NOT LISTED FOR SALE
6 Beds
3 Baths
4,279 Sq Ft
0.41 Acre Lot

Sale Details

Date Sold: March 16, 2012

Last sale price $550,000 $129 Per Sq Ft

18 Days on Market

Highlights

  • 0.42 Acre Lot
  • Floor Furnace
  • Carpet
  • Contemporary Architecture

About This Home

As of March 2012

House plus 2 duplexes. House has a detached 2 car garage and a detached guest room that is being used for storage. Each dulex has a single car garage. Owner pays only water and trash. Long term tenants therefore rents are way below market. Needs some tlc. Property is being sold as-is no reapirs to be made and price reflects the same. Projected rents sould be $6200.00 per month or better. DRIVE BY ONLY DO NOT DISTURB THE TENANTS THEY DO NOT KNOW PROPERTY IS FOR SALE.

Last Agent to Sell the Property

Gregory Lucido

Eastside Realty Services Inc. License #00512665 Listed on: 09/15/2011

Last Buyer's Agent

Santos Hernandez

Centerpointe Real Estate License #01168986

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 18,069 Sq Ft Lot

Parking

  • 8 Parking Spaces

Home Design

  • 4,279 Sq Ft Home
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 8 / C
  • Tax Tract Number 11345
  • Assessor Parcel Number 6241023019

Community Details

Overview

  • 3 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $1,731
  • Professional Management Expense $3,600
  • Trash Expense $1,680
  • Water Sewer Expense $1,900
  • New Taxes Expense $6,000
  • Gross Income $6,200
  • Net Operating Income $53,969

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0.41 Acres

Listing Details

  • Assessments: No
  • CapRate: 9.39
  • Professional Management Expense: 3600.00
  • View: No
  • Water Sewer Expenses: 1900.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 6241023019
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 128.53

Exterior Features

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

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Water Heater
  • Heating Type: Floor Furnace, Natural Gas, Wall Furnace
  • Trash Expense: 1680.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 18069.00
  • Lot Size Acres: 0.4150

Multi Family

  • Gross Income: 6200.00
  • Gross Multiplier: 7.73
  • Gross Scheduled Income: 74400.00
  • Insurance Expense: 1731.00
  • Lot Size Area: 18069.0000 Square Feet
  • Net Operating Income: 53969.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Number With Carpet: 5
  • Number With Disposal: 5
  • Number With Drapes: 5
  • Operating Expense: 14731.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Area: 7273
  • Tax Block: C
  • Tax Lot: 8
  • Tax Tract Number: 11345

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

Listed on
Sep 15, 2011
Closed on
Mar 9, 2012
Sold by
Bought by
Seller's Agent
Gregory Lucido
Eastside Realty Services Inc.
Buyer's Agent
Santos Hernandez
Centerpointe Real Estate
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Outstanding Balance
$233,021
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 2007
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 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
$254,600
Interest Rate
7.09%
Mortgage Type
Seller Take Back
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
$550,000 Lawyers Title
-- None Available
$268,000 --
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 $351,500
Previous Owner $17,000
Previous Owner $254,600
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
03/16/2012 03/16/12 Sold $550,000 -4.3% $129 / Sq Ft
10/03/2011 10/03/11 Pending -- -- --
09/15/2011 09/15/11 For Sale $575,000 -- $134 / 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 $11,353 $721,184 $376,811 $344,373
2024 $10,798 $707,044 $369,423 $337,621
2023 $10,619 $693,181 $362,180 $331,001
2022 $10,365 $679,590 $355,079 $324,511
2021 $10,135 $666,266 $348,117 $318,149
2020 $9,937 $659,435 $344,548 $314,887
2019 $10,354 $646,506 $337,793 $308,713
2018 $9,478 $633,830 $331,170 $302,660
2016 $8,523 $609,219 $318,311 $290,908
2015 $8,081 $574,805 $313,530 $261,275
2014 $7,998 $563,546 $307,389 $256,157
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P796655

California Regional Multiple Listing Service (CRMLS)
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