NOT LISTED FOR SALE
9 Beds
9 Baths
6,290 Sq Ft
6,052 Sq Ft Lot

Sale Details

Date Sold: August 9, 2016

Last sale price $1,257,500 $200 Per Sq Ft

20 Days on Market

About This Home

As of August 2016

This 9 unit building (1)2 bed/1 bath (7)1 bed/1 bath, (1)studio/1 bath is on a corner lot location, has great visibility and a good unit mix that provides a steady occupancy. It has 6 garages offering added income to the owner.

The 9 Units are in good condition with no deferred maintenance and upside rents. Each unit is individually metered and has low flow toilets for low expenses.

Actual income and expenses used for these good GRM & CAP numbers.

Last Agent to Sell the Property

Chuck Brewer

HomeSmart Realty Group License #01939550 Listed on: 03/18/2016

HomeSmart Realty Group

Co-Listed By

Pete Tryce

Keller Williams Realty License #01329992

Last Buyer's Agent

Jon Swire

The Agency License #01336277

The Agency
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,052 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 6 Car Garage

Home Design

  • 6,290 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Listing and Financial Details

  • Tax Lot 994
  • Tax Tract Number 5134
  • Assessor Parcel Number 7127023016

Community Details

Overview

  • 9 Units

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Fuel Expense $3,489
  • Insurance Expense $3,099
  • Pest Control $1,080
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $14,400
  • Operating Expense $29,868
  • Gross Income $8,695
  • Net Operating Income $74,472

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

6,052 Sq Ft Lot

Parking

6

Listing Details

  • CapRate: 6.21
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 7127023016
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 199.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Pest Control Expense: 1080.00
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 6052.00
  • Price Per Lot Square Foot: 207.78

Multi Family

  • Electric Expense: 600.00
  • Fuel Expense: 3489.00
  • Garage Income: 150.00
  • Gross Income: 8695.00
  • Gross Multiplier: 11.50
  • Gross Scheduled Income: 104340.00
  • Insurance Expense: 3099.00
  • Net Operating Income: 74472.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 29868.00
  • Rent Control: No
  • Total Expenses: 29868.00

Tax Info

  • New Taxes Expense: 14400.00
  • Tax Lot: 994
  • Tax Tract Number: 5134

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Dairy, CA

See All Agents

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
$1,257,500 Title 365
Linden Estates Llc -- North American Title Company
Linden Estates Llc -- --
Hernandez Martin -- --
Hernandez Martin G $306,000 Fidelity National Title
Vanvantran Minh Van $225,000 Fidelity National Title Ins
Chavarria Mario F -- Investors Title Company
Home Svgs Of America Fsb $197,500 Investors Title
Landgreen Harold R -- --
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 $1,349,000
Closed 5471 Linden Llc $1,300,000
Closed 5471 Linden Llc $1,060,000
Previous Owner 5471 Linden Llc $942,750
Previous Owner Linden Estates Llc $500,000
Previous Owner Linden Estates Llc $400,000
Previous Owner Hernandez Martin G $260,000
Previous Owner Hernandez Martin G $229,000
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
08/09/2016 08/09/16 Sold $1,257,500 +4.8% $200 / Sq Ft
03/18/2016 03/18/16 For Sale $1,200,000 -- $191 / 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 $20,330 $1,488,618 $224,917 $1,263,701
2025 $20,330 $1,459,430 $220,507 $1,238,923
2024 $19,432 $1,430,815 $216,184 $1,214,631
2023 $19,093 $1,402,761 $211,946 $1,190,815
2022 $17,937 $1,375,257 $207,791 $1,167,466
2021 $17,549 $1,348,292 $203,717 $1,144,575
2019 $17,297 $1,308,303 $197,676 $1,110,627
2018 $16,842 $1,282,650 $193,800 $1,088,850
2016 $5,740 $389,492 $127,283 $262,209
2015 $5,536 $383,643 $125,372 $258,271
2014 $5,547 $376,129 $122,917 $253,212
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16056641

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.