NOT LISTED FOR SALE

Estimated Value: $1,682,000 - $1,876,914

7 Beds
6 Baths
4,132 Sq Ft
$423/Sq Ft Est. Value

Sale Details

Date Sold: January 25, 2019

Last sale price $1,300,000 $315 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $11,215 / mo

26 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Primary Bedroom
  • Wood Fence
  • Woodrow Wilson High School Rated A
  • Double Door Entry
  • 4-minute walk to Rose Park

About This Home

As of January 2019

Well maintained Statewide 4-plex located in the heart of Rose Park - this property hasn't been on the market in over 40 years. This wonderful property offers over 4,000 sq. ft. of building space with a 3 bedroom, 2 bathroom front home with a true master bedroom, wood burning fireplace, in-unit laundry, private patio, a garage and an extra parking space. In addition, there are three 2-bedroom, 1.5 bathroom units each with its own garage. All the units have large living spaces with the dining areas and living rooms open to each other. Three of the four units have open kitchens thereby giving a great room effect. The bedrooms are also spacious with ample-sized closets. The two bedroom units are laid out such that a half bathroom is connected to one of the bedrooms making for a master bedroom feel. The three back units share an on-site coin-operated laundry. A long driveway completes the property. Each unit is separately metered for electricity (it is an all electric building) and the owner pays the water. Check out the video to see more.

Last Agent to Sell the Property

Kendra Miller

Keller Williams Coastal Prop. License #01396646 Listed on: 11/14/2018

Keller Williams Coastal Prop.

Last Buyer's Agent

Roger Arthur

Keller Williams Realty License #01489317

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 6,503 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence

Parking

  • 4 Car Garage
  • Parking Available
  • Front Facing Garage
  • Parking Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,132 Sq Ft Home
  • Double Door Entry
  • Living Room with Fireplace
  • Laundry in Garage

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 6 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Additional Features

  • Exterior Lighting
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 22
  • Tax Tract Number 5769
  • Assessor Parcel Number 7258021023

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Gardener Expense $540
  • Insurance Expense $3,000
  • Pest Control $564
  • Professional Management Expense $3,000
  • Water Sewer Expense $3,000
  • New Taxes Expense $16,250
  • Operating Expense $14,204
  • Gross Income $45,996
  • Net Operating Income $45,796

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

6,503 Sq Ft Lot

Parking

4

Listing Details

  • Professional Management Expense: 3000.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Rose Park
  • Water Sewer Expenses: 3000.00
  • Zoning: LBR2N
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 540.00
  • Parcel Number: 7258021023
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Door Features: Double Door Entry
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 314.62
  • Room Type: Living Room, Main Floor Master Bedroom

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: In Closet, In Garage
  • Pest Control Expense: 564.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 6503.00
  • Lot Size Acres: 0.1493

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 45996.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 3000.00
  • Laundry Income: 200.00
  • Lot Size Area: 6503.0000 Square Feet
  • Net Operating Income: 45796.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 14204.00
  • Rent Control: No
  • Total Actual Rent: 5000.00
  • Total Expenses: 14204.00

Tax Info

  • New Taxes Expense: 16250.00
  • Tax Census Tract: 5769.04
  • Tax Lot: 22
  • Tax Tract Number: 5769

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
Nov 14, 2018
Closed on
Dec 14, 2018
Sold by
Bought by
Seller's Agent
Kendra Miller
Keller Williams Coastal Prop.
Buyer's Agent
Roger Arthur
Keller Williams Realty
List Price
$1,300,000
Sold Price
$1,300,000
Current Estimated Value
$1,746,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,979
Avg. Annual Appreciation
4.01%
Original Mortgage
$800,000
Outstanding Balance
$701,958
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,045,021

Purchase Details

Closed on
Aug 22, 2013
Sold by
Bought by

Purchase Details

Closed on
Jan 14, 1999
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
$1,300,000 Old Republic Title Company
-- None Available
-- --
-- --
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 $800,000
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
01/25/2019 01/25/19 Sold $1,300,000 0.0% $315 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $1,300,000 -- $315 / 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 $19,470 $1,450,169 $892,413 $557,756
2024 $18,620 $1,421,735 $874,915 $546,820
2023 $18,309 $1,393,859 $857,760 $536,099
2022 $17,189 $1,366,530 $840,942 $525,588
2021 $16,844 $1,339,736 $824,453 $515,283
2019 $2,882 $165,882 $28,321 $137,561
2018 $2,691 $162,630 $27,766 $134,864
2016 $2,458 $156,317 $26,689 $129,628
2015 $2,376 $153,970 $26,289 $127,681
2014 $2,384 $150,955 $25,775 $125,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18273341

California Regional Multiple Listing Service (CRMLS)

APN: 7258-021-023

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