$781,000
SOLD SEP 11, 2012
12 Beds
8 Baths
6,184 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

4% Above List Price

17 Days on Market

About This Home

As of September 2012

Great Investment, built in 1989 to like condos. two of the one bedrooms have a den. all units have 2 car garage parking. The entire building is secured by a remote controlled security gate. This building is in mint condition. See supplement for detailed financial info. Multiple year financials are available. The building is currently under professional management. Seller may want to execute a 1031 tax deferred exchange. At no expense or delay t the buyer. Drive by only do not disturb tenants.

Last Agent to Sell the Property

Steve Wolfe

RE/MAX Empire Properties License #00847457 Listed on: 07/11/2012

Last Buyer's Agent

Robert Leveen

Robert Leveen License #01476685

Robert Leveen

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 7,500 Sq Ft Lot

Parking

  • 6 Car Garage
  • 6 Carport Spaces
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 6,184 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tax Lot 017
  • Tax Tract Number 4017
  • Assessor Parcel Number 4017024017

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,495
  • Insurance Expense $1,952
  • Maintenance Expense $17,494
  • Trash Expense $1,783
  • Water Sewer Expense $2,066
  • New Taxes Expense $9,375
  • Gross Income $79,630
  • Net Operating Income $52,954

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Parking

6

Listing Details

  • Water Sewer Expenses: 2066.00
  • Property Type: Residential Income
  • Parcel Number: 4017024017
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Levels: Three Or More
  • Price Per Square Foot: 126.29

Garage/Parking

  • Carport Spaces: 6.00
  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Trash Expense: 1783.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1720

Multi Family

  • Average1 Bed Area: 800
  • Average2 Bed Area: 900
  • Average3 Bed Area: 1392
  • Electric Expense: 1495.00
  • Gross Income: 79630.00
  • Gross Scheduled Income: 79630.00
  • Insurance Expense: 1952.00
  • Lot Size Area: 7500.0000 Square Feet
  • Maintenance Expense: 17494.00
  • Maintenance Percent: 20.00
  • Net Operating Income: 52954.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Disposal: 6
  • Number With Range: 66
  • Operating Expense: 34514.00
  • Rent Control: No
  • Total Actual Rent: 6980.00
  • Vacancy Allowance: 4580

Tax Info

  • New Taxes Expense: 9375.00
  • Tax Lot: 017
  • Tax Tract Number: 4017

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    Mark Cianciulli The CREM Group

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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
05/13/2025 05/13/25 For Sale $1,725,000 0.0% $279 / Sq Ft
12/30/2024 12/30/24 Off Market $1,829 -- --
10/26/2024 10/26/24 Price Changed $1,829 0.0% $2 / Sq Ft
10/26/2024 10/26/24 For Rent $1,829 -9.1% --
12/21/2023 12/21/23 Price Changed $2,012 -21.5% $2 / Sq Ft
11/29/2023 11/29/23 Price Changed $2,562 +33.4% $3 / Sq Ft
11/20/2023 11/20/23 For Rent $1,920 0.0% --
09/11/2012 09/11/12 Sold $781,000 +4.1% $126 / Sq Ft
07/28/2012 07/28/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $749,900 -- $121 / 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: S12087973

California Regional Multiple Listing Service (CRMLS)

APN: 4017-024-017