NOT LISTED FOR SALE
Studio
-- Bath
-- Sq Ft
7,501 Sq Ft Lot

Sale Details

Date Sold: November 15, 2016

Last sale price $1,260,000 $0 Per Sq Ft

46 Days on Market

Highlights

  • Bay View
  • Fireplace
  • Coin Laundry
  • No HOA
  • Patio
  • Carpet

About This Home

As of November 2016

Sea Cliff Villa has huge upside in the rents and represents a true VALUE ADD opportunity for a new owner to capture significantly higher rents with moderate unit upgrades. There are 9 units total with 8-two bedroom one bathroom units of approx. 850 sq. ft. and 1-three bedroom two bathroom Penthouse unit of approx. 1300 sq. ft. Each unit features a spacious balcony with fantastic views. There are 2 buildings situated on 2 lots with 2 separate APN'

Last Agent to Sell the Property

Daniel Daboski

Titan Commercial License #01267882 Listed on: 03/21/2016

Last Buyer's Agent

Non-member 999999

Non-member Office

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,192

Year Built

  • Built in 1967

Lot Details

  • 7,501

Property Views

  • Bay
  • Peek-A-Boo
  • Garden

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Linoleum

Parking

  • 7 Open Parking Spaces
  • 8 Carport Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Wall Furnace
  • Cable TV Available

Additional Features

  • Patio
  • 7,501 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 0051-203-120

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 9 Units

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $6,957
  • Maintenance Expense $5,850
  • Other Expense $3,230
  • Operating Expense $39,706
  • Net Operating Income $74,054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,192

Year Built

Built in 1967

Lot Details

7,501 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1967
  • Accessibility Features: None
  • Levels: Two
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Carpet, Linoleum/Vinyl
  • Price Per Square Foot: 155.59

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: PillarPostPier, Slab
  • Listing Price: 1300000.00
  • Patio And Porch Features: Patio(s)
  • Roof: Other
  • View Description: Bay, Garden/Greenbelt, Partial, Water

Garage/Parking

  • Open Parking Spaces: 7.00
  • Carport Spaces: 8.00
  • Parking Features: Off Street, Uncovered

Utilities

  • Security: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Electric, Cable Available, PG&E
  • Cooling: None
  • Heating: Fireplace(s), Wall Furnace
  • Laundry Features: Coin Operated
  • Water Source: Public
  • Separate Meters: Electricity,Gas,Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7501.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Term: 12 Months,Month To Month

Multi Family

  • Operating Expense: 39706
  • Insurance Expense: 6957
  • Maintenance Expense: 5850
  • Number of Units: 9
  • Units Furnished: None
  • Two Bedroom Annual Occupancy: 100
  • Three Bedroom Annual Occupancy: 100
  • Two Bedrooms Occupied: 8
  • Three Bedrooms Occupied: 1
  • 1 Bedroom Rent Range: 0
  • Two Bedroom Rent Range: $900-$1200
  • Three Bedroom Rent Range: $1300
  • Four Bedroom Rent Range: 0
  • Studio Rent Range: 0

Tax Info

  • Assessor Parcel Number: 0051-203-120
  • Current RE Taxes: 14192
  • Bonds/Assessments/Taxes Description: Transfer Tax City

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$42,502
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 21, 2016
Closed on
Nov 2, 2016
Sold by
Bought by
Seller's Agent
Daniel Daboski
Titan Commercial
Buyer's Agent
Non-member 999999
Non-member Office
List Price
$1,300,000
Sold Price
$1,260,000
Premium/Discount to List
-$40,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,284
Interest Rate
5.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 16, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 14, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 1999
Sold by
Bought by

Purchase Details

Closed on
May 19, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,035,000 Pasion Title
$1,260,000 First American Title Company
-- Placer Title Co
-- Chicago Title Co
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $50,000
Previous Owner $250,000
Previous Owner $100,000
Previous Owner $350,000
Previous Owner $1,034,000
Previous Owner $175,000
Previous Owner $800,000
Previous Owner $299,284
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/15/2016 11/15/16 Sold $1,260,000 -3.1% --
05/06/2016 05/06/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $1,300,000 -- --
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $15,529 $967,148 $193,427 $773,721
2025 $14,837 $948,185 $189,635 $758,550
2024 $14,837 $929,594 $185,917 $743,677
2023 $13,916 $911,368 $182,272 $729,096
2022 $13,582 $893,499 $178,699 $714,800
2021 $13,227 $875,981 $175,196 $700,785
2020 $13,256 $867,000 $173,400 $693,600
2019 $12,819 $850,000 $170,000 $680,000
2018 $8,664 $540,600 $102,000 $438,600
2017 $8,205 $530,000 $100,000 $430,000
2016 $3,328 $280,000 $72,000 $208,000
2015 $2,650 $220,000 $59,000 $161,000
2014 $4,039 $340,000 $92,000 $248,000
Source: Public Records

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Map

Source: MetroList

MLS Number: 21605722

MetroList
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