NOT LISTED FOR SALE
10 Beds
5 Baths
3,575 Sq Ft
6,773 Sq Ft Lot

Last Sold August 06, 2014

Last sale price $420,000 $117 Per Sq Ft

91 Days on Market

About This Home

As of August 2014

SERIOUS ALL CASH BUYER ONLY. One unit downstairs, two units upstairs and one house in the back. Small yard in back and small yard in front. DRIVE BY ONLY. 921 E. 43rd Place is the back house address, which is 3 bedrooms and 2 baths. This unit was originally a duplex that was converted into a single family, which there are no permits for the conversion. Copper re-pipe in 2010; Re-roof 2011. Front units 923 E. 43rd Place: Re-roof 2010; Copper piping less than 10 years old. 923 E. 43rd Place (two story units in the front) the two units on ground level, was originally one 2 bed room unit and one 1 bedroom unit, which the wall was removed between the two units and both units was converted into one 3 bedroom, 2 bath unit with two kitchens (unpermitted). The units can be separated and put back in its original condition. The seller has no permits for the conversion. All units are rented. Please do NOT distrub the tenants.

Last Agent to Sell the Property

Joi Aldridge

Bay Coast Realty License #01220576 Listed on: 06/11/2014

Last Buyer's Agent

Cynthia Reed

The Real Estate Professionals License #01423731

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,773 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 4 Parking Spaces

Home Design

  • Property Attached

Interior Spaces

  • 3,575 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 42
  • Tax Tract Number 12405
  • Assessor Parcel Number 5115016025

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 6 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $510
  • Gardener Expense $375
  • Insurance Expense $3,065
  • Trash Expense $990
  • Water Sewer Expense $3,100
  • New Taxes Expense $7,500
  • Gross Income $3,894
  • Net Operating Income $38,688

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 3100.00
  • Property Type: Residential Income
  • Gardener Expense: 375.00
  • Parcel Number: 5115016025
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 117.48

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 990.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6773.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 510.00
  • Gross Income: 3894.00
  • Gross Scheduled Income: 46728.00
  • Insurance Expense: 3065.00
  • Lot Size Area: 6773.0000 Square Feet
  • Net Operating Income: 38688.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 4
  • Operating Expense: 8040.00
  • Rent Control: Yes
  • Total Actual Rent: 3894.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Lot: 42
  • Tax Tract Number: 12405
  • Tax Year: 2013

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
08/06/2014 08/06/14 Sold $420,000 -16.0% $117 / Sq Ft
07/03/2014 07/03/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $500,000 -- $140 / 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: SB14069898

California Regional Multiple Listing Service (CRMLS)