NOT LISTED FOR SALE
10 Beds
8 Baths
4,204 Sq Ft
0.25 Acres Lot

Sale Details

Date Sold: January 24, 2014

Last sale price $350,000 $83 Per Sq Ft

32 Days on Market

About This Home

As of January 2014

Very well taken care of 4 unit income property. Gross Monthly Income of $3,120.
Units have never had trouble attracting tenants. All 4 units are rented. Great investment opportunity!

Last Agent to Sell the Property

Jacob Morgner

Tinetti Realty Group License #01882378 Listed on: 09/26/2013

Last Buyer's Agent

Garry Hamud

Modern Age Realty Group License #00829885

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 11,009 Sq Ft Lot
  • No Common Walls
  • Level Lot

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • 4,204 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Assessor Parcel Number 004120026

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $480
  • Insurance Expense $1,800
  • Other Expense $3,900
  • Professional Management Expense $1,440
  • Supplies Expense $700
  • Trash Expense $2,000
  • Water Sewer Expense $1,406
  • New Taxes Expense $3,500
  • Gross Income $3,120
  • Net Operating Income $18,022

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0.25 Acres

HOA Fees

$325 per month

Parking

4

Listing Details

  • CapRate: 5.10
  • Professional Management Expense: 1440.00
  • Property Attached: No
  • Supplies Expense: 700.00
  • Water Sewer Expenses: 1406.00
  • Property Type: Residential Income
  • Parcel Number: 004120026
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 83.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 2000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Community Features: Curbs, Gutters

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 11009.00
  • Lot Size Acres: 0.2530

Multi Family

  • Electric Expense: 480.00
  • Gross Income: 3120.00
  • Gross Scheduled Income: 37440.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 11009.0000 Square Feet
  • Net Operating Income: 18022.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 18565.00
  • Other Expense: 3900.00
  • Other Expense Description: HOA
  • Rent Control: No
  • Total Actual Rent: 3120.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 3500.00
  • Tax Year: 2012
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
01/24/2014 01/24/14 Sold $350,000 0.0% $83 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
09/26/2013 09/26/13 For Sale $350,000 -- $83 / 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
2025 $4,945 $429,042 $122,581 $306,461
2023 $4,945 $412,383 $117,822 $294,561
2022 $4,619 $404,298 $115,512 $288,786
2021 $4,532 $396,372 $113,248 $283,124
2020 $4,616 $392,308 $112,087 $280,221
2019 $4,581 $384,617 $109,890 $274,727
2018 $4,223 $377,077 $107,736 $269,341
2017 $4,173 $369,684 $105,624 $264,060
2016 $4,068 $362,436 $103,553 $258,883
2015 $4,055 $356,993 $101,998 $254,995
2014 $3,372 $311,669 $70,564 $241,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC13196216

California Regional Multiple Listing Service (CRMLS)

APN: 004-120-026

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