NOT LISTED FOR SALE
12 Beds
10 Baths
4,265 Sq Ft
6,279 Sq Ft Lot

Last Sold July 31, 2015

Last sale price $995,000 $233 Per Sq Ft

11 Days on Market

About This Home

As of July 2015

Great Income Producing Property. 8-1bed/1bath and 2-2bed/1bath. Private yards/patios. Gated entry. Separate electric and gas meters. Newer cooper plumbing, electrical and windows. Individual water heaters. Laundry room. Rents are low, long term tenants. Very low expenses.

Last Agent to Sell the Property

Andrei Soumzine

First Team Real Estate License #01201203 Listed on: 04/18/2015

Last Buyer's Agent

Lauren Davis

First Team Real Estate License #01947655

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,279 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Property fronts an alley
  • No Common Walls
  • Density is 6-10 Units/Acre

Parking

  • On-Street Parking

Home Design

  • 4,265 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 17
  • Tax Tract Number 4496
  • Assessor Parcel Number 7267001026

Community Details

Overview

  • 2 Buildings
  • 10 Units

Building Details

  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $7,547
  • Net Operating Income $72,564

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

6,279 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: Alamitos Beach (AB)
  • Property Type: Residential Income
  • Parcel Number: 7267001026
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 233.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Sewer Available
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 6-10 Units/Acre
  • Lot Size: 50x125
  • Lot Size Sq Ft: 6279.00
  • Lot Size Acres: 0.1440

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 7547.00
  • Gross Multiplier: 10.98
  • Gross Scheduled Income: 90564.00
  • Lot Size Area: 6279.0000 Square Feet
  • Net Operating Income: 72564.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 13500.00
  • Rent Control: No
  • Total Actual Rent: 7465.00

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 4496
  • Tax Year: 2014
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/31/2015 07/31/15 Sold $995,000 0.0% $233 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
04/18/2015 04/18/15 For Sale $995,000 -- $233 / 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 $16,034 $1,177,873 $828,655 $349,218
2024 $16,034 $1,154,778 $812,407 $342,371
2023 $15,746 $1,132,136 $796,478 $335,658
2022 $14,798 $1,109,938 $780,861 $329,077
2021 $14,477 $1,088,175 $765,550 $322,625
2019 $14,270 $1,056,601 $742,845 $313,756
2018 $14,423 $1,035,898 $728,280 $307,618
2016 $12,766 $995,000 $700,000 $295,000
2015 $7,232 $532,345 $354,898 $177,447
2014 $7,233 $521,919 $347,947 $173,972
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15084289

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.