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1770 W Evan Hewes Highway

Seeley, CA 92273

– beds
– baths
– sqft
~3/4 acre lot
2008 build
– on site

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12 units each 2+1 of about 832 sq.ft. Pro forma rents $625 each = $90,000 GSI. Expenses & reserves estimate $24,867 per year. 2 buildings, 2-story, stucco frame total 9981 sq.ft. Lot 27273 sq.ft. with 28 parking spaces. Near new built 2008 only 6 years old. Modern superior quality units with sprinklers and modern built-ins. Very good location and high occupancy rate. Great real cash flow income potential with minimal maintenance. On highway near major government employers in area and near to I-8. REO, no seller financing, as-is sale by foreclosing lender. Make offer on CAR form. Location Description: Large level 27237 sq.ft. lot with 28 parking spaces. On Evan Hewes Hwy (Hwy 80) near I-8 and government employers. Financial Notes: No financing provided by seller, foreclosing lender. REO. Pro forma Note: Financials consider tax basis after new sale: $7014 estimated. 2013 tax $9839. 1.2% rate used. Expenses rate 34%. 97% occupancy factor used.

Listed By CRMLS_CA / DeAnn Clark / T.R.E.O.

Last checked: Checking… • Last updated Oct 24, 2024 •

MLS# OC14052894 —

The Building

Year Built:

2008
Year Built Source:

Assessor
Construction Materials:

Stucco
Architectural Style:

Contemporary
Roof:

Composition
Foundation:

Slab
Common Walls:

2+ Common Walls
Building Area Total:

9981.00
# of Buildings:

2
Total Number Of Units:

12
Stories Total:

2
# of Separate Gas Meters:

12
# of Separate Water Meters:

5
# of Separate Electric Meters:

12

Interior

Fireplace:

Yes
Fireplace:

Bath
Laundry:

Area, Gas & Electric Dryer Hookup, Outside, Washer Hookup
Laundry:

1

Location

Directions:

1-8, then north on Drew Rd, then east on Evan Hewes Hwy (Hwy 80)

The Property

Zoning:

R8x
Lot Features:

Lot-Level/Flat, Lot Shape-Irregular, Lot 20000-39999 Sqft
Lot Size SqFt:

27273.00
Lot Size Source:

Assessor
Security Features:

Fire Sprinklers
Road Frontage:

City Street, Highway
Property Attached:

1

Listing Agent

Contact info:

Taxes

Tax Block:

11
Taxes Percent:

1.10
Tax Year:

2013
Tax Tract:

65
Tax Lot:

25
Tax Rate:

1.20

The Listing

Special Listing Conditions:

Real Estate Owned
Parcel Number:

051212018000

Heating & Cooling

Heating:

1
Heating:

Central Furnace
Cooling:

Yes
Cooling:

Central

Utilities

Sewer:

Unknown
Electric:

220V In Laundry
Water Source:

Public

The Community

Senior Community:

No
Features:

Curbs
Pool:

None
Private Pool:

No
Association:

No
Assessments:

Buyer to Assume, Buyer to Verify, Sewer Assessments, Sewer Bonds, Special Assessments

Parking

Parking:

Yes
Parking:

Driveway - Asphalt, Off Street, Parking Space, Unassigned
Parking Spaces:

28.00

Extra Units

Average 2 Bed Area:

832

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Sale history

Date	Event	Source	Price	% Change
6/20/14 Jun 20, 2014	Sold	CRMLS_CA	$579,500

Multifamily Sold on 6/20/2014

– Foreclosure

$579,500

Listing provided by broker:

DeAnn Clark

T.R.E.O.

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Listing Courtesy of: CRMLS_CA and T.R.E.O.. Based on information from California Regional Multiple Listing Service, Inc. as of 14:35 on Nov 05.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

1770 W Evan Hewes Highway

Seeley, CA 92273