NOT LISTED FOR SALE
7 Beds
5 Baths
4,061 Sq Ft
0.25 Acres

Last Sold May 16, 2024

Last sale price $1,350,000 $332 Per Sq Ft

315 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Central Heating and Cooling System
  • Wood Flooring
  • Laundry Room
  • Rectangular Lot

About This Home

As of May 2024

Four large units with lots of upside potential. Front building is a 2 story bungalow style with two - 2 bedroom units. One has 2 baths. The other 1 bath. Rear building has two- 3 bedroom / 2 bath units with central air. Both rear units are owner occupied. 4 carports & 1 car garage detached. On two parcels of land. Offering 75 foot frontage. See plat map in supplements. Zoned RM12. Separate water heaters and gas /electric meters. Large basement used for storage. Some Copper plumbing. 2 units will be delivered vacant.

Last Agent to Sell the Property

Enrique Liza

COMPASS Brokerage Phone: 626-818-0980 License #00691382 Listed on: 04/19/2023

COMPASS

Last Buyer's Agent

Pui Ching Tsui

LeMark Realty License #01889817

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.25 Acre Lot
  • Two or More Common Walls
  • Rectangular Lot
  • 5725022013

Parking

  • 3 Open Parking Spaces
  • 5 Car Garage

Home Design

  • Contemporary Architecture
  • Bungalow
  • Quadruplex
  • Entry on the 1st floor
  • Flat Roof Shape
  • Stone Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,061 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 12
  • Tax Tract Number 4620
  • Assessor Parcel Number 5725022029

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,204
  • Trash Expense $2,100
  • Water Sewer Expense $2,820
  • New Taxes Expense $17,812
  • Operating Expense $24,936
  • Gross Income $19,200
  • Net Operating Income $6,312

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • CapRate: 0.44
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 2820.00
  • Zoning: RM-12
  • Architectural Style: Bungalow, Contemporary
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5725022029
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Vinyl, Wood
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 332.43

Exterior Features

  • Foundation: Slab, Stone
  • Pool Private: No
  • Roof: Composition, Flat, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 2100.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 5725022013
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 11043.00
  • Lot Size Acres: 0.2535

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 19200.00
  • Gross Multiplier: 74.22
  • Gross Operating Income: 18624.00
  • Gross Scheduled Income: 19200.00
  • Insurance Expense: 2204.00
  • Lot Size Area: 11043.0000 Square Feet
  • Net Operating Income: 6312.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 1
  • Operating Expense: 24936.00
  • Rent Control: Yes
  • Total Actual Rent: 1600.00
  • Total Expenses: 24936.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 17812.00
  • Tax Census Tract: 4620.01
  • Tax Lot: 12
  • Tax Tract Number: 4620
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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 List to Sale Price per Sq Ft
05/16/2024 05/16/24 Sold $1,350,000 -5.3% $332 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
10/16/2023 10/16/23 Price Changed $1,425,000 -1.7% $351 / Sq Ft
08/14/2023 08/14/23 Price Changed $1,450,000 -3.3% $357 / Sq Ft
04/19/2023 04/19/23 For Sale $1,500,000 -- $369 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,739 $1,326,000 $928,200 $397,800
2024 $5,739 $401,336 $199,366 $201,970
2023 $5,689 $393,467 $195,457 $198,010
2022 $5,514 $385,753 $191,625 $194,128
2021 $5,293 $378,190 $187,868 $190,322
2020 $5,119 $374,313 $185,942 $188,371
2019 $5,093 $366,975 $182,297 $184,678
2018 $5,044 $359,780 $178,723 $181,057
2016 $4,825 $345,811 $171,784 $174,027
2015 $4,767 $340,617 $169,204 $171,413
2014 $4,701 $333,946 $165,890 $168,056
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF23032938

California Regional Multiple Listing Service (CRMLS)