$1,495,000

Estimated payment $9,680/month

Total Views 1,763
4 Beds
4 Baths
2,258 Sq Ft
$662 Price per Sq Ft

About This Home

Unlock the potential of this exceptional property featuring a front fourplex spanning 2,258 SF. Situated on a 6,700 square-foot parcel of land, the subject property offers 4 identical spacious one-bedrooms, each with a private carport parking space. Tenants also enjoy additional outside parking and an on-site laundry facility for additional income. With abundant potential for customization or expansion, the opportunities are endless. Don't miss out on this incredible investment schedule your viewing today!

Listing Agent

Kaiyu Ren

Compass License #01800852 Listed on: 10/09/2024

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,258 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Parking

  • 4 Carport Spaces
  • Off-Street Parking

Additional Features

  • 6,700 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,900
  • Insurance Expense $1,971
  • Maintenance Expense $2,292
  • Utility Expense $7,875
  • Operating Expense $31,792
  • Gross Income $94,596

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Multiple Dwellings / Structures
  • Age: 67
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2258
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Living Sq Ft: 2258
  • Stories: 2
  • Security: Fire Alarm

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: Off-Street Parking
  • Carport Min: 4

Utilities

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

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1538
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6700.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 15.80
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1971
  • Expense Landscape: 1900
  • Expense Maintenance: 2292
  • Expenses Total: 31792
  • Expenses Utility: 7875
  • Income Annual Gross: 94596.00
  • Income Annual Rental: 92796
  • Income Gross Scheduled: 94596
  • Income Includes: Laundry
  • Income Other: 1800
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Laundry, Maintenance - Repair
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Map

Range of Values:

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Average Value
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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 Change Sq Ft Price
10/09/2024 10/09/24 For Sale $1,495,000 -- $662 / Sq Ft
Source: MLSListings

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Source: MLSListings

MLS Number: ML82005926

MLSListings

APN: 484-26-013