NOT LISTED FOR SALE
11 Beds
9 Baths
7,110 Sq Ft
6,488 Sq Ft Lot

Last Sold December 17, 2021

Last sale price $2,375,000 $334 Per Sq Ft

6 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room
  • Woodrow Wilson High School Rated A
  • Neighborhood Views
  • 4-minute walk to Rose Park

About This Home

As of December 2021

This is an eight unit apartment building, which was built in 1961. There are 5-1bdrms 3-2bdrms with 4 single car garages. The units are all in original condition. This property is owned by a long term owner.

Last Agent to Sell the Property

Kristie Pabst

Pabst, Kinney & Associates License #00804122 Listed on: 10/26/2021

Last Buyer's Agent

Spencer Pabst

Pabst, Kinney & Associates License #01849377

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,488 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Property Attached
  • Stucco

Interior Spaces

  • 7,110 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 9 Bathrooms

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection
  • Tax Lot 37
  • Assessor Parcel Number 7258022001
  • $1,462 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Eastside Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $485
  • Gardener Expense $785
  • Insurance Expense $2,400
  • Maintenance Expense $6,300
  • Pest Control $950
  • Professional Management Expense $6,995
  • Water Sewer Expense $3,825
  • New Taxes Expense $26,720
  • Operating Expense $49,100
  • Gross Income $3,425
  • Net Operating Income $71,316

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Price Per Unit: 296875
  • Professional Management Expense: 6995.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Eastside (ES)
  • View: Yes
  • Water Sewer Expenses: 3825.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Gardener Expense: 785.00
  • Parcel Number: 7258022001
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Levels: Two
  • Price Per Square Foot: 334.04

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Pest Control Expense: 950.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6488.00
  • Lot Size Acres: 0.1489

Rental Info

  • Garage Rental Rate: 1800.00
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection

Multi Family

  • Electric Expense: 485.00
  • Gross Income: 3425.00
  • Gross Operating Income: 120416.00
  • Gross Scheduled Income: 124140.00
  • Insurance Expense: 2400.00
  • Laundry Income: 900.00
  • Lot Size Area: 6488.0000 Square Feet
  • Maintenance Expense: 6300.00
  • Net Operating Income: 71316.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 49100.00
  • Other Income1: 725.00
  • Other Income Description: storage
  • Rent Control: Yes
  • Total Actual Rent: 10345.00
  • Total Expenses: 49100.00
  • Vacancy Allowance: 3724
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 26720.00
  • Tax Census Tract: 5769.04
  • Tax Lot: 37
  • TaxOtherAnnualAssessmentAmount: 1462.00

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
12/17/2021 12/17/21 Sold $2,375,000 0.0% $334 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $2,375,000 -- $334 / 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: PW21235413

California Regional Multiple Listing Service (CRMLS)