$885,000
SOLD DEC 20, 2024
-- Bed
-- Bath
8,434 Sq Ft
8,434 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

29% Below List Price

41 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • No Heating
  • No HOA
  • Stacked Washer and Dryer
  • 1-Story Property

About This Home

As of December 2024

This beautifully remodeled duplex features two spacious units both with garage conversions, each with 3 bedrooms and 2 bathrooms, perfect for families or investors. Front Unit: This charming unit boasts a lovely front yard, ideal for outdoor gatherings or enjoying a morning coffee. The well-designed layout includes a modern kitchen and inviting living spaces, ensuring comfort and style. Parking is conveniently located in the back, making access easy. Back Unit: The back unit offers both a front and backyard, providing additional outdoor space for relaxation or play. The beautifully paved driveway adds to the curb appeal, leading you to a welcoming entrance. Inside, you’ll find contemporary finishes and ample natural light, creating a warm atmosphere. Potential: Situated on a generously sized lot with the potential for expansion, this property is an excellent opportunity for future development. Its proximity to the freeway offers easy access to the surrounding area, making it a desirable location for tenants or homeowners alike. Overall, this duplex combines modern elegance with practical features, making it a standout property!

Last Agent to Sell the Property

Alexander Medina

Coldwell Banker West Brokerage Email: alexmedina.vs@gmail.com License #02178567 Listed on: 10/15/2024

Coldwell Banker West

Co-Listed By

Patti McKelvey

Coldwell Banker West Brokerage Email: alexmedina.vs@gmail.com License #00956130

Coldwell Banker West

Last Buyer's Agent

Patti McKelvey

Coldwell Banker West Brokerage Email: alexmedina.vs@gmail.com License #00956130

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 8,434 Sq Ft Lot
  • No Units Above
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 8,434 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 18/11
  • Tax Tract Number 193
  • Assessor Parcel Number 5871821100
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,530
  • New Taxes Expense $8,000
  • Operating Expense $12,530
  • Gross Income $82,800
  • Net Operating Income $71,270

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.62
  • Price Per Unit: 549950
  • Property Attached: Yes
  • View: No
  • Zoning: R-2:Minor Multiple
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5871821100
  • Year Built: 2000
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front door
  • Common Walls: No One Above
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 104.93

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Stackable
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8434.00
  • Lot Size Acres: 0.1936

Multi Family

  • Gross Income: 82800.00
  • Gross Scheduled Income: 82800.00
  • Insurance Expense: 4530.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 8434.0000 Square Feet
  • Net Operating Income: 71270.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 12530.00
  • Rent Control: No
  • Total Expenses: 12530.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Lot: 18/11
  • Tax Tract Number: 00193

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Range of Values:

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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
12/20/2024 12/20/24 Sold $885,000 -19.5% $105 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/21/2024 11/21/24 Price Changed $1,099,900 -4.3% $130 / Sq Ft
10/31/2024 10/31/24 Price Changed $1,149,900 -8.0% $136 / Sq Ft
10/15/2024 10/15/24 For Sale $1,249,900 -- $148 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2406367

California Regional Multiple Listing Service (CRMLS)