NOT LISTED FOR SALE
10 Beds
6 Baths
3,894 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: April 12, 2019

Last sale price $1,095,000 $281 Per Sq Ft

32 Days on Market

Highlights

  • No HOA
  • Carpet
  • Wall Furnace
  • Laundry Facilities

About This Home

As of April 2019

Recently upgraded 4plex. (2) 3bd 2ba units & (2) 2bd 1ba units with 5 garages and storage space. Onsite laundry room bringing in additional income. Both downstairs units have private patios, and the upstairs 3bd unit has a private balcony. Close to the 91 and 57 freeways, shopping centers, & public
transportation. Neighboring 4plex (801) also being sold along with 904 Balsam, 909 & 913 Balsam.

Last Agent to Sell the Property

Matthew Smith

Lido Real Estate & Investments License #01982303 Listed on: 01/24/2019

Co-Listed By

Michael Mattson

Lido Real Estate & Investments License #00702177

Last Buyer's Agent

Juan Rivera

Realty Executives All Cities License #01299236

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 10,890 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 3,894 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 12
  • Tax Tract Number 5703
  • Assessor Parcel Number 26701111

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,038
  • Gardener Expense $960
  • Insurance Expense $817
  • Pest Control $281
  • Professional Management Expense $2,694
  • Water Sewer Expense $2,851
  • New Taxes Expense $2,916
  • Operating Expense $15,068
  • Gross Income $66,108
  • Net Operating Income $51,132

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0.25 Acres

Parking

4

Listing Details

  • Professional Management Expense: 2694.00
  • Property Attached: No
  • Water Sewer Expenses: 2851.00
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 26701111
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 281.20

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Pest Control Expense: 281.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1038.00
  • Gross Income: 66108.00
  • Gross Multiplier: 17.10
  • Gross Scheduled Income: 69300.00
  • Insurance Expense: 817.00
  • Lot Size Area: 10890.0000 Square Feet
  • Net Operating Income: 51132.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 15068.00
  • Rent Control: No
  • Total Actual Rent: 5775.00
  • Total Expenses: 15068.00

Tax Info

  • New Taxes Expense: 2916.00
  • Tax Census Tract: 865.02
  • Tax Lot: 12
  • Tax Tract Number: 5703

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2020
Sold by
Bought by

Purchase Details

Listed on
Jan 24, 2019
Closed on
Mar 1, 2019
Sold by
Bought by
Seller's Agent
Matthew Smith
Lido Real Estate & Investments
Buyer's Agent
Juan Rivera
Realty Executives All Cities
List Price
$1,185,000
Sold Price
$1,095,000
Premium/Discount to List
-$90,000
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2004
Sold by
Bought by

Purchase Details

Closed on
Sep 11, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
8.7%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
-- None Available
$1,095,000 Ticor Title
-- --
$333,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $622,000
Previous Owner $725,000
Previous Owner $725,000
Previous Owner $493,500
Previous Owner $266,400
Source: Public Records

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
04/12/2019 04/12/19 Sold $1,095,000 -7.6% $281 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $1,185,000 -- $304 / 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 $14,989 $1,245,920 $1,055,919 $190,001
2025 $14,235 $1,221,491 $1,035,215 $186,276
2024 $14,235 $1,197,541 $1,014,917 $182,624
2023 $13,935 $1,174,060 $995,016 $179,044
2022 $13,759 $1,151,040 $975,506 $175,534
2021 $13,783 $1,128,471 $956,378 $172,093
2020 $13,726 $1,116,900 $946,571 $170,329
2019 $5,949 $440,992 $274,002 $166,990
2018 $5,832 $432,346 $268,630 $163,716
2017 $5,618 $423,869 $263,363 $160,506
2016 $5,597 $415,558 $258,199 $157,359
2015 $5,544 $409,316 $254,320 $154,996
2014 $5,226 $401,299 $249,339 $151,960
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19019030

California Regional Multiple Listing Service (CRMLS)

APN: 267-011-11

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