NOT LISTED FOR SALE
8 Beds
4 Baths
3,150 Sq Ft
7,841 Sq Ft Lot

Last Sold August 31, 2015

Last sale price $1,400,000 $444 Per Sq Ft

35 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • Tile Flooring
  • Westmont High School Rated A
  • Balcony
  • Coin Laundry

About This Home

As of August 2015

Prime Investment Property in great condition* Nice Campbell area*EZ commute, close to freeway / expressway / shops/schools /parks* Total rent $5,750 each mo.(below market)* Yearly rent income based on current rent*New roof installed 6-15* Carport / laundry freshly painted*Low water/maintenance landscaping in June* 3 units upgraded* Other 1 unit has some recent improvements* Double-pane windows in most units*Buyer to cooperate with seller's 1031-Exchange @ no cost / delay to buyer*.Do not disturb tenants*

Last Listed By

Julie Low

Corcoran Icon Properties License #01150149 Listed on: 07/09/2015

Corcoran Icon Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,841

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,150 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Parking

  • 6 Carport Spaces
  • On-Street Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Balcony
  • Grass Covered Lot

Listing and Financial Details

  • Total Actual Rent $69,000

Community Details

Overview

Amenities

  • Courtyard
  • Coin Laundry

Building Details

  • 4 Leased Units
  • Insurance Expense $1,751
  • Maintenance Expense $4,800
  • Other Expense $285
  • Utility Expense $2,888
  • Trash Expense $2,856
  • Operating Expense $21,692
  • Gross Income $69,267

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R2S
  • Subclass: Fourplex
  • Style: Contemporary
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3150
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Countertop - Formica, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3150
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Courtyard, Low Maintenance

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, On Street
  • Carport Min: 6

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8064.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8064.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.61
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1751
  • Expense Maintenance: 4800
  • Expenses Other: 285
  • Expenses Total: 21692
  • Expenses Utility: 2888
  • Expense Trash: 2856
  • Income Annual Gross: 69267.00
  • Income Annual Rental: 69000
  • Income Gross Scheduled: 69267
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 267
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Laundry, Maintenance - Repair, Miscellaneous/Other, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

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
08/31/2015 08/31/15 Sold $1,400,000 +8.6% $444 / Sq Ft
08/13/2015 08/13/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $1,288,888 -- $409 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81484134

MLSListings

APN: 404-31-006