NOT LISTED FOR SALE

148 14th St Seal Beach, CA 90740

Estimated Value: $1,582,000 - $2,069,000

2 Beds
1 Bath
1,250 Sq Ft
$1,511/Sq Ft Est. Value

Last Sold October 29, 2019

Last sale price $1,260,000 $1,008 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $11,412/month

300 Days on Market

Highlights

  • Main Floor Bedroom
  • Park or Greenbelt View
  • 2 Car Attached Garage
  • J. H. Mcgaugh Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of October 2019

Location, Location, Location! Feel the ocean breeze on this amazing 3 unit Seal beach property. A Triplex located just 1 block from the sand and directly on the corner of the Electric Avenue park. An amazing opportunity to own an income generating investment or buy to rebuild your dream beach home. 2 bedroom front unit feels huge, and 2 studio units each equipped with full kitchen and full bath with great monthly income. These apartments are perfectly located on the greenbelt tree lined park, a short walk to the beach, or maybe a bike ride to Main Street and the pier with all its shops and restaurants! Residential units in this location rarely come on the market, please do not miss this investment opportunity.

Last Agent to Sell the Property

Damon Burris

Damon Burris, Broker License #01470087 Listed on: 12/01/2018

Co-Listed By

Marcel Ford

Old Newport Realty License #01064293

Last Buyer's Agent

Lili Luciano

RE/MAX Select One License #01978580

RE/MAX Select One

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 3,040 Sq Ft Lot
  • No Common Walls
  • Value in Land

Parking

  • 2 Car Attached Garage

Home Design

  • Triplex
  • Split Level Home

Interior Spaces

  • 1,250 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Park or Greenbelt Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Community Details

  • No Home Owners Association
  • Greenbelt

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 115
  • Assessor Parcel Number 19908201

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Bridgeport/Seal Beach (BPS)
  • View: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 19908201
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1250.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 1008.00
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: Park/Greenbelt
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt, Value In Land
  • Lot Size Sq Ft: 3040.00
  • Lot Size Acres: 0.0698

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3040.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 995.11
  • Tax Lot: 48
  • Tax Tract Number: 115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2021
Sold by
Justino Cristiane Venancio
Bought by
Ara Breezy Group Llc
Current Estimated Value
$1,889,128

Purchase Details

Closed on
Feb 14, 2020
Sold by
Lorkowski Robert J and Lorkowski Denisse F
Bought by
Justino Cristiane Venancio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2018
Closed on
Oct 3, 2019
Sold by
Buck Allan Richard and Buck Miriam Fusako
Bought by
Lorkowski Robert J and Lorkowski Denisse F
Seller's Agent
Damon Burris
Damon Burris, Broker
Buyer's Agent
Lili Luciano
RE/MAX Select One
List Price
$1,575,000
Sold Price
$1,260,000
Premium/Discount to List
-$315,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$1,133,874
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2018
Sold by
Buck Allan Richard and Buck Miriam Fusako
Bought by
The Buck Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ara Breezy Group Llc $1,600,000 Wfg National Title
Justino Cristiane Venancio $1,625,000 Wfg National Title
Lorkowski Robert J $1,260,000 Wfg National Title Company
The Buck Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Justino Cristiane Venancio $1,218,750
Previous Owner Lorkowski Robert J $1,133,874
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2019 10/29/19 Sold $1,260,000 -3.1% $1,008 / Sq Ft
09/19/2019 09/19/19 Price Changed $1,300,000 -7.1% $1,040 / Sq Ft
08/13/2019 08/13/19 Price Changed $1,400,000 -3.4% $1,120 / Sq Ft
07/18/2019 07/18/19 Price Changed $1,450,000 -3.3% $1,160 / Sq Ft
06/17/2019 06/17/19 Price Changed $1,499,000 -1.7% $1,199 / Sq Ft
03/23/2019 03/23/19 Price Changed $1,525,000 -2.1% $1,220 / Sq Ft
02/08/2019 02/08/19 Price Changed $1,557,500 +888.9% $1,246 / Sq Ft
02/08/2019 02/08/19 Price Changed $157,500 -90.0% $126 / Sq Ft
12/01/2018 12/01/18 For Sale $1,575,000 -- $1,260 / 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 $19,587 $1,731,890 $1,664,648 $67,242
2024 $19,587 $1,697,932 $1,632,008 $65,924
2023 $19,157 $1,664,640 $1,600,008 $64,632
2022 $18,969 $1,632,000 $1,568,635 $63,365
2021 $19,016 $1,641,835 $1,580,077 $61,758
2020 $14,938 $1,260,000 $1,197,252 $62,748
2019 $5,554 $434,412 $349,869 $84,543
2018 $5,311 $425,895 $343,009 $82,886
2017 $5,200 $417,545 $336,284 $81,261
2016 $5,101 $409,358 $329,690 $79,668
2015 $5,034 $403,210 $324,738 $78,472
2014 $4,912 $395,312 $318,377 $76,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18286173

California Regional Multiple Listing Service (CRMLS)

APN: 199-082-01