NOT LISTED FOR SALE
6 Beds
4 Baths
2,968 Sq Ft
6,000 Sq Ft Lot

Sale Details

Date Sold: February 13, 2019

Last sale price $650,000 $219 Per Sq Ft

35 Days on Market

Highlights

  • Property is near park
  • No HOA
  • Laundry Room
  • Corner Lot

About This Home

As of February 2019

Great investment opportunity! Three 2 bedroom units located across the street from Pioneer Park and just around the corner from the Paso Robles Event Center. The front unit features 2 bedrooms 1 bath, fenced front yard and 2 side yards with plenty of room for gardening. The back unit was built in 1982 and features 2 units, Unit C is a 2 story unit featuring 2 bedrooms, 1.5 baths a private patio and deck. Unit B is upstairs over the carport and features 2 bedrooms 1 bath, new laminate flooring in the kitchen and living room and new carpet in the bedrooms. New exterior paint, and new windows throughout. Shared laundry and 3 covered parking spaces with additional uncovered parking available.

Last Agent to Sell the Property

Randy Steiger

RE/MAX Success License #01084549 Listed on: 12/19/2018

RE/MAX Success

Co-Listed By

Hal Sweasey

Equity Union License #01111911

Last Buyer's Agent

Mark Epstein

Mark Epstein & Associates License #00820307

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 6,000 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • 2,968 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 6 Parking Spaces
  • 3 Carport Spaces

Additional Features

  • Laundry Room
  • Rain Gutters
  • Property is near park

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 008228013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $200
  • Fuel Expense $200
  • Insurance Expense $900
  • Professional Management Expense $1,500
  • Trash Expense $900
  • Water Sewer Expense $2,000
  • New Taxes Expense $4,878
  • Operating Expense $10,578
  • Gross Income $48,000
  • Net Operating Income $40,017

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Professional Management Expense: 1500.00
  • Property Attached: Yes
  • Subdivision Name Other: PR City Limits East(110)
  • Water Sewer Expenses: 2000.00
  • Zoning: R3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 008228013
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 219.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Park Nearby
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Electric Expense: 200.00
  • Fuel Expense: 200.00
  • Gross Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 900.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6000.0000 Square Feet
  • Net Operating Income: 40017.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 7983.00
  • Rent Control: No
  • Total Actual Rent: 4000.00
  • Total Expenses: 10578.00

Tax Info

  • New Taxes Expense: 4878.00
  • Tax Census Tract: 101.02

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

Listed on
Dec 19, 2018
Closed on
Jan 30, 2019
Sold by
Bought by
Seller's Agent
Randy Steiger
RE/MAX Success
Buyer's Agent
Mark Epstein
Mark Epstein & Associates
List Price
$659,000
Sold Price
$650,000
Premium/Discount to List
-$9,000
-1.37%

Purchase Details

Closed on
Feb 9, 2018
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
$420,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 2009
Sold by
Bought by

Purchase Details

Closed on
May 21, 2005
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
$492,712
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 1996
Sold by
Bought by
Source: Public Records

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
$650,000 Fidelity Natl Title Co
$560,000 Fidelity National Title Co
$380,000 Chicago Title Company
$353,348 First American Title Insuran
$560,000 First American Title Co
-- --
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
Previous Owner $420,000
Previous Owner $492,712
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
02/13/2019 02/13/19 Sold $650,000 -1.4% $219 / Sq Ft
01/23/2019 01/23/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $659,000 0.0% $222 / Sq Ft
12/29/2018 12/29/18 Pending -- -- --
12/19/2018 12/19/18 For Sale $659,000 -- $222 / 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
2026 $8,029 $739,584 $341,347 $398,237
2025 $7,903 $725,083 $334,654 $390,429
2024 $7,774 $710,867 $328,093 $382,774
2023 $7,774 $696,929 $321,660 $375,269
2022 $7,659 $683,264 $315,353 $367,911
2021 $7,528 $669,868 $309,170 $360,698
2020 $7,425 $663,000 $306,000 $357,000
2019 $6,433 $571,200 $306,000 $265,200
2018 $4,878 $430,521 $181,511 $249,010
2017 $4,587 $422,080 $177,952 $244,128
2016 $4,497 $413,805 $174,463 $239,342
2015 $4,480 $407,590 $171,843 $235,747
2014 $4,325 $380,000 $160,000 $220,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP18295966

California Regional Multiple Listing Service (CRMLS)

APN: 008-228-013

Your Personal Tour Guide

Ask me questions while you tour the home.