NOT LISTED FOR SALE
2 Beds
2 Baths
4,524 Sq Ft
0.4 Acres

Last Sold April 07, 2017

Last sale price $1,160,000 $256 Per Sq Ft

9 Days on Market

Highlights

  • 17,419 Sq Ft lot
  • Double Pane Windows
  • Living Room
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of April 2017

Wonderful SINGLE LEVEL Apartment Building with 8 units, each with a one car garage. EACH Unit has 1 bedroom and one bath, living room, dining area, kitchen, room for washer & dryer, front & rear door, window air. Units have UPGRADED electrical, Newer Dual Pane Windows, Tiled Floors, NEWER kitchen cabinets & bathroom sinks, facets. Well maintained with long term property manager. Walking distance to schools, shopping and churches. All on large lot (17,419sf) with wrap around concrete driveway. Property includes 2-four plex and 2-buildings with garages. In great condition. Rarely vacant.

Last Agent to Sell the Property

Barbara Aitken

CENTURY 21 MASTERS License #01016166 Listed on: 02/26/2017

CENTURY 21 MASTERS

Co-Listed By

Richard Bash

Cal American Homes License #00822667

Last Buyer's Agent

Carina Pang

High Ten Partners, Inc. License #01020795

High Ten Partners, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 0.4 Acre Lot
  • Two or More Common Walls
  • Wood Fence
  • Level Lot
  • Front Yard Sprinklers
  • Density is 6-10 Units/Acre

Parking

  • 8 Car Garage
  • Parking Available

Home Design

  • Apartment
  • Turnkey
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,524 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room
  • Tile Flooring
  • Formica Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 2
  • Assessor Parcel Number 8333004021

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 8 Units

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $2,400
  • Maintenance Expense $600
  • Pest Control $352
  • Professional Management Expense $6,000
  • Trash Expense $1,572
  • Water Sewer Expense $3,600
  • New Taxes Expense $14,687
  • Operating Expense $31,177
  • Gross Income $93,000
  • Net Operating Income $61,823

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

8

Listing Details

  • Assessments: No
  • Professional Management Expense: 6000.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • View: No
  • Water Sewer Expenses: 3600.00
  • Zoning: POR31000*
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 8333004021
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Interior Amenities: Formica Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 256.41
  • Room Type: Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Pest Control Expense: 352.00
  • Sewer: Public Sewer
  • Trash Expense: 1572.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Front Yard, Lot 10000-19999 Sqft, Level, Sprinklers In Front
  • Lot Size Sq Ft: 17419.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 93000.00
  • Gross Multiplier: 5.30
  • Gross Operating Income: 93000.00
  • Gross Scheduled Income: 93000.00
  • Insurance Expense: 2400.00
  • Maintenance Expense: 600.00
  • Net Operating Income: 61823.00
  • 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: 31177.00
  • Rent Control: No
  • Total Actual Rent: 7800.00
  • Total Expenses: 31177.00

Tax Info

  • New Taxes Expense: 14687.00
  • Tax Census Tract: 4028.04
  • Tax Lot: 2

Range of Values:

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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
04/07/2017 04/07/17 Sold $1,160,000 -1.3% $256 / Sq Ft
02/26/2017 02/26/17 For Sale $1,175,000 -- $260 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17039449

California Regional Multiple Listing Service (CRMLS)