NOT LISTED FOR SALE
6 Beds
5 Baths
2,244 Sq Ft
6,752 Sq Ft Lot

Last Sold March 10, 2016

Last sale price $1,249,888 $557 Per Sq Ft

Highlights

  • Contemporary Architecture
  • Balcony
  • Laundry Room
  • La Mesa Elementary School Rated A-
  • 5 Car Attached Garage
  • Storage Room

About This Home

As of March 2016

Are you looking for comfortable living and income potential, private space for family and friends, or just a great investment property? -- This property features a 3bed/2bath house and behind it, a duplex. Does easy care appeal? -- all units are in excellent condition (duplex built 2001 & house renovated 2000) and each has its own garage, yard, and laundry. Like to be in the center of it all? -- walk to Del Monte Beach, Fisherman's Wharf, the Naval Post-Graduate School, Lake El Estero, the Monterey Fitness Center, restaurants and so much more.

Last Agent to Sell the Property

Patricia Matuszewski

KW Coastal Estates License #01328515 Listed on: 02/15/2016

KW Coastal Estates

Last Buyer's Agent

Bud Larson

Coldwell Banker Realty License #00404972

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1928

Lot Details

  • 6,752 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 5 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Dishwasher
  • Laminate Countertops

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $48,000

Community Details

Overview

  • 2,244 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $95
  • Insurance Expense $1,164
  • Maintenance Expense $2,000
  • Utility Expense $747
  • Operating Expense $10,006
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Year Built

1928

Lot Details

0

Parking

5

Listing Details

  • Zoning: R3
  • Subclass: Multiple Dwellings / Structures
  • Style: Contemporary
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2244
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1928

Interior Features

  • Kitchen: Countertop - Laminate, Dishwasher, Oven Range - Gas
  • Living Sq Ft: 2244
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Laminate
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Fenced
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 5
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1550
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6750.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written
  • Gross Rent Multiplier: 26.04
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1164
  • Expense Landscape: 95
  • Expense Maintenance: 2000
  • Expenses Total: 10006
  • Expenses Utility: 747
  • Income Annual Gross: 48000.00
  • Income Annual Rental: 48000
  • Income Gross Scheduled: 48000
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
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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
03/10/2016 03/10/16 Sold $1,249,888 0.0% $557 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $1,249,888 -- $557 / Sq Ft
Source: MLSListings

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 $15,987 $1,479,607 $769,465 $710,142
2024 $15,987 $1,450,596 $754,378 $696,218
2023 $15,557 $1,422,154 $739,587 $682,567
2022 $15,344 $1,394,270 $725,086 $669,184
2021 $15,122 $1,366,932 $710,869 $656,063
2020 $14,551 $1,352,916 $703,580 $649,336
2019 $15,272 $1,326,389 $689,785 $636,604
2018 $14,661 $1,300,382 $676,260 $624,122
2017 $13,578 $1,274,885 $663,000 $611,885
2016 $6,091 $561,332 $229,293 $332,039
2015 -- $552,901 $225,849 $327,052
2014 $5,905 $542,071 $221,425 $320,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81550761

MLSListings

APN: 001-852-003