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
  • Age: 63
  • 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

Schools

  • School District: Monterey Peninsula Unified

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

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 Change Sq Ft Price
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Kirch

    Seller's Agent in 2023

    Michael Kirch

    Del Monte Realty, Inc.

    (831) 238-3488

    10 in this area

    27 Total Sales

    Michael Kirch
    Section Image
  • Annie Giammanco

    Buyer's Agent in 2023

    Annie Giammanco

    Coldwell Banker Realty

    (831) 915-1004

    6 in this area

    41 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

This home is located at 1186 Phoenix Ave, Seaside, CA 93955 since 24 January 2023. This property was built in 1960. 1186 Phoenix 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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