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

Sale Details

Date Sold: December 17, 2021

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

6 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 4 Car Garage
  • 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

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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

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

6,488 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • 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 Rate: 3.00

Tax Info

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
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

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
2026 $34,040 $2,570,775 $865,945 $1,704,830
2025 $34,040 $2,520,368 $848,966 $1,671,402
2024 $32,548 $2,470,950 $832,320 $1,638,630
2023 $31,992 $2,422,500 $816,000 $1,606,500
2022 $30,029 $2,375,000 $800,000 $1,575,000
2021 $8,433 $584,665 $112,816 $471,849
2019 $8,312 $567,325 $109,471 $457,854
2018 $8,036 $556,202 $107,325 $448,877
2016 $7,367 $534,606 $103,158 $431,448
2015 $7,096 $526,577 $101,609 $424,968
2014 $7,087 $516,263 $99,619 $416,644
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21235413

California Regional Multiple Listing Service (CRMLS)
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