Y
Seller's Agent in 2016
Young Fisher
Coldwell Banker Best Realty
7420 Maple St West Minster, CA 92683
12
Beds
5
Baths
24,162
Sq Ft
2.05
Acres
Highlights
- No Units Above
- 2.05 Acre Lot
- Property is near park and public transit
- Helen Stacey Intermediate School Rated A-
- Contemporary Architecture
- No HOA
About This Home
As of January 2016Back on the market. One of a kind offering - 24 residential units. 6 4-plexes in good condition on an almost rectangular 89,298 sq ft, gated, cul-de-sac lot (2.05 acres) in a very desirable, high demand, well maintained rental area. Close to Sigler Park, public transportation, shopping & restaurants. Perfect opportunity to build condos/townhouses. This property is being sold strictly AS IS. Seller will do no work of any kind. No termite. All roofs replaced about 5 years ago. Buyer to make own investigations & satisfy him/herself as to condition. Rents are low with some units being under OC Housing Authority. OC Housing Authority Section 8 contracts are tenant based not project based. 40 carports, 3 converted to garages & ample guest parking. Composition: 12 3 bedrooms, 1.75 baths units; 12 2 bedrooms, 1.75 baths units. Seller is not doing an IRC 1031 Tax Deferred Exchange - going down & out. Will cooperate with buyer's 1031 exchange with no added costs to Seller.
Last Agent to Sell the Property
Young Fisher
Coldwell Banker Best Realty License #00776687 Listed on: 07/24/2015
Last Buyer's Agent
Young Fisher
Coldwell Banker Best Realty License #00776687 Listed on: 07/24/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1976
Lot Details
- 2.05 Acre Lot
- Lot Dimensions are 191' x 471'
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Cul-De-Sac
- Rectangular Lot
- Paved or Partially Paved Lot
- Level Lot
- Sprinkler System
- Density is 11-15 Units/Acre
Parking
- 3 Car Garage
- 37 Detached Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- Contemporary Architecture
- Property Attached
- Entry on the 1st floor
- Turnkey
- Slab Foundation
- Stucco
Interior Spaces
- 24,162 Sq Ft Home
- 1-Story Property
Kitchen
- Gas Oven
- Gas Cooktop
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- 220 Volts In Laundry
Outdoor Features
- Exterior Lighting
Location
- Property is near park and public transit
- Suburban Location
Utilities
- Wall Furnace
- Overhead Utilities
- Gas Water Heater
- Sewer Paid
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 37
- Tax Tract Number 846
- Assessor Parcel Number 09614124
Community Details
Overview
- No Home Owners Association
- 6 Buildings
- 24 Units
Amenities
- Laundry Facilities
Building Details
- 24 Separate Electric Meters
- 24 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,500
- Gardener Expense $4,800
- Insurance Expense $6,797
- Maintenance Expense $3,600
- Professional Management Expense $24,000
- Trash Expense $5,244
- Water Sewer Expense $7,200
- New Taxes Expense $72,895
- Gross Income $35,250
- Net Operating Income $296,424
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/28/2016 01/28/16 | Sold | $6,500,000 | -23.5% | $269 / Sq Ft |
| 11/12/2015 11/12/15 | Pending | -- | -- | -- |
| 07/24/2015 07/24/15 | For Sale | $8,500,000 | -- | $352 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| 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 | $92,786 | $7,694,682 | $5,682,230 | $2,012,452 |
| 2024 | $92,786 | $7,543,806 | $5,570,813 | $1,972,993 |
| 2023 | $89,641 | $7,395,889 | $5,461,582 | $1,934,307 |
| 2022 | $88,271 | $7,250,872 | $5,354,492 | $1,896,380 |
| 2021 | $86,165 | $7,108,699 | $5,249,502 | $1,859,197 |
| 2020 | $82,148 | $6,762,600 | $4,993,920 | $1,768,680 |
| 2019 | $81,240 | $6,630,000 | $4,896,000 | $1,734,000 |
| 2018 | $84,195 | $6,762,600 | $4,993,920 | $1,768,680 |
| 2017 | $81,018 | $6,630,000 | $4,896,000 | $1,734,000 |
| 2016 | $47,528 | $3,655,070 | $2,313,317 | $1,341,753 |
| 2015 | $46,734 | $3,600,168 | $2,278,569 | $1,321,599 |
| 2014 | $45,713 | $3,529,646 | $2,233,935 | $1,295,711 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15162806
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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