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

Sale Details

Date Sold: May 1, 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

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

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 $7,831 $487,489 $147,720 $339,769
2024 $7,453 $477,931 $144,824 $333,107
2023 $7,312 $468,561 $141,985 $326,576
2022 $6,895 $459,374 $139,201 $320,173
2021 $6,712 $450,368 $136,472 $313,896
2019 $6,615 $437,892 $132,425 $305,467
2018 $6,398 $429,324 $129,829 $299,495
2016 $5,875 $411,809 $124,789 $287,020
2015 $5,662 $405,624 $122,915 $282,709
2014 $5,666 $397,680 $120,508 $277,172
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)
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