NOT LISTED FOR SALE
5 Beds
5 Baths
3,409 Sq Ft
5,259 Sq Ft Lot

Sale Details

Date Sold: August 15, 2019

Last sale price $1,725,000 $506 Per Sq Ft

11 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Laundry Facilities
  • Wilson High School Rated A
  • Landscaped

About This Home

As of August 2019

5 Unit Income Building with 3400 Sqft of Living Space Located just steps to the Beach with New Stucco and Exterior Paint. Situated on a 5,200 Sqft Lot with a Large Owner’s Unit, Rooftop Entertaining Deck with Full Ocean Views and 3 Garage Spaces. Walking Distance to Unique Dining and Boutique Shopping on Second Street.

Last Agent to Sell the Property

Kym Elder

Coldwell Banker Realty License #01320231 Listed on: 07/02/2019

Coldwell Banker Realty

Last Buyer's Agent

Cindy Ludwig

First Team Real Estate License #01020764

First Team Real Estate
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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1939

Lot Details

  • 5,259 Sq Ft Lot
  • Ocean Front
  • No Common Walls
  • Landscaped

Parking

  • 3 Car Garage

Interior Spaces

  • 3,409 Sq Ft Home
  • 2-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 1 / 250
  • Tax Tract Number 1
  • Assessor Parcel Number 7256001022

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $3,500
  • Water Sewer Expense $1,200
  • New Taxes Expense $22,437
  • Operating Expense $28,337
  • Gross Income $94,080
  • Net Operating Income $65,743

Property Details

Home Type

Apartment

Year Built

Built in 1939

Lot Details

5,259 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR4R
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7256001022
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 506.01

Exterior Features

  • View: Water
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5259.00
  • Lot Size Acres: 0.1207

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 94080.00
  • Gross Scheduled Income: 94080.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 5259.0000 Square Feet
  • Net Operating Income: 65743.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 28337.00
  • Rent Control: No
  • Total Actual Rent: 7840.00
  • Total Expenses: 28337.00
  • Waterfront Features: Ocean Front

Tax Info

  • New Taxes Expense: 22437.00
  • Tax Block: 250
  • Tax Census Tract: 5772.00
  • Tax Lot: 1
  • Tax Tract Number: 1

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
$1,725,000 Ticor Title
Coastal Lb Associat Llc -- None Available
Coastal L B 2 Llc $379,500 None Available
Jones Jeffrey Scott -- None Available
Coastal L B 2 Llc -- None Available
Cheng Katherine W -- None Available
Coastal L B Associates Llc -- None Available
Jones Jeffrey Scott -- --
Jones Jeffrey Scott $949,000 Fidelity National Title
Roubidoux Thomas T -- Southland Title
Besman Carol J $630,000 Southland Title
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
Previous Owner $399,221
Previous Owner Jones Jeffrey Scott $539,000
Previous Owner Besman Carol J $15,750
Previous Owner Besman Carol J $441,000
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
08/15/2019 08/15/19 Sold $1,725,000 -3.9% $506 / Sq Ft
07/02/2019 07/02/19 For Sale $1,795,000 -- $527 / 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 $25,028 $1,924,265 $1,227,068 $697,197
2025 $25,028 $1,886,535 $1,203,008 $683,527
2024 $23,942 $1,849,545 $1,179,420 $670,125
2023 $23,539 $1,813,281 $1,156,295 $656,986
2022 $22,085 $1,777,727 $1,133,623 $644,104
2021 $21,652 $1,742,871 $1,111,396 $631,475
2019 $13,569 $1,049,616 $734,096 $315,520
2018 $13,205 $1,029,054 $719,702 $309,352
2016 $12,150 $988,222 $691,756 $296,466
2015 $11,665 $973,379 $681,366 $292,013
2014 $11,594 $954,312 $668,019 $286,293
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19156603

California Regional Multiple Listing Service (CRMLS)
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