NOT LISTED FOR SALE
6 Beds
4 Baths
33,744 Sq Ft
1.56 Acres

Last Sold October 23, 2017

Last sale price $1,450,000 $43 Per Sq Ft

Highlights

  • Private Pool
  • Contemporary Architecture
  • Ceramic Countertops
  • 1.56 Acre Lot
  • 15 Car Detached Garage
  • Tile Flooring

About This Home

As of October 2017

Vista Del Loma Apartments are 100% occupied. The unit mix is; Thirty two large 2 bed/1 bath, Two 1 bed/ 1 bath, and one spacious 3 bed/2 bath unit. Nice courtyard area, mature landscaping, and pool.The neighborhood has beautiful custom homes on 1/2 acre lots. Located in the popular Sunnyside Area

Last Agent to Sell the Property

Larry Mueller

RE/MAX Gold Redwood Shores. License #00341576 Listed on: 06/29/2017

RE/MAX Gold Redwood Shores.

Last Buyer's Agent

Khoa Le

Akimax Lending License #01432477

Property Details

Home Type

  • Multi-Family

Year Built

  • 1975

Lot Details

  • 1.56 Acre Lot
  • Level Lot

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 33,744 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Parking

  • 15 Car Detached Garage
  • 25 Carport Spaces
  • Off-Street Parking

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $278,820

Community Details

Building Details

  • 35 Leased Units
  • Gardener Expense $2,269
  • Insurance Expense $12,000
  • Maintenance Expense $22,088
  • Manager Expense $12,846
  • Utility Expense $19,150
  • Trash Expense $8,087
  • Operating Expense $101,740
  • Gross Income $258,929

Additional Features

  • 33,744 Sq Ft Building
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

1975

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Multiple Dwellings / Structures
  • Style: Contemporary
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 33744
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Ceramic, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range, Refrigerator
  • Living Sq Ft: 33744
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • Pool: Pool - Fenced, Pool - In Ground
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Parking Spaces: 15
  • Garage Parking Features: Covered Parking, Detached Garage, Off-Street Parking
  • Carport Min: 25

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 1.5600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 67953.60
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 67953.60

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Lease(s), Less Than 1 Yr, Month To Month, Security Deposit
  • Gross Rent Multiplier: 8.53
  • Number Of Leased: 35

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 12000
  • Expense Landscape: 2269
  • Expense Maintenance: 22088
  • Expense Management: 12846
  • Expenses Total: 101740
  • Expenses Utility: 19150
  • Expense Trash: 8087
  • Income Annual Gross: 258929.00
  • Income Annual Rental: 278820
  • Income Gross Scheduled: 281445
  • Income Includes: Laundry, Rents
  • Income Other: 2625
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 6
  • Operating Expenses Include: Accounting/Legal, Fee - License/Advertising, Fee - Professional Services, Fee - Property Management, Insurance, Maintenance - Capital Improvements, Maintenance - Exterminator, Maintenance - Laundry, Maintenance - Pool/Spa, Maintenance - Repair, Salary Employee(s), Services - Gardener, Services - On-Site Manager, Services - Sewer, Services - Trash Removal, Supplies, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 8
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
10/23/2017 10/23/17 Sold $1,450,000 -39.6% $43 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $2,400,000 -- $71 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

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 $9,325 $757,700 $67,109 $690,591
2023 $9,149 $728,279 $64,504 $663,775
2022 $8,858 $714,000 $63,240 $650,760
2021 $8,615 $700,000 $62,000 $638,000
2020 $6,738 $541,007 $60,343 $480,664
2019 $6,610 $530,400 $59,160 $471,240
2018 $6,470 $520,000 $58,000 $462,000
2017 $4,786 $380,000 $55,000 $325,000
2016 $4,480 $360,000 $55,000 $305,000
2015 $4,000 $320,000 $50,000 $270,000
2014 $4,004 $320,000 $50,000 $270,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Source: MLSListings

MLS Number: ML81668060

MLSListings