NOT LISTED FOR SALE
5 Beds
3 Baths
2,202 Sq Ft
8,599 Sq Ft Lot

Last Sold June 27, 2023

Last sale price $1,850,000 $840 Per Sq Ft

84 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Sutter Elementary School Rated A
  • Carpet

About This Home

As of June 2023

Incredible investment opportunity. A well-maintained duplex in a terrific location and very close to the New Apple Spaceship Campus. Easy access to Hwy 101, 237 and 880. Close to school, restaurants, shopping center, supermarket and work places. The Duplex comes with (1 ) Large 3 bedrooms, 2 baths and (1) 2bedrooms 1bath units. Each unit has washer dryer hookups inside. Wood burning fireplaces in each unit. Central Forced Air, Upgraded flooring, counter top and refinished baths in a few years. Each unit has its own single garage, a plenty of street parking, Beautiful front yard. The rental net income is $52,125.

Last Agent to Sell the Property

Angela Wu

Oxbridge Properties License #01999079 Listed on: 03/22/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • 1966

Lot Details

  • 8,599

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 2,202 Sq Ft Home
  • 1-Story Property
  • Carpet

Kitchen

  • Electric Cooktop
  • Disposal

Additional Features

  • 8,599 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $75,000

Community Details

Overview

  • 2,202 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,500
  • Maintenance Expense $1,840
  • Manager Expense $150
  • Other Expense $3,304
  • Operating Expense $26,675
  • Gross Income $78,800

Property Details

Home Type

Multi-Family

Year Built

1966

Lot Details

0

Parking

1

Listing Details

  • Zoning: R3
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2202
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Kitchen: Cooktop - Electric, Garbage Disposal
  • Living Sq Ft: 2202
  • Stories: 1
  • Flooring: Carpet

Exterior Features

  • Foundation: Concrete Slab
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1974
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8598.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8598.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 24.75
  • Number Of Leased: 2

Multi Family

  • Expense Insurance: 1500
  • Expense Landscape: 1200
  • Expense Maintenance: 1840
  • Expense Management: 150
  • Expenses Other: 3304
  • Expenses Total: 26675
  • Income Annual Gross: 78800.00
  • Income Annual Rental: 75000
  • Income Gross Scheduled: 78800
  • Income Includes: Rents
  • Income Other: 3800
  • Number Of Buildings: 2
  • Operating Expenses Include: Contract Services, Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Supplies, Utilities - Water
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water

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
06/27/2023 06/27/23 Sold $1,850,000 -5.1% $840 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $1,950,000 +13.0% $886 / Sq Ft
09/14/2018 09/14/18 Sold $1,725,000 0.0% $734 / Sq Ft View Prior Sale
08/15/2018 08/15/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $1,725,000 -- $734 / Sq Ft
Source: MLSListings

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 $22,063 $1,924,740 $1,560,600 $364,140
2024 $22,063 $1,887,000 $1,530,000 $357,000
2023 $20,435 $1,730,000 $1,300,000 $430,000
2022 $20,133 $1,700,000 $1,300,000 $400,000
2021 $17,230 $1,430,000 $1,070,000 $360,000
2020 $15,848 $1,759,500 $1,326,000 $433,500
2019 $20,968 $1,725,000 $1,300,000 $425,000
2018 $5,176 $437,034 $140,176 $296,858
2017 $5,150 $428,466 $137,428 $291,038
2016 $5,075 $420,066 $134,734 $285,332
2015 $5,055 $413,758 $132,711 $281,047
2014 -- $405,654 $130,112 $275,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81922000

MLSListings

APN: 293-01-006