NOT LISTED FOR SALE

3400 15th St W Rosamond, CA 93560

18 Beds
9 Baths
104,890 Sq Ft
6.6 Acres

Last Sold September 01, 2015

Last sale price $5,725,000 $55 Per Sq Ft

104 Days on Market

Highlights

  • Private Pool
  • Lawn
  • Landscaped
  • 6.6 Acre Lot
  • Neighborhood Views
  • West Facing Home

About This Home

As of September 2015

3400 15th Street West is a 120 unit, two story, 104,890 square foot apartment property, constructed in 1987 in Rosamond, CA. Known as the Rosamond Garden Apartments, the property consists of ten (10) separate two-story buildings. The unit mix consists of 120 two (2) bedroom/one (1) bath units. There are 235 parking spaces and an on-site laundry. The property is individually metered for gas and electric.

Last Agent to Sell the Property

Matthew Sullivan

Lee & Associates Investment Se License #00848427 Listed on: 02/19/2015

Last Buyer's Agent

Matthew Sullivan

Lee & Associates Investment Se License #00848427 Listed on: 02/19/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 6.6 Acre Lot
  • No Common Walls
  • West Facing Home
  • Landscaped
  • Level Lot
  • Lawn
  • Density is 16-20 Units/Acre

Parking

  • 235 Car Garage
  • Parking Available
  • Unassigned Parking

Interior Spaces

  • 104,890 Sq Ft Home
  • Neighborhood Views

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 9 Bathrooms

Outdoor Features

  • Private Pool
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 25101015

Community Details

Overview

  • 10 Buildings
  • 120 Units

Recreation

  • Community Pool

Building Details

  • 96 Leased Units
  • Insurance Expense $24,465
  • Maintenance Expense $86,162
  • Other Expense $8,958
  • Professional Management Expense $41,300
  • Trash Expense $125,791
  • New Taxes Expense $68,862
  • Gross Income $60,475
  • Net Operating Income $350,134

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Parking

235

Listing Details

  • CapRate: 5.90
  • Professional Management Expense: 41300.00
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 25101015
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 54.58

Exterior Features

  • Direction Faces: West
  • View: Neighborhood
  • Pool Features: Community
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Garage Spaces: 235.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 235.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 125791.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: 16-20 Units/Acre, Lawn, Landscaped, Level with Street
  • Lot Size Sq Ft: 287496.00
  • Price Per Lot Square Foot: 19.91
  • Lot Size Acres: 6.6000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 60475.00
  • Gross Multiplier: 6.61
  • Gross Scheduled Income: 727904.00
  • Insurance Expense: 24465.00
  • Lot Size Area: 6.6000 Acres
  • Maintenance Expense: 86162.00
  • Net Operating Income: 350134.00
  • Number Of Units Leased: 96
  • Number Of Units Total: 120
  • Operating Expense: 377770.00
  • Other Expense: 8958.00
  • Other Expense Description: Advertis
  • Rent Control: No
  • Total Actual Rent: 60475.00

Tax Info

  • New Taxes Expense: 68862.00
  • Tax Lot: 1
  • Tax Tract Number: 1

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
04/13/2024 04/13/24 Price Changed $1,475 +5.4% $1 / Sq Ft
08/22/2023 08/22/23 Price Changed $1,400 -3.4% $1 / Sq Ft
08/18/2023 08/18/23 For Rent $1,450 0.0% --
09/01/2015 09/01/15 Sold $5,725,000 -3.8% $55 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $5,950,000 -- $57 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Matthew Sullivan

    Lee & Associates Investment Se

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15064415

California Regional Multiple Listing Service (CRMLS)

California Kern County Rosamond 93560

3400 15th St W, Rosamond, CA

This home is located at 3400 15th St W, Rosamond, CA 93560 since 19 February 2015. This property was built in 1985. 3400 15th St W is a home located in Kern County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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