$1,825,000
SOLD JAN 24, 2025
8 Beds
4 Baths
3,200 Sq Ft
6,525 Sq Ft Lot

Recently Sold

$570 Per Sq Ft

4% Below List Price

29 Days on Market

About This Home

As of January 2025

Tours Tuesday 9/17 11 am to 1 pm. 935 Ravenscourt Ave is a fourplex apartment that was built in 1962 and sits on a 6,525 SF / 0.15 Acres lot, per county assessor. 935 Ravenscourt Ave offers four (4) 2 Bedroom x 1 Bathroom units, and rests on 6,525 SF / 0.15 Acres of land. The property also offers covered car-port parking, shared laundry rooms, and private balconies. Marketing Package and additional information available upon request.

Last Agent to Sell the Property

Mitchell Zurich

Marcus & Millichap License #01870648 Listed on: 09/03/2024

Co-Listed By

Robert Johnston

Marcus & Millichap License #01853816

Last Buyer's Agent

Eymon Binesh

Marcus & Millichap License #02060059

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,525 Sq Ft Lot

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $112,320

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $1,195
  • Maintenance Expense $3,000
  • Utility Expense $4,423
  • Trash Expense $3,240
  • Operating Expense $37,289
  • Gross Income $110,114

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R-3
  • Subclass: Fourplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3200
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Flat / Low Pitch

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1498
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6525.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6525.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 16.74
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 1195
  • Expense Maintenance: 3000
  • Expenses Total: 37289
  • Expenses Utility: 4423
  • Expense Trash: 3240
  • Income Annual Gross: 110114.00
  • Income Annual Rental: 112320
  • Income Gross Scheduled: 113520
  • Income Includes: Laundry
  • Income Other: 1200
  • Meters: Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Trash Removal, Utilities, Vacancy Factor
  • Tenant Expenses: Utilities - Electric
  • Vacancy Factor: 3

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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
04/23/2025 04/23/25 Price Changed $1,888,000 -2.1% $567 / Sq Ft
03/25/2025 03/25/25 Price Changed $1,928,000 -3.0% $579 / Sq Ft
02/26/2025 02/26/25 For Sale $1,988,000 +8.9% $597 / Sq Ft
01/24/2025 01/24/25 Sold $1,825,000 -3.9% $570 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $1,900,000 -- $594 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81978861

MLSListings