NOT LISTED FOR SALE

Estimated Value: $862,000 - $1,113,000

12 Beds
6 Baths
4,768 Sq Ft
$201/Sq Ft Est. Value

Last Sold November 05, 2012

Last sale price $750,000 $157 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,545/month

16 Days on Market

About This Home

As of November 2012

Great investment with fantastic cash flow. There are 2 separate one story buildings with 3 units each, being sold together each on seperate parcel. Each unit has their own laundry hookup and enclosed patio area. Plenty of parking with 6 garages and 4 parking spots.

Last Agent to Sell the Property

The Mark and Al Team

CENTURY 21 MASTERS License #00914322 Listed on: 10/02/2012

CENTURY 21 MASTERS

Last Buyer's Agent

Amanda Ting

KO TAI REALTY License #01311557

KO TAI REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.3 Acre Lot

Parking

  • 6 Car Garage

Home Design

  • 4,768 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 8333003011

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,644
  • Maintenance Expense $6,000
  • Trash Expense $1,104
  • Water Sewer Expense $2,182
  • New Taxes Expense $8,700
  • Gross Income $6,435
  • Net Operating Income $52,313

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

6

Listing Details

  • CapRate: 7.40
  • Water Sewer Expenses: 2182.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8333003011
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 157.30

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 10.00

Utilities

  • Trash Expense: 1104.00

Lot Info

  • Lot Size Sq Ft: 12842.00
  • Lot Size Acres: 0.2950

Multi Family

  • Gross Income: 6435.00
  • Gross Multiplier: 9.71
  • Gross Scheduled Income: 77220.00
  • Insurance Expense: 1644.00
  • Lot Size Area: 12842.0000 Square Feet
  • Maintenance Expense: 6000.00
  • Net Operating Income: 52313.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 2075.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8700.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2012
Closed on
Oct 29, 2012
Sold by
Marten Kirk F and Kirk F Marten Trust
Bought by
Chieh Chuang Yin and Yu Chang Tsai
Seller's Agent
The Mark and Al Team
CENTURY 21 MASTERS
Buyer's Agent
Amanda Ting
KO TAI REALTY
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$960,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,667
Avg. Annual Appreciation
1.90%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Chieh Chuang Yin $750,000 Chicago Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2012 11/05/12 Sold $750,000 0.0% $157 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
10/02/2012 10/02/12 For Sale $750,000 -- $157 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $6,143 $461,775 $215,493 $246,282
2024 $6,143 $452,721 $211,268 $241,453
2023 $6,023 $443,845 $207,126 $236,719
2022 $5,926 $435,143 $203,065 $232,078
2021 $5,784 $426,612 $199,084 $227,528
2019 $5,902 $414,540 $193,180 $221,360
2018 $5,435 $406,424 $189,393 $217,031
2016 $5,097 $390,087 $182,040 $208,047
2015 $5,055 $384,228 $179,306 $204,922
2014 $5,031 $376,702 $175,794 $200,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12122647

California Regional Multiple Listing Service (CRMLS)

APN: 8333-003-011