NOT LISTED FOR SALE
2 Beds
1 Bath
-- Sq Ft
6,241 Sq Ft Lot

Last Sold December 20, 2013

Last sale price $770,000

6 Days on Market

About This Home

As of December 2013

Great 6 Unit Building. Maintained very well. Over 78,000 Gross Annual Income. Good Unit mix with 4- 2+1's and 2 1+1's
Onsite Laundry Room, Gated Parking.

Last Agent to Sell the Property

Steven Courchaine

No Firm Affiliation License #01250033 Listed on: 11/11/2013

Co-Listed By

Janice Pagano

Pinnacle Estate Properties, Inc. License #01335628

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,241 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot

Parking

  • 6 Car Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 16625
  • Assessor Parcel Number 2315025043

Community Details

Overview

  • 6 Units

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,066
  • Gardener Expense $480
  • Insurance Expense $1,818
  • Maintenance Expense $1,000
  • Professional Management Expense $500
  • Trash Expense $999
  • Water Sewer Expense $3,265
  • New Taxes Expense $9,737
  • Gross Income $6,575
  • Net Operating Income $60,063

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

6

Listing Details

  • CapRate: 7.26
  • Other Phone Description: 818.488.8003
  • Other Phone Number: 818.635.2275
  • Price Per Unit: 129833
  • Professional Management Expense: 500.00
  • Property Attached: No
  • Water Sewer Expenses: 3265.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 2315025043
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 999.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 6241.00
  • Lot Size Acres: 0.1430

Multi Family

  • Electric Expense: 1066.00
  • Gross Income: 6575.00
  • Gross Multiplier: 9.87
  • Gross Scheduled Income: 78906.00
  • Insurance Expense: 1818.00
  • Lot Size Area: 6241.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 60063.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 18843.00
  • Rent Control: Yes
  • Total Actual Rent: 6500.00
  • Vacancy Allowance Rate: 1.00

Tax Info

  • New Taxes Expense: 9737.00
  • Tax Lot: 14
  • Tax Tract Number: 16625
  • Tax Year: 2012

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 Change Sq Ft Price
12/20/2013 12/20/13 Sold $770,000 -1.2% --
11/17/2013 11/17/13 Pending -- -- --
11/11/2013 11/11/13 For Sale $779,000 -- --
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: SR13228917

California Regional Multiple Listing Service (CRMLS)