NOT LISTED FOR SALE
7 Beds
3 Baths
9,192 Sq Ft
0.5 Acres Lot

Sale Details

Date Sold: October 30, 2020

Last sale price $1,000,000 $109 Per Sq Ft

208 Days on Market

About This Home

As of October 2020

Great 8 unit income property comprised of four (4) 4-bedroom / 2-bath units and four (4) 3-bedroom / 1.5-bath units situated on 21,974 Sqft lot. Excellent investment opportunity in a highly desirable rental area with low vacancy rate. Property is being sold with 100% tenant occupancy and 6% cap rate. Property sold in AS-IS condition - opportunity to add value and improve the investment even more. Please do not walk on the property or otherwise disturb tenants.

Last Agent to Sell the Property

Jassen Sanchez

FORTRESS CAPITAL PARTNERS INC. License #01728064 Listed on: 02/02/2020

Co-Listed By

ERIC LAGUARDIA

FORTRESS CAPITAL PARTNERS INC. License #02048700

Last Buyer's Agent

Jesus Henao

LEOLA Commercial , Inc. License #01254076

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 21,974 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 9,192 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry in unit
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 3009010005

Community Details

Overview

  • 4 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $35,047
  • Gross Income $103,488
  • Net Operating Income $68,441

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0.5 Acres

Listing Details

  • Property Attached: Yes
  • Zoning: PDR3*
  • Property Type: Residential Income
  • Parcel Number: 3009010005
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 108.79

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 21974.00
  • Lot Size Acres: 0.5045

Multi Family

  • Gross Income: 103488.00
  • Gross Scheduled Income: 103488.00
  • Lot Size Area: 21974.0000 Square Feet
  • Net Operating Income: 68441.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 35047.00
  • Rent Control: No
  • Total Expenses: 35047.00

Tax Info

  • Tax Census Tract: 9104.03
  • Tax Lot: 49
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
10/30/2020 10/30/20 Sold $1,000,000 -9.1% $109 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
02/02/2020 02/02/20 For Sale $1,100,000 -- $120 / 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 $19,486 $1,082,430 $162,364 $920,066
2024 $18,205 $1,061,207 $159,181 $902,026
2023 $18,053 $1,040,400 $156,060 $884,340
2022 $17,412 $1,020,000 $153,000 $867,000
2021 $17,053 $1,000,000 $150,000 $850,000
2019 $14,703 $810,439 $121,204 $689,235
2018 $14,510 $794,596 $118,828 $675,768
2016 $13,519 $761,436 $114,215 $647,221
2015 $13,002 $713,985 $107,097 $606,888
2014 $12,864 $700,000 $105,000 $595,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV20023712

California Regional Multiple Listing Service (CRMLS)
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