NOT LISTED FOR SALE
64 Beds
64 Baths
27,260 Sq Ft
80,612 Sq Ft

Last Sold December 31, 2020

Last sale price $3,350,000 $123 Per Sq Ft

Highlights

  • 1.85 Acre Lot
  • Private Yard
  • Living Room
  • Traditional Architecture
  • No HOA
  • Resident Manager or Management On Site

About This Home

As of December 2020

32 Unit Apartment Complex All 2 Bed/2 Bath w/Garage & Washer/Dryer Hook-ups, Management Office, Common Laundry Room, and Maintenance Shed.

Last Agent to Sell the Property

Christopher Hodges

Lodestone Real Estate License #02038259 Listed on: 01/05/2021

Co-Listed By

Michelle Hodges

Rising Realty Group License #01906710

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • 1.85 Acre Lot
  • Two or More Common Walls
  • Fenced
  • Fence is in average condition
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is 31-35 Units/Acre
  • 46303065

Parking

  • 40 Open Parking Spaces
  • 32 Car Garage
  • Parking Available
  • Single Garage Door
  • Guest Parking
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Split Level Home
  • Apartment
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 27,260 Sq Ft Home
  • Blinds
  • Living Room

Kitchen

  • Electric Oven
  • Gas Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 64 Bedrooms
  • 64 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Closed Circuit Camera
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 3003
  • Assessor Parcel Number 46303055

Community Details

Overview

  • No Home Owners Association
  • 8 Buildings
  • 32 Units

Recreation

  • Bike Trail

Building Details

  • 32 Separate Electric Meters
  • 32 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $6,000
  • Gardener Expense $3,200
  • Insurance Expense $16,000
  • Maintenance Expense $28,000
  • Other Expense $12,000
  • Pest Control $3,000
  • Professional Management Expense $22,984
  • Trash Expense $7,000
  • Water Sewer Expense $13,000
  • New Taxes Expense $41,500
  • Operating Expense $152,684
  • Gross Income $376,800
  • Net Operating Income $205,926

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1985 | Remodeled

Lot Details

1.85 Acres

Parking

32

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 22984.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Resident Manager, Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 13000.00
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 3200.00
  • Parcel Number: 46303055
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Multi/Split
  • Price Per Square Foot: 122.89
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Other Structures: Storage
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Wood Siding

Garage/Parking

  • Garage Spaces: 32.00
  • Parking: Yes
  • Parking Features: Assigned, Paved, Garage - Single Door, Guest
  • Total Parking Spaces: 72.00
  • Uncovered Spaces: 40.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Gas Range
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Washer Hookup
  • Pest Control Expense: 3000.00
  • Sewer: Public Sewer
  • Trash Expense: 7000.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 46303065
  • Land Lease: No
  • Lot Features: 31-35 Units/Acre, Back Yard, Front Yard, Landscaped, Lawn, Lot Over 40000 Sqft, Paved, Sprinkler System, Yard
  • Lot Size Sq Ft: 80613.00
  • Lot Size Acres: 1.8506

Multi Family

  • Electric Expense: 6000.00
  • Gross Income: 376800.00
  • Gross Scheduled Income: 376800.00
  • Insurance Expense: 16000.00
  • Lot Size Area: 80613.0000 Square Feet
  • Maintenance Expense: 28000.00
  • Net Operating Income: 205926.00
  • Number Of Separate Electric Meters: 32
  • Number Of Separate Gas Meters: 32
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 32
  • Operating Expense: 152684.00
  • Other Expense: 12000.00
  • Other Expense Description: Payroll
  • Rent Control: No
  • Total Expenses: 152684.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 41500.00
  • Tax Lot: 33
  • Tax Tract Number: 003003
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
01/05/2021 01/05/21 For Sale $3,350,000 0.0% $123 / Sq Ft
12/31/2020 12/31/20 Sold $3,350,000 -- $123 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20215916

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.