NOT LISTED FOR SALE

664 Rocky Loop Crestline, CA 92325

9 Beds
7 Baths
4,767 Sq Ft
1964 Built

Last Sold March 30, 2018

Last sale price $415,000 $87 Per Sq Ft

314 Days on Market

Highlights

  • Property is near a park
  • Main Floor Bedroom
  • No HOA
  • Traditional Architecture
  • Living Room with Attached Deck
  • Walk-In Pantry

About This Home

As of March 2018

Six unit multiplex in Crestline. Three stand alone buildings. Ideal business. Family home with income, or rent all 6 units- First building has an owner's unit, 2 bedrooms / 1 bath, and has a downstairs rental 2 bedrooms / 2 bath. It can be combined into one large home with in-law quarters.

Second building has three 1 bedroom, 1 bath units. Third unit is a 2 bedroom / 1 bath house. One covered parking space plus seven off-street parking spaces. *** Just raised rent on unit turnover from $600 to $700 ***

Walk to grocery store, park, library, restaurants, lake. Great condition. Excellent tenants. Unique zoning. Nothing else like this in the mountains.

Last Agent to Sell the Property

Kevin Wheeler

Century 21 Village Realty License #01994525 Listed on: 02/02/2017

Century 21 Village Realty

Last Buyer's Agent

Kevin Wheeler

Century 21 Village Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,400 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Fence is in excellent condition
  • Level Lot

Home Design

  • Traditional Architecture
  • Split Level Home
  • Property Attached
  • Fire Rated Drywall
  • Blown-In Insulation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Partial Copper Plumbing
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,767 Sq Ft Home
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Track Lighting
  • Wood Burning Fireplace
  • Raised Hearth
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Wood Frame Window
  • Casement Windows
  • Window Screens
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Utility Room
  • Basement

Kitchen

  • Walk-In Pantry
  • Electric Oven
  • Gas Range
  • Free-Standing Range
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Main Floor Bedroom
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Covered Parking
  • Uncovered Parking
  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Doors swing in
  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Overhead Utilities
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Gas Water Heater
  • Phone System
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 1409
  • Tax Tract Number 1989
  • Assessor Parcel Number 0338281170000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Building Details

  • 5 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $1,349
  • Fuel Expense $763
  • Insurance Expense $3,551
  • Trash Expense $1,029
  • Water Sewer Expense $2,395
  • New Taxes Expense $5,999
  • Operating Expense $15,086
  • Gross Income $38,575
  • Net Operating Income $32,914

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • CapRate: 7.31
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security Lights
  • Water Sewer Expenses: 2395.00
  • Zoning: CF/RM
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 0338281170000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Ceramic Counters, Copper Plumbing Partial, Crown Molding, Living Room Deck Attached, Phone System, Tile Counters, Track Lighting, Wired for Data
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Doors - Swing In, Parking
  • Appliances: Yes
  • Fireplace Features: Living Room, Gas, Wood Burning, Raised Hearth
  • Levels: Multi/Split
  • Price Per Square Foot: 87.06
  • Room Type: Basement, Kitchen, Living Room, Main Floor Bedroom, Utility Room, Walk-In Pantry
  • Window Features: Blinds, Casement Windows, Double Pane Windows, Screens, Wood Frames

Exterior Features

  • Foundation: Concrete Perimeter
  • Exterior Features: Rain Gutters, Satellite Dish
  • Fence: Yes
  • Fencing: Block, Chain Link, Excellent Condition
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Construction Materials: Blown-In Insulation, Drywall Walls, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Covered, Uncovered, Off Street

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Free-Standing Range, Disposal, Gas Range, Gas Water Heater
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Central, Wall Furnace, Forced Air, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Trash Expense: 1029.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Park Nearby, Utilities - Overhead
  • Lot Size Sq Ft: 7400.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 1349.00
  • Fuel Expense: 763.00
  • Gross Income: 38575.00
  • Gross Multiplier: 9.37
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 3551.00
  • Net Operating Income: 32914.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 5
  • Number Of Units Total: 6
  • Operating Expense: 15086.00
  • Rent Control: No
  • Total Actual Rent: 3150.00
  • Total Expenses: 15086.00

Tax Info

  • New Taxes Expense: 5999.00
  • Tax Census Tract: 108.04
  • Tax Lot: 1409
  • Tax Tract Number: 1989

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 List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $415,000 -7.8% $87 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
10/05/2017 10/05/17 For Sale $449,999 +8.4% $94 / Sq Ft
10/03/2017 10/03/17 Off Market $415,000 -- --
03/21/2017 03/21/17 Price Changed $449,999 -10.0% $94 / Sq Ft
02/02/2017 02/02/17 For Sale $499,999 -- $105 / 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: AR17010888

California Regional Multiple Listing Service (CRMLS)