NOT LISTED FOR SALE
6 Beds
6 Baths
3,376 Sq Ft
5,663 Sq Ft Lot

Last Sold August 21, 2015

Last sale price $1,775,000 $526 Per Sq Ft

310 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Balcony
  • El Morro Elementary School Rated A+
  • No HOA
  • Double Pane Windows

About This Home

As of August 2015

Magnificent 3376 SF triplex on 5663 SF cul de sac lot. All 3 units rented. Unit size based on wall to wall outside: Townhouse unit 2 bdrm and 2bt is 1526 SF with large patio overlooking wooded area. The upstairs unit is 2 bdrm, 2 bth 925 SF unit with large patio over garage with views of the street,. Ground level unit is 2bdrm and 2bth with 925 SF and small private patio in the rear which is accessible from living room area. All 3 units were completely remodeled and refurbished in 2007; new everything: wood-lam floors, windows, doors, kitch cabnets/appliances and bathrooms, washers/dryers and more. Each unit has a one 1 space enclosed garage.

Last Agent to Sell the Property

Steffen Spizzirri

United Realty Group License #01844875 Listed on: 07/09/2014

Last Buyer's Agent

Laila Radjabi

Realty One Group West License #01428390

Realty One Group West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,637

Year Built

  • Built in 1964

Lot Details

  • 5,663 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Shared Driveway
  • Community Parking Structure

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Stucco

Interior Spaces

  • 3,376 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Low Emissivity Windows

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 21
  • Tax Tract Number 111
  • Assessor Parcel Number 64411121

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Maintenance Expense $1,400
  • Trash Expense $600
  • Water Sewer Expense $1,400
  • New Taxes Expense $20,000
  • Operating Expense $24,800
  • Gross Income $8,225
  • Net Operating Income $73,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,637

Year Built

Built in 1964

Lot Details

0

Parking

3

Listing Details

  • CapRate: 3.90
  • Property Attached: Yes
  • Security: Security Lights, Fire and Smoke Detection System, Smoke Detector(s)
  • Water Sewer Expenses: 1400.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 64411121
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony, Ceiling Fan(s), Laminate Counters, Recessed Lighting, Unfurnished
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 525.77
  • Window Features: Double Pane Windows, Low Emissivity Windows

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fencing: Block, Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Community Structure, Garage, Shared Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Freezer, Disposal, Microwave
  • Heating Type: Radiant
  • Laundry Features: In Closet, Inside, Individual Room, Stackable
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5663.00
  • Price Per Lot Square Foot: 313.44
  • Lot Size Acres: 0.1300

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 8225.00
  • Gross Multiplier: 19.55
  • Gross Scheduled Income: 98700.00
  • Gross Spendable Income: 78700.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 5663.0000 Square Feet
  • Maintenance Expense: 1400.00
  • Net Operating Income: 73900.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 24800.00
  • Rent Control: No
  • Total Actual Rent: 98700.00
  • Total Expenses: 24800.00

Tax Info

  • New Taxes Expense: 20000.00
  • Tax Lot: 21
  • Tax Tract Number: 111
  • Tax Annual Amount: 14637.00
  • Tax Year: 2013
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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
08/21/2015 08/21/15 Sold $1,775,000 -6.3% $526 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
07/09/2014 07/09/14 For Sale $1,895,000 -- $561 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14152610

California Regional Multiple Listing Service (CRMLS)