Seller's Agent in 2024
Erik Katz
eXp Realty of California Inc.
(209) 283-4157
1 in this area
65 Total Sales
Back on the market, ready to sell, this classic 12-unit apartment building, boasting incredible brickwork and a solid structure with incredible profit potential after renovation. With 5 1bd/1bth and 7 studio apartments, this property offers approximately 6,400 square feet of rental space. The lower/basement level provides an additional 2,000 square feet of prime real estate that's perfectly suited for a retail units or additional storage space. This property is also located in an Opportunity zone, meaning potential for tax-free profits after 10 years. Fire damage on inside, but have a contractor-quoted remodel cost of around $300k, the potential for big returns is within reach. Was in escrow for several months and was not able to close at no fault of seller or property. Don't miss out on this incredible opportunity for multiple-family rehab with big upside!
Last Agent to Sell the Property
eXp Realty of California Inc. License #02096777 Listed on: 01/31/2024
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/01/2024 11/01/24 | Sold | $440,000 | -4.3% | $69 / Sq Ft | |
| 05/27/2024 05/27/24 | Pending | -- | -- | -- | |
| 01/31/2024 01/31/24 | Price Changed | $459,777 | -99.9% | $72 / Sq Ft | |
| 01/31/2024 01/31/24 | For Sale | $459,777,000 | +510763.3% | $71,650 / Sq Ft | |
| 07/18/2013 07/18/13 | Sold | $90,000 | -28.0% | $50 / Sq Ft | View Prior Sale |
| 07/16/2013 07/16/13 | Pending | -- | -- | -- | |
| 04/03/2013 04/03/13 | For Sale | $125,000 | -- | $69 / Sq Ft |
| 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 | $6,175 | $440,000 | $45,000 | $395,000 |
| 2024 | $5,183 | $191,015 | $22,284 | $168,731 |
| 2023 | $10,878 | $187,271 | $21,848 | $165,423 |
| 2022 | $2,585 | $183,600 | $21,420 | $162,180 |
| 2021 | $1,543 | $101,921 | $22,648 | $79,273 |
| 2020 | $1,559 | $100,877 | $22,416 | $78,461 |
| 2019 | $1,554 | $98,900 | $21,977 | $76,923 |
| 2018 | $1,516 | $96,962 | $21,547 | $75,415 |
| 2017 | $1,451 | $95,062 | $21,125 | $73,937 |
| 2016 | $1,460 | $93,198 | $20,711 | $72,487 |
| 2015 | $1,459 | $275,000 | $35,000 | $240,000 |
| 2014 | $3,717 | $275,000 | $35,000 | $240,000 |
Seller's Agent in 2024
Erik Katz
eXp Realty of California Inc.
(209) 283-4157
1 in this area
65 Total Sales
Buyer's Agent in 2024
Joseph Colangelo
Cornerstone Real Estate Group
(209) 986-7894
5 in this area
157 Total Sales
Seller's Agent in 2013
James Quessenberry
Northwind Commercial Inc
(916) 442-0634
9 Total Sales
Source: MetroList
MLS Number: 224009133