NOT LISTED FOR SALE
8 Beds
5 Baths
3,476 Sq Ft
0.44 Acres

Last Sold June 17, 2022

Last sale price $745,000 $214 Per Sq Ft

15 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Attached Carport
  • Cooling Available
  • Accessible Parking
  • Wire Fence

About This Home

As of June 2022

5 UNITS ALL FULLY OCCUPIED! GREAT LONG-TERM TENANTS, NEVER MISSED RENT! BEST INVESTMENT PROPERTY IN THE MARKET! All units have separate electric, gas meters and laundry hookups. Unit 3 has been newly remodeled! Unit 2 is a granny house attached to Unit 1. There is already a floor plan and ADU permit in the process with the city for the 6th Unit, can be leased for another $1500! Termite Clearance Report recently done. Low Maintenace! This will sell fast!!!!! This property is tenant occupied, No For Sale sign. Please do not disturb tenants under any circumstances. Please call listing agent for additional information. All offers subject to buyers due diligence. Property sold as is. CASH, COMMERCIAL LOAN ONLY. We have commercial lender available upon request.

Last Agent to Sell the Property

WEI CHEN

Wetrust Realty License #01939911 Listed on: 05/05/2022

Last Buyer's Agent

Na Li

JYG Royal Investment Co License #01872533

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 0.44 Acre Lot
  • No Common Walls
  • Wire Fence
  • Density is 2-5 Units/Acre

Interior Spaces

  • 3,476 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • Attached Carport
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 21 / 5
  • Tax Tract Number 2121
  • Assessor Parcel Number 0273211250000
  • $193 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,950
  • Maintenance Expense $1,500
  • Trash Expense $960
  • Water Sewer Expense $960
  • New Taxes Expense $9,110
  • Operating Expense $17,030
  • Gross Income $65,040
  • Net Operating Income $48,010

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 158000
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 960.00
  • Zoning: RM
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 0273211250000
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 214.33

Exterior Features

  • Fence: Yes
  • Fencing: Wire
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Carport, Attached Carport

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood
  • Heating Type: Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 960.00
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 19000.00
  • Lot Size Acres: 0.4362

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 65040.00
  • Gross Scheduled Income: 65040.00
  • Insurance Expense: 1950.00
  • Lot Size Area: 19000.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 48010.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number Wall A C: 5
  • Number With Dishwasher: 5
  • Number With Disposal: 4
  • Number With Patio: 1
  • Number With Range: 5
  • Operating Expense: 17030.00
  • Rent Control: No
  • Total Actual Rent: 65040.00
  • Total Expenses: 17030.00

Tax Info

  • New Taxes Expense: 9110.00
  • Tax Block: 5
  • Tax Census Tract: 63.03
  • Tax Lot: 21
  • Tax Tract Number: 2121
  • TaxOtherAnnualAssessmentAmount: 193.00

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 Change Sq Ft Price
06/17/2022 06/17/22 Sold $745,000 -5.7% $214 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $790,000 +14.5% $227 / Sq Ft
10/23/2020 10/23/20 Sold $690,000 +3.1% $199 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $669,000 -- $193 / 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: WS22094085

California Regional Multiple Listing Service (CRMLS)

APN: 0273-211-25