NOT LISTED FOR SALE
3 Beds
2 Baths
5,490 Sq Ft
1964 Built

Last Sold May 01, 2012

Last sale price $850,000 $155 Per Sq Ft

146 Days on Market

About This Home

As of May 2012

Seller Super Motivated 100% Occupied 3 Garages Laundry On-Site Alley with easy access to Units

Last Agent to Sell the Property

Susan Doan

Burton S. Young, Broker License #00544426 Listed on: 10/28/2011

Last Buyer's Agent

Susan Doan

Burton S. Young, Broker License #00544426 Listed on: 10/28/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Parking

  • 3 Parking Spaces

Home Design

  • 5,490 Sq Ft Home
  • Shingle Roof
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Cooktop
  • Leased Washer and Dryer
  • No Heating

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 7274020017

Community Details

Overview

  • 8 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,536
  • Gardener Expense $960
  • Insurance Expense $2,400
  • Other Expense $2,500
  • Pest Control $180
  • Professional Management Expense $3,750
  • Supplies Expense $200
  • Water Sewer Expense $2,400
  • New Taxes Expense $8,712
  • Gross Income $6,434
  • Net Operating Income $46,012

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.81
  • Professional Management Expense: 3750.00
  • Supplies Expense: 200.00
  • View: No
  • Water Sewer Expenses: 2400.00
  • Zoning: R2N
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 7274020017
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 154.83

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No
  • Appliances: Cooktop
  • Pest Control Expense: 180.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Amount Frequency: Monthly

Multi Family

  • Electric Expense: 1536.00
  • Gross Income: 6434.00
  • Gross Multiplier: 10.56
  • Gross Scheduled Income: 75024.00
  • Insurance Expense: 2400.00
  • Laundry Equipment Own Lease: Lease
  • Net Operating Income: 46012.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 27601.00
  • Other Expense: 2500.00
  • Total Actual Rent: 75024.00

Tax Info

  • New Taxes Expense: 8712.00
  • Tax Lot: 4

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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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
05/01/2012 05/01/12 Sold $850,000 +7.3% $155 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
10/28/2011 10/28/11 For Sale $792,000 -- $144 / 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: S678205

California Regional Multiple Listing Service (CRMLS)