NOT LISTED FOR SALE
41 Beds
2 Baths
13,124 Sq Ft
0.48 Acres

Last Sold November 26, 2013

Last sale price $2,550,000 $194 Per Sq Ft

329 Days on Market

Highlights

  • 20,732 Sq Ft lot
  • Built-In Features
  • 4-minute walk to Marlow Park

About This Home

As of November 2013

Great rental location. Excellent unit mix of (19) 2-bedroom / 1-bath units and (1) 3-bedroom / 1-bath unit, all individually metered for gas and electricity. Building runs at 95% or better occupancy. No rent control with rent upside. Existing loan to be assumed by Buyer. Contact listing agent for full details. Please do not contact on-site manager or tenants.

Last Agent to Sell the Property

Juan Cardenas

Remax Commercial and Investment Realty License #01233927 Listed on: 11/14/2012

Last Buyer's Agent

JENNIFER LEE

License #01863579

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.48

Interior Spaces

  • 41 Bedrooms
  • 13,124 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Leased Washer and Dryer

Parking

  • 20 Parking Spaces
  • Carport

Additional Features

  • 0.48 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 20 Units

Listing and Financial Details

  • Assessor Parcel Number 6328-014-023

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0.48 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Living Area: 13124
  • Stories: 2
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 41
  • Laundry Equipment: Lease
  • Equipment: Built-Ins
  • Price Per S Q F T: 205.73

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 20

Utilities

  • Heating: Wall Gas
  • Number Electric Meters: 20
  • Number Gas Meters: 20

Lot Info

  • Assessed Improvement Value: 1673199
  • Assessed Land Value: 784311
  • Assessor Parcel Number: 6328-014-023
  • Lot Size Area: 20732

Rental Info

  • Monthly Gross Income: 21655.00
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.20
  • Number Of Units: 20
  • Rent Control: No
  • Type Of Units: 20 Units
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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
11/26/2013 11/26/13 Sold $2,550,000 -5.6% $194 / Sq Ft
10/09/2013 10/09/13 Pending -- -- --
11/14/2012 11/14/12 For Sale $2,700,000 -- $206 / Sq Ft
Source: The MLS

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 $40,791 $3,125,940 $980,685 $2,145,255
2024 $40,791 $3,064,648 $961,456 $2,103,192
2023 $40,845 $3,004,557 $942,604 $2,061,953
2022 $39,480 $2,945,645 $924,122 $2,021,523
2021 $38,125 $2,887,888 $906,002 $1,981,886
2020 $37,861 $2,860,978 $896,713 $1,964,265
2019 $36,693 $2,804,934 $879,131 $1,925,803
2018 $37,385 $2,749,990 $861,894 $1,888,096
2016 $35,698 $2,640,612 $828,427 $1,812,185
2015 $33,604 $2,600,949 $815,984 $1,784,965
2014 $33,242 $2,550,000 $800,000 $1,750,000
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 12-635925

The MLS
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