NOT LISTED FOR SALE
7 Beds
7 Baths
3,882 Sq Ft
8,004 Sq Ft Lot

Last Sold October 01, 2018

Last sale price $3,340,000 $860 Per Sq Ft

9 Days on Market

Highlights

  • Air Conditioning
  • Franklin Elementary School Rated A+
  • Central Heating

About This Home

As of October 2018

Rare opportunity to acquire a charming bungalow style six-unit apartment building with large private front and rear patios/yards for almost every unit. Very few buildings offer this much private outdoor space for tenants. Each apartment also features hardwood floors, in-unit laundry, and an updated kitchen. 5 - 1 bedroom/1 bath units and 1 - 2 bedroom/2 bath unit generating over $195,000 in current income with upside in rents. Minutes to the beach, Montana Avenue, and the Brentwood Farmers Market. Franklin School district. 8000+ sq ft lot provides opportunities for future development.

Last Agent to Sell the Property

Haya Handel

Compass License #02007200 Listed on: 08/06/2018

Compass

Co-Listed By

Gary Barkin

Compass License #01838791

Last Buyer's Agent

Christina Wong

Sunshine Realty License #00533418

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 8,004 Sq Ft Lot

Interior Spaces

  • 3,882 Sq Ft Home
  • 2-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Assigned Parking

Utilities

  • Air Conditioning
  • Central Heating
  • Cable TV Available

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4277-011-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3882
  • Stories: 2
  • Year Built: 1952
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 7.00
  • Equipment: Cable, Dishwasher, Dryer, Garbage Disposal, Washer
  • Price Per S Q F T: 888.72

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4277-011-003
  • Geocode Override: No
  • Lot Size Area: 8004

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 17.70
  • Number Of Units: 6
  • Rent Control: 100
  • Type Of Units: apartments

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
10/01/2018 10/01/18 Sold $3,340,000 -3.2% $860 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $3,450,000 -- $889 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-372666

The MLS

APN: 4277-011-003