NOT LISTED FOR SALE

724 23rd St Paso Robles, CA 93446

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

Sale Details

Date Sold: December 14, 2018

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

114 Days on Market

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

NextHome Central Coast License #01465568 Listed on: 07/03/2018

NextHome 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

Additional Features

  • Laundry Located Outside
  • 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

6,521 Sq Ft Lot

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
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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
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

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
2025 $8,620 $790,898 $334,654 $456,244
2024 $8,480 $775,392 $328,093 $447,299
2023 $8,480 $760,189 $321,660 $438,529
2022 $8,354 $745,284 $315,353 $429,931
2021 $8,211 $730,671 $309,170 $421,501
2020 $8,099 $723,180 $306,000 $417,180
2019 $7,985 $709,000 $300,000 $409,000
2018 $5,984 $528,130 $205,970 $322,160
2017 $5,627 $517,776 $201,932 $315,844
2016 $5,517 $507,624 $197,973 $309,651
2015 $1,400 $127,399 $102,317 $25,082
2014 $1,352 $124,904 $100,313 $24,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP18158140

California Regional Multiple Listing Service (CRMLS)
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