NOT LISTED FOR SALE
6 Beds
4 Baths
3,027 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: August 31, 2024

Last sale price $2,000,000 $661 Per Sq Ft

89 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 5-minute walk to Seal Beach Pier Playground
  • J. H. Mcgaugh Elementary School Rated A

About This Home

As of August 2024

Steps from the sand. Two homes on a lot, both units are large 3 bedroom, 2 bath, inside laundry and each has a 2 car garage. The front unit is a 2 story with 2 bedrooms up and 1 bedroom down. The back unit is an upstairs one level 3 bedroom 2 bath. First time on the market since being built. live in one and rent the other out. leases are currently on a month to month basis. 3-D interior video available for prospective qualified buyer.

Last Agent to Sell the Property

David Biehler

Pacific Sotheby's Int'l Realty Brokerage Email: david@stanfieldrealestate.com License #01030261 Listed on: 05/23/2024

Pacific Sotheby's Int'l Realty

Co-Listed By

Sean Stanfield

Pacific Sotheby's Int'l Realty Brokerage Email: david@stanfieldrealestate.com License #01024996

Last Buyer's Agent

David Biehler

Pacific Sotheby's Int'l Realty Brokerage Email: david@stanfieldrealestate.com License #01030261 Listed on: 05/23/2024

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 3,049 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 3,027 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 38 / 7
  • Tax Tract Number 115
  • Assessor Parcel Number 19903326
  • $1,045 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Old Town Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $2,423
  • Trash Expense $540
  • Water Sewer Expense $1,968
  • New Taxes Expense $27,000
  • Operating Expense $32,831
  • Gross Income $32,831
  • Net Operating Income $41,509

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

3,049 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 3.00
  • Property Attached: No
  • Subdivision Name Other: Old Town (OLDT)
  • Water Sewer Expenses: 1968.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 19903326
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 660.72

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 540.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average3 Bed Area: 1500 Square Feet
  • Gross Multiplier: 33.00
  • Gross Operating Income: 32831.00
  • Gross Scheduled Income: 74340.00
  • Gross Spendable Income: 41509.00
  • Insurance Expense: 2423.00
  • Lot Size Area: 3049.0000 Square Feet
  • Net Operating Income: 41509.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Range: 2
  • Rent Control: No
  • Total Expenses: 32831.00

Tax Info

  • New Taxes Expense: 27000.00
  • Tax Block: 7
  • Tax Census Tract: 995.11
  • Tax Lot: 38
  • Tax Tract Number: 115
  • TaxOtherAnnualAssessmentAmount: 1045.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Aug 14, 2024
Sold by
Bought by
Seller's Agent
David Biehler
Pacific Sotheby's Int'l Realty
Buyer's Agent
David Biehler
Pacific Sotheby's Int'l Realty
List Price
$2,095,000
Sold Price
$2,000,000
Premium/Discount to List
-$95,000
-4.53%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
0.0677%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$2,000,000 Lawyers Title Company
-- None Available
-- None Available
-- --
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 $1,500,000
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
08/31/2024 08/31/24 Sold $2,000,000 -4.5% $661 / Sq Ft
08/20/2024 08/20/24 For Sale $2,095,000 +4.8% $692 / Sq Ft
08/17/2024 08/17/24 Off Market $2,000,000 -- --
08/07/2024 08/07/24 Price Changed $2,095,000 -4.6% $692 / Sq Ft
07/02/2024 07/02/24 Price Changed $2,195,000 -12.2% $725 / Sq Ft
05/23/2024 05/23/24 For Sale $2,499,900 -- $826 / 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
2025 $3,186 $2,000,000 $1,824,176 $175,824
2024 $3,186 $189,870 $64,835 $125,035
2023 $3,100 $186,148 $63,564 $122,584
2022 $3,043 $182,499 $62,318 $120,181
2021 $2,970 $178,921 $61,096 $117,825
2020 $2,950 $177,087 $60,470 $116,617
2019 $2,867 $173,615 $59,284 $114,331
2018 $2,752 $170,211 $58,121 $112,090
2017 $2,689 $166,874 $56,981 $109,893
2016 $2,633 $163,602 $55,863 $107,739
2015 $2,588 $161,145 $55,024 $106,121
2014 $2,521 $157,989 $53,946 $104,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24103063

California Regional Multiple Listing Service (CRMLS)

APN: 199-033-26

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