1309 Montego

Walnut Creek, CA 94598

$1,890,000
Last Sold Price
4
Beds
6
Baths
3,940 Sq. Ft.
$480 / Sq. Ft.
3,940
Sq. Ft.
$480
per Sq. Ft.

Description

Extremely rare opportunity to purchase a well maintained Walnut Creek fourplex in a prime location next to a world-class medical facility. The fourplex is one of 23 multi-residential buildings, on separate parcels, that collectively form the San Marco Apartments - a total of 84 units. The Association offers professional mgmt which includes an on-site presence, and rental, maintenance, and bookkeeping options for the owners. All units are approximately 985 SF, 2 story loft style, with 1 bedroom and...Extremely rare opportunity to purchase a well maintained Walnut Creek fourplex in a prime location next to a world-class medical facility. The fourplex is one of 23 multi-residential buildings, on separate parcels, that collectively form the San Marco Apartments - a total of 84 units. The Association offers professional mgmt which includes an on-site presence, and rental, maintenance, and bookkeeping options for the owners. All units are approximately 985 SF, 2 story loft style, with 1 bedroom and 1.5 baths. All have private ground floor patios and a dedicated covered parking spot. There is ample guest and street parking. The rents range from $1850-1995. There is a pool, rec room, and shared laundry facility available. The property’s location is in one of Walnut Creek’s most coveted neighborhoods. It is within walking distance to dining, shopping, exceptional parks, and public transportation. Public schools in the catchment area are considered to be among the finest in the Bay Area.

Listing Agent

  1. Jeff Bruno

    Jeff Bruno

    Listing Agent

    Compass

    DRE #00863829

    jeff.bruno@compass.com

    P: 925.789.0987

Property Details for 1309 Montego

City
WALNUT CREEK
Dist Neighborhood Subdiv
SAN MARCO
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage Spaces
0
Garage/Parking
Covered Parking
Park Spaces Total
4
Total # Parking Spaces
4

Location

Listing Courtesy of Compass, Jeff Bruno, DRE #00863829; Compass, Anne Treacy Johnson, DRE #00863829

Sold By Kinetic Real Estate, Fareed Tawasha, DRE #01421971

Add your commute
LISTING UPDATED: 06/04/2021 07:22 PM

Property Details for 1309 Montego

StatusSold
MLS #40947539
Days on Compass5
Taxes$5,403 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1969
Lot Size0.09 AC / 3,967 SF
CountyContra Costa County

Location

Listing Courtesy of Compass, Jeff Bruno, DRE #00863829; Compass, Anne Treacy Johnson, DRE #00863829

Sold By Kinetic Real Estate, Fareed Tawasha, DRE #01421971

Add your commute

Building Information for 1309 Montego

Stories-Residences4Year Built1969Building Size-Lot Size0.09 AC / 3,967 SF

Payment Calculator

$10,765 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,315

Property Taxes

$450

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1309 Montego

Features
Feature Details
  • Flooring: Carpet
Room Details
  • Rooms Total: 0
  • Bathrooms Total Count: 0.0
  • Bathrooms Half: 0
Utility Details
  • Cooling: Central 2 Or 2+ Zones A/C
  • Heating: Forced Air 1 Zone
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Club House, Community Pool, Recreation Room
  • HOA Dues: $.00
Property Details
  • Additional Equipment: Water Heater Gas, Window Coverings
  • City Transfer Tax: No
  • Complex Name: SAN MARCO
  • Exterior: Stucco
  • Lot Description: Regular
  • Lot Sq Ft Apx: 3967
  • Lot Size Square Feet: 3967.0
  • Roof: Unknown
  • Sq Ft Apx: 985
  • Stories: 0.0
  • Yard Description: Fenced, Patio
  • Year Built: 1969
  • Acres: 0.09
Location Details
  • Elementary School District: San Ramon Valley (925) 552-5500
  • Directions to Property: Ygnacio Valley Road to Montego
  • FIPS Code: 06013
  • Parcel Number: 140-350-017
  • Printed Neighborhood Rpt: No
  • Board ID: CONTRA COSTA
Multi Family Information
General Details
  • Units Total: 4
  • Basement: None
  • Parking Description: Covered Parking
  • Separate Meters: Electric, Gas
  • Existing Lease Terms: Written Agreement
  • Tenant Pays: Cable TV, Electric, Gas
  • Financial Data Source: Property Manager
Income / Expense Details
  • Annual Expense Year: 2020
  • Annual Taxes $: $5,403
  • Annual Gross Fee Income: $91,942
  • Annual Gross Sched Income: $95,760
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $91,942
  • Gross Oper Income (Act): $91,942
  • Net Operating Income: $66,475
  • Annual Insurance Expense: $2,277
  • Annual License Expense: $99
  • Annual Maintance Expense: $1,780
  • Annual Management Expense: $5,927
  • Annual Total Oper Expense: $25,467
  • Annual Utility Expense: $99
  • Annual Vacancy Expense: $0
  • Operating Expenses: Garbage Collection, Insurance, Maintenance/Repair, Management, Trash Removal, Vacancy Factor, Other
  • Other Annual Expense: $99
Unit 1 Details
  • Unit #/Address - 1: 59
  • Occupied By 1: Tenant
  • Dining Room 1: No
  • Air Cond 1: Yes
  • Fireplace 1: Yes
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 1
  • Bathrooms 1: 1.5
  • Parking Spaces 1: 1
  • Apx Sq Ft 1: 985
  • Rent 1: 1850
Unit 2 Details
  • Unit #/Address - 2: 60
  • Occupied By 2: Vacant
  • Dining Room 2: No
  • Air Cond 2: Yes
  • Fireplace 2: Yes
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 1
  • Bathrooms 2: 1.5
  • Parking Spaces 2: 1
  • Apx Sq Ft 2: 985
  • Rent 2: Vacant
Unit 3 Details
  • Unit #/Address - 3: 61
  • Occupied By 3: Tenant
  • Dining Room 3: No
  • Air Cond 3: Yes
  • Fireplace 3: Yes
  • Refrigerator 3: Yes
  • Range/Oven 3: Yes
  • Bedrooms 3: 1
  • Bathrooms 3: 1.5
  • Parking Spaces 3: 1
  • Apx Sq Ft 3: 985
  • Rent 3: 1950
Unit 4 Details
  • Unit #/Address - 4: 62
  • Occupied By 4: Tenant
  • Dining Room 4: No
  • Air Cond 4: Yes
  • Fireplace 4: Yes
  • Refrigerator 4: Yes
  • Range/Oven 4: Yes
  • Bedrooms 4: 1
  • Bathrooms 4: 1.5
  • Parking Spaces 4: 1
  • Apx Sq Ft 4: 985
  • Rent 4: 1995
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Balcony/Patio, Clubhouse, In Ground Pool, Recreation
  • Total Deposits: 3850
Income / Expense Details
  • Gross Rent Multiplier: $0
Other Financial Information
  • Cap Rate: 0.0
Additional Information
Additional Information
  • Fireplace: No
  • Elementary School District: San Ramon Valley (925) 552-5500
  • High School District: San Ramon Valley (925) 552-5500

Property History for 1309 Montego

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1309 Montego

Taxable ValueLand$1,290,096Additions$676,260Total$1,966,356
Tax Record2023$24,445 ($2,037 / month)
Home Facts
Total Finished SqFt4,560 SqFtAbove Grade Finished SqFt4,560 SqFtStories1Lot Size3,967 SqFtStyleQuadraplexYear Built1969CountyCONTRA COSTAAPN140-350-017-4

Schools near 1309 Montego

This home is within Mt. Diablo Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 1 to 8
Rating
School
Distance
Bancroft Elementary School
PublicK to 5

Foothill Middle School
Public6 to 8

Northgate High School
Public9 to 12

Eagle Peak Montessori School
Charter1 to 8

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Jeff Bruno, DRE #00863829; Compass, Anne Treacy Johnson, DRE #00863829

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.