Description
Pride of ownership 4 unit with long term tenants. This 4 unit property is so unique that you will not find another one like it in the area. 1) It sits on .9 acres of land meaning you have the opportunity for future development of additional units. 2) the rents are under market meaning you have ample ability to increase cash flow year over year for the immediate future. 3) It has an onsite laundry room with owned machines. No more messing around with a 3rd party leasing company who takes a majority of the profits for themselves. 4) Property has garages but tenants do not use them and is not included in the rent. Immediate opportunity to increase income by renting out garages for storage to the tenants. 5) Property has been owned by a single family for almost 40 years and can tell you everything that has been replaced during that time. 6) Listed under price per unit comparables, seller wants it sold before the end of the year.
Details
| MLS# | 529594 |
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| Listing Type | For Sale |
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| Sub-Type | Resale |
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| Status | Pending |
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| Year | 1950 |
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| Days On Site | 124 |
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Features
| Units | 4 |
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| Building(s) | 1 |
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| Property View | City, Desert |
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| Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
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| Date: Feb 2021 | Sales: 3 | Avg $ Per SqFt: $236.54 | Min Sale Price: $38,000 | Max Sale Price: $325,000 | Med Sale Price: $52,500 |
| Date: Jan 2021 | Sales: 33 | Avg $ Per SqFt: $160.6 | Min Sale Price: $2,100 | Max Sale Price: $425,000 | Med Sale Price: $270,000 |
| Date: Dec 2020 | Sales: 8 | Avg $ Per SqFt: $164.68 | Min Sale Price: $22,000 | Max Sale Price: $440,000 | Med Sale Price: $57,500 |
| Date: Nov 2020 | Sales: 33 | Avg $ Per SqFt: $179.03 | Min Sale Price: $20,000 | Max Sale Price: $620,000 | Med Sale Price: $278,000 |
| Date: Oct 2020 | Sales: 65 | Avg $ Per SqFt: $175.15 | Min Sale Price: $9,000 | Max Sale Price: $551,000 | Med Sale Price: $297,500 |
| Date: Sep 2020 | Sales: 63 | Avg $ Per SqFt: $163.93 | Min Sale Price: $17,500 | Max Sale Price: $680,000 | Med Sale Price: $283,000 |
| Date: Aug 2020 | Sales: 62 | Avg $ Per SqFt: $163.12 | Min Sale Price: $13,500 | Max Sale Price: $575,000 | Med Sale Price: $283,750 |
| Date: Jul 2020 | Sales: 65 | Avg $ Per SqFt: $166.32 | Min Sale Price: $16,000 | Max Sale Price: $725,000 | Med Sale Price: $258,000 |
| Date: Jun 2020 | Sales: 43 | Avg $ Per SqFt: $155.43 | Min Sale Price: $15,000 | Max Sale Price: $760,000 | Med Sale Price: $265,000 |
| Date: May 2020 | Sales: 42 | Avg $ Per SqFt: $158.67 | Min Sale Price: $7,500 | Max Sale Price: $459,000 | Med Sale Price: $279,250 |
| Date: Apr 2020 | Sales: 40 | Avg $ Per SqFt: $1480.84 | Min Sale Price: $15,000 | Max Sale Price: $10,000,000 | Med Sale Price: $240,000 |
| Date: Mar 2020 | Sales: 57 | Avg $ Per SqFt: $156.42 | Min Sale Price: $15,000 | Max Sale Price: $840,000 | Med Sale Price: $265,000 |
| Feb 2021 |
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| Sales: | 3 |
| Avg $ Per SqFt: | $236.54 |
| Min Sale Price: | $38,000 |
| Max Sale Price: | $325,000 |
| Med Sale Price: | $52,500 |
| Jan 2021 |
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| Sales: | 33 |
| Avg $ Per SqFt: | $160.6 |
| Min Sale Price: | $2,100 |
| Max Sale Price: | $425,000 |
| Med Sale Price: | $270,000 |
| Dec 2020 |
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| Sales: | 8 |
| Avg $ Per SqFt: | $164.68 |
| Min Sale Price: | $22,000 |
| Max Sale Price: | $440,000 |
| Med Sale Price: | $57,500 |
| Nov 2020 |
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| Sales: | 33 |
| Avg $ Per SqFt: | $179.03 |
| Min Sale Price: | $20,000 |
| Max Sale Price: | $620,000 |
| Med Sale Price: | $278,000 |
| Oct 2020 |
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| Sales: | 65 |
| Avg $ Per SqFt: | $175.15 |
| Min Sale Price: | $9,000 |
| Max Sale Price: | $551,000 |
| Med Sale Price: | $297,500 |
| Sep 2020 |
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| Sales: | 63 |
| Avg $ Per SqFt: | $163.93 |
| Min Sale Price: | $17,500 |
| Max Sale Price: | $680,000 |
| Med Sale Price: | $283,000 |
| Aug 2020 |
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| Sales: | 62 |
| Avg $ Per SqFt: | $163.12 |
| Min Sale Price: | $13,500 |
| Max Sale Price: | $575,000 |
| Med Sale Price: | $283,750 |
| Jul 2020 |
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| Sales: | 65 |
| Avg $ Per SqFt: | $166.32 |
| Min Sale Price: | $16,000 |
| Max Sale Price: | $725,000 |
| Med Sale Price: | $258,000 |
| Jun 2020 |
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| Sales: | 43 |
| Avg $ Per SqFt: | $155.43 |
| Min Sale Price: | $15,000 |
| Max Sale Price: | $760,000 |
| Med Sale Price: | $265,000 |
| May 2020 |
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| Sales: | 42 |
| Avg $ Per SqFt: | $158.67 |
| Min Sale Price: | $7,500 |
| Max Sale Price: | $459,000 |
| Med Sale Price: | $279,250 |
| Apr 2020 |
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| Sales: | 40 |
| Avg $ Per SqFt: | $1480.84 |
| Min Sale Price: | $15,000 |
| Max Sale Price: | $10,000,000 |
| Med Sale Price: | $240,000 |
| Mar 2020 |
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| Sales: | 57 |
| Avg $ Per SqFt: | $156.42 |
| Min Sale Price: | $15,000 |
| Max Sale Price: | $840,000 |
| Med Sale Price: | $265,000 |
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