NOT LISTED FOR SALE
6 Beds
6 Baths
5,445 Sq Ft
4,792 Sq Ft Lot

Last Sold June 30, 2020

Last sale price $450,000 $83 Per Sq Ft

18 Days on Market

About This Home

As of June 2020

Amazing Investment Opportunity. Located directly across the street from North Park and within 1 mile of the South Coast Rail access is this 6 Unit building with long term tenants bringing in 100% of rents for the last 3 years. 2 units are 3 bedroom and 4 units are 2 bedroom. At current rents of 50k/year, the cap rate for this property is 8.1%. Rents could easily be raised to 60k a year or more making the cap rate 10% or better. 6th unit is 2 bedroom renting at 470/month. Schedule your showing today

Last Agent to Sell the Property

Candido Trinidad

Cobblestone Realty, LLC Listed on: 05/12/2020

Last Buyer's Agent

Jucelia Oliveira

Delmaschio Group Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,792

Additional Features

  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0S-08 B:0000 L:0013

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 3411
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 84.30
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5
  • Year Built: 1900

Interior Features

  • Flooring: Wood
  • Total Flrs: 9
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 6
  • Total Fbh: 6
  • No Rooms: 29
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN3647
  • Main So: AN5819
  • Estimated Sq Ft: 5445.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Construction: Stone/Concrete
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Fieldstone, Granite

Garage/Parking

  • Parking Feature: Paved Driveway
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 1505
  • Electric Features: 100 Amps
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School

Lot Info

  • Assessments: 312700.00
  • Acre: 0.11
  • Lot Size: 4652.00
  • Page: 32
  • Parcel Number: M:0S-08 B:0000 L:0013
  • Zoning: G
  • Lot Description: Corner

Multi Family

  • APOD Available: Yes
  • Total Levels: 5
  • Total Rent: 4230
  • Total Rms: 35
  • No Units: 6
  • Mf Type: 5-9 Family

Tax Info

  • Taxes: 4519.00
  • Assessor Parcel Number: 2836613

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $450,000 -2.0% $83 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $459,000 -- $84 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $8,170 $713,500 $114,900 $598,600
2024 $7,323 $637,300 $112,700 $524,600
2023 $6,653 $542,200 $101,500 $440,700
2022 $5,798 $459,400 $95,800 $363,600
2021 $5,283 $382,000 $91,500 $290,500
2020 $4,519 $312,700 $87,300 $225,400
2019 $4,225 $289,800 $91,200 $198,600
2018 $4,061 $277,800 $91,900 $185,900
2017 $3,889 $277,800 $91,900 $185,900
2016 $3,714 $272,500 $94,700 $177,800
2015 $3,564 $272,500 $94,700 $177,800
2014 $3,605 $286,600 $94,700 $191,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72654808

MLS Property Information Network (MLS PIN)

APN: FALL M:0S-08 B:0000 L:0013