For Sale
(MLS-listed)
$950,000
2109 DUMBARTON Ave East Palo Alto, CA 94303
| Beds: | - |
| Baths: | - |
| Sq. Ft.: | 7,078 |
| $/Sq. Ft.: | $134 |
| Lot Size: | 7,770 Sq. Ft. |
| Stories: | 2 |
| View: | Neighborhood |
| Year Built: | 1962 |
| Community: | East of U.S. 101 |
| County: | San Mateo |
| MLS#: | 80904798 |
| Source: | MLSListings |
| Status: | Active |
| On Redfin: | 282 days |
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The nine-unit apartment complex lies on the corner of Dumbarton and E Bayshore Ave. in East Palo Alto. There's an opportunity to capitalize on some under-market rents in an area with a strong rental history. With a recent reduction in price to $950k, this becomes a cashflow monster. Current rent will give the owner well over $100k per year!
Laundry Information
- Common Utility Room
Building Information
- # of Units (Total): 9
- Concrete Perimeter & Slab Foundation
- Tar and Gravel Roof
Multi-Family Information
- 1 Bedroom Unit(s)
- # of Studio Units: 1
- Min Size for a Studio Unit: 500
- Max Size for a Studio Unit: 500
- Min Rent for a Studio Unit: $800
- Max Rent for a Studio Unit: $800
- # of 1 Bed 1 Bath Units: 8
- Min Size for a 1 Bed 1 Bath Unit: 625
- Max Size for a 1 Bed 1 Bath Unit: 625
- Min Rent for a 1 Bed 1 Bath Unit: $837
- Max Rent for a 1 Bed 1 Bath Unit: $1,250
- Vacancy Factor: 3
- Vacancy Amount: 2956
- Existing Rental Terms: Month-to-Month Rental(s)
- Existing Rental Terms: Lease(s) 1+ Years
Property Information
- # of Buildings: 1
- Zoning: R3
Expense Information
- Garbage
- Insurance
- Maintenance and Repairs
- Property Tax
- Sewer
- Vacancy Factor
- Water
- Electric
- Insurance: $2,300
- Landscape: $1,284
- Maintenance: $3,852
- Miscellaneous: $800
- Utility: $3,000
- Water/Sewer: $6,780
- Total: $28,961
- Owner Pays Garbage
- Owner Pays Gardener
- Tenant Pays Heating
- Tenant Pays Cable TV
- Tenant Pays Electric
Heating & Cooling
- Central Forced Air Heat
Parking Information
- Private Garage
- 1 Space Per Unit
Lot Information
- Corner Lot
- Parcel Number: 063-155-190
Community Information
- 5-12 Units
- Complex/Park Name: Palo Alto Park
School Information
- Elementary District: Ravenswood City Elementary
- High School District: Sequoia Union High
Utility Information
- City/Public Water
- Sewer in and Connected
- Individual Electric Meter
- Individual Gas Meter
- Individual Water Meter
Property Features
- Carpets (All Units)
- Diswasher (All Units)
- Disposal (All Units)
- Electronic Security System
Location Information
- Cross Street: E Bayshore
Financial Information
- Tax Amount: $10,945
- Gross Rent Multiplier: 9.64
- Laundry Income: $3,600
- Rental Income: $94,920
- Net Income: $66,603
- Gross Scheduled Income: $98,520
- Gross Annual Income: $95,564
- Gross Annual Income Includes: Laundry
- Gross Annual Income Includes: Rents
- Capitalization Rate: 7.0110000000
- Financial Information Source: Owner
Listing Information
- AVM: Allow AVM
- Commenting: Allow Commenting
Listing last changed
July 27, 2009, 10:00 AM
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Overhead View of 2109 DUMBARTON Ave, East Palo Alto, CA 94303
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Property History for 2109 DUMBARTON Ave
| Date | Event | Price | Appreciation | Source |
|---|---|---|---|---|
| Jan 29, 2009 | Listed | $950,000 | -- | MLSListings #80904798 |
| Aug 01, 2003 | Sold (Public Records) | $1,000,000 | 6.2%/yr | Public Records |
| Jun 13, 2001 | Sold (Public Records) | $880,000 | 39.6%/yr | Public Records |
| Jun 09, 1999 | Sold (Public Records) | $450,000 | 19.2%/yr | Public Records |
| Oct 26, 1994 | Sold (Public Records) | $200,000 | -- | Public Records |
NOTICE: There are past MLS listings for this property which are not being shown. In order to see these listings, MLS Rules require that you Sign In.
Public Facts for 2109 DUMBARTON Ave
| Beds: | 9 |
| Baths: | 9.0 |
| Finished Sqft: | 7078 |
| Unfinished Sqft: | - |
| Total Sqft: | 7078 |
| Floors: | 2 |
| Lot Size: | 7,770 |
| Style: | Multi-Family (2-4 Unit) |
| Year Built: | 1962 |
| Year Renovated: | - |
| County: | San Mateo County |
| APN: | 063155190 |
| Last Updated: | October 3, 2009 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $552,040 |
| Additions | $552,040 |
| Total | $1,104,080 |
| Tax (2009) | $16,799 |
Home Value Estimates for 2109 DUMBARTON Ave
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