NOT LISTED FOR SALE
6 Beds
3 Baths
2,200 Sq Ft
5,552 Sq Ft Lot

Last Sold February 10, 2012

Last sale price $400,000 $182 Per Sq Ft

28 Days on Market

Highlights

  • Double Pane Windows
  • Tile Flooring
  • No Heating
  • Bungalow

About This Home

As of February 2012

Investor's delight. This duplex has an upstairs unit and downstairs unit. The downstairs unit (#748) has 3 bedrooms and 1.5 bathrooms. The living room and kitchen have new ceramic tile and the bedrooms all have newer carpet and the laundry is inside. The kitchen has been updated and there are all double paned windows on the lower level. The upstairs unit (#746) has three bedrooms and 2 bathrooms, new carpet, ceramic floors and is super clean. Over $80,000 worth of renovation work has been done to both units within the last 18 months. There are also two detached 2-Car garages with rear alley access. These units are clean and ready for a first-time or experienced investor.

Last Agent to Sell the Property

Aaron Zapata

Real Broker License #01356534 Listed on: 11/14/2011

Last Buyer's Agent

Eddie Magana

Estate Properties License #01811686

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 5,552 Sq Ft Lot
  • Lot Dimensions are 48x114

Parking

  • 4 Car Garage
  • 1 Carport Space
  • Rear-Facing Garage

Home Design

  • Bungalow
  • Cosmetic Repairs Needed
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • Double Pane Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Block C
  • Tax Tract Number 247
  • Assessor Parcel Number 03515404

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $70
  • Insurance Expense $600
  • New Taxes Expense $4,967
  • Gross Income $2,550
  • Net Operating Income $28,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 7.15
  • Price Per Unit: 199950
  • View: No
  • Architectural Style: Bungalow
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 70.00
  • Parcel Number: 03515404
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 181.82
  • Window Features: Double Pane Windows

Exterior Features

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

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 4.00
  • Parking: No
  • Parking Features: Carport, Concrete, Garage Faces Rear
  • Total Parking Spaces: 8.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size: 48x114
  • Lot Size Sq Ft: 5552.00
  • Lot Size Acres: 0.1270

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Average3 Bed Area: 1100
  • Gross Income: 2550.00
  • Gross Multiplier: 13.07
  • Gross Scheduled Income: 30600.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5552.0000 Square Feet
  • Net Operating Income: 28600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2000.00

Tax Info

  • New Taxes Expense: 4967.00
  • Tax Area: 01001
  • Tax Block: C
  • Tax Lot: 0.
  • Tax Tract Number: 247

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
02/10/2012 02/10/12 Sold $400,000 0.0% $182 / Sq Ft
12/12/2011 12/12/11 Pending -- -- --
11/14/2011 11/14/11 For Sale $399,900 -- $182 / Sq Ft
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: P803341

California Regional Multiple Listing Service (CRMLS)

APN: 035-154-04