NOT LISTED FOR SALE
12 Beds
4 Baths
4,000 Sq Ft
1.44 Acres

Last Sold October 13, 2017

Last sale price $598,000 $150 Per Sq Ft

12 Days on Market

Highlights

  • 62,726 Sq Ft lot
  • Laundry Room
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2017

4 units that have been rented out long term for many years. Each unit has 3 bedrooms, 1 bath. All units are currently rented out. Three of the units are leased for below market rates, and can be increased. Market rents should be at about $1200 each. There is a large lot for each tenant to have multiple parking spots.

Last Agent to Sell the Property

Sergio Salazar

Vylla Home, Inc. License #01447204 Listed on: 08/30/2017

Last Buyer's Agent

KATHERINE CHANG

Century 21 Masters License #01019703

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1933

Lot Details

  • 1.44 Acre Lot
  • No Common Walls

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Unpaved Parking

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water
  • Tax Lot 7
  • Tax Tract Number 404
  • Assessor Parcel Number 163022007

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,000
  • Trash Expense $1,500
  • New Taxes Expense $1
  • Operating Expense $7,749
  • Gross Income $47,500
  • Net Operating Income $44,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: R-1-10000
  • Property Type: Residential Income
  • Parcel Number: 163022007
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 149.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unpaved, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 62726.00

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Water

Multi Family

  • Gross Income: 47500.00
  • Gross Scheduled Income: 47500.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 44000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 3500.00
  • Rent Control: No
  • Total Actual Rent: 3550.00
  • Total Expenses: 7749.00

Tax Info

  • New Taxes Expense: 1.14
  • Tax Census Tract: 404.02
  • Tax Lot: 7
  • Tax Tract Number: 404.02

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
10/13/2017 10/13/17 Sold $598,000 -2.0% $150 / Sq Ft
08/30/2017 08/30/17 For Sale $610,000 -- $153 / 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: IV17201479

California Regional Multiple Listing Service (CRMLS)

APN: 163-022-007