$1,440,000
SOLD JAN 10, 2025
10 Beds
5 Baths
4,370 Sq Ft
7,806 Sq Ft Lot

Recently Sold

$330 Per Sq Ft

4% Below List Price

551 Days on Market

About This Home

As of January 2025

Great opportunity for investor .Property has upside potential for the rents . building have 5 unit , one of the unit with 3 bedroom and one bathroom , three unit with 2 bedroom & one bathroom and one unit with with one bedroom & one bathroom . Four of the unit already renovated . Each unit have one car garage .

Last Agent to Sell the Property

Lily Wang

KO TAI REALTY Brokerage Phone: 562-869-4248 License #01321428 Listed on: 06/23/2023

KO TAI REALTY

Co-Listed By

HSIEN HSU

KO TAI REALTY Brokerage Phone: 562-869-4248 License #01321494

Last Buyer's Agent

Veronica Cabrera

Veronica Cabrera Broker License #01463140

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1962

Lot Details

  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage

Interior Spaces

  • 4,370 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 13
  • Tax Tract Number 20535
  • Assessor Parcel Number 8323029026
  • $15,512 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $130
  • Gardener Expense $840
  • Insurance Expense $5,467
  • Pest Control $726
  • Trash Expense $4,028
  • Water Sewer Expense $4,022
  • New Taxes Expense $15,512
  • Operating Expense $33,410
  • Gross Income $115,800
  • Net Operating Income $82,389

Property Details

Home Type

Condominium

Year Built

Built in 1962

Lot Details

0

Parking

5

Listing Details

  • CapRate: 5.49
  • Other Phone Description: 562 869-4248
  • Other Phone Number: 310 941-3406
  • Price Per Unit: 300000
  • Property Attached: No
  • Water Sewer Expenses: 4022.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 8323029026
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Abbey Ln
  • Common Walls: No Common Walls
  • Entry Level: 2
  • Price Per Square Foot: 329.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 726.00
  • Sewer: Public Sewer
  • Trash Expense: 4028.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7807.00
  • Lot Size Acres: 0.1792

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 130.00
  • Gross Income: 115800.00
  • Gross Multiplier: 12.95
  • Gross Operating Income: 115800.00
  • Gross Scheduled Income: 115800.00
  • Insurance Expense: 5467.00
  • Laundry Income: 1500.00
  • Lot Size Area: 7807.0000 Square Feet
  • Net Operating Income: 82389.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 33410.00
  • Rent Control: Yes
  • Total Actual Rent: 9525.00
  • Total Expenses: 33410.00

Tax Info

  • New Taxes Expense: 15512.00
  • Tax Lot: 13
  • Tax Tract Number: 20535
  • TaxOtherAnnualAssessmentAmount: 15512.00

Range of Values:

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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 Change Sq Ft Price
07/27/2025 07/27/25 For Rent $1,850 -15.9% --
06/19/2025 06/19/25 For Rent $2,200 -18.5% --
01/24/2025 01/24/25 Rented $2,700 0.0% --
01/18/2025 01/18/25 For Rent $2,700 0.0% --
01/10/2025 01/10/25 Sold $1,440,000 -4.0% $330 / Sq Ft
12/25/2024 12/25/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $1,500,000 0.0% $343 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
06/23/2023 06/23/23 For Sale $1,500,000 +30.4% $343 / Sq Ft
05/12/2021 05/12/21 Sold $1,150,000 -2.0% $263 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
03/22/2021 03/22/21 Price Changed $1,174,000 -6.0% $269 / Sq Ft
01/29/2021 01/29/21 Price Changed $1,249,000 -21.9% $286 / Sq Ft
01/07/2021 01/07/21 For Sale $1,599,000 +178.1% $366 / Sq Ft
03/21/2014 03/21/14 Sold $575,000 -4.2% $132 / Sq Ft
12/20/2013 12/20/13 Pending -- -- --
12/12/2013 12/12/13 For Sale $599,900 -- $137 / 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: WS23111968

California Regional Multiple Listing Service (CRMLS)