NOT LISTED FOR SALE
-- Bed
-- Bath
5,725 Sq Ft
1960 Built

Last Sold October 26, 2012

Last sale price $1,200,000 $210 Per Sq Ft

94 Days on Market

About This Home

As of October 2012

Upon acceptance of offer all income and expenses will be available to verify.Market annual income could be $114,000.Some tenants over 20 years.Two 2bed at $1450,each a FP,one with 1.5 baths,the other is used as a 3 bed with a extra room,two other 2 beds at 1250 and 980.Four ones at 1000,795,985,975.These low rents should have 2 bedrooms all at 1250 -1275,and ones at 1000,and larger two's at 1500.Laun.inc.@ 100 mo.Quiet residential area,adjacent to Friendly Hills,notpacked with tons of apartments and jammed with streets full of cars.Well maintained and cared for.Do not go on the property,some persons are ill so do not bother tenants .Will require large down payment.The expenses shown on the listing andmsome details are not accurate nor to be relied on-on acceptance subject to inspection all data will be verified.just use your own rule of thumb-almost never a vacancy-prime location.see media photos

Last Agent to Sell the Property

Kevin Campion

Campion, Kevin License #00411631 Listed on: 05/13/2012

Last Buyer's Agent

Sylvia Valdez

T.N.G. Real Estate Consultants License #01320403

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Parking

  • 8 Parking Spaces

Home Design

  • Stucco

Interior Spaces

  • 5,725 Sq Ft Home
  • Fireplace Features Masonry

Utilities

  • No Heating
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 04

Community Details

Overview

  • 8 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $350
  • Gardener Expense $352
  • Insurance Expense $4,318
  • Trash Expense $449
  • Water Sewer Expense $1,489
  • Gross Income $8,825

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Water Sewer Expenses: 1489.00
  • Property Type: Residential Income
  • Gardener Expense: 352.00
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Fireplace Features: Masonry
  • Levels: Two
  • Price Per Square Foot: 209.61

Exterior Features

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

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Sewer: Sewer Paid
  • Trash Expense: 449.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 350.00
  • Gross Income: 8825.00
  • Gross Multiplier: 14.12
  • Gross Scheduled Income: 105900.00
  • Insurance Expense: 4318.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8

Tax Info

  • Tax Lot: 04

Range of Values:

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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
10/26/2012 10/26/12 Sold $1,200,000 -22.6% $210 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
05/13/2012 05/13/12 For Sale $1,550,000 -- $271 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P821847

California Regional Multiple Listing Service (CRMLS)