Real Estate Math
A lot measures 1.5 acres. How many square feet is that?
A43,560 sq ft
B65,340 sq ft✓ Correct
C87,120 sq ft
D21,780 sq ft
Explanation
1 acre = 43,560 sq ft. 1.5 acres × 43,560 = 65,340 sq ft.
Related California Real Estate Math Questions
- A lot is 1.5 acres. How many square feet is it? (1 acre = 43,560 sq ft)
- A buyer makes a $75,000 down payment on a $375,000 home. What is the loan-to-value (LTV) ratio?
- A property has an assessed value of $420,000. California's Proposition 13 limits the property tax rate to 1% of assessed value. What is the base annual property tax?
- An investor purchases a fourplex for $800,000. The property generates $6,000/month in gross rents. What is the Gross Rent Multiplier (GRM)?
- A property was purchased for $380,000 and later sold for $475,000. What was the percentage appreciation?
- A rectangular commercial building is 80 feet wide and 120 feet long. At a lease rate of $2.50 per square foot per month, what is the monthly rent?
- A borrower's gross monthly income is $8,500. The lender requires a housing expense ratio of no more than 28%. What is the maximum allowable monthly housing payment?
- A house was purchased for $200,000 and sold 3 years later for $250,000. What is the percentage increase in value?
Practice More California Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free California Quiz →