NOT LISTED FOR SALE
7 Beds
8 Baths
4,520 Sq Ft
5,619 Sq Ft Lot

Last Sold November 27, 2012

Last sale price $1,200,000 $265 Per Sq Ft

15 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Facilities
  • No Heating
  • R. L. Stevenson Elementary School Rated A
  • Carpet

About This Home

As of November 2012

Looking for a great investment? Great income property close to Disney studios. No rent control. Well-maintained, low-maintenance building with newer roof and windows. Copper plumbing. 4 of 8 units have been remodeled. On-site laundry. All units are occupied. Do not disturb tenants.

Last Agent to Sell the Property

William Foley II

Made Realty Group License #01894652 Listed on: 09/12/2012

Last Buyer's Agent

Michael Shaar

License #01126958

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 5,614 Sq Ft Lot
  • Lot Dimensions are 50' x 110'

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 4,520 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Bathrooms

Parking

  • 9 Parking Spaces
  • Carport
  • Assigned Parking

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 9882
  • Assessor Parcel Number 2444022005

Community Details

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 9 Separate Water Meters
  • Electric Expense $1,440
  • Gardener Expense $840
  • Insurance Expense $3,391
  • Other Expense $660
  • Pest Control $360
  • Trash Expense $2,760
  • Gross Income $6,850
  • Net Operating Income $71,879

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

5,614 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 6.53
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 2444022005
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 265.49

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 9.00

Utilities

  • Heating: No
  • Laundry: No
  • Laundry Features: Community
  • Pest Control Expense: 360.00
  • Trash Expense: 2760.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 50' x 110'
  • Lot Size Sq Ft: 5614.00
  • Lot Size Acres: 0.1290

Multi Family

  • Electric Expense: 1440.00
  • Gross Income: 6850.00
  • Gross Multiplier: 13.38
  • Gross Scheduled Income: 82200.00
  • Insurance Expense: 3391.00
  • Lot Size Area: 5614.0000 Square Feet
  • Net Operating Income: 71879.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 9
  • Number Of Units Total: 8
  • Operating Expense: 10321.00
  • Other Expense: 660.00

Tax Info

  • Tax Area: 2530
  • Tax Lot: 16
  • Tax Tract Number: 9882
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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
11/27/2012 11/27/12 Sold $1,200,000 +9.1% $265 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
09/12/2012 09/12/12 For Sale $1,100,000 -- $243 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,861 $1,477,702 $960,509 $517,193
2024 $16,861 $1,448,728 $941,676 $507,052
2023 $16,689 $1,420,322 $923,212 $497,110
2022 $15,955 $1,392,473 $905,110 $487,363
2021 $15,883 $1,365,170 $887,363 $477,807
2019 $15,260 $1,332,481 $861,045 $471,436
2018 $15,103 $1,306,508 $844,162 $462,346
2016 $14,302 $1,248,280 $811,383 $436,897
2015 $14,020 $1,229,531 $799,196 $430,335
2014 $14,023 $1,205,447 $783,541 $421,906
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1204830

California Regional Multiple Listing Service (CRMLS)
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