NOT LISTED FOR SALE
3 Beds
2 Baths
2,318 Sq Ft
4,000 Sq Ft Lot

Sale Details

Date Sold: July 22, 2012

Last sale price $690,000 $298 Per Sq Ft

42 Days on Market

Highlights

  • Ocean Side of Freeway
  • Contemporary Architecture
  • Wood Siding
  • Las Palmas Elementary School Rated A-
  • Courtyard Views
  • 4-minute walk to Max Berg Park

About This Home

As of July 2012

Located west of the 5 freeway is this great ocean close triplex that is just a short walk to the beach. The upper 2 bedroom 1 bath unit additionally has a lovely enclosed sun room which could be used as a third bedroom. All units share a private interior courtyard. Current rents are below market. Market rent for the upper 2 bedroom with sunroom is between $1650 - $1800. The rents stated in the listing are market rents not actual rents. For additional income one could replace the existing washer and dryer with a coin operated unit. Upgrades: Most all of the windows have been replaced with new energy efficient windows. The triplex was tented for termites approximately 3 years ago and recently painted within the last year.

Last Agent to Sell the Property

victoria graves

CENTURY 21 Affiliated License #01732916 Listed on: 04/14/2012

CENTURY 21 Affiliated

Last Buyer's Agent

Thomas ODonnell

Luxre Realty, Inc. License #00770183

Luxre Realty, Inc.
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,318 Sq Ft Home
  • Laminate Flooring
  • Courtyard Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Car Garage
  • Front Facing Garage

Outdoor Features

  • Ocean Side of Freeway

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 13
  • Tax Tract Number 793
  • Assessor Parcel Number 05805124

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Pest Control $2,062
  • Professional Management Expense $1,542
  • Trash Expense $602
  • Water Sewer Expense $1,068
  • New Taxes Expense $7,182
  • Gross Income $3,950

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

4,000 Sq Ft Lot

Listing Details

  • Assessments: No
  • Professional Management Expense: 1542.00
  • View: Yes
  • Water Sewer Expenses: 1068.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 05805124
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 297.67

Exterior Features

  • View: Courtyard
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Wall Furnace
  • Pest Control Expense: 2062.00
  • Trash Expense: 602.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 40x100
  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0920

Multi Family

  • Gross Income: 3950.00
  • Gross Multiplier: 16.03
  • Gross Scheduled Income: 47400.00
  • Insurance Expense: 1800.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 4000.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Patio: 1
  • Number With Refrigerator: 3
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • New Taxes Expense: 7182.00
  • Tax Block: 13
  • Tax Lot: 0.
  • Tax Tract Number: 793

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Allen Trust -- None Available
Allen Tristan G $690,000 Lawyers Title
Wilks Don Brice -- None Available
Wilks Don B -- None Available
Wilks Alice Jane -- None Available
Wilks Alice Jane -- None Available
Myers Patrick J -- None Available
Wilks Alice Jane -- None Available
Price Betty Ann -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $168,903
Previous Owner Allen Tristan G $517,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/22/2012 07/22/12 Sold $690,000 -9.2% $298 / Sq Ft
05/26/2012 05/26/12 Pending -- -- --
04/14/2012 04/14/12 For Sale $759,900 -- $328 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,601 $866,672 $753,635 $113,037
2025 $8,601 $849,679 $738,858 $110,821
2024 $8,458 $833,019 $724,370 $108,649
2023 $8,279 $816,686 $710,167 $106,519
2022 $8,121 $800,673 $696,242 $104,431
2021 $7,965 $784,974 $682,590 $102,384
2020 $7,886 $776,926 $675,591 $101,335
2019 $7,731 $761,693 $662,344 $99,349
2018 $7,582 $746,758 $649,357 $97,401
2017 $7,434 $732,116 $636,624 $95,492
2016 $7,292 $717,761 $624,141 $93,620
2015 $7,182 $706,980 $614,766 $92,214
2014 $7,044 $693,132 $602,724 $90,408
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S694748

California Regional Multiple Listing Service (CRMLS)

APN: 058-051-24

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