NOT LISTED FOR SALE
3 Beds
2 Baths
1,500 Sq Ft
3,920 Sq Ft

Last Sold November 27, 2024

Last sale price $1,143,000 $762 Per Sq Ft

89 Days on Market

Highlights

  • Property has ocean access
  • Golf Course Community
  • No Units Above
  • Clarence Lobo Elementary School Rated A-
  • Fishing
  • 2 Car Garage

About This Home

As of November 2024

Coastal lifestyle DUPLEX featuring single level 2BR/1BA and 1BR/1BA units. Each unit has its own garage and driveway parking space. The laundry room with coin operated washer & dryer is just off the back patio. Each unit has an eat-in kitchen with gas range, large living room, full bathroom, and bedrooms with ceiling fans. Located on the ocean side of the 5 freeway, in a friendly neighborhood, close to beaches, pier, world class surfing, train station, parks, schools, and Community Center. Just a few blocks to the center of town, Avenida Del Mar with shops, cafes, and restaurants.

Last Agent to Sell the Property

Janet McKinley

HomeSmart, Evergreen Realty Brokerage Phone: 949-637-2159 License #01189550 Listed on: 07/19/2024

HomeSmart, Evergreen Realty

Last Buyer's Agent

Elisha Leigh

Leigh Investments License #01856986

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,163

Year Built

  • Built in 1956

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x100
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Northwest Facing Home
  • Wood Fence
  • Fence is in average condition
  • Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Home Design

  • Duplex
  • Contemporary Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Screens
  • Living Room

Kitchen

  • Galley Kitchen
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits

Outdoor Features

  • Property has ocean access
  • Ocean Side of Freeway
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park

Utilities

  • Wall Furnace
  • Overhead Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 27 / 5
  • Tax Tract Number 793
  • Assessor Parcel Number 05715506
  • $27 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Water Sports
  • Bike Trail

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $300
  • Water Sewer Expense $1,920
  • New Taxes Expense $12,275
  • Operating Expense $16,120
  • Gross Income $36,180
  • Net Operating Income $35,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,163

Year Built

Built in 1956

Lot Details

3,920 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: washer & dryer, cabinet in Unit A hallway.
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1920.00
  • Architectural Style: Contemporary
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 05715506
  • Year Built: 1956
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Unfurnished
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Laminate, Vinyl
  • Accessibility Features: 2+ Access Exits, No Interior Steps
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 762.00
  • Room Type: All Bedrooms Down, Galley Kitchen, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Direction Faces: Northwest
  • Foundation: Slab
  • Other Structures: Second Garage Attached
  • Exterior Features: Lighting, Rain Gutters
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Range Hood, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Golf, Gutters, Park, Watersports, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Park Nearby, Utilities - Overhead
  • Lot Size: 40x100
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 650 Square Feet
  • Average2 Bed Area: 850 Square Feet
  • Gross Income: 36180.00
  • Gross Scheduled Income: 51300.00
  • Insurance Expense: 1400.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1000.00
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 35180.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 16120.00
  • Rent Control: Yes
  • Total Actual Rent: 51300.00
  • Total Expenses: 16120.00
  • Waterfront Features: Ocean Access, Ocean Side of Freeway

Tax Info

  • New Taxes Expense: 12275.00
  • Tax Block: 5
  • Tax Census Tract: 421.07
  • Tax Lot: 27
  • Tax Tract Number: 793
  • Tax Annual Amount: 5163.00
  • Tax Year: 2023
  • TaxOtherAnnualAssessmentAmount: 27.21
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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
11/27/2024 11/27/24 Sold $1,143,000 -4.8% $762 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
10/08/2024 10/08/24 Price Changed $1,200,000 -2.0% $800 / Sq Ft
09/21/2024 09/21/24 Price Changed $1,225,000 -2.0% $817 / Sq Ft
09/12/2024 09/12/24 Price Changed $1,250,000 -3.8% $833 / Sq Ft
08/24/2024 08/24/24 Price Changed $1,299,900 -3.0% $867 / Sq Ft
08/02/2024 08/02/24 Price Changed $1,340,000 -3.2% $893 / Sq Ft
07/19/2024 07/19/24 For Sale $1,385,000 -- $923 / 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 $5,274 $1,143,000 $1,075,759 $67,241
2024 $5,274 $518,727 $458,814 $59,913
2023 $5,163 $508,556 $449,817 $58,739
2022 $5,065 $498,585 $440,997 $57,588
2021 $4,967 $488,809 $432,350 $56,459
2020 $4,918 $483,797 $427,916 $55,881
2019 $4,821 $474,311 $419,525 $54,786
2018 $4,729 $465,011 $411,299 $53,712
2017 $4,637 $455,894 $403,235 $52,659
2016 $4,548 $446,955 $395,328 $51,627
2015 $4,480 $440,242 $389,390 $50,852
2014 $4,394 $431,619 $381,763 $49,856
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24147062

California Regional Multiple Listing Service (CRMLS)

APN: 057-155-06

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