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

Sale Details

Date Sold: April 7, 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
  • Tile Flooring

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

Coldwell Banker Icon License #00822667

Last Buyer's Agent

Carina Pang

High Ten Partners, Inc. License #01020795

High Ten Partners, Inc.
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 17,419 Sq Ft 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
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

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

Amenities

  • Laundry Facilities

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

0.4 Acres

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

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
Nov 8, 2017
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
$200,000
Outstanding Balance
$163,849
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 26, 2017
Closed on
Apr 7, 2017
Sold by
Bought by
Seller's Agent
Barbara Aitken
CENTURY 21 MASTERS
Buyer's Agent
Carina Pang
High Ten Partners, Inc.
List Price
$1,175,000
Sold Price
$1,160,000
Premium/Discount to List
-$15,000
-1.28%

Purchase Details

Listed on
Feb 26, 2017
Closed on
Mar 10, 2017
Sold by
Bought by
Seller's Agent
Barbara Aitken
CENTURY 21 MASTERS
Buyer's Agent
Carina Pang
High Ten Partners, Inc.
List Price
$1,175,000
Sold Price
$1,160,000
Premium/Discount to List
-$15,000
-1.28%

Purchase Details

Closed on
Apr 5, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 2002
Sold by
Bought by

Purchase Details

Closed on
Aug 10, 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
$178,750
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 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
$178,750
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 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
$178,750
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 1993
Sold by
Bought by
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
-- Accommodation
-- Chicago Title Co
$1,160,000 Chicago Title Co
-- Accommodation
$585,000 Chicago Title Insurance Co
-- Old Republic Title Company
-- Old Republic Title Company
$275,000 Old Republic Title Company
-- --
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
Open $200,000
Previous Owner $178,750
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
04/07/2017 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

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 $19,464 $1,346,277 $580,292 $765,985
2024 $17,980 $1,319,880 $568,914 $750,966
2023 $17,638 $1,294,001 $557,759 $736,242
2022 $17,370 $1,268,629 $546,823 $721,806
2021 $16,982 $1,243,754 $536,101 $707,653
2019 $17,332 $1,206,864 $520,200 $686,664
2018 $15,910 $1,183,200 $510,000 $673,200
2017 $10,438 $730,029 $480,448 $249,581
2016 $9,980 $715,716 $471,028 $244,688
2015 $9,898 $704,966 $463,953 $241,013
2014 $9,869 $691,157 $454,865 $236,292
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)
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