NOT LISTED FOR SALE
8 Beds
7 Baths
5,316 Sq Ft
7,500 Sq Ft Lot

Sale Details

Date Sold: August 6, 2013

Last sale price $950,000 $179 Per Sq Ft

27 Days on Market

Highlights

  • Laundry Facilities
  • East Facing Home
  • Gas Fireplace

About This Home

As of August 2013

Check out this 7 Unit apartment building(5316 sq ft) consisting of 1 x 2 bd 1 ba and 6 x 1 bd 1 ba sitting on a 7,497 sq ft lot. Well maintained property with upgrades in each unit(Fire place in every unit, Tiled floors, etc). Laundry room on site. FULLY OCCUPIED and ready for the new owner to collect. $6,500 gross rental income per month. PLEASE DO NOT DISTURB TENANTS. Drive by only. Inspection upon accepted offer - No exceptions.

Last Agent to Sell the Property

Chris Comfort

Apex Properties License #01407997 Listed on: 05/24/2013

Last Buyer's Agent

Livena Eliszewski

No Firm Affiliation License #00931706

No Firm Affiliation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 7,500 Sq Ft Lot
  • Two or More Common Walls
  • East Facing Home
  • Density is 31-35 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 5,316 Sq Ft Home
  • Gas Fireplace

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Parking

  • 8 Parking Spaces
  • 3 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 2112008011

Community Details

Overview

  • 7 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • Electric Expense $2,500
  • Gardener Expense $1,200
  • Insurance Expense $1,600
  • Trash Expense $900
  • Water Sewer Expense $2,000
  • New Taxes Expense $11,875
  • Gross Income $6,500
  • Net Operating Income $56,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

7,500 Sq Ft Lot

Listing Details

  • CapRate: 5.80
  • Property Attached: Yes
  • Water Sewer Expenses: 2000.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2112008011
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Gas
  • Levels: Two
  • Price Per Square Foot: 178.71

Exterior Features

  • Direction Faces: East
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Common Area
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains, Suburban, Valley

Lot Info

  • Lot Features: 31-35 Units/Acre
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1720

Multi Family

  • Electric Expense: 2500.00
  • Gross Income: 6500.00
  • Gross Multiplier: 12.17
  • Gross Scheduled Income: 78000.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 56000.00
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 22000.00
  • Rent Control: No
  • Total Actual Rent: 6500.00

Tax Info

  • New Taxes Expense: 11875.00
  • Tax Lot: 24
  • Tax Year: 2013

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
Nov 7, 2013
Sold by
Bought by

Purchase Details

Listed on
May 24, 2013
Closed on
Jul 30, 2013
Sold by
Bought by
Seller's Agent
Chris Comfort
Apex Properties
Buyer's Agent
Livena Eliszewski
No Firm Affiliation
List Price
$950,000
Sold Price
$950,000
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Available
$950,009 North American Title Company
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 $780,000
Closed $888,000
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
08/06/2013 08/06/13 Sold $950,000 0.0% $179 / Sq Ft
06/20/2013 06/20/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $950,000 -- $179 / 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 $15,041 $1,164,559 $429,047 $735,512
2024 $14,822 $1,141,726 $420,635 $721,091
2023 $14,550 $1,119,340 $412,388 $706,952
2022 $13,905 $1,097,393 $404,302 $693,091
2021 $13,718 $1,075,876 $396,375 $679,501
2019 $13,327 $1,043,967 $384,619 $659,348
2018 $13,191 $1,023,498 $377,078 $646,420
2016 $12,545 $983,757 $362,437 $621,320
2015 $12,371 $968,981 $356,993 $611,988
2014 $12,450 $950,000 $350,000 $600,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13099621

California Regional Multiple Listing Service (CRMLS)
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