NOT LISTED FOR SALE

Estimated Value: $1,635,000 - $2,006,000

10 Beds
8 Baths
5,791 Sq Ft
$315/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $1,650,000 $285 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $11,192/month

19 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Corner Lot
  • 4 Car Direct Access Garage
  • Sandburg Middle School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of March 2023

DON'T PASS THIS UP....Inviting investors or owners to own these fantastic quadruplex multi-family 4-unit apartment complex on a corner lot close to Fwy 210, walking distance to school and famous restaurants along Route 66. All four units have been tenant occupied for over 17 years, very stable rent with excellent occupants. Each unit has attached garage and open large front spaces for additional parking. Two units have 3 bedrooms and 2 baths and the other two units have 2 bedrooms and two baths. The specific addresses of the units are 701, 703, 705 and 707.

Last Agent to Sell the Property

Jesus Lopez

Goldland Pro Realty License #00901133 Listed on: 01/03/2023

Last Buyer's Agent

Jesus Lopez

Goldland Pro Realty License #00901133 Listed on: 01/03/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,491

Year Built

  • Built in 1978

Lot Details

  • 0.3 Acre Lot
  • Two or More Common Walls
  • Corner Lot
  • Level Lot
  • Front Yard

Parking

  • 4 Car Direct Access Garage
  • Parking Available

Home Design

  • Apartment

Interior Spaces

  • 5,791 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Fireplace in Primary Bedroom
  • 8 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, HVAC maintenance, telephone, trash collection, water
  • Tax Lot 1
  • Tax Tract Number 33011
  • Assessor Parcel Number 8633017003

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,400
  • Operating Expense $2,400
  • Gross Income $96,000
  • Net Operating Income $93,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,491

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Zoning: GDR2
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 8633017003
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Family Room, Kitchen, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 284.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13178.00
  • Lot Size Acres: 0.3025

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, HVAC Maintenance, Telephone, Trash Collection, Water

Multi Family

  • Gross Income: 96000.00
  • Gross Scheduled Income: 96000.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 13178.0000 Square Feet
  • Net Operating Income: 93850.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 2150.00
  • Rent Control: No
  • Total Expenses: 2400.00

Tax Info

  • Tax Census Tract: 4008.01
  • Tax Lot: 1
  • Tax Tract Number: 33011

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
03/30/2023 03/30/23 Sold $1,650,000 +3.1% $285 / Sq Ft
01/24/2023 01/24/23 For Sale $1,600,000 -3.0% $276 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
01/05/2023 01/05/23 Off Market $1,650,000 -- --
01/03/2023 01/03/23 For Sale $1,600,000 -- $276 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $19,491 $1,623,024 $1,040,400 $582,624
2024 $19,491 $1,591,200 $1,020,000 $571,200
2023 $9,398 $694,300 $347,150 $347,150
2022 $9,233 $680,688 $340,344 $340,344
2021 $9,057 $667,342 $333,671 $333,671
2019 $8,593 $647,550 $323,775 $323,775
2018 $8,211 $634,854 $317,427 $317,427
2016 $7,832 $610,202 $305,101 $305,101
2015 $7,663 $601,038 $300,519 $300,519
2014 $7,655 $589,266 $294,633 $294,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR23000700

California Regional Multiple Listing Service (CRMLS)

APN: 8633-017-003