NOT LISTED FOR SALE
9 Beds
5 Baths
4,653 Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: December 4, 2013

Last sale price $682,626 $147 Per Sq Ft

73 Days on Market

About This Home

As of December 2013

LOCATION, LOCATION, LOCATION!!! Great investment opportunity to purchase this 5-unit multi-family property on a 19,000+ sqft lot. The 2 front units have 2bedrooms +1 bath and 1car garage, the other 2units/duplex have 2 bedrooms + 1 1/2 baths and 2car garage and the one unit has a 1bedroom + 1bath with carport parking. This unit is well maintained and always 100% occupancy with potential rent increase! Don't miss this great deal, bring in your offer!!! **Agents please see remarks**

Last Agent to Sell the Property

Gina Galang

Your Choice Realty & REO License #01241699 Listed on: 09/10/2013

Last Buyer's Agent

Jennifer Chow

Napoli R.E. & Property Mgt. License #00929968

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 19,567 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 4,653 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 16 / 4
  • Tax Tract Number 5023
  • Assessor Parcel Number 7162019052

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,500
  • Water Sewer Expense $1,680
  • New Taxes Expense $8,200
  • Gross Income $4,146
  • Net Operating Income $49,760

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0.45 Acres

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1680.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7162019052
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 146.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 19567.00
  • Lot Size Acres: 0.4490

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 4146.00
  • Gross Scheduled Income: 61800.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 19567.0000 Square Feet
  • Net Operating Income: 49760.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 12040.00
  • Rent Control: No
  • Total Actual Rent: 5075.00

Tax Info

  • New Taxes Expense: 8200.00
  • Tax Block: 4
  • Tax Lot: 16
  • Tax Tract Number: 5023
  • Tax Year: 2012

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
Sep 10, 2013
Closed on
Nov 26, 2013
Sold by
Bought by
Seller's Agent
Gina Galang
Your Choice Realty & REO
Buyer's Agent
Jennifer Chow
Napoli R.E. & Property Mgt.
List Price
$9,999,900
Sold Price
$682,626
Premium/Discount to List
-$9,317,274
-93.17%

Purchase Details

Listed on
Sep 10, 2013
Closed on
Nov 21, 2013
Sold by
Bought by
Seller's Agent
Gina Galang
Your Choice Realty & REO
Buyer's Agent
Jennifer Chow
Napoli R.E. & Property Mgt.
List Price
$9,999,900
Sold Price
$682,626
Premium/Discount to List
-$9,317,274
-93.17%

Purchase Details

Listed on
Sep 10, 2013
Closed on
Nov 8, 2013
Sold by
Bought by
Seller's Agent
Gina Galang
Your Choice Realty & REO
Buyer's Agent
Jennifer Chow
Napoli R.E. & Property Mgt.
List Price
$9,999,900
Sold Price
$682,626
Premium/Discount to List
-$9,317,274
-93.17%

Purchase Details

Closed on
Aug 25, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 2003
Sold by
Bought by

Purchase Details

Closed on
Jul 6, 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
$276,000
Interest Rate
0.0691%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 2001
Sold by
Bought by

Purchase Details

Closed on
Dec 27, 2000
Sold by
Bought by

Purchase Details

Closed on
Jun 17, 2000
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
$187,000
Interest Rate
0.0815%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
-- None Available
-- Fidelity National Title
$683,000 Fidelity National Title
-- --
-- --
$382,000 Stewart Title
-- --
-- --
-- --
$350,000 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
Open $250,000
Previous Owner $276,000
Previous Owner $187,000
Previous Owner $19,980
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
12/04/2013 12/04/13 Sold $682,626 -93.2% $147 / Sq Ft
11/22/2013 11/22/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $9,999,900 -- $2,149 / 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 $12,320 $836,763 $502,599 $334,164
2024 $11,759 $820,357 $492,745 $327,612
2023 $11,552 $804,273 $483,084 $321,189
2022 $11,261 $788,504 $473,612 $314,892
2021 $10,999 $773,044 $464,326 $308,718
2020 $10,770 $765,618 $459,565 $306,053
2019 $11,256 $750,616 $450,554 $300,062
2018 $10,337 $735,909 $441,720 $294,189
2016 $9,292 $706,854 $424,568 $282,286
2015 $8,780 $696,237 $418,191 $278,046
2014 $9,005 $682,600 $410,000 $272,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG13184331

California Regional Multiple Listing Service (CRMLS)
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