NOT LISTED FOR SALE

724 23rd St Paso Robles, CA 93446

6 Beds
5 Baths
2,027 Sq Ft
6,521 Sq Ft Lot

Last Sold December 14, 2018

Last sale price $709,000 $350 Per Sq Ft

114 Days on Market

Highlights

  • No Units Above
  • Paso Robles High School Rated A-
  • Laundry Room

About This Home

As of December 2018

Best value and Cap rate in the county, alomost a 6 cap. $714K, 5 units. 4 -1 bedroom, 1- 2 bedroom plus loft. Income is 5350 a month. All units are updated in last 4 years. Very low maintenance . They rent super fast and have solid tenants currently. This will go fast, so set up a showing.

Last Agent to Sell the Property

Veronica Benavidez

Keller Williams Realty Central Coast License #01465568 Listed on: 07/03/2018

Keller Williams Realty Central Coast

Last Buyer's Agent

Maci Umbertis

RE/MAX Parkside Real Estate License #01784326

RE/MAX Parkside Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,521 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,027 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Urban Location
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 008165012

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Trash Expense $3,000
  • Water Sewer Expense $2,400
  • New Taxes Expense $8,500
  • Operating Expense $13,640
  • Gross Income $5,350
  • Net Operating Income $50,560

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 008165012
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls, No One Above
  • Price Per Square Foot: 349.78

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Unknown
  • Trash Expense: 3000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6521.00
  • Lot Size Acres: 0.1497

Multi Family

  • Gross Income: 5350.00
  • Gross Scheduled Income: 64200.00
  • Insurance Expense: 700.00
  • Lot Size Area: 6521.0000 Square Feet
  • Net Operating Income: 50560.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 13640.00
  • Rent Control: No
  • Total Actual Rent: 5375.00
  • Total Expenses: 13640.00

Tax Info

  • New Taxes Expense: 8500.00
  • Tax Census Tract: 101.02

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
12/14/2018 12/14/18 Sold $709,000 -0.7% $350 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
10/15/2018 10/15/18 Price Changed $714,000 -4.7% $352 / Sq Ft
09/09/2018 09/09/18 Price Changed $749,000 -5.1% $370 / Sq Ft
08/17/2018 08/17/18 Price Changed $789,000 -3.7% $389 / Sq Ft
07/31/2018 07/31/18 Price Changed $819,000 -3.6% $404 / Sq Ft
07/03/2018 07/03/18 For Sale $850,000 -- $419 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Veronica Benavidez

    Seller's Agent in 2018

    Veronica Benavidez

    Keller Williams Realty Central Coast

    (805) 550-6488

    68 Total Sales

    Veronica Benavidez
    Section Image
  • Maci Umbertis

    Buyer's Agent in 2018

    Maci Umbertis

    RE/MAX

    (805) 610-3595

    239 Total Sales

    Maci Umbertis
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP18158140

California Regional Multiple Listing Service (CRMLS)
California San Luis Obispo County Paso Robles 93446

724 23rd St, Paso Robles, CA

This home is located at 724 23rd St, Paso Robles, CA 93446 since 03 July 2018. This property was built in 1951. 724 23rd St is a home located in San Luis Obispo County with nearby schools including Glen Speck Elementary School, George H. Flamson Middle School, and Paso Robles High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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