NOT LISTED FOR SALE
21 Beds
4 Baths
12,940 Sq Ft
1.39 Acres

Last Sold May 14, 2015

Last sale price $1,875,000 $145 Per Sq Ft

138 Days on Market

Highlights

  • Attached Garage
  • Garden
  • Laundry Facilities
  • Outdoor Grill
  • Landscaped

About This Home

As of May 2015

**PRICE REDUCTION** 8% cap rate on in-place income. 21 units - 1 BDR x 1 Bath with abundant parking. Single store duplex cottages. Immediate access to I-80. Bedroom Community to Bay Area. Possible Redevelopment.

Last Agent to Sell the Property

Tyler Sheldon

Inactive Office License #01200193 Listed on: 11/01/2014

Last Buyer's Agent

Tyler Sheldon

Inactive Office License #01200193 Listed on: 11/01/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 1.39 Acre Lot
  • Landscaped
  • Garden

Home Design

  • 12,940 Sq Ft Home
  • Garden Apartment
  • Slab Foundation
  • Composition Roof

Parking

  • Attached Garage
  • Uncovered Parking

Outdoor Features

  • Outdoor Grill

Utilities

  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 0129-301-140

Community Details

Overview

  • 11 Buildings
  • 21 Units

Additional Features

  • Laundry Facilities
  • Gross Income $208,020

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Garden Apartments
  • Directions To Property: Interstate 80 to Lincoln Hwy / E Monte Vista Ave to 209 Brown Street
  • Lot Size Acres: 1.3900
  • CapRate: 7.75
  • Signs: No
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 144.90
  • Square Footage: 12940
  • NumberOfBuildings: 11

Exterior Features

  • Foundation: Slab
  • Lot Features: Central BBQ, Court, Garden, Landscape Back
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Uncovered

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Natural Gas
  • Laundry Features: Coin Operated, In Common Area
  • Separate Meters: Electricity, Gas, Water

Lot Info

  • Assessor Parcel Number: 0129-301-140
  • Lot Size Sq Ft: 60548

Building Info

  • Year Built: 1964

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 850-1000
  • Number Of1 Bedrooms Occupied: 21
  • Number of 1 Bedroom Units: 21
  • NumberOfUnitsTotal: 21
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Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2015 05/14/15 Sold $1,875,000 0.0% $145 / Sq Ft
03/19/2015 03/19/15 Pending -- -- --
11/01/2014 11/01/14 For Sale $1,875,000 -- $145 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $36,170 $3,151,336 $613,531 $2,537,805
2024 $36,170 $3,096,420 $601,501 $2,494,919
2023 $35,318 $3,028,967 $589,707 $2,439,260
2022 $34,399 $2,969,577 $578,147 $2,391,430
2021 $34,465 $2,911,351 $566,811 $2,344,540
2020 $34,007 $2,881,500 $561,000 $2,320,500
2019 $33,415 $2,825,000 $550,000 $2,275,000
2018 $23,634 $1,980,496 $538,694 $1,441,802
2017 $22,847 $1,941,664 $528,132 $1,413,532
2016 $22,789 $1,903,593 $517,777 $1,385,816
2015 $20,397 $1,700,000 $510,000 $1,190,000
2014 -- $1,575,000 $488,000 $1,087,000
Source: Public Records

Agents Affiliated with this Home

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21424896

Bay Area Real Estate Information Services (BAREIS)
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