NOT LISTED FOR SALE
6 Beds
6 Baths
3,838 Sq Ft
7,318 Sq Ft Lot

Last Sold February 18, 2015

Last sale price $510,000 $133 Per Sq Ft

309 Days on Market

About This Home

As of February 2015

Great Investment Opportunity! All Units Are Fully Occupied. Low Maintenance and Easy Management! Each Unit Is 1 Bed/1 Bath. Large and Spacious. Stable Tenants With Upside For Rent Increase. Please Do Not Miss This One of Kind Chance.

Last Agent to Sell the Property

Jamie Chao

Pinnacle Real Estate Group License #01227621 Listed on: 03/09/2014

Pinnacle Real Estate Group

Last Buyer's Agent

Kiet Truong

TopSky Realty Inc License #01860551

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,328 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 3,838 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 17170
  • Assessor Parcel Number 8323028005

Community Details

Overview

  • 6 Units

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $831
  • Insurance Expense $1,200
  • Maintenance Expense $1,100
  • Professional Management Expense $3,000
  • Trash Expense $945
  • Water Sewer Expense $2,039
  • New Taxes Expense $6,400
  • Gross Income $4,200
  • Net Operating Income $33,261

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

7,328 Sq Ft Lot

Listing Details

  • Professional Management Expense: 3000.00
  • Property Attached: No
  • Water Sewer Expenses: 2039.00
  • Property Type: Residential Income
  • Parcel Number: 8323028005
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 132.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 945.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7328.00
  • Lot Size Acres: 0.1680

Multi Family

  • Electric Expense: 831.00
  • Gross Income: 4200.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7328.0000 Square Feet
  • Maintenance Expense: 1100.00
  • Net Operating Income: 33261.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 17139.00
  • Rent Control: No
  • Total Actual Rent: 4200.00

Tax Info

  • New Taxes Expense: 6400.00
  • Tax Lot: 5
  • Tax Tract Number: 17170
  • Tax Year: 2013
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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 Prior Sale
02/18/2015 02/18/15 Sold $510,000 +67900.0% $133 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
01/11/2015 01/11/15 Rented $750 -6.3% --
01/11/2015 01/11/15 For Rent $800 0.0% --
03/09/2014 03/09/14 For Sale $599,888 +37.9% $156 / Sq Ft
10/31/2012 10/31/12 Sold $435,000 -3.3% $113 / Sq Ft View Prior Sale
09/13/2012 09/13/12 Pending -- -- --
02/22/2012 02/22/12 For Sale $450,000 -- $117 / 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 $8,774 $612,935 $360,551 $252,384
2024 $8,774 $600,918 $353,482 $247,436
2023 $8,611 $589,136 $346,551 $242,585
2022 $8,474 $577,585 $339,756 $237,829
2021 $8,273 $566,261 $333,095 $233,166
2019 $8,423 $550,352 $323,216 $227,136
2018 $7,839 $539,579 $316,879 $222,700
2016 $7,327 $517,777 $304,575 $213,202
2015 $6,510 $445,704 $240,782 $204,922
2014 $6,495 $436,974 $236,066 $200,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR14048478

California Regional Multiple Listing Service (CRMLS)
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