4116 Loveridge Rd

Beds
Baths
23,592 Sq. Ft.
$77 / Sq. Ft.
23,592
Sq. Ft.
$77
per Sq. Ft.

Description

Excellent opportunity to obtain a large piece of cash-flow real estate in a well- established neighborhood across from a Raley’s Anchored Shopping Center. The 30-unit property sits on a large 42,688-square foot lot and consists of five buildings.Excellent opportunity to obtain a large piece of cash-flow real estate in a well- established neighborhood across from a Raley’s Anchored Shopping Center. The 30-unit property sits on a large 42,688-square foot lot and consists of five buildings.
  1. Listed by Jon Holmquist • DRE #01257479 • Marcus & Millichap

Property Details for 4116 Loveridge Road

City
PITTSBURG
Building Type
Lowrise (1-3 Flrs)
Property Sub Type
Lowrise (1-3 Flrs)
Garage Spaces
0
Garage/Parking
Parking Area
Total # Parking Spaces
42
LISTING CLOSED: 07/25/2012 12:00 AM

Property Details for 4116 Loveridge Road

StatusSold
MLS #40578015
Days on Compass22
Taxes$21,339 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1973
Lot Size0.98 AC / 42,689 SF
CountyContra Costa County

Location

Listing Courtesy of Marcus & Millichap, Jon Holmquist, DRE #01257479

Sold By Marcus & Millichap Real Estate, Brandon Geraldo, DRE #01462707

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Building Information for 4116 Loveridge Road

Stories-Residences30Year Built1973Building Size-Lot Size0.98 AC / 42,689 SF

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$10,798 per month

30 year fixed, 6.36% Interest

Principal and Interest

$9,019

Property Taxes

$1,778

HOA Dues

$0

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Property Information for 4116 Loveridge Road

Features
Feature Details
  • Flooring: Linoleum, Partial Carpeting
Room Details
  • Rooms Total: 0
  • Bathrooms Total Count: 0.0
  • Bathrooms Half: 0
Utility Details
  • Cooling: Other
  • Heating: Gas
  • Water/Sewer: Sewer System - Public
Lot / Property Details
Home Owners Association
  • HOA: No
  • HOA Dues: $.00
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: No
  • Exterior: Stucco
  • Lot Description: Corner
  • Lot Sq Ft Apx: 42689
  • Lot Size Square Feet: 42689.0
  • Roof: Other
  • Sq Ft Apx: 23592
  • Stories: 0.0
  • Year Built: 1973
Location Details
  • FIPS Code: 06013
  • Census Tract: 0
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 30
  • Basement: Other
  • Tenant Pays: Cable TV, Electric, Gas
  • Total Deposits: $0
  • Financial Data Source: Other
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: Balcony/Patio
  • Apx Lot Acres: 1
  • On Site Parking Description: Parking Area
  • Tot Ann Oper Exp: 138157.0
  • Total Deposits: 0
Income / Expense Details
  • Annual Exp Year: 138157
  • Annual Gross Sched Income: $0
  • Annual Insurance Expense: $10,575
  • Annual License Expense: $0
  • Annual Maint Expense: $22,500
  • Annual Mgmt Expense: $0
  • Annual Misc Income: $0
  • Annual Rent Income: $0
  • Annual Taxes: $21,339
  • Annual Util Expense: $0
  • Annual Vacancy: 7.0
  • Gross Income: $337,800
  • Gross Operating Actual Income: $0
  • Gross Rent Multiplier: 5.41
  • Net Operating Income: $175,997
  • Other Annual Expense: $0
Other Financial Information
  • Cap Rate: 9.78
  • Existing Loan: None
  • Ocpnt Req 24 Hr: No
Additional Information
Additional Information
  • Fireplace: No

Property History for 4116 Loveridge Road

DateEvent & SourcePriceAppreciation
Jul 25, 2012

Sold

EBRD #40578015

$1,810,000
Jul 25, 2012

Sold

RESFAR #40578015

$1,810,000
Jul 25, 2012

Sold

MLSListings #EB40578015

$1,810,000
DateEvent & SourcePrice
07/25/2012

Sold

EBRD #40578015

$1,810,000
07/25/2012

Sold

RESFAR #40578015

$1,810,000
07/25/2012

Sold

MLSListings #EB40578015

$1,810,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 4116 Loveridge Road

This home is within Pittsburg Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Stoneman Elementary School
PublicK to 5

Hillview Junior High School
Public6 to 8

Pittsburg Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Jon Holmquist, DRE #01257479

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.