NOT LISTED FOR SALE
5 Beds
3 Baths
1,890 Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: March 24, 2020

Last sale price $1,250,000 $661 Per Sq Ft

168 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Turnkey
  • Agnes L. Smith Elementary Rated A-
  • Closed Circuit Camera
  • 5-minute walk to 17th Street Park

About This Home

As of March 2020

2 Remodeled units (3+2, 2+1) completed in December 2018. Convenient location with a 4 Minute walk to the beach. Brand new interior-exterior paint, new laminate wood flooring and newly remodeled bathrooms. Individually metered (Elect + Gas). Alley way with 2 Car Garage + 3 additional driveway parking spaces. Each unit has its own combo washer + dryer unit. Additional furnace room with storage. Additional laundry room with Washer & Dryer. Smart home with mobile surveillance cameras to exteriors. Ready for new ownders to move-in or for rental income. Live in one unit and rent the other for income.

Last Agent to Sell the Property

Horizon Hom

HORIZON REAL ESTATE SERVICES License #00975323 Listed on: 09/09/2019

Last Buyer's Agent

Shereen El Husseini

BHHS CA Properties License #02004103

BHHS CA Properties
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 2,178 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Duplex
  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,890 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Closed Circuit Camera
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 1 / 315
  • Tax Tract Number 352
  • Assessor Parcel Number 02315811

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $240
  • Fuel Expense $168
  • Insurance Expense $612
  • Trash Expense $780
  • Water Sewer Expense $750
  • New Taxes Expense $14,250
  • Operating Expense $16,800
  • Gross Income $79,200
  • Net Operating Income $58,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

2,178 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Closed Circuit Camera(s)
  • Water Sewer Expenses: 750.00
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 02315811
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Levels: Two
  • Price Per Square Foot: 661.38

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 780.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2178.00
  • Lot Size Acres: 0.0500

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 240.00
  • Fuel Expense: 168.00
  • Gross Income: 79200.00
  • Gross Operating Income: 75240.00
  • Gross Scheduled Income: 79200.00
  • Gross Spendable Income: 79200.00
  • Insurance Expense: 612.00
  • Lot Size Area: 2178.0000 Square Feet
  • Net Operating Income: 58440.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 16800.00
  • Rent Control: No
  • Total Expenses: 16800.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 14250.00
  • Tax Block: 315
  • Tax Census Tract: 993.10
  • Tax Lot: 1
  • Tax Tract Number: 352

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
Sep 9, 2019
Closed on
Mar 20, 2020
Sold by
Bought by
Seller's Agent
Horizon Hom
HORIZON REAL ESTATE SERVICES
Buyer's Agent
Shereen El Husseini
BHHS CA Properties
List Price
$1,295,000
Sold Price
$1,250,000
Premium/Discount to List
-$45,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Outstanding Balance
$812,234
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2018
Sold by
Bought by

Purchase Details

Closed on
Sep 7, 2018
Sold by
Bought by

Purchase Details

Listed on
Feb 9, 2018
Closed on
Apr 18, 2018
Sold by
Bought by
Seller's Agent
Scot Campbell
Coldwell Banker-Campbell Rltrs
Buyer's Agent
Horizon Hom
HORIZON REAL ESTATE SERVICES
List Price
$1,250,000
Sold Price
$1,050,000
Premium/Discount to List
-$200,000
-16%
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
$1,250,000 Pacific Coast Title Company
-- None Available
-- None Available
$1,050,000 Orange Cost Title Co
$1,050,000 Orange Coast Title Co Of Sou
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 $937,500
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
03/24/2020 03/24/20 Sold $1,250,000 -3.5% $661 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
09/09/2019 09/09/19 For Sale $1,295,000 +23.3% $685 / Sq Ft
04/23/2018 04/23/18 Sold $1,050,000 -6.7% $556 / Sq Ft View Prior Sale
04/07/2018 04/07/18 Pending -- -- --
03/02/2018 03/02/18 Price Changed $1,125,000 -10.0% $595 / Sq Ft
02/17/2018 02/17/18 For Sale $1,250,000 +19.0% $661 / Sq Ft
02/09/2018 02/09/18 Off Market $1,050,000 -- --
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 $16,042 $1,436,302 $1,319,743 $116,559
2025 $15,683 $1,408,140 $1,293,866 $114,274
2024 $15,683 $1,372,948 $1,268,496 $104,452
2023 $14,982 $1,313,973 $1,243,624 $70,349
2022 $14,591 $1,288,209 $1,219,239 $68,970
2021 $14,321 $1,262,950 $1,195,332 $67,618
2020 $12,263 $1,071,000 $1,001,315 $69,685
2019 $12,116 $1,050,000 $981,681 $68,319
2018 $1,242 $67,402 $19,418 $47,984
2017 $1,226 $66,081 $19,037 $47,044
2016 $1,187 $64,786 $18,664 $46,122
2015 $1,172 $63,813 $18,383 $45,430
2014 $1,148 $62,563 $18,022 $44,541
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19215515

California Regional Multiple Listing Service (CRMLS)

APN: 023-158-11

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