NOT LISTED FOR SALE
3 Beds
2 Baths
8,372 Sq Ft
0.48 Acres

Last Sold June 17, 2019

Last sale price $3,610,000 $431 Per Sq Ft

19 Days on Market

Highlights

  • 0.48 Acre Lot
  • Laundry Room
  • Landscaped

About This Home

As of June 2019

Newly renovated, fresh clean unit
1 bedroom 1 bath
Private and quiet
Parking included
Unit has AC

Last Agent to Sell the Property

Kurt Hediger

Marcus & Millichap RE Invest License #01846649 Listed on: 05/01/2019

Last Buyer's Agent

Tyler Leeson

Marcus & Millichap RE Invest License #01451551

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.48 Acre Lot
  • No Common Walls
  • Landscaped

Parking

  • 14 Open Parking Spaces
  • 1 Car Garage
  • 12 Carport Spaces

Interior Spaces

  • 8,372 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 63701
  • Assessor Parcel Number 42202126

Community Details

Building Details

  • 13 Leased Units
  • 1 Separate Water Meter
  • Electric Expense $3,428
  • Fuel Expense $3,428
  • Insurance Expense $3,250
  • Maintenance Expense $6,500
  • Other Expense $9,090
  • Trash Expense $3,428
  • Water Sewer Expense $3,428
  • New Taxes Expense $42,176
  • Operating Expense $74,728
  • Gross Income $213,960
  • Net Operating Income $132,856

Additional Features

  • 13 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3428.00
  • Property Type: Residential Income
  • Parcel Number: 42202126
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 431.20

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 12.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 27.00
  • Uncovered Spaces: 14.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 3428.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 20908.80
  • Lot Size Acres: 0.4800

Multi Family

  • Electric Expense: 3428.00
  • Fuel Expense: 3428.00
  • Gross Income: 213960.00
  • Gross Operating Income: 207584.00
  • Gross Scheduled Income: 213960.00
  • Insurance Expense: 3250.00
  • Lot Size Area: 0.4800 Acres
  • Maintenance Expense: 6500.00
  • Net Operating Income: 132856.00
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 13
  • Number Of Units Total: 13
  • Operating Expense: 74728.00
  • Other Expense: 9090.00
  • Rent Control: No
  • Total Actual Rent: 17710.00
  • Total Expenses: 74728.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 42176.00
  • Tax Census Tract: 637.01
  • Tax Lot: 34
  • Tax Tract Number: 063701

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
10/08/2024 10/08/24 Off Market $2,345 -- --
09/21/2024 09/21/24 For Rent $2,345 0.0% --
06/17/2019 06/17/19 Sold $3,610,000 -1.1% $431 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $3,650,000 +16.6% $436 / Sq Ft
07/16/2018 07/16/18 Sold $3,130,000 -0.6% $3,130,000 / Sq Ft View Prior Sale
05/16/2018 05/16/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $3,150,000 +54.4% $3,150,000 / Sq Ft
08/16/2013 08/16/13 Sold $2,040,000 -5.1% $244 / Sq Ft View Prior Sale
06/20/2013 06/20/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $2,150,000 -- $257 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $48,165 $5,625,000 $5,131,273 $493,727
2024 $48,165 $4,039,585 $2,963,780 $1,075,805
2023 $45,917 $3,870,648 $2,905,667 $964,981
2022 $44,546 $3,794,753 $2,848,693 $946,060
2021 $43,039 $3,720,347 $2,792,837 $927,510
2020 $42,628 $3,682,200 $2,764,200 $918,000
2019 $36,766 $3,130,000 $2,258,000 $872,000
2018 $26,918 $2,197,833 $1,481,384 $716,449
2017 $26,466 $2,154,739 $1,452,338 $702,401
2016 $25,902 $2,112,490 $1,423,861 $688,629
2015 $25,633 $2,080,759 $1,402,473 $678,286
2014 $25,039 $2,040,000 $1,375,000 $665,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19100396

California Regional Multiple Listing Service (CRMLS)