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

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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

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

Closed on
Feb 25, 2004
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
$488,850
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2001
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
$247,500
Interest Rate
7.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 20, 1997
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Commonwealth Land Title
$330,000 Fidelity Title
-- --
-- --
-- --
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 $500,000
Closed $500,000
Closed $488,850
Previous Owner $247,500
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 $1,307 $28,300 $2,000 $26,300
2024 $637 $28,300 $2,000 $26,300
2023 $586 $28,300 $2,000 $26,300
2022 $538 $28,300 $2,000 $26,300
2021 $490 $10,610 $2,000 $8,610
2020 $490 $10,610 $2,000 $8,610
2019 $508 $10,610 $2,000 $8,610
2018 $469 $10,610 $2,000 $8,610
2017 $487 $10,610 $2,000 $8,610
2016 $839 $19,700 $2,000 $17,700
Source: Public Records

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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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