NOT LISTED FOR SALE

1186 Phoenix Ave Seaside, CA 93955

4 Beds
4 Baths
1,830 Sq Ft
4,330 Sq Ft Lot

Last Sold April 11, 2023

Last sale price $892,500 $488 Per Sq Ft

43 Days on Market

About This Home

As of April 2023

Multifamily property. 4 units. Each 1 bedroom, 1 bathroom. Separate Electric and Gas. One water Meter. Near Fremont Boulevard - Starbucks, Santa Fe Foods, 7/11, etc. Good Condition overall.

Last Agent to Sell the Property

Michael Kirch

Del Monte Realty, Inc. License #01227726 Listed on: 01/24/2023

Last Buyer's Agent

Annie Giammanco

Coldwell Banker Realty License #00998517

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 4,330 Sq Ft Lot

Home Design

  • Quadruplex
  • Tar and Gravel Roof

Interior Spaces

  • 1,830 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $72,000

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $1,200
  • Utility Expense $4,800
  • Trash Expense $1,000
  • Operating Expense $19,500
  • Gross Income $71,280

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

0

Listing Details

  • Zoning: R-4
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1830
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Living Sq Ft: 1830
  • Stories: 2

Exterior Features

  • Foundation: Crawl Space
  • Roof: Tar And Gravel

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.0994
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4330.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4330.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.85
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1200
  • Expenses Total: 19500
  • Expenses Utility: 4800
  • Expense Trash: 1000
  • Income Annual Gross: 71280.00
  • Income Annual Rental: 72000
  • Income Gross Scheduled: 72000
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Hot Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1
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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
04/11/2023 04/11/23 Sold $892,500 -10.5% $488 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
03/02/2023 03/02/23 Price Changed $997,000 -5.0% $545 / Sq Ft
02/15/2023 02/15/23 Price Changed $1,050,000 -4.5% $574 / Sq Ft
01/24/2023 01/24/23 For Sale $1,100,000 -- $601 / 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 $9,863 $929,757 $416,160 $513,597
2024 $9,863 $910,350 $408,000 $502,350
2023 $1,828 $892,500 $400,000 $492,500
2022 $1,804 $144,636 $17,744 $126,892
2021 $1,780 $141,801 $17,397 $124,404
2020 $1,719 $141,548 $17,219 $124,329
2019 $1,789 $138,797 $16,882 $121,915
2018 $1,728 $136,100 $16,551 $119,549
2017 $1,613 $133,456 $16,227 $117,229
2016 $1,587 $130,863 $15,909 $114,954
2015 $1,566 $128,917 $15,671 $113,246
2014 $1,540 $126,417 $15,365 $111,052
Source: Public Records

Agents Affiliated with this Home

  • Michael Kirch

    Seller's Agent in 2023

    Michael Kirch

    Del Monte Realty, Inc.

    (831) 238-3488

    11 in this area

    28 Total Sales

    Michael Kirch
    Section Image
  • Annie Giammanco

    Buyer's Agent in 2023

    Annie Giammanco

    Coldwell Banker Realty

    (831) 915-1004

    7 in this area

    39 Total Sales

    Annie Giammanco
    Section Image
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Map

Source: MLSListings

MLS Number: ML81916863

MLSListings

APN: 012-072-043

California Monterey County Seaside 93955

1186 Phoenix Ave, Seaside, CA

Not Listed for Sale

MultiFamily

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