NOT LISTED FOR SALE
9 Beds
5 Baths
3,377 Sq Ft
6,029 Sq Ft Lot

Sale Details

Date Sold: November 4, 2021

Last sale price $2,300,000 $681 Per Sq Ft

7 Days on Market

About This Home

As of November 2021

Rare Opportunity to own this Unique Income Generating 4Plex. Unit 1 is a huge 3 bedroom, 1.5 bath (being used as a 4 bedroom unit) includes inside Laundry facility and Nice size Front Yard. Other 3 units are all 2 bedroom and one bath units. Unit #3 is Vacant, all other units are tenant occupied. Unit #1 has Central Heating, Other 3 units have a wall Heater. Highly Desirable Cupertino Schools and Lynbrook High. Ideal Location with close proximity to Shops and Restaurants, access to Hwy 85 and Apple Corp.

Last Agent to Sell the Property

Vahe Baronian

Compass License #01373114 Listed on: 09/15/2021

Compass

Last Buyer's Agent

Vahe Baronian

Compass License #01373114 Listed on: 09/15/2021

Compass
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

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 6,029 Sq Ft Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,377 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Crawl Space

Parking

  • 4 Carport Spaces
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $122,400
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $2,400
  • Maintenance Expense $3,000
  • Other Expense $500
  • Utility Expense $4,400
  • Trash Expense $2,100
  • Operating Expense $22,400
  • Gross Income $116,850

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

6,029 Sq Ft Lot

Listing Details

  • Zoning: C1
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3377
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 3377
  • Stories: 2
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Slab, Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Carport, On Street
  • Carport Min: 4

Utilities

  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • High School: 259

Lot Info

  • Lot Acres: 0.1384
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6027.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6027.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 17.88
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 2400
  • Expense Maintenance: 3000
  • Expenses Other: 500
  • Expenses Total: 22400
  • Expenses Utility: 4400
  • Expense Trash: 2100
  • Income Annual Gross: 116850.00
  • Income Annual Rental: 122400
  • Income Gross Scheduled: 123000
  • Income Includes: Laundry
  • Income Other: 600
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Mortgage, Maintenance - Laundry, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric
  • Vacancy Factor: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Oct 29, 2021
Sold by
Bought by
Seller's Agent
Vahe Baronian
Compass
Buyer's Agent
Vahe Baronian
Compass
List Price
$2,199,000
Sold Price
$2,300,000
Premium/Discount to List
$101,000
4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,581,750
Outstanding Balance
$1,415,900
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2019
Sold by
Bought by

Purchase Details

Closed on
Feb 23, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 19, 2015
Sold by
Bought by

Purchase Details

Closed on
May 6, 2002
Sold by
Bought by

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
7.13%
Mortgage Type
Credit Line Revolving
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Calabazas, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,300,000 Old Republic Title Company
-- None Available
-- Lawyers Title
-- None Available
-- Fidelity National Title Co
-- Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,581,750
Previous Owner $60,000
Previous Owner $1,000,000
Previous Owner $250,000
Previous Owner $165,000
Previous Owner $604,500
Previous Owner $200,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/04/2021 11/04/21 Sold $2,300,000 +4.6% $681 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $2,199,000 -- $651 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $29,290 $2,489,591 $1,731,890 $757,701
2025 $26,631 $2,300,000 $1,600,000 $700,000
2024 $26,631 $2,392,920 $1,664,640 $728,280
2023 $29,729 $2,346,000 $1,632,000 $714,000
2022 $29,441 $2,300,000 $1,600,000 $700,000
2021 $14,852 $1,064,796 $536,900 $527,896
2020 $14,668 $1,053,879 $531,395 $522,484
2019 $14,383 $1,033,216 $520,976 $512,240
2018 $13,994 $1,012,958 $510,761 $502,197
2017 $13,924 $993,097 $500,747 $492,350
2016 $13,491 $973,626 $490,929 $482,697
2015 $13,376 $959,002 $483,555 $475,447
2014 $12,937 $940,217 $474,083 $466,134
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81862817

MLSListings

APN: 372-24-016

Your Personal Tour Guide

Ask me questions while you tour the home.