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Closed
- Listed price
- $599,000
- Listed Aug 22, 2013
- Sold price
- $500,000
- Sold Nov 7, 2014
24,054 sqft lot00|359 MLS days on market
428 N 2nd St, King City, CA 93930
Property Description
Marketing Remarks: Perfect 1031 Tax Deferred Exchange income property. Seller says currently rented as 10 separate units, but with some upgrades will rent as 11 units. Seller has recently done some painting, electrical, plumbing, sheetrock and flooring upgrades to several units. Seller says current cap rate with 10 units rented is nearly 8.81%, but should be closer to 11.1% with the eleventh unit rented. Several units have carports that could possibly be converted to additional bedrooms. (Buyer to do their own investigations into permitting.) Tenant parking in complex and on street. These apartments are near jobs, school, bus stop and places of worship. Seller says long record of occupancy and rare vacancies are typically full within the month. Please don't disturb the tenants. Seller financing possible with significant down payment.
Listing agent: Kyler HamannDRE #01474742kylerh@remax.net, Listing office: Re/Max Parkside Real Estate
MLS data updated 11/3/2026, 7:00:02 AM PT
Source: CRMLSMLS #: AT199854
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$500,000
Nov 7, 2014
Available records32013–2014
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 93930 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 93930 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.