NOT LISTED FOR SALE
2 Beds
2 Baths
1,308 Sq Ft
1925 Built

Last Sold July 28, 2016

Last sale price $510,000 $390 Per Sq Ft

10 Days on Market

Highlights

  • No Units Above
  • Wood Flooring
  • Granite Countertops
  • All Bedrooms Downstairs
  • Spanish Architecture
  • No HOA

About This Home

As of July 2016

Vintage Spanish style duplex built in the 1920s. A perfect opportunity for a home buyer to live in one unit and rent the other. This could also be a wonderful income property to add to your portfolio. It is located on a quiet, cul-de-sac in the highly desirable neighborhood of Washington Square and is easily rented. The exterior and one unit has been restored/renovated maintaining it’s beautiful, unique qualities. Quality materials and workmanship have been used in the kitchen and bath that complement the vintage character. Very eco-friendly which is apparent in the landscaping with drip system and low water requirements, restored/refinished original wood floors, doors and hardware. Both units are 1 bedroom and 1 bathroom. There is a shared two car garage and has an inside laundry and private backyard for each unit. Please note the address of the other unit is 905 N Olive Street.

Last Agent to Sell the Property

Sarah Covarrubias

Seven Gables Real Estate License #00911629 Listed on: 05/26/2016

Seven Gables Real Estate

Last Buyer's Agent

Miguel Palos

Ontrak Real Estate License #01001495

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,754 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Cul-De-Sac
  • Wood Fence
  • Block Wall Fence
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Spanish Architecture
  • Bungalow
  • Property Attached
  • Turnkey
  • Cosmetic Repairs Needed
  • Flat Roof Shape
  • Raised Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,308 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Living Room

Kitchen

  • Gas Cooktop
  • Granite Countertops
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 455
  • Assessor Parcel Number 40518330

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $600
  • Water Sewer Expense $1,500
  • New Taxes Expense $6,400
  • Gross Income $1,250

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Civic Center Plaza (CVCP)
  • View: No
  • Water Sewer Expenses: 1500.00
  • Architectural Style: Bungalow, Spanish
  • Property Condition: Repairs Cosmetic, Turnkey
  • Property Type: Residential Income
  • Parcel Number: 40518330
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Laminate Counters
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 389.91
  • Room Type: All Bedrooms Down, Living Room, Walk-In Closet

Exterior Features

  • Foundation: Raised
  • Exterior Features: Awning(s)
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Flat, Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Cooktop
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 5754.00
  • Price Per Lot Square Foot: 92.98

Multi Family

  • Average1 Bed Area: 650
  • Gross Income: 1250.00
  • Gross Scheduled Income: 15000.00
  • Insurance Expense: 600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6400.00
  • Tax Lot: 21
  • Tax Tract Number: 455

Range of Values:

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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 Change Sq Ft Price
07/28/2016 07/28/16 Sold $510,000 -2.9% $390 / Sq Ft
06/05/2016 06/05/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $525,000 +16.7% $401 / Sq Ft
08/23/2013 08/23/13 Sold $450,000 0.0% $344 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
06/30/2013 06/30/13 For Sale $450,000 +63.6% $344 / Sq Ft
07/11/2012 07/11/12 Sold $275,000 -1.8% $210 / Sq Ft
06/22/2012 06/22/12 Pending -- -- --
06/12/2012 06/12/12 For Sale $279,900 -- $214 / 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: PW16113588

California Regional Multiple Listing Service (CRMLS)

APN: 405-183-30