NOT LISTED FOR SALE
9 Beds
6 Baths
4,404 Sq Ft
7,372 Sq Ft Lot

Sale Details

Date Sold: April 10, 2013

Last sale price $1,150,000 $261 Per Sq Ft

10 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Sliding Doors
  • Marina High School Rated A
  • Tile Flooring
  • 1-minute walk to Sun View Park

About This Home

As of April 2013

4-plex south of Bella Terra Mall, close to 405 freeway, Golden West College. Unit #1 is a single level ground floor 3 bed 2 bath unit, Unit #2 is a single level ground floor 2 bed, 2 bath unit, Unit #3 is a two level 2 bed, 1.5 bath unit, Unit #4 is a single level upstairs 2 bed/, 1 bath unit. Units 1,2 and 3 have ground level enclosed patios, Unit 4 has an upstairs, gated, wooden entrance patio. Unit #1 has a fireplace. Units 1, 2 and 4 have one wall mounted AC unit, Unit #3 has two. Each unit has garage space for one car that is shared with another unit in a two car garage. Laundry contains one coin operated washer dryer set plus a separate, tenant owned, washer dryer set for each tenant of units 2, 3 and 4. Owner pays gas, hot and cold water and electricity in laundry.Well maintained street. Unit #1 needs updating throughout. Units 2, 3 and 4 are updated. Unit #2 floors are wood in LR, hall and beds, vinyl tile in DR and kitchen and ceramic tile in bathrooms.Unit #3 floors are wood in LR, DR and hall, ceramic tile in kitchen and half bath, carpet on stairs, beds and upstairs hall, vinyl tile in full bath. Unit #4 floors are wood in LR, DR and hall, carpet in beds, vinyl tile in kitchen and ceramic tile in bathroom.

Last Agent to Sell the Property

Marli McGraw

Seven Gables Real Estate License #01388623 Listed on: 03/07/2013

Seven Gables Real Estate

Last Buyer's Agent

Dan McGirr

CENTERPOINTE REALTY License #01227001

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 7,372 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Fence is in good condition

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Property Attached
  • Shake Roof

Interior Spaces

  • 4,404 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Dining Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 5
  • Tax Tract Number 6086
  • Assessor Parcel Number 14233127

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $480
  • Gardener Expense $420
  • Insurance Expense $1,400
  • Pest Control $720
  • Trash Expense $903
  • Water Sewer Expense $1,456
  • New Taxes Expense $13,125
  • Gross Income $5,000
  • Net Operating Income $41,256

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

7,372 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 3.92
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 1456.00
  • Property Type: Residential Income
  • Gardener Expense: 420.00
  • Parcel Number: 14233127
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Laminate Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Dining Room
  • Levels: Two
  • Price Per Square Foot: 261.13

Exterior Features

  • Exterior Features: Lighting
  • Fencing: Good Condition, Wood
  • Pool Private: No
  • Roof: Shake
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Gas Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Pest Control Expense: 720.00
  • Trash Expense: 903.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 7372.00
  • Lot Size Acres: 0.1690

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 480.00
  • Gross Income: 5000.00
  • Gross Multiplier: 17.50
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1400.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7372.0000 Square Feet
  • Net Operating Income: 41256.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Carpet: 3
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 18744.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 13125.00
  • Tax Area: 04010
  • Tax Lot: 5
  • Tax Tract Number: 6086
  • Tax Year: 2011

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
Sep 5, 2013
Sold by
Bought by

Purchase Details

Listed on
Mar 7, 2013
Closed on
Mar 26, 2013
Sold by
Bought by
Seller's Agent
Marli McGraw
Seven Gables Real Estate
Buyer's Agent
Dan McGirr
CENTERPOINTE REALTY
List Price
$1,050,000
Sold Price
$1,150,000
Premium/Discount to List
$100,000
9.52%

Purchase Details

Listed on
Mar 7, 2013
Closed on
Mar 19, 2013
Sold by
Bought by
Seller's Agent
Marli McGraw
Seven Gables Real Estate
Buyer's Agent
Dan McGirr
CENTERPOINTE REALTY
List Price
$1,050,000
Sold Price
$1,150,000
Premium/Discount to List
$100,000
9.52%

Purchase Details

Closed on
Jan 30, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 1994
Sold by
Bought by
Source: Public Records
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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
-- First American Title Company
$1,150,000 First American 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 $638,000
Closed $678,000
Closed $690,000
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
04/10/2013 04/10/13 Sold $1,150,000 +9.5% $261 / Sq Ft
03/17/2013 03/17/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $1,050,000 -- $238 / 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 $16,279 $1,416,136 $1,241,552 $174,584
2024 $16,279 $1,388,369 $1,217,208 $171,161
2023 $15,908 $1,361,147 $1,193,342 $167,805
2022 $15,672 $1,334,458 $1,169,943 $164,515
2021 $15,388 $1,308,293 $1,147,003 $161,290
2020 $15,216 $1,294,879 $1,135,242 $159,637
2019 $14,956 $1,269,490 $1,112,983 $156,507
2018 $14,623 $1,244,599 $1,091,160 $153,439
2017 $14,392 $1,220,196 $1,069,765 $150,431
2016 $13,807 $1,196,271 $1,048,789 $147,482
2015 $13,598 $1,178,302 $1,033,035 $145,267
2014 $13,332 $1,155,221 $1,012,799 $142,422
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13039577

California Regional Multiple Listing Service (CRMLS)

APN: 142-331-27

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