NOT LISTED FOR SALE
6 Beds
6 Baths
3,838 Sq Ft
7,100 Sq Ft Lot

Last Sold October 28, 2015

Last sale price $600,000 $156 Per Sq Ft

175 Days on Market

About This Home

As of October 2015

Extra Income Opportunity! Actual annual income $54,600 from a low maintenance building. Market income is $61,800. Easy access to 10 and 57 freeways. Nearest cross streets are Indian Hill Blvd and Holt Ave.

Last Agent to Sell the Property

Benjamin Lin

1000 Realty Corporation License #01383988 Listed on: 04/09/2015

Last Buyer's Agent

Rose Wu

IRN Realty License #01433336

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,100 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 6 Parking Spaces

Home Design

  • 3,838 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 17170
  • Assessor Parcel Number 8323028008

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $720
  • Insurance Expense $1,200
  • Maintenance Expense $500
  • Professional Management Expense $2,400
  • Trash Expense $924
  • Water Sewer Expense $1,560
  • New Taxes Expense $7,725
  • Gross Income $4,550
  • Net Operating Income $37,651

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Professional Management Expense: 2400.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1560.00
  • Property Type: Residential Income
  • Parcel Number: 8323028008
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 156.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 924.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 7100.00
  • Price Per Lot Square Foot: 84.51
  • Lot Size Acres: 0.1630

Multi Family

  • Electric Expense: 720.00
  • Gross Income: 4550.00
  • Gross Scheduled Income: 54600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7100.0000 Square Feet
  • Maintenance Expense: 500.00
  • Net Operating Income: 37651.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 16949.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7725.00
  • Tax Lot: 8
  • Tax Tract Number: 17170
  • Tax Year: 2014

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
10/28/2015 10/28/15 Sold $600,000 -7.0% $156 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $645,000 +30.3% $168 / Sq Ft
07/03/2012 07/03/12 Sold $495,000 0.0% $129 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
10/19/2011 10/19/11 For Sale $495,000 -- $129 / 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: AR15074330

California Regional Multiple Listing Service (CRMLS)