NOT LISTED FOR SALE
6 Beds
5 Baths
3,299 Sq Ft
7,841 Sq Ft Lot

Last Sold May 25, 2016

Last sale price $1,484,700 $450 Per Sq Ft

6 Days on Market

Highlights

  • Ocean Side of Highway 1
  • No HOA
  • Forced Air Heating System
  • Las Palmas Elementary School Rated A-
  • Laundry Room

About This Home

As of May 2016

Wonderful Four Plex in a Great Location! Centrally located, walking distance to the Beach and Downtown. West of the 5 and of El Camino Real.
Ocean View from upstairs unit and upstairs unit has an additional 500 sq.ft. enclosed Deck/Sun room, Double lot, Separate laundry room with New, Owner owned Coin Operated Washer and Dryer, Premiere off street Parking, Newly Painted! This is a Great Investment Opportunity! Generates Great Income.

Last Agent to Sell the Property

Vickie Kruhmin

Pacific Pointe Management Grp License #01336526 Listed on: 04/01/2016

Last Buyer's Agent

Jeannine Schrantz

Jeanine Schrantz, Broker License #00768701

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,299 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Ocean Side of Highway 1

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 793
  • Assessor Parcel Number 05805269

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gross Income $7,525

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

7,841 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 05805269
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 450.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air, Wall Furnace
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 7841.00
  • Price Per Lot Square Foot: 189.35

Multi Family

  • Gross Income: 7525.00
  • Gross Scheduled Income: 9175.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Waterfront Features: Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • Tax Lot: 21
  • Tax Tract Number: 793
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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
05/25/2016 05/25/16 Sold $1,484,700 -4.2% $450 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $1,550,000 -- $470 / 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 $17,473 $1,765,516 $1,388,987 $376,529
2024 $17,473 $1,730,899 $1,361,752 $369,147
2023 $17,041 $1,690,960 $1,335,051 $355,909
2022 $16,715 $1,657,804 $1,308,873 $348,931
2021 $15,833 $1,570,004 $1,283,208 $286,796
2020 $15,674 $1,553,906 $1,270,050 $283,856
2019 $15,365 $1,523,438 $1,245,147 $278,291
2018 $15,068 $1,493,567 $1,220,732 $272,835
2017 $14,773 $1,464,282 $1,196,796 $267,486
2016 $11,333 $1,116,775 $999,492 $117,283
2015 $11,162 $1,100,000 $984,478 $115,522
2014 $8,420 $828,745 $713,223 $115,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16067386

California Regional Multiple Listing Service (CRMLS)

APN: 058-052-69

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