NOT LISTED FOR SALE
3 Beds
2 Baths
3,911 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: March 24, 2023

Last sale price $790,000 $202 Per Sq Ft

About This Home

As of March 2023

Sold before listed. Single-story, five-unit apartment. Four, 2/BR/1 BA units and one 1/BR 1/BA. 100% occupied. Current rents are below market with substantial upside to renovate and raise rents.

Last Agent to Sell the Property

James Towers

TOWERS & ASSOCIATES License #01342640 Listed on: 03/23/2023

Last Buyer's Agent

JOSEPH CHAVEZ

Hunley Realty Group License #01300793

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 12,197 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • 3,911 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces

Listing and Financial Details

  • Legal Lot and Block 3 / 89
  • Assessor Parcel Number 418052014
  • $70 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Gardener Expense $2,400
  • Insurance Expense $1,600
  • Maintenance Expense $1,500
  • Professional Management Expense $2,236
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • New Taxes Expense $9,480
  • Operating Expense $12,636
  • Gross Income $44,721
  • Net Operating Income $33,085

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0.28 Acres

Listing Details

  • Professional Management Expense: 2236.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: P
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 418052014
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 201.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 12197.00
  • Lot Size Acres: 0.2800

Multi Family

  • Electric Expense: 1800.00
  • Gross Income: 44721.00
  • Gross Scheduled Income: 44721.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 12197.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 33085.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 11636.00
  • Rent Control: Yes
  • Total Expenses: 12636.00

Tax Info

  • New Taxes Expense: 9480.00
  • Tax Block: 89
  • Tax Census Tract: 440.00
  • Tax Lot: 3
  • TaxOtherAnnualAssessmentAmount: 70.00

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
Mar 23, 2023
Closed on
Mar 10, 2023
Sold by
Bought by
Seller's Agent
James Towers
TOWERS & ASSOCIATES
Buyer's Agent
JOSEPH CHAVEZ
Hunley Realty Group
List Price
$800,000
Sold Price
$790,000
Premium/Discount to List
-$10,000
-1.25%

Purchase Details

Listed on
Mar 23, 2023
Closed on
Mar 8, 2023
Sold by
Bought by
Seller's Agent
James Towers
TOWERS & ASSOCIATES
Buyer's Agent
JOSEPH CHAVEZ
Hunley Realty Group
List Price
$800,000
Sold Price
$790,000
Premium/Discount to List
-$10,000
-1.25%

Purchase Details

Listed on
Mar 23, 2023
Closed on
Mar 7, 2023
Sold by
Bought by
Seller's Agent
James Towers
TOWERS & ASSOCIATES
Buyer's Agent
JOSEPH CHAVEZ
Hunley Realty Group
List Price
$800,000
Sold Price
$790,000
Premium/Discount to List
-$10,000
-1.25%
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
-- --
$790,000 Fidelity National Title
-- --
-- --
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
03/24/2023 03/24/23 Sold $790,000 -1.3% $202 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $800,000 -- $205 / 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 $10,521 $821,916 $124,848 $697,068
2023 $10,521 $103,563 $11,717 $91,846
2022 $1,419 $101,534 $11,488 $90,046
2021 $1,393 $99,544 $11,263 $88,281
2020 $1,377 $98,524 $11,148 $87,376
2019 $1,356 $96,593 $10,930 $85,663
2018 $1,350 $94,700 $10,718 $83,982
2017 $1,363 $95,409 $10,508 $84,901
2016 $1,334 $93,997 $10,302 $83,695
2015 $1,318 $93,050 $10,149 $82,901
2014 $1,817 $123,804 $9,951 $113,853
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV23046427

California Regional Multiple Listing Service (CRMLS)
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