NOT LISTED FOR SALE
6 Beds
8 Baths
3,668 Sq Ft
7,000 Sq Ft Lot

Last Sold July 15, 2013

Last sale price $550,000 $150 Per Sq Ft

60 Days on Market

Highlights

  • Spanish Architecture
  • Carpet
  • 1-Story Property
  • No HOA
  • Wall Furnace
  • 4-minute walk to Vermont Miracle Park

About This Home

As of July 2013

8-unit property, perfect for your investor. Excellent mix. 6 units are 1bed/1bath. and 2 singles. Separate meters. Completely gated. 7,013 sq/ft lot, centrally located on Hoover Ave.
Units are fully rented. Five detached garages are sitting at back of the property. All bedrooms, units and square footage are completely legal. This one won't last.

Last Agent to Sell the Property

Isabel Montoya

First Family Homes License #01276791 Listed on: 03/15/2013

Last Buyer's Agent

Blake Wilson-Hayden

Blake Wilson-Hayden License #01867048

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 7,000 Sq Ft Lot
  • Two or More Common Walls
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Spanish Architecture
  • Property Attached
  • Shingle Roof

Interior Spaces

  • 3,668 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 8 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 92
  • Tax Tract Number 2383
  • Assessor Parcel Number 6032003005

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 8 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $360
  • Insurance Expense $1,650
  • Maintenance Expense $3,820
  • Pest Control $550
  • Water Sewer Expense $2,400
  • New Taxes Expense $7,250
  • Gross Income $69,600
  • Net Operating Income $50,460

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 72500
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 6032003005
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 149.95
  • Room Type: All Bedrooms Down

Exterior Features

  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Pest Control Expense: 550.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1610

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 458
  • Average Studio Area: 458
  • Gross Income: 69600.00
  • Gross Scheduled Income: 69600.00
  • Insurance Expense: 1650.00
  • Lot Size Area: 7000.0000 Square Feet
  • Maintenance Expense: 3820.00
  • Net Operating Income: 50460.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 16740.00
  • Rent Control: Yes
  • Total Actual Rent: 69600.00

Tax Info

  • New Taxes Expense: 7250.00
  • Tax Lot: 92
  • Tax Tract Number: 2383
  • Tax Year: 2011

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/15/2013 07/15/13 Sold $550,000 -5.2% $150 / Sq Ft
05/14/2013 05/14/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $580,000 -- $158 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13045165

California Regional Multiple Listing Service (CRMLS)