NOT LISTED FOR SALE
10 Beds
5 Baths
5,362 Sq Ft
6,081 Sq Ft Lot

Last Sold November 15, 2012

Last sale price $800,000 $149 Per Sq Ft

4 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Herbert Hoover High School Rated A-
  • Laundry Room
  • 3-minute walk to Milford Mini Park

About This Home

As of November 2012

Unique individual 5 units; 5 on Lot # 148. Convenient location to transportation, hotel, shopping, park & school. DRIVE BY ONLY; A great investment opportunity. Seller reserves all services. One owner holds a real estate license but is acting as a principal. Property is sold in "AS IS PRESENT CONDITION" (No Repairs). Please submit offer with: 3% deposit; verification of funds; FICO scores & pre-approval letter. ALL UNITS ARE PRESENTLY RENTED. This unit is sold together with 533 West Doran Street (next door). LISTING PRICE IS FOR EACH BUILDING.

Last Agent to Sell the Property

JAMES HSU

J. HSU ENTERPRISES License #00573183 Listed on: 09/27/2012

Last Buyer's Agent

JAMES HSU

J. HSU ENTERPRISES License #00573183 Listed on: 09/27/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,081 Sq Ft Lot

Parking

  • 5 Car Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 5,362 Sq Ft Home
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 148
  • Tax Tract Number 1587
  • Assessor Parcel Number 5637023039

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $3,230
  • Gardener Expense $240
  • Insurance Expense $1,499
  • Maintenance Expense $1,070
  • Professional Management Expense $3,600
  • Trash Expense $792
  • New Taxes Expense $2,818
  • Gross Income $5,500
  • Net Operating Income $51,384

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

5

Listing Details

  • Professional Management Expense: 3600.00
  • Property Type: Residential Income
  • Gardener Expense: 240.00
  • Parcel Number: 5637023039
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Flooring: Wood
  • Price Per Square Foot: 149.20

Exterior Features

  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Trash Expense: 792.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 6081.00
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 3230.00
  • Gross Income: 5500.00
  • Gross Scheduled Income: 66000.00
  • Insurance Expense: 1499.00
  • Lot Size Area: 6081.0000 Square Feet
  • Maintenance Expense: 1070.00
  • Net Operating Income: 51384.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 1218.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2818.00
  • Tax Lot: 148
  • Tax Tract Number: 1587
  • Tax Year: 2011

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
11/15/2012 11/15/12 Sold $800,000 -23.8% $149 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
09/27/2012 09/27/12 For Sale $1,050,000 -- $196 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: W12120891

California Regional Multiple Listing Service (CRMLS)