NOT LISTED FOR SALE
-- Bed
-- Bath
6,482 Sq Ft
7,500 Sq Ft Lot

Sale Details

Date Sold: October 16, 2012

Last sale price $586,000 $90 Per Sq Ft

88 Days on Market

Highlights

  • Contemporary Architecture
  • No Heating
  • 4-minute walk to 49th Street Park

About This Home

As of October 2012

THIS PROPERTY FEATURES AN OWNERS UNIT WITH 2 BEDROOMS AND 2.5 BATHS! PLUS, ITS A TWO STORY TOWNHOUSE STYLE! THIS UNIT COULD BE RENTED FOR $1,500.00 OR MORE! ALL UNITS HAVE A WINDOW A/C, PLUS A PARKING SPACE IN THE REAR. THERE IS A COMMUNITY LAUNDRY AREA WITH 2 WASHER AND 2 DRYERS! THE ADDITIONAL INCOME IS FROM $100.00 TO $300.00 PER MONTH! TENANTS PAY THEIR OWN ELECTRIC AND GAS(A PLUS)!

Last Agent to Sell the Property

Jesse Owens

Estate Properties License #01045242 Listed on: 05/05/2012

Last Buyer's Agent

Jesse Owens

Estate Properties License #01045242 Listed on: 05/05/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,500

Home Design

  • 6,482 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Parking

  • 7 Parking Spaces
  • Carport

Additional Features

  • 7,500 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 0.1 / G
  • Tax Tract Number 12
  • Assessor Parcel Number 5108020022

Community Details

Overview

  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,000
  • Gardener Expense $300
  • Insurance Expense $4,200
  • Supplies Expense $2,000
  • Trash Expense $2,000
  • Water Sewer Expense $3,900
  • New Taxes Expense $7,500
  • Gross Income $4,900
  • Net Operating Income $51,147

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 8.52
  • Supplies Expense: 2000.00
  • View: No
  • Water Sewer Expenses: 3900.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 300.00
  • Parcel Number: 5108020022
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 90.40

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Carport
  • Total Parking Spaces: 7.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 2000.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1000.00
  • Gross Income: 4900.00
  • Gross Multiplier: 7.81
  • Gross Scheduled Income: 76800.00
  • Insurance Expense: 4200.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 51147.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 22349.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Area: 7
  • Tax Block: G
  • Tax Lot: 0.1
  • Tax Tract Number: 12

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
Mar 16, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 14, 2017
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 2012
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
$450,000
Interest Rate
0.0352%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 2007
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
$275,000
Interest Rate
0.0661%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2003
Sold by
Bought by
Source: Public Records
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

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
-- None Available
$586,000 Progressive Title Company
-- Commonwealth
-- --
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 $415,000
Previous Owner $450,000
Previous Owner $275,000
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
10/16/2012 10/16/12 Sold $586,000 -2.3% $90 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
05/05/2012 05/05/12 For Sale $600,000 -- $93 / 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 $11,773 $878,921 $373,446 $505,475
2024 $11,570 $861,688 $366,124 $495,564
2023 $11,365 $844,794 $358,946 $485,848
2022 $10,875 $828,230 $351,908 $476,322
2021 $10,715 $811,991 $345,008 $466,983
2019 $10,417 $787,909 $334,776 $453,133
2018 $10,256 $772,461 $328,212 $444,249
2016 $8,135 $609,576 $260,058 $349,518
2015 $8,027 $600,420 $256,152 $344,268
2014 $8,096 $588,660 $251,135 $337,525
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P821050

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.