$6,500,000
PENDING NEW CONSTRUCTION

Estimated payment $41,953/month

Total Views 2,038
4 Beds
4 Baths
14,920 Sq Ft
$436 Price per Sq Ft

Highlights

  • New Construction
  • No HOA
  • Central Heating and Cooling System
  • 0.3 Acre Lot
  • Laundry Room
  • 1-Story Property

About This Home

SOLD BEFORE PROCESSING.

Listing Agent

Ed Koenig

Ed Koenig IRE License #00831815 Listed on: 08/03/2022

Co-Listing Agent

Gina Uzunyan

Koenig Properties License #00984953

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $72,662

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.3 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 16 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 14,920 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 118
  • Tax Tract Number 15935
  • Assessor Parcel Number 2414004020
  • $1,336 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 8 Units

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • Other Expense $127,613
  • Operating Expense $127,613
  • Gross Income $422,400
  • Net Operating Income $294,787

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$72,662

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

16

Listing Details

  • Assessments: Yes
  • CapRate: 4.53
  • Price Per Unit: 812500
  • Property Attached: Yes
  • View: No
  • Zoning: LARD1.5
  • New Construction: Yes
  • Property Type: Residential Income
  • Parcel Number: 2414004020
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 435.66

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 16.00
  • Total Parking Spaces: 16.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 13163.00
  • Lot Size Acres: 0.3022

Multi Family

  • Gross Income: 422400.00
  • Gross Multiplier: 15.39
  • Gross Scheduled Income: 422400.00
  • Lot Size Area: 13163.0000 Square Feet
  • Net Operating Income: 294787.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Units Total: 8
  • Operating Expense: 127613.00
  • Other Expense: 127613.00
  • Rent Control: Yes
  • Total Expenses: 127613.00

Tax Info

  • Tax Census Tract: 1231.04
  • Tax Lot: 118
  • Tax Tract Number: 15935
  • TaxOtherAnnualAssessmentAmount: 1336.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $72,662 $6,023,916 $3,121,200 $2,902,716
2024 $72,662 $5,905,800 $3,060,000 $2,845,800
2023 $71,255 $5,790,000 $3,000,000 $2,790,000
2022 $32,769 $2,687,440 $1,208,855 $1,478,585
2021 $32,300 $2,634,746 $1,185,152 $1,449,594
2019 $13,900 $1,150,000 $690,000 $460,000
2018 $1,126 $80,744 $62,457 $18,287
2016 $1,057 $77,611 $60,033 $17,578
2015 $1,043 $76,446 $59,132 $17,314
2014 $1,058 $74,949 $57,974 $16,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Off Market $3,937 -- --
05/08/2025 05/08/25 Price Changed $3,937 -2.3% $2 / Sq Ft
04/16/2025 04/16/25 Price Changed $4,029 -4.3% $2 / Sq Ft
03/15/2025 03/15/25 Price Changed $4,212 0.0% $2 / Sq Ft
03/15/2025 03/15/25 For Rent $4,212 +135.6% --
02/12/2025 02/12/25 Off Market $1,788 -- --
01/21/2025 01/21/25 Price Changed $1,788 -56.6% $1 / Sq Ft
01/08/2025 01/08/25 Price Changed $4,120 +130.4% $2 / Sq Ft
12/14/2024 12/14/24 Price Changed $1,788 -6.9% $1 / Sq Ft
11/05/2024 11/05/24 Price Changed $1,920 -4.6% $1 / Sq Ft
10/12/2024 10/12/24 Price Changed $2,012 -8.3% $1 / Sq Ft
09/24/2024 09/24/24 Price Changed $2,195 0.0% $1 / Sq Ft
09/24/2024 09/24/24 For Rent $2,195 -42.9% --
05/12/2024 05/12/24 Price Changed $3,845 +10.5% $2 / Sq Ft
04/25/2024 04/25/24 Price Changed $3,479 0.0% $2 / Sq Ft
04/25/2024 04/25/24 For Rent $3,479 -2.5% --
03/29/2024 03/29/24 Price Changed $3,570 -7.2% $2 / Sq Ft
03/02/2024 03/02/24 Price Changed $3,845 -2.3% $2 / Sq Ft
02/21/2024 02/21/24 Price Changed $3,937 -2.3% $2 / Sq Ft
02/15/2024 02/15/24 Price Changed $4,029 -2.2% $2 / Sq Ft
01/20/2024 01/20/24 Price Changed $4,120 -7.5% $2 / Sq Ft
01/06/2024 01/06/24 Price Changed $4,456 0.0% $2 / Sq Ft
01/06/2024 01/06/24 For Rent $4,456 +21.7% --
01/06/2023 01/06/23 Price Changed $3,662 0.0% $2 / Sq Ft
01/04/2023 01/04/23 Price Changed $3,662 0.0% $2 / Sq Ft
12/16/2022 12/16/22 Price Changed $3,662 0.0% $2 / Sq Ft
12/07/2022 12/07/22 Price Changed $3,662 -4.8% $2 / Sq Ft
12/01/2022 12/01/22 For Rent $3,845 0.0% --
08/03/2022 08/03/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $6,500,000 +465.2% $436 / Sq Ft
08/06/2018 08/06/18 Sold $1,150,000 +21.2% $679 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $949,000 -- $560 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $5,790,000 Lawyers Title
Grant Deed $1,150,000 Priority Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,450,000 New Conventional
Previous Owner $4,200,000 New Conventional
Previous Owner $3,350,000 Commercial
Previous Owner $107,000 New Conventional
Previous Owner $2,869,600 Construction
Previous Owner $862,500 Construction
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22171023

California Regional Multiple Listing Service (CRMLS)

APN: 2414-004-020