NOT LISTED FOR SALE
6 Beds
4 Baths
2,919 Sq Ft
4,545 Sq Ft Lot

Last Sold July 05, 2013

Last sale price $919,000 $315 Per Sq Ft

187 Days on Market

Highlights

  • Traditional Architecture
  • Concordia Elementary School Rated A
  • More Than Two Accessible Exits

About This Home

As of July 2013

Property has ocean view from second floor units. Located at the South end of town close to the Municipal Golf Course. Walking distance to Cottons Point and Trestles.There are three 2/1 bath units plus a studio. Two of the units have been refurbished.Three garages plus offstreet parking.

Last Agent to Sell the Property

Gary Ceasar

First Team Real Estate License #00576152 Listed on: 12/02/2012

First Team Real Estate

Last Buyer's Agent

Thomas ODonnell

Luxre Realty, Inc. License #00770183

Luxre Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 4,545 Sq Ft Lot
  • Lot Dimensions are 45x101

Parking

  • 6 Parking Spaces

Home Design

  • 2,919 Sq Ft Home
  • Traditional Architecture
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Leased Washer and Dryer
  • More Than Two Accessible Exits

Listing and Financial Details

  • Legal Lot and Block 8 / 9
  • Tax Tract Number 900
  • Assessor Parcel Number 06011117

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $1,400
  • Pest Control $480
  • Professional Management Expense $1,800
  • Trash Expense $700
  • Water Sewer Expense $2,300
  • New Taxes Expense $9,400
  • Gross Income $5,500
  • Net Operating Income $46,720

Property Details

Home Type

Multi-Family

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • CapRate: 5.00
  • Professional Management Expense: 1800.00
  • Water Sewer Expenses: 2300.00
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 06011117
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: 2+ Access Exits
  • Levels: Two
  • Price Per Square Foot: 314.83

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Pest Control Expense: 480.00
  • Trash Expense: 700.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 45x101
  • Lot Size Sq Ft: 4545.00
  • Lot Size Acres: 0.1040

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 5500.00
  • Gross Multiplier: 14.00
  • Gross Scheduled Income: 66000.00
  • Insurance Expense: 1400.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 4545.0000 Square Feet
  • Net Operating Income: 46720.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 19280.00
  • Total Actual Rent: 66000.00

Tax Info

  • New Taxes Expense: 9400.00
  • Tax Area: 10000
  • Tax Block: 9
  • Tax Lot: 8
  • Tax Tract Number: 900

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2013 07/05/13 Sold $919,000 -3.2% $315 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
12/02/2012 12/02/12 For Sale $949,000 -0.1% $325 / Sq Ft
09/30/2012 09/30/12 Sold $950,000 -9.5% $325 / Sq Ft
09/17/2012 09/17/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $1,050,000 -- $360 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S719388

California Regional Multiple Listing Service (CRMLS)

APN: 060-111-17