NOT LISTED FOR SALE
11 Beds
6 Baths
3,734 Sq Ft
6,752 Sq Ft Lot

Last Sold September 24, 2015

Last sale price $785,000 $210 Per Sq Ft

31 Days on Market

About This Home

As of September 2015

Please note: the address on the front of the building is 6714 Lemp Avenue

Two buildings, 4 units in front, all two bedrooms/one bath units and in back a three bedroom/two bath house!!
There are 2 parking spaces off the driveway and room for 4 cars in the back.
This property is a great opportunity for an investor or an owner/occupier. Live in the back and collect the rent from the 4 units!!!
House built in 1940. Units built in 1960.

Laundry room is currently for owner's use only but easily converted to coin and new source of income!

Last Agent to Sell the Property

Katherine Andrusco

Andrusco Realty License #01225734 Listed on: 07/21/2015

Last Buyer's Agent

Shawn Mehrannia

Home Team Realty License #01874025

Home Team Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,753 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot

Home Design

  • 3,734 Sq Ft Home

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available
  • Parking Lot
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 11
  • Tax Tract Number 6346
  • Assessor Parcel Number 2320015009

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,235
  • Water Sewer Expense $3,100
  • New Taxes Expense $9,363
  • Gross Income $3,807
  • Net Operating Income $31,386

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

6,753 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3100.00
  • Property Type: Residential Income
  • Parcel Number: 2320015009
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 210.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Parking Space
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level, Rectangular Lot, Lot 6500-9999
  • Lot Size Sq Ft: 6753.00
  • Price Per Lot Square Foot: 116.24
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3807.00
  • Gross Scheduled Income: 45684.00
  • Insurance Expense: 1235.00
  • Lot Size Area: 6753.0000 Square Feet
  • Net Operating Income: 31386.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 14298.00
  • Other Income Description: pro forma house $1800 per mnth
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 9363.00
  • Tax Lot: 11
  • Tax Tract Number: 6346
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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
09/24/2015 09/24/15 Sold $785,000 +4.8% $210 / Sq Ft
07/24/2015 07/24/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $749,000 -- $201 / Sq Ft
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 $12,971 $1,021,311 $638,320 $382,991
2024 $12,971 $1,001,286 $625,804 $375,482
2023 $12,732 $981,654 $613,534 $368,120
2022 $12,167 $962,406 $601,504 $360,902
2021 $12,009 $943,536 $589,710 $353,826
2020 $12,123 $933,862 $583,664 $350,198
2019 $11,667 $915,552 $572,220 $343,332
2018 $11,508 $897,600 $561,000 $336,600
2016 $10,021 $785,000 $500,000 $285,000
2015 $1,794 $95,058 $34,294 $60,764
2014 $1,834 $93,197 $33,623 $59,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15138621

California Regional Multiple Listing Service (CRMLS)
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