NOT LISTED FOR SALE
8 Beds
5 Baths
3,340 Sq Ft
9,583 Sq Ft Lot

Last Sold September 25, 2024

Last sale price $950,000 $284 Per Sq Ft

79 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • No Heating

About This Home

As of September 2024

Established 4-plex, all long term rentals. Well maintained grounds. Plenty of parking, including 4 covered carports and additional parking. Central location near shopping, restaurants and more. Great upside in future rents.

Last Agent to Sell the Property

Jamie Gilman

First Team Real Estate License #00675233 Listed on: 05/28/2024

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 9,583 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 3,340 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 10 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Tax Lot 04013
  • Assessor Parcel Number 2300105400

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,875
  • Water Sewer Expense $18,722
  • Operating Expense $18,725
  • Gross Income $71,270
  • Net Operating Income $52,544

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • CapRate: 4.20
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 18722.00
  • Zoning: R-3:RESTRICTED MULTIPLE
  • Property Type: Residential Income
  • Parcel Number: 2300105400
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 284.43

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: No
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9583.20
  • Lot Size Acres: 0.2200

Multi Family

  • Gross Income: 71270.00
  • Gross Scheduled Income: 71270.00
  • Insurance Expense: 3875.00
  • Lot Size Area: 0.2200 Acres
  • Net Operating Income: 52544.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 18725.00
  • Rent Control: No
  • Total Expenses: 18725.00

Tax Info

  • Tax Lot: 04013
  • Tax Tract Number: PM0074
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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
09/25/2024 09/25/24 Sold $950,000 -13.6% $284 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
08/08/2024 08/08/24 Price Changed $1,100,000 0.0% $329 / Sq Ft
08/08/2024 08/08/24 For Sale $1,100,000 -12.0% $329 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $1,250,000 -- $374 / 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 $3,360 $950,000 $600,000 $350,000
2024 $3,360 $290,811 $72,601 $218,210
2023 $3,282 $285,110 $71,178 $213,932
2022 $3,246 $279,521 $69,783 $209,738
2021 $3,194 $274,041 $68,415 $205,626
2020 $3,176 $271,232 $67,714 $203,518
2019 $3,100 $265,915 $66,387 $199,528
2018 $3,014 $260,702 $65,086 $195,616
2017 $2,965 $255,591 $63,810 $191,781
2016 $2,905 $250,580 $62,559 $188,021
2015 $2,881 $246,817 $61,620 $185,197
2014 $2,764 $241,983 $60,413 $181,570
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2404630

California Regional Multiple Listing Service (CRMLS)

APN: 230-010-54-00

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