NOT LISTED FOR SALE

1125 Olympia Ave Seaside, CA 93955

9 Beds
6 Baths
5,180 Sq Ft
8,002 Sq Ft Lot

Last Sold April 17, 2019

Last sale price $1,250,000 $241 Per Sq Ft

113 Days on Market

Highlights

  • Mediterranean Architecture
  • Balcony
  • 6 Car Attached Garage
  • Granite Countertops
  • Fireplace
  • Wet Bar

About This Home

As of April 2019

HERE IT IS : A BEAUTIFUL 3 HUGE UNITS INVESTMENT PROPERTY IN SEASIDE. BUILDING HAS A COMBINED LIVING SPACE OF 5,180 SF AND A LOT SIZE OF APPROX 8,000 SF. TILE ROOF WITH STUCCO ALL AROUND. RENTS ARE WAY BELOW MARKET. LONG TERM TENANT LIKE TO STAY. UNIT 2 IS OWNER OCCUPIED, PLEASE CHECK IT OUT. YOU'LL LOVE IT.

Last Agent to Sell the Property

Trac Tran

Prime Realty License #00764540 Listed on: 12/11/2018

Last Buyer's Agent

Stephen Poletti

The Peninsula Group Real Estate License #00482426

Property Details

Home Type

  • Multi-Family

Year Built

  • 2009

Lot Details

  • 8,002 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 6 Car Attached Garage

Home Design

  • Triplex
  • Mediterranean Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • Walk-In Closet
  • 5,180 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Fireplace
  • Fire Sprinkler System
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $46,800

Community Details

Overview

Amenities

  • Courtyard

Building Details

  • 2 Leased Units
  • Insurance Expense $1,700
  • Other Expense $1,200
  • Operating Expense $11,604
  • Gross Income $44,460

Property Details

Home Type

Multi-Family

Year Built

2009

Lot Details

0

Parking

6

Listing Details

  • Zoning: R 3-4
  • Subclass: Triplex
  • Style: Mediterranean
  • Age: 9
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5180
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2009

Interior Features

  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hookups - Gas, Oven Range - Built-In, Gas, Oven Range - Gas
  • Living Sq Ft: 5180
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Laundry: Hookups Only
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio, Courtyard, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 6
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas, Fireplace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet, Wet Bar

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1837
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 29.81
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 1700
  • Expenses Other: 1200
  • Expenses Total: 11604
  • Income Annual Gross: 44460.00
  • Income Annual Rental: 46800
  • Income Gross Scheduled: 46800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Mortgage, Maintenance, Services - Sewer
  • Tenant Expenses: Rent Only, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 5

Range of Values:

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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 List to Sale Price per Sq Ft
04/17/2019 04/17/19 Sold $1,250,000 -10.4% $241 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
12/11/2018 12/11/18 For Sale $1,395,000 -- $269 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Trac Tran

    Prime Realty

    (408) 998-8888

    1 Total Sale

    Trac Tran
    Section Image

  • S

    Buyer's Agent in 2019

    Stephen Poletti

    The Peninsula Group Real Estate

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81733199

MLSListings

APN: 012-172-013

California Monterey County Seaside 93955

1125 Olympia Ave, Seaside, CA

This home is located at 1125 Olympia Ave, Seaside, CA 93955 since 11 December 2018. This property was built in 2009. 1125 Olympia Ave is a home located in Monterey County with nearby schools including Martin Luther King, Seaside Middle School, and Seaside High School.

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