NOT LISTED FOR SALE
1 Bed
1 Bath
5,007 Sq Ft
9,944 Sq Ft Lot

Last Sold January 15, 2015

Last sale price $1,080,000 $216 Per Sq Ft

59 Days on Market

About This Home

As of January 2015

The property consists of (8) one bedroom / one bathroom units. The building amenities include (4) double-car garages with brand new doors and a laundry facility (not currently in use).

Last Agent to Sell the Property

Paul Espinosa

Morgan Skenderian License #01942627 Listed on: 10/31/2014

Co-Listed By

Rick Applebaum

Morgan Skenderian License #01273871

Last Buyer's Agent

Paul Espinosa

Morgan Skenderian License #01942627 Listed on: 10/31/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 9,944 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Density is 6-10 Units/Acre

Parking

  • 8 Car Garage

Home Design

  • 5,007 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2534
  • Assessor Parcel Number 25015129

Community Details

Overview

  • 8 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $2,940
  • Gardener Expense $900
  • Insurance Expense $1,502
  • Maintenance Expense $7,027
  • Other Expense $686
  • Trash Expense $2,940
  • Water Sewer Expense $2,940
  • New Taxes Expense $14,313
  • Gross Income $7,625
  • Net Operating Income $51,652

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

8

Listing Details

  • CapRate: 4.60
  • Property Attached: Yes
  • Water Sewer Expenses: 2940.00
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 25015129
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 215.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 2940.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 6-10 Units/Acre, Corner Lot
  • Lot Size Sq Ft: 9944.00
  • Lot Size Acres: 0.2280

Multi Family

  • Electric Expense: 2940.00
  • Gross Income: 7625.00
  • Gross Multiplier: 12.40
  • Gross Scheduled Income: 91500.00
  • Gross Spendable Income: 9331.00
  • Insurance Expense: 1502.00
  • Lot Size Area: 9944.0000 Square Feet
  • Maintenance Expense: 7027.00
  • Maintenance Percent: 8.00
  • Net Operating Income: 51652.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 36188.00
  • Operating Expense Percent: 39.50
  • Other Expense: 686.00
  • Other Expense Description: Admin
  • Rent Control: No
  • Vacancy Allowance: 3660
  • Vacancy Allowance Rate: 4.00

Tax Info

  • New Taxes Expense: 14313.00
  • Tax Lot: 1
  • Tax Tract Number: 2534

Range of Values:

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Sold Price
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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
01/15/2015 01/15/15 Sold $1,080,000 -4.8% $216 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $1,135,000 -- $227 / 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: PW14232800

California Regional Multiple Listing Service (CRMLS)

APN: 250-151-29