NOT LISTED FOR SALE
2 Beds
1 Bath
6,994 Sq Ft
0.4 Acres

Last Sold May 04, 2023

Last sale price $2,000,000 $286 Per Sq Ft

Highlights

  • 0.4 Acre Lot
  • Lawn
  • Level Lot
  • Western High School Rated A-
  • Laundry Room

About This Home

As of May 2023

8 units

Last Agent to Sell the Property

Felipe Acuna

CENTURY 21 REALTY MASTERS License #01066186 Listed on: 03/19/2023

CENTURY 21 REALTY MASTERS

Co-Listed By

Paola Perez

Century 21 Realty Masters License #01769174

Last Buyer's Agent

Felipe Acuna

CENTURY 21 REALTY MASTERS License #01066186 Listed on: 03/19/2023

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.4 Acre Lot
  • No Common Walls
  • Level Lot
  • Lawn

Interior Spaces

  • 6,994 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 868
  • Assessor Parcel Number 07923223
  • $2,689 per year additional tax assessments

Community Details

Overview

  • 8 Units
  • Stanton Square Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,600
  • Fuel Expense $2,800
  • Insurance Expense $8,000
  • Trash Expense $700
  • Water Sewer Expense $2,400
  • Operating Expense $40,000
  • Gross Income $120,000
  • Net Operating Income $80,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • CapRate: 3.00
  • Price Per Unit: 274875
  • Property Attached: No
  • Subdivision Name Other: Stanton Square (STNS)
  • Water Sewer Expenses: 2400.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 07923223
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 285.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 700.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Level with Street
  • Lot Size Sq Ft: 17424.00
  • Lot Size Acres: 0.4000

Multi Family

  • Average2 Bed Area: 850 Square Feet
  • Electric Expense: 1600.00
  • Fuel Expense: 2800.00
  • Gross Income: 120000.00
  • Gross Multiplier: 18.00
  • Gross Scheduled Income: 120000.00
  • Insurance Expense: 8000.00
  • Lot Size Area: 17424.0000 Square Feet
  • Net Operating Income: 80000.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 40000.00
  • Rent Control: Yes
  • Total Expenses: 40000.00

Tax Info

  • Tax Census Tract: 878.02
  • Tax Lot: 42
  • Tax Tract Number: 868
  • TaxOtherAnnualAssessmentAmount: 2689.00

Range of Values:

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Sold Price
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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
05/04/2023 05/04/23 Sold $2,000,000 -9.0% $286 / Sq Ft
03/19/2023 03/19/23 Pending -- -- --
03/19/2023 03/19/23 For Sale $2,199,000 -- $314 / 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: MB23045469

California Regional Multiple Listing Service (CRMLS)