NOT LISTED FOR SALE
-- Bed
-- Bath
1,150 Sq Ft
8,276 Sq Ft Lot

Last Sold September 25, 2013

Last sale price $580,000 $504 Per Sq Ft

7 Days on Market

Highlights

  • Neighborhood Views
  • Floor Furnace
  • 1-Story Property
  • San Mateo High School Rated A+
  • Level Lot
  • 5-minute walk to Martin Luther King Community Park

About This Home

As of September 2013

Large lot 8350 sf. Best use R2 - currently old single family home. Offer subject to inspection as currently rented. Great Opportunity. House needs a lot of work although the roof is new. All cash.

Last Agent to Sell the Property

Angela White

Compass License #01023792 Listed on: 08/29/2013

Compass

Last Buyer's Agent

Trish Bugg

Compass License #01375517

Property Details

Home Type

  • Multi-Family

Year Built

  • 1907

Lot Details

  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Parking

  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Floor Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $18,000

Community Details

Overview

  • 1,150 Sq Ft Building

Building Details

  • Insurance Expense $1,000
  • Operating Expense $3,074
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Year Built

1907

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Multiple Dwellings / Structures
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 504.35
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1150
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1907

Interior Features

  • Living Sq Ft: 1150
  • Stories: 1
  • Laundry: Laundry - No

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Uncovered Parking

Utilities

  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8350.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8350.00
  • Lot Size Area Min Search: 8350.00
  • Maximum Lot Size: 8350.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 33.28

Multi Family

  • Expense Insurance: 1000
  • Expenses Total: 3074
  • Income Annual Gross: 18000.00
  • Income Annual Rental: 18000
  • Income Gross Scheduled: 18000
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Master Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Vacancy Factor
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Cable Tv, Services - Trash Removal

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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 List to Sale Price per Sq Ft
09/25/2013 09/25/13 Sold $580,000 -3.2% $504 / Sq Ft
09/05/2013 09/05/13 Pending -- -- --
08/29/2013 08/29/13 For Sale $599,000 -- $521 / 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: ML81331892

MLSListings