NOT LISTED FOR SALE
8 Beds
-- Bath
2,728 Sq Ft
4,792 Sq Ft Lot

Last Sold November 28, 2012

Last sale price $640,000 $235 Per Sq Ft

23 Days on Market

Highlights

  • Wood Flooring
  • Laundry Facilities
  • Level Lot

About This Home

As of November 2012

GREAT OPPORTUNITY TO OWN REMODELED 4-PLEX*HARDWOOD FLOORS, TILE, KITCHENS, BATHS UPDATED* BACKYARD*PROPERTY WILL NOT LAST*SELLER MAY 1031 EXCHANGE*EASY TO RENT AREA*PROPERTY HAS BEEN PROFESSIONALLY MANAGED*DO NOT DISTURB TENANTS*WRITE OFFER SUBJECT TO*DOUBLE PANE WINDOWS*THANK YOU*

Last Agent to Sell the Property

Tom Antonopoulos

Real Property Investments License #00492309 Listed on: 10/08/2012

Last Buyer's Agent

Emily Lim

RE/MAX Gold Redwood Shores. License #00788579

RE/MAX Gold Redwood Shores.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • Level Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,728 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Flooring

  • Wood
  • Tile

Parking

  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $51,600
  • The owner pays for garbage, water
  • Month-to-Month Lease Term

Community Details

Building Details

  • Insurance Expense $1,600
  • Maintenance Expense $1,000
  • Manager Expense $3,800
  • Trash Expense $950
  • Operating Expense $18,720
  • Gross Income $52,200

Additional Features

  • 2,728 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 50
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 234.60
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2728
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Oven Range, Varies By Unit, Refrigerator
  • Living Sq Ft: 2728
  • Stories: 2
  • Laundry: Washer/Dryer - Leased Coin-Op, Community Facility
  • Flooring: Tile, Hardwood

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Uncovered Parking, Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: East Side Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5000.00
  • Lot Size Area Min Search: 5000.00
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 12.16

Multi Family

  • Expense Insurance: 1600
  • Expense Maintenance: 1000
  • Expense Management: 3800
  • Expenses Total: 18720
  • Expense Trash: 950
  • Expense Water Sewer: 1800
  • Income Annual Gross: 52200.00
  • Income Annual Rental: 51600
  • Income Gross Scheduled: 52200
  • Income Includes: Laundry, Lease
  • Income Laundry: 600
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Electric

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 Change Sq Ft Price
11/28/2012 11/28/12 Sold $640,000 +0.8% $235 / Sq Ft
10/31/2012 10/31/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $635,000 -- $233 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81236949

MLSListings

APN: 472-32-005