NOT LISTED FOR SALE
8 Beds
4 Baths
3,134 Sq Ft
5,850 Sq Ft Lot

Sale Details

Date Sold: December 28, 2018

Last sale price $1,250,000 $399 Per Sq Ft

7 Days on Market

Highlights

  • Balcony
  • 4 Car Attached Garage
  • Tile Countertops
  • Los Alamitos Elementary School Rated A-
  • Double Pane Windows
  • Laundry Room

About This Home

As of December 2018

Great opportunity to own an incredible investment property with huge upside potential!! Close proximity to all local amenities, including Oakridge, Whole Foods and much more. Enclosed garages, laundry onsite, large communal deck above garage. Dual pane windows. Great rental history.

Last Agent to Sell the Property

Mark Von Kaenel

KW Bay Area Estates License #01189869 Listed on: 11/20/2018

KW Bay Area Estates

Last Buyer's Agent

Chloe Leinwand

Keller Williams Realty-Silicon Valley License #01826264

Keller Williams Realty-Silicon Valley
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

  • 1962

Lot Details

  • 5,850

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,134 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Laundry Room

Kitchen

  • Electric Oven
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Additional Features

  • Balcony
  • 5,850 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $73,560

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $600
  • Insurance Expense $1,839
  • Maintenance Expense $1,500
  • Utility Expense $8,500
  • Trash Expense $1,800
  • Operating Expense $30,476
  • Gross Income $71,353

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

5,850 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: SJ
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3134
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Countertop - Tile, Oven - Electric, Refrigerator
  • Living Sq Ft: 3134
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1343
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5850.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5850.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 17.66
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1839
  • Expense Landscape: 600
  • Expense Maintenance: 1500
  • Expenses Total: 30476
  • Expenses Utility: 8500
  • Expense Trash: 1800
  • Income Annual Gross: 71353.00
  • Income Annual Rental: 73560
  • Income Gross Scheduled: 73560
  • Income Includes: Laundry, Rents
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 3

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
Jun 21, 2023
Sold by
Bought by

Purchase Details

Listed on
Nov 20, 2018
Closed on
Dec 17, 2018
Sold by
Bought by
Seller's Agent
Mark Von Kaenel
KW Bay Area Estates
Buyer's Agent
Chloe Leinwand
Keller Williams Realty-Silicon Valley
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Almaden Lake, 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
-- None Listed On Document
$1,250,000 Chicago Title Co
-- Financial Title Company
-- Financial Title Company
-- --
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
Previous Owner $700,000
Previous Owner $504,000
Previous Owner $462,000
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
12/28/2018 12/28/18 Sold $1,250,000 -3.8% $399 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $1,299,000 -- $414 / Sq Ft
Source: MLSListings

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 $18,906 $1,422,281 $1,024,044 $398,237
2025 $17,790 $1,394,394 $1,003,965 $390,429
2024 $17,790 $1,367,054 $984,280 $382,774
2023 $17,422 $1,340,250 $964,981 $375,269
2022 $17,300 $1,313,971 $946,060 $367,911
2021 $16,949 $1,288,208 $927,510 $360,698
2020 $16,680 $1,275,000 $918,000 $357,000
2019 $16,356 $1,250,000 $900,000 $350,000
2018 $2,899 $97,222 $25,366 $71,856
2017 $2,854 $95,317 $24,869 $70,448
2016 $2,685 $93,449 $24,382 $69,067
2015 $2,617 $92,046 $24,016 $68,030
2014 $2,429 $90,244 $23,546 $66,698
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81731723

MLSListings

APN: 567-49-049

Your Personal Tour Guide

Ask me questions while you tour the home.