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

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
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 Compared to Growth

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)