Seller's Agent in 2022
Peter Maclennan
Maclennan Investment Group
(925) 385-8798
2 in this area
12 Total Sales
69 Alturas Ave Pittsburg, CA 94565
East Contra Costa NeighborhoodEstimated Value: $902,000 - $1,192,685
Studio
4
Baths
2,897
Sq Ft
$356/Sq Ft
Est. Value
Highlights
- No HOA
- Tile Flooring
- Rectangular Lot
- 3 Car Attached Garage
- Garden
- Heating System Uses Natural Gas
About This Home
As of July 202269 Alturas offers a well-maintained 4 unit building in Pittsburg, CA. The building offers turn-key revenue along with upside potential with rental increases. Originally constructed in 1952, the units have been tastefully updated by current ownership. Great unit mix with two 2-bedroom units, one 1-bedroom + Den, and one 1-bedroom unit. The property offers a unique opportunity for the new buyer to raise rents as units turn over. In addition, the attached garages offer the opportunity for conversion to an ADU and the creation of additional revenue. Long-term tenants on month-to-month agreements. DRIVE-BY ONLY. DO NOT DISTURB TENANTS.
Last Agent to Sell the Property
Maclennan Investment Group License #01801793 Listed on: 04/19/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 9,520 Sq Ft Lot
- Rectangular Lot
- Garden
Home Design
- Quadruplex
- Stucco
Flooring
- Partially Carpeted
- Linoleum
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bathrooms
Parking
- 3 Car Attached Garage
- On-Street Parking
- Off-Street Parking
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
Community Details
- No Home Owners Association
- 2,897 Sq Ft Building
- Contra Costa Association
Listing and Financial Details
- Assessor Parcel Number 087113017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 22, 2024
Sold by
Davari Mehron
Bought by
Davari Mojgon and Fastenau Ryan Carl
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$889,639
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$140,282
Purchase Details
Listed on
Apr 19, 2022
Closed on
Jul 20, 2022
Sold by
Brij Educational Services Inc
Bought by
Davari Mehron
Seller's Agent
Peter Maclennan
Maclennan Investment Group
Buyer's Agent
Eric Sadati
Pellego
List Price
$1,000,000
Sold Price
$975,000
Premium/Discount to List
-$25,000
-2.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%
Original Mortgage
$731,250
Interest Rate
5.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 13, 2012
Sold by
Lack Robert O and Lack Beverly A
Bought by
Gakhar Sorabh and Gakhar Neetu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,212
Interest Rate
3.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 11, 2012
Sold by
Gakhar Sorabh and Gakhar Neetu
Bought by
Brij Educational Services Inc
Purchase Details
Closed on
Sep 22, 1998
Sold by
Boege F G F and Boege Elizabeth
Bought by
Lack Robert O and Lack Beverly A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 6, 1997
Sold by
Boege F G F and Boege Elizabeth
Bought by
Boege F G and Boege Elizabeth
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Davari Mojgon | $1,200,000 | Stewart Title Of California | |
| Davari Mehron | $975,000 | Stewart Title Of California | |
| Gakhar Sorabh | $295,000 | Chicago Title Company | |
| Brij Educational Services Inc | -- | None Available | |
| Lack Robert O | $125,000 | North American Title Co | |
| Boege F G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davari Mojgon | $900,000 | |
| Previous Owner | Davari Mehron | $731,250 | |
| Previous Owner | Gakhar Sorabh | $221,212 | |
| Previous Owner | Lack Robert O | $100,000 | |
| Closed | Lack Robert O | $12,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $975,000 | -- | -- |
| 07/27/2022 07/27/22 | Sold | $975,000 | -2.5% | $337 / Sq Ft |
| 06/10/2022 06/10/22 | Pending | -- | -- | -- |
| 04/19/2022 04/19/22 | For Sale | $1,000,000 | -- | $345 / Sq Ft |
Source: Contra Costa Association of REALTORS®
Tax History Compared to Growth
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 | $16,376 | $1,200,000 | $500,000 | $700,000 |
| 2024 | $13,369 | $994,500 | $459,000 | $535,500 |
| 2023 | $13,369 | $975,000 | $450,000 | $525,000 |
| 2022 | $6,380 | $342,309 | $69,620 | $272,689 |
| 2021 | $6,324 | $335,598 | $68,255 | $267,343 |
| 2019 | $5,985 | $325,646 | $66,232 | $259,414 |
| 2018 | $5,767 | $319,262 | $64,934 | $254,328 |
| 2017 | $5,678 | $313,003 | $63,661 | $249,342 |
| 2016 | $5,437 | $306,866 | $62,413 | $244,453 |
| 2015 | $5,535 | $302,258 | $61,476 | $240,782 |
| 2014 | $5,249 | $296,338 | $60,272 | $236,066 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Maclennan
-
Eric Sadati
E
Buyer's Agent in 2022
Eric Sadati
Pellego
(925) 788-4193
4 in this area
23 Total Sales
Map
Source: Contra Costa Association of REALTORS®
MLS Number: 40989517
APN: 087-113-017-5
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