NOT LISTED FOR SALE
7 Beds
4 Baths
2,960 Sq Ft
6,098 Sq Ft

Last Sold January 14, 2014

Last sale price $860,000 $291 Per Sq Ft

14 Days on Market

About This Home

As of January 2014

Great location on a large corner lot with an easy walk to shops, restaurants and parks. Easy to rent and always full. One 3bdrm, 2bth lower unit with nice upgrades throughout plus two 2 bedroom, 1 bathroom units with private entrances. The building is in great shape with new exterior paint and large common green area for tenant use. Plenty of parking, extra storage for each unit and onsite laundry.

Last Agent to Sell the Property

Ken Ross

Inhabit Collective License #01393033 Listed on: 12/15/2013

Inhabit Collective

Last Buyer's Agent

Daniel Magallon

Re/Max Coastal Homes License #01226870

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Parking Spaces

Home Design

  • 2,960 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 793
  • Assessor Parcel Number 05715428

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,000
  • Trash Expense $624
  • Water Sewer Expense $1,800
  • New Taxes Expense $9,700
  • Gross Income $4,600
  • Net Operating Income $48,576

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 05715428
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 290.54

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 624.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Income: 4600.00
  • Gross Scheduled Income: 55200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 48576.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 6624.00
  • Rent Control: No
  • Total Actual Rent: 4600.00

Tax Info

  • New Taxes Expense: 9700.00
  • Tax Lot: 18
  • Tax Tract Number: 793
  • Tax Year: 2012
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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
01/14/2014 01/14/14 Sold $860,000 -2.2% $291 / Sq Ft
12/29/2013 12/29/13 Pending -- -- --
12/15/2013 12/15/13 For Sale $879,000 -- $297 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,482 $1,054,238 $869,891 $184,347
2024 $10,482 $1,033,567 $852,834 $180,733
2023 $10,260 $1,013,301 $836,111 $177,190
2022 $10,065 $993,433 $819,717 $173,716
2021 $9,871 $973,954 $803,644 $170,310
2020 $9,773 $963,968 $795,404 $168,564
2019 $9,580 $945,067 $779,808 $165,259
2018 $9,397 $926,537 $764,518 $162,019
2017 $9,213 $908,370 $749,527 $158,843
2016 $9,037 $890,559 $734,830 $155,729
2015 $8,901 $877,182 $723,792 $153,390
2014 $3,212 $314,876 $145,011 $169,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13247959

California Regional Multiple Listing Service (CRMLS)

APN: 057-154-28

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