NOT LISTED FOR SALE

1091 Wanda Ave Seaside, CA 93955

Estimated Value: $1,026,000 - $1,297,000

4 Beds
2 Baths
2,082 Sq Ft
$548/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $1,035,000 $497 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,756/month

113 Days on Market

Highlights

  • View of Hills
  • 3 Car Attached Garage
  • Forced Air Heating System
  • Deck
  • Tile Flooring
  • Washer and Dryer

About This Home

As of June 2024

Centrally located on a cul-de-sac in a wonderful Seaside neighborhood, this professionally maintained and managed duplex welcomes wonderful investment opportunities! Greeted by delightful mature landscaping surrounding the property with lush vine lined fences, fruit trees and well maintained lawn. Each unit offers two bedrooms, one bathroom, an open kitchen dining space, living room and indoor laundry. Many upgrades have been completed within the last two years including new carpet, interior and exterior paint, all new kitchen appliances, new plumbing and electrical fixtures, new window blinds, upgraded automatic landscaping irrigation system, automated garage door openers and more. The lower unit offers access to the backyard through the living room sliding glass door, while the upper unit features a private balcony off the living room and expansive views from most rooms. The garages feature 3 separate bays, each with private, keyed access, plus plenty of additional off-street parking spaces onsite. A fantastic opportunity for owner occupied investors or as a rental income property.

Last Agent to Sell the Property

Mark Trapin

Sotheby’s International Realty License #01233599 Listed on: 01/31/2024

Sotheby’s International Realty

Co-Listed By

Robin Anderson

Sotheby’s International Realty License #01518311

Last Buyer's Agent

Jennifer Hardy

Steinbeck Real Estate, Inc. License #02001189

Property Details

Home Type

  • Multi-Family

Year Built

  • 1984

Lot Details

  • 6,617

Parking

  • 3 Car Attached Garage
  • Assigned Parking

Home Design

  • Duplex
  • Slab Foundation
  • Rolled or Hot Mop Roof

Interior Spaces

  • 2,082 Sq Ft Home
  • 2-Story Property
  • Views of Hills
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Outdoor Features

  • Deck
  • Barbecue Area

Additional Features

  • 6,617 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $65,940

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $2,400
  • Insurance Expense $2,950
  • Manager Expense $3,956
  • Utility Expense $1,452
  • Operating Expense $20,264
  • Gross Income $65,940

Property Details

Home Type

Multi-Family

Year Built

1984

Lot Details

0

Parking

3

Listing Details

  • Zoning: RS 12
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2082
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1984

Interior Features

  • Kitchen: Countertop - Formica, Dishwasher, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2082
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Rolled Composition
  • View: Hills
  • Yard/Grounds: Bbq Area, Deck

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Assigned Spaces, Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1519
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6617.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6617.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease(s)
  • Gross Rent Multiplier: 16.67
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2950
  • Expense Landscape: 2400
  • Expense Management: 3956
  • Expenses Total: 20264
  • Expenses Utility: 1452
  • Income Annual Gross: 65940.00
  • Income Annual Rental: 65940
  • Income Gross Scheduled: 65940
  • Income Includes: Parking, Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Utilities - Electric, Utilities - Gas
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
Velasquez Saul and Velasquez Jose Saul
Bought by
Velasquez Jose Saul and Baltazar Rosa
Current Estimated Value
$1,140,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$154,932
Interest Rate
5.96%
Mortgage Type
New Conventional
Estimated Equity
$985,268

Purchase Details

Listed on
Jan 31, 2024
Closed on
May 31, 2024
Sold by
Cpd Trust Llc
Bought by
Velasquez Saul and Baltazar Rosa
Seller's Agent
Mark Trapin
Sotheby’s International Realty
Buyer's Agent
Jennifer Hardy
Steinbeck Real Estate, Inc.
List Price
$1,175,000
Sold Price
$1,035,000
Premium/Discount to List
-$140,000
-11.91%
Views
175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$100,000
Interest Rate
7.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 19, 2022
Sold by
Angela M Cordrey Under The John J Biason
Bought by
Cpd Trust Llc

Purchase Details

Closed on
Feb 8, 2022
Sold by
Jean Favalora Norma
Bought by
Joseph N Favalora And Norma J Favalora Living and Favalora Norma J

Purchase Details

Closed on
Mar 20, 2014
Sold by
Barnes Beverley C
Bought by
The Joseph N Favalora & Norma J Favalora

Purchase Details

Closed on
Jan 20, 2011
Sold by
Barnes Beverley C
Bought by
Barnes Beverley C

Purchase Details

Closed on
Aug 27, 2001
Sold by
Favalora Norma J
Bought by
Favalora Joseph N and Favalora Norma J

Purchase Details

Closed on
Sep 1, 2000
Sold by
Barnes Weldon Ray and Carmenita Luanne
Bought by
Favalora Norma J and Barnes James L

Purchase Details

Closed on
Jul 27, 2000
Sold by
Neto Brenda Gail and Favalora Norma Jean
Bought by
Barnes Weldon Ray and Barnes James Leon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Velasquez Jose Saul -- Servicelink
Velasquez Saul $1,035,000 Chicago Title
Cpd Trust Llc -- --
Joseph N Favalora And Norma J Favalora Living -- --
The Joseph N Favalora & Norma J Favalora $200,000 Old Republic Title Company
Barnes Beverley C -- None Available
Favalora Joseph N -- --
Favalora Norma J $65,000 --
Barnes Weldon Ray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Jose Saul $160,000
Previous Owner Velasquez Saul $100,000
Previous Owner Velasquez Saul $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2024 06/10/24 Sold $1,035,000 -8.0% $497 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
04/03/2024 04/03/24 Price Changed $1,125,000 -4.3% $540 / Sq Ft
01/31/2024 01/31/24 For Sale $1,175,000 +38.2% $564 / Sq Ft
05/19/2022 05/19/22 Sold $850,000 -5.0% $402 / Sq Ft View Prior Sale
05/02/2022 05/02/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $895,000 -- $423 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $9,524 $1,050,600 $535,500 $515,100
2024 $9,524 $884,340 $312,120 $572,220
2023 $9,506 $867,000 $306,000 $561,000
2022 $4,181 $850,000 $300,000 $550,000
2021 $4,122 $364,764 $156,915 $207,849
2020 $3,969 $361,025 $155,307 $205,718
2019 $4,159 $353,947 $152,262 $201,685
2018 $3,997 $347,008 $149,277 $197,731
2017 $3,708 $340,204 $146,350 $193,854
2016 $3,643 $333,534 $143,481 $190,053
2015 $3,592 $328,525 $141,326 $187,199
2014 -- $244,179 $77,115 $167,064
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81952998

MLSListings

APN: 012-351-057-000