NOT LISTED FOR SALE
8 Beds
4 Baths
3,134 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: June 16, 2015

Last sale price $1,205,000 $384 Per Sq Ft

5 Days on Market

Highlights

  • 0.17 Acre Lot
  • 4 Car Attached Garage
  • Laundry Room
  • Los Alamitos Elementary School Rated A-
  • Tile Countertops
  • Tile Flooring

About This Home

As of June 2015

Fantastic Investment Opportunity-Great Location! Off Blossom Hill Rd/Almaden Expwy,close to Whole Foods,Costco,Hwy 85/87.100% Rented-long time tenant and 2 Units are Corporate Rentals.Three of the Four Units recently Upgraded with New Carpet,Paint,New Laminate Floors in Kitchens,New Tile,Tubs & Tile Floors in the Bathrooms, & New Steel Front Doors & Privacy Screen Doors.Each Unit has Private Garage & Second Parking Space.Laundry Room with Coin-Op Washer/Dryer & New Water Heaters.Separate Gas/Elec. Meters.

Last Agent to Sell the Property

Shawn Belknap

North First Realty License #01175585 Listed on: 05/18/2015

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,405 Sq Ft Lot
  • Mostly Level

Parking

  • 4 Car Attached Garage
  • On-Street Parking

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,134 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Electric Oven
  • Range Hood
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $72,300

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Insurance Expense $1,519
  • Utility Expense $3,237
  • Trash Expense $1,220
  • Operating Expense $12,625
  • Gross Income $72,300

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

7,405 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: RM
  • 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, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3134
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition, Shingle
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Common Parking Area, On Street

Utilities

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

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.1700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7405.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7405.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month
  • Gross Rent Multiplier: 16.67
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1519
  • Expenses Total: 12625
  • Expenses Utility: 3237
  • Expense Trash: 1220
  • Income Annual Gross: 72300.00
  • Income Annual Rental: 72300
  • Income Gross Scheduled: 72300
  • Income Includes: Coin Operated Equip, Laundry, Rents
  • Meters: Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Contract Services, Insurance, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

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
Dec 10, 2024
Sold by
Bought by

Purchase Details

Listed on
May 18, 2015
Closed on
Jun 8, 2015
Sold by
Bought by
Seller's Agent
Shawn Belknap
North First Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,205,000
Sold Price
$1,205,000

Purchase Details

Closed on
Jun 24, 2009
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
$453,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,205,000 First American Title Company
-- First American Title Company
$330,000 Old Republic 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 $438,000
Previous Owner $438,000
Previous Owner $442,800
Previous Owner $453,000
Previous Owner $460,000
Previous Owner $466,000
Previous Owner $426,000
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
06/16/2015 06/16/15 Sold $1,205,000 0.0% $384 / Sq Ft
05/23/2015 05/23/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $1,205,000 -- $384 / 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 $19,556 $1,477,183 $1,041,999 $435,184
2025 $18,395 $1,448,219 $1,021,568 $426,651
2024 $18,395 $1,419,824 $1,001,538 $418,286
2023 $18,019 $1,391,985 $981,900 $410,085
2022 $17,891 $1,364,693 $962,648 $402,045
2021 $17,532 $1,337,935 $943,773 $394,162
2020 $17,253 $1,324,217 $934,096 $390,121
2019 $16,918 $1,298,253 $915,781 $382,472
2018 $16,766 $1,272,798 $897,825 $374,973
2017 $16,634 $1,247,842 $880,221 $367,621
2016 $16,380 $1,223,375 $862,962 $360,413
2015 $6,859 $438,422 $132,853 $305,569
2014 $6,649 $429,835 $130,251 $299,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81465963

MLSListings

APN: 567-49-021

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