NOT LISTED FOR SALE
4 Beds
2 Baths
2,800 Sq Ft
5,881 Sq Ft Lot

Sale Details

Date Sold: February 23, 2015

Last sale price $450,000 $161 Per Sq Ft

64 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Wall Furnace
  • Laundry Room
  • Level Lot
  • 3-minute walk to Fairview Triangle Habitat Restoration

About This Home

As of February 2015

Great investment property. Each unit has 2 bedrooms and 1 bath. The unit in the back has a private cement patio yard. Each unit has their own electrical and gas meter. Both units are leased out with tenants.

Last Agent to Sell the Property

Eduardo Vargas

Seven Gables Real Estate License #01219811 Listed on: 11/11/2014

Seven Gables Real Estate

Last Buyer's Agent

Eduardo Vargas

Seven Gables Real Estate License #01219811 Listed on: 11/11/2014

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 5,859 Sq Ft Lot
  • 1 Common Wall
  • Fence is in average condition
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Property Attached
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care
  • Tax Lot 23
  • Tax Tract Number 2980
  • Assessor Parcel Number 40521124

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $750
  • Trash Expense $600
  • Water Sewer Expense $3,300
  • New Taxes Expense $2,650
  • Gross Income $2,900
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

5,859 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 3300.00
  • Zoning: r2
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Parcel Number: 40521124
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 160.71
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Block
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 5859.00
  • Lot Size Acres: 0.1350

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care

Multi Family

  • Gross Income: 2900.00
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 750.00
  • Lot Size Area: 5859.0000 Square Feet
  • Net Operating Income: 30000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4800.00
  • Operating Expense Percent: 13.00
  • Rent Control: No
  • Total Actual Rent: 2900.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 2650.00
  • Tax Lot: 23
  • Tax Tract Number: 2980
  • Tax Year: 2013
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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
02/23/2015 02/23/15 Sold $450,000 -8.1% $161 / Sq Ft
01/14/2015 01/14/15 Pending -- -- --
11/11/2014 11/11/14 For Sale $489,900 -- $175 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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 $6,444 $540,827 $443,825 $97,002
2024 $6,444 $530,223 $435,123 $95,100
2023 $6,284 $519,827 $426,591 $93,236
2022 $6,218 $509,635 $418,227 $91,408
2021 $6,074 $499,643 $410,027 $89,616
2020 $6,085 $494,520 $405,822 $88,698
2019 $5,967 $484,824 $397,865 $86,959
2018 $5,741 $475,318 $390,064 $85,254
2017 $5,693 $465,999 $382,416 $83,583
2016 $5,581 $456,862 $374,917 $81,945
2015 $2,672 $196,485 $107,104 $89,381
2014 $2,625 $192,637 $105,006 $87,631
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14239726

California Regional Multiple Listing Service (CRMLS)

APN: 405-211-24

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