NOT LISTED FOR SALE

Estimated Value: $1,226,000 - $1,555,000

5 Beds
4 Baths
2,713 Sq Ft
$520/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $1,125,000 $415 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,956/month

48 Days on Market

Highlights

  • Laundry Room
  • Woodrow Wilson High School Rated A
  • Central Heating

About This Home

As of April 2021

OPPORTUNITY, OPPORTUNITY, OPPORTUNITY. This is a multi-family residence that has 2 homes on the lot. Both units have been upgraded throughout with custom upgrades that include granite custom island, marble bathroom, master suite that includes a custom bathroom and walk in closet. Back home is located above the garages, and has beautiful views of the city to the water. The front home is 3 bedrooms, 2 baths, approx. 1600 sq. ft. with central heating. The back home is 2 bedrooms, 2 bathrooms, and approx. 1113 sq. ft. Both homes include upgraded appliances and newer washer and dryers that will be included in the sale. Do not miss this opportunity.

Last Agent to Sell the Property

Nicole Finn

NON-MEMBER/NBA or BTERM OFFICE License #02042072 Listed on: 01/07/2021

NON-MEMBER/NBA or BTERM OFFICE

Last Buyer's Agent

Mary Landucci

Keller Williams Pacific Estate License #01946268

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,318

Year Built

  • Built in 2010

Lot Details

  • 6,876 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 2,713 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 10456
  • Assessor Parcel Number 7259007022

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Eastside Subdivision

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $900
  • Pest Control $900
  • Trash Expense $600
  • Water Sewer Expense $840
  • New Taxes Expense $12,000
  • Operating Expense $15,540
  • Gross Income $60,000
  • Net Operating Income $44,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,318

Year Built

Built in 2010

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Inclusions: All appliances, washer and dryer in both units
  • Property Attached: No
  • Subdivision Name Other: Eastside (ES)
  • Water Sewer Expenses: 840.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7259007022
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 414.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Pest Control Expense: 900.00
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6876.00
  • Lot Size Acres: 0.1579

Multi Family

  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 6876.0000 Square Feet
  • Net Operating Income: 44460.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 15540.00
  • Rent Control: Yes
  • Total Expenses: 15540.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Census Tract: 5751.03
  • Tax Lot: 8
  • Tax Tract Number: 10456

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2021
Sold by
Nulph Thomas A and Nulph Marquerite A
Bought by
Cavus Irfan
Current Estimated Value
$1,409,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2016
Closed on
Feb 12, 2016
Sold by
Pabst Kristie M and Pabst Family Trust
Bought by
Winwood Tracy and Nulph Thomas A
Seller's Agent
Kristie Pabst
Pabst, Kinney & Associates
Buyer's Agent
Brad Cummings
Beach Cities Properties, Inc.
List Price
$799,975
Sold Price
$790,000
Premium/Discount to List
-$9,975
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$632,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2012
Sold by
Pabst George H and Pabst Kristie Kinney
Bought by
Pabst George H and Pabst Kristie Kinney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2009
Sold by
Hinrichs John W H and The Pauline Klyng Hill Family
Bought by
Pabst George H and Pabst Kristi Kinney

Purchase Details

Closed on
Oct 1, 2002
Sold by
Hinrichs John and The Riewer J Caustic Revocable
Bought by
Hill Pauline Klyng and The Pauline Klyng Hill Family

Purchase Details

Closed on
Feb 13, 2001
Sold by
Caustic Riewer Klyng
Bought by
Caustic Riewer J and The Riewer J Caustic Revocable
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Cavus Irfan $1,125,000 Ticor Title Company
Winwood Tracy $790,000 Fidelity National Title Co
Pabst George H -- Fidelity National Title Co
Pabst George H $150,000 Old Republic Title Company
Hill Pauline Klyng -- --
Caustic Riewer J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cavus Irfan $525,000
Previous Owner Winwood Tracy $632,000
Previous Owner Pabst George H $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2021 04/27/21 Sold $1,125,000 -2.5% $415 / Sq Ft
03/22/2021 03/22/21 For Sale $1,154,000 0.0% $425 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/23/2021 02/23/21 Pending -- -- --
02/09/2021 02/09/21 Price Changed $1,154,000 0.0% $425 / Sq Ft
02/09/2021 02/09/21 For Sale $1,154,000 -1.7% $425 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/26/2021 01/26/21 Price Changed $1,174,000 -2.1% $433 / Sq Ft
01/07/2021 01/07/21 For Sale $1,199,000 +51.8% $442 / Sq Ft
03/31/2016 03/31/16 Sold $790,000 -1.2% $291 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $799,975 -- $294 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,318 $1,217,734 $649,458 $568,276
2024 $15,318 $1,193,858 $636,724 $557,134
2023 $15,064 $1,170,450 $624,240 $546,210
2022 $14,283 $1,147,500 $612,000 $535,500
2021 $10,833 $863,979 $546,822 $317,157
2020 $10,805 $855,121 $541,216 $313,905
2019 $10,679 $838,354 $530,604 $307,750
2018 $10,332 $821,916 $520,200 $301,716
2016 $6,406 $522,727 $163,170 $359,557
2015 $6,151 $514,877 $160,720 $354,157
2014 $6,112 $504,792 $157,572 $347,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21003888

California Regional Multiple Listing Service (CRMLS)

APN: 7259-007-022