOT LISTED FOR SALE

Estimated Value: $1,085,755

13 Beds
7 Baths
4,700 Sq Ft
$231/Sq Ft Est. Value

Sale Details

Date Sold: February 15, 2013

Last sale price $1,325,000 $282 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $6,882 / mo

8 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • No Heating
  • Bungalow

About This Home

As of February 2013

Listing includes 422-101-13,#526 Bernard on 11,467 square foot lot..Seven units , 2 built in 1946 Five built in 1964. Potential to build 7 SFR's with R-1 zoning, buyer to verify to their satisfaction. Easy access to rts. #55,#73,#405. Combined lot square footage over 22,000. Two - 1/1 units Five 2/2 units. Parking area for 12-14 cars in alley .Landlord provides gardening and pays water & trash. Rents below market, 1 tenant 19yrs, three currently vacant. Garage used for storage by landlord. Equity sale. Terrific opportunity !

Last Agent to Sell the Property

MLS Department

Out Of Area License #88888888 Listed on: 12/04/2012

Last Buyer's Agent

Christian Walsh

Berkshire Hathaway HomeServices California Properties License #01804983

Berkshire Hathaway HomeServices California Properties
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 11,519 Sq Ft Lot
  • Lot Dimensions are 203x57
  • Property fronts an alley
  • Corner Lot

Home Design

  • 4,700 Sq Ft Home
  • Bungalow
  • Shingle Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms

Parking

  • 12 Parking Spaces
  • Gravel Driveway

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 7 / A
  • Tax Tract Number 553
  • Assessor Parcel Number 42210112

Community Details

Overview

  • 7 Buildings
  • 7 Units

Building Details

  • 4 Leased Units
  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,000
  • Trash Expense $1,622
  • Water Sewer Expense $720
  • New Taxes Expense $15,000
  • Gross Income $3,850
  • Net Operating Income $5,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0.26 Acres

Listing Details

  • Assessments: No
  • CapRate: 0.33
  • Improvements Percent: 51.00
  • Road Frontage Type: Alley
  • View: No
  • Water Sewer Expenses: 720.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 42210112
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 281.91

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Gravel
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Trash Expense: 1622.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Corner Lot
  • Lot Size: 203x57
  • Lot Size Sq Ft: 11519.00
  • Lot Size Acres: 0.2640

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 600
  • Average2 Bed Area: 700
  • Gross Income: 3850.00
  • Gross Multiplier: 32.47
  • Gross Scheduled Income: 46200.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 5000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 4
  • Number Of Units Total: 7
  • Operating Expense: 5000.00
  • Other Expense Description: 135
  • Total Actual Rent: 3850.00
  • Vacancy Allowance Rate: 30.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Area: 15006
  • Tax Block: A
  • Tax Lot: 7
  • Tax Tract Number: 553

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
May 3, 2018
Sold by
Bought by
Current Estimated Value
$1,085,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,800
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$826,500 None Available
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
Open $657,500
Previous Owner $660,800
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
02/15/2013 02/15/13 Sold $1,325,000 -11.7% $282 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
12/04/2012 12/04/12 For Sale $1,500,000 -- $319 / 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
2026 $11,045 $940,412 $542,963 $397,449
2025 $10,769 $921,973 $532,317 $389,656
2024 $10,769 $903,896 $521,880 $382,016
2023 $10,395 $886,173 $511,647 $374,526
2022 $9,994 $868,798 $501,615 $367,183
2021 $9,664 $851,763 $491,779 $359,984
2020 $9,557 $843,030 $486,737 $356,293
2019 $9,355 $826,500 $477,193 $349,307
2018 $4,848 $428,562 $238,771 $189,791
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S719623

California Regional Multiple Listing Service (CRMLS)

APN: 422-104-17

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