NOT LISTED FOR SALE

Estimated Value: $1,813,445

4 Beds
2 Baths
1,982 Sq Ft
$915/Sq Ft Est. Value

Sale Details

Date Sold: June 22, 2021

Last sale price $1,545,000 $780 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $11,779 / mo

105 Days on Market

Highlights

  • Ocean View
  • Park
  • Bike Trail
  • Balcony
  • Central Heating and Cooling System
  • Laundry Facilities

About This Home

As of June 2021

Amazing location with fantastic water views!! Remodeled duplex just steps from the beach and Bluff Park. Both units have 2 bedrooms and 1 bath, remodeled kitchens with newer cabinets, quartz counter-tops, glass subway tile, and stainless-steel appliances. Both bathrooms have newer tile and fixtures. Each unit has wood laminate flooring and carpeted bedrooms. Upstairs unit enjoys 2 gas fireplaces and a large wrap-around deck with beach and ocean views!! The lower deck has a large front deck, perfect for entertaining, and a gated back yard and patio. There is a 1-car garage and 1 parking spot for each unit. Separate laundry inside both units, newer electrical, and partial copper plumbing. Very close proximity to shopping, restaurants, night life, and Belmont Shore FUN!

Last Agent to Sell the Property

Christy Di Leo

Compass License #01797896 Listed on: 01/15/2021

Compass

Co-Listed By

Ellen Henry

Compass License #02000934

Last Buyer's Agent

Christina Meshreky

David Investments License #01732802

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941 | Remodeled

Lot Details

  • 3,151 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Property Views

  • Ocean
  • Coastline

Home Design

  • Property Attached
  • Raised Foundation

Interior Spaces

  • 1,982 Sq Ft Home
  • Decorative Fireplace
  • Living Room with Fireplace
  • Gas And Electric Dryer Hookup

Kitchen

  • Gas Oven
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 15 / 40
  • Tax Tract Number 15
  • Assessor Parcel Number 7256004022

Community Details

Overview

  • 2 Units
  • Belmont Heights Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $400
  • Pest Control $300
  • Water Sewer Expense $900
  • New Taxes Expense $11,497
  • Operating Expense $14,057
  • Net Operating Income $45,420

Property Details

Home Type

Multi-Family

Year Built

Built in 1941 | Remodeled

Lot Details

3,151 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: LBR4R
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 7256004022
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Fireplace Features: Living Room, Decorative
  • Price Per Square Foot: 779.52

Exterior Features

  • Foundation: Raised
  • View: Coastline, Ocean, Water
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Pest Control Expense: 300.00
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Park, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 3151.00
  • Lot Size Acres: 0.0723

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 72540.00
  • Insurance Expense: 400.00
  • Lot Size Area: 3151.0000 Square Feet
  • Net Operating Income: 45420.00
  • Number Of Rented Garages: 2
  • 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 Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 27120.00
  • Rent Control: No
  • Total Expenses: 14057.00

Tax Info

  • New Taxes Expense: 11497.00
  • Tax Block: 40
  • Tax Census Tract: 5772.00
  • Tax Lot: 15
  • Tax Tract Number: 15

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
Nov 3, 2016
Closed on
Dec 21, 2016
Sold by
Bought by
Seller's Agent
Monica Acosta
No Firm Affiliation
Buyer's Agent
Christy Di Leo
Compass
List Price
$1,049,000
Sold Price
$1,100,000
Premium/Discount to List
$51,000
4.86%
Current Estimated Value
$1,813,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$713,445
Avg. Annual Appreciation
5.34%
Original Mortgage
$800,775
Outstanding Balance
$645,907
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$1,167,538

Purchase Details

Closed on
Mar 3, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2002
Sold by
Bought by
Source: Public Records

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
$1,100,000 Fidelity Sherman Oaks
$766,500 None Available
$652,000 None Available
-- First American Title Co
-- First American Title Co
-- --
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 $800,775
Previous Owner $346,000
Previous Owner $346,000
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 Prior Sale
06/22/2021 06/22/21 Sold $1,545,000 -0.3% $780 / Sq Ft
04/02/2021 04/02/21 Price Changed $1,550,000 -0.6% $782 / Sq Ft
03/02/2021 03/02/21 Price Changed $1,560,000 -1.0% $787 / Sq Ft
01/15/2021 01/15/21 For Sale $1,575,000 0.0% $795 / Sq Ft
08/19/2020 08/19/20 Rented $3,095 0.0% --
08/14/2020 08/14/20 Under Contract -- -- --
08/11/2020 08/11/20 For Rent $3,095 0.0% --
12/27/2016 12/27/16 Sold $1,100,000 +4.9% $555 / Sq Ft View Prior Sale
11/06/2016 11/06/16 Pending -- -- --
11/03/2016 11/03/16 For Sale $1,049,000 -- $529 / 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 $21,729 $1,672,357 $1,082,432 $589,925
2024 $20,794 $1,639,566 $1,061,208 $578,358
2023 $20,450 $1,607,418 $1,040,400 $567,018
2022 $19,176 $1,575,900 $1,020,000 $555,900
2021 $14,519 $1,184,458 $643,320 $541,138
2020 $32,000 $1,172,314 $636,724 $535,590
2019 $31,830 $1,149,329 $624,240 $525,089
2018 $31,414 $1,122,000 $612,000 $510,000
2016 $9,515 $795,777 $583,570 $212,207
2015 $9,128 $783,825 $574,805 $209,020
2014 $9,061 $768,472 $563,546 $204,926
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21007398

California Regional Multiple Listing Service (CRMLS)

APN: 7256-004-022

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