NOT LISTED FOR SALE

Estimated Value: $1,657,000 - $2,026,000

5 Beds
3 Baths
2,700 Sq Ft
$655/Sq Ft Est. Value

Last Sold July 29, 2014

Last sale price $915,000 $339 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $11,383/month

112 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Front Yard
  • Lowell Elementary School Rated A-

About This Home

As of July 2014

Great opportunity to own a 3 unit building in the Shore. Less than 2 blocks to the beach. Walking distance to pretty much everything this wonderful beach community has to offer. Front unit has 2 bedrooms, 1 bath and has been upgraded. Features include newer kitchen with custom cabinets and countertops, tile flooring in living area, newer windows, and a fireplace. Upper front unit has 2 bedrooms, 1 bath. Direct access to garage. Private balcony. Some newer windows. Newer carpet and vinyl flooring. Back unit is a 1 bed, 1 bath unit that has been completely upgraded. Hardwood flooring throughout, central heating, laundry hookups (electric dryer). Building has a 3 car garage with laundry hookups as well. Just in case you don't know the area, parking is worth it's weight in gold!!!

Last Agent to Sell the Property

Brandon Moore

B Moore Realty License #01322903 Listed on: 12/31/2013

Co-Listed By

Kurt Kingsolver

SSK Realty License #00890232

Last Buyer's Agent

Damaris Radut

Epique Realty License #01342318

Epique Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 3,151 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 3 Car Garage

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV
  • Tax Lot 4
  • Tax Tract Number 3750
  • Assessor Parcel Number 7256031005

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Electric Expense $1,800
  • Insurance Expense $1,800
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $10,500
  • Gross Income $4,700
  • Net Operating Income $39,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Belmont Shore (BSD)
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 7256031005
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 338.89

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 3151.00
  • Lot Size Acres: 0.0720

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Electric Expense: 1800.00
  • Gross Income: 4700.00
  • Gross Scheduled Income: 56400.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 3151.0000 Square Feet
  • Net Operating Income: 39900.00
  • Number Of Units Total: 3
  • Operating Expense: 16500.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10500.00
  • Tax Lot: 4
  • Tax Tract Number: 3750
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2025
Sold by
Vo Danh Dae and Du Thuy T
Bought by
Phu Thanh Nguyen Living Trust and Nguyen
Current Estimated Value
$1,769,087

Purchase Details

Closed on
Mar 25, 2024
Sold by
Hub In Place Llc
Bought by
Vestibule Llc

Purchase Details

Closed on
Aug 30, 2023
Sold by
Vestibule Llc
Bought by
Hub In Place Llc

Purchase Details

Closed on
Oct 4, 2014
Sold by
Vestibule Llc
Bought by
Vestibule Llc

Purchase Details

Listed on
Dec 31, 2013
Closed on
Jun 4, 2014
Sold by
Hickok Patricia M
Bought by
Sepulveda Stephen A
Seller's Agent
Brandon Moore
B Moore Realty
Buyer's Agent
Damaris Radut
Epique Realty
List Price
$1,079,900
Sold Price
$915,000
Premium/Discount to List
-$164,900
-15.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%

Purchase Details

Closed on
Apr 30, 2014
Sold by
Sepulveda Stephen A
Bought by
Vestibulum Llc

Purchase Details

Closed on
Jul 23, 2002
Sold by
Sepulveda Shana
Bought by
Sepulveda Stephen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.6%

Purchase Details

Closed on
May 28, 2002
Sold by
Mccargar Roycroft Trust
Bought by
Sepulveda Stephen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.6%

Purchase Details

Closed on
Apr 23, 1998
Sold by
Mccargar Francis I
Bought by
Mccargar Roycroft Trust and Cal Cities Escrow Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Phu Thanh Nguyen Living Trust -- --
Vestibule Llc -- None Listed On Document
Hub In Place Llc -- None Listed On Document
Vestibule Llc -- Lawyers Title
Sepulveda Stephen A -- Lawyers Title
Vestibulum Llc $915,000 Lawyers Title
Sepulveda Stephen A -- Lawyers Title Company
Sepulveda Stephen A $510,000 Lawyers Title Company
Mccargar Roycroft Trust -- Continental Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sepulveda Stephen A $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2014 07/29/14 Sold $915,000 -15.3% $339 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
12/31/2013 12/31/13 For Sale $1,079,900 -- $400 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $26,684 $1,099,682 $879,750 $219,932
2024 $26,684 $2,100,000 $1,600,000 $500,000
2023 $13,613 $1,056,982 $845,589 $211,393
2022 $12,771 $1,036,258 $829,009 $207,249
2021 $12,522 $1,015,940 $812,754 $203,186
2019 $12,343 $985,809 $788,649 $197,160
2018 $12,011 $966,481 $773,186 $193,295
2016 $11,041 $928,953 $743,163 $185,790
2015 $10,591 $915,000 $732,000 $183,000
2014 -- $602,551 $482,043 $120,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13253524

California Regional Multiple Listing Service (CRMLS)

APN: 7256-031-005