NOT LISTED FOR SALE

Soquel, CA 95073

10 Beds
6 Baths
4,445 Sq Ft
0.3 Acres

Last Sold August 27, 2021

Last sale price $2,237,750 $503 Per Sq Ft

35 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • 2 Car Attached Garage
  • Mission Hill Middle School Rated A-
  • Balcony
  • 4-minute walk to Heart of Soquel Plaza Park

About This Home

As of August 2021

Very well maintained, fully leased 4-plex in excellent downtown Soquel location. 3 - 2 bedroom, 1 bath units, and 1 - 4 bedroom 2.5 bath unit with 2 car attached garage and private backyard. Short walk to Soquel Elementary or all of the Soquel restaurants.

Last Agent to Sell the Property

Alexis Menard-Jackson

Associated Realty Service License #01060434 Listed on: 07/01/2021

Last Buyer's Agent

Datta Khalsa

Main Street Realtors License #01161050

Property Details

Home Type

  • Multi-Family

Year Built

  • 1973

Lot Details

  • 0.3 Acre Lot
  • Level Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Attached Garage
  • 4 Carport Spaces
  • Varies By Unit
  • Lighted Parking
  • Uncovered Parking
  • Assigned Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,445 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry Room
  • Sump Pump

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $103,380

Community Details

Building Details

  • 4 Leased Units
  • Gardener Expense $2,220
  • Insurance Expense $2,500
  • Utility Expense $2,040
  • Operating Expense $23,982
  • Gross Income $103,430

Additional Features

  • 4,445 Sq Ft Building
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

1973

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM-4-GH
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4445
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1973

Interior Features

  • Kitchen: Appliances - Vary By Unit, Countertop - Formica, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Self Cleaning, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 4445
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Drought Tolerant Plants, Low Maintenance, Sprinklers - Auto, Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Attached Garage, Carport, Lighted Parking Area, Uncovered Parking, Varies By Unit
  • Carport Min: 4

Utilities

  • Heating System: Central Forced Air - Gas, Electric, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sump Pump

Schools

  • High School: 877

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2950
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12850.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12850.00

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet

Rental Info

  • Existing Lease Term(s): Lease(s), Less Than 1 Yr
  • Gross Rent Multiplier: 24.12
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 2500
  • Expense Landscape: 2220
  • Expenses Total: 23982
  • Expenses Utility: 2040
  • Income Annual Gross: 103430.00
  • Income Annual Rental: 103380
  • Income Gross Scheduled: 103430
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 50
  • Meters: Master Electric, Master Gas, Separate Electric
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Heating

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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 List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $2,237,750 -10.3% $503 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $2,495,000 -- $561 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alexis Menard-Jackson

    Seller's Agent in 2021

    Alexis Menard-Jackson

    Associated Realty Service

    (831) 588-2991

    2 in this area

    10 Total Sales

    Alexis Menard-Jackson
    Section Image
  • Datta Khalsa

    Buyer's Agent in 2021

    Datta Khalsa

    Main Street Realtors

    (831) 818-0181

    15 in this area

    82 Total Sales

    Datta Khalsa
    Section Image
See All Agents

Source: MLSListings

MLS Number: ML81851597

MLSListings
California Santa Cruz County Soquel

95073

Not Listed for Sale

MultiFamily

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