NOT LISTED FOR SALE

620 Cedar Ave Atwater, CA 95301

2 Beds
1 Bath
-- Sq Ft
11,587 Sq Ft Lot

Last Sold September 19, 2013

Last sale price $215,000

156 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Accessible Parking
  • Balcony
  • No Interior Steps
  • Forced Air Heating and Cooling System

About This Home

As of September 2013

Great Investment Opportunity! Super Value! This Rustic 6 Unit property under one roof is located in an established neighborhood and includes 2 bedrooms 1 bath in all units. Regular maintenance performed on all units. There is additional income potential with the coin operated Washer & Dryer in the laundry room. There are storage units and overhead parking for tenants. There is also common parking ad driveway with 2 neighboring 6/plex units. Please call for you private viewing appointment.

Last Agent to Sell the Property

Raymond Rodriguez

Century 21 Select Real Estate, Merced License #01211956 Listed on: 03/29/2013

Last Buyer's Agent

Raymond Rodriguez

Century 21 Select Real Estate, Merced License #01211956 Listed on: 03/29/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.27 Acre Lot
  • Two or More Common Walls
  • Fence is in average condition
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Asphalt Roof
  • Wood Siding
  • Vertical Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Panel Doors

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 7 Parking Spaces
  • 6 Carport Spaces
  • Parking Available
  • Unassigned Parking

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1
  • Assessor Parcel Number 003075005000

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 $320
  • Insurance Expense $1,600
  • Maintenance Expense $4,796
  • Pest Control $360
  • Professional Management Expense $1,808
  • Trash Expense $2,336
  • Water Sewer Expense $4,671
  • New Taxes Expense $2,243
  • Gross Income $3,000
  • Net Operating Income $17,866

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0.27 Acres

Listing Details

  • Professional Management Expense: 1808.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4671.00
  • Zoning: R-T
  • Property Type: Residential Income
  • Parcel Number: 003075005000
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: No Interior Steps, Parking
  • Door Features: Panel Doors
  • Levels: Two

Exterior Features

  • Foundation: Slab
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Asphalt, Composition
  • Spa: No
  • Construction Materials: Vertical Siding, Wood Siding

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Individual Room
  • Pest Control Expense: 360.00
  • Trash Expense: 2336.00
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 11604.00
  • Lot Size Acres: 0.2660

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 320.00
  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1600.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 11604.0000 Square Feet
  • Maintenance Expense: 4796.00
  • Net Operating Income: 17866.00
  • 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 Carpet: 1
  • Number With Dishwasher: 6
  • Number With Disposal: 6
  • Number With Drapes: 6
  • Number With Range: 1
  • Number With Refrigerator: 6
  • Operating Expense: 18134.00
  • Other Income Description: Coin Operated Washer & Dryer
  • Rent Control: No
  • Total Actual Rent: 3000.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 2243.00
  • Tax Lot: 1
  • Tax Year: 2011
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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
09/19/2013 09/19/13 Sold $215,000 -8.5% --
09/01/2013 09/01/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $235,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,792 $263,279 $36,771 $226,508
2024 $2,792 $258,261 $36,050 $222,211
2023 $2,718 $253,104 $35,344 $217,760
2022 $2,689 $248,165 $34,651 $213,514
2021 $2,693 $243,323 $33,972 $209,351
2020 $2,665 $240,961 $33,624 $207,337
2019 $2,548 $236,143 $32,965 $203,178
2018 $2,486 $231,537 $32,319 $199,218
2017 $2,454 $227,022 $31,686 $195,336
2016 $2,417 $222,715 $31,065 $191,650
2015 $2,386 $219,271 $30,599 $188,672
2014 $2,330 $215,000 $30,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC13054891

California Regional Multiple Listing Service (CRMLS)

APN: 003-075-005

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