NOT LISTED FOR SALE

Estimated Value: $1,714,000 - $2,639,000

4 Beds
6 Baths
3,102 Sq Ft
$693/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $1,635,000 $527 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $12,973/month

235 Days on Market

Highlights

  • Two Primary Bedrooms
  • Ocean Side of Highway 1
  • Laundry Room
  • Paul Ecke-Central Elementary Rated A
  • Walk-In Closet

About This Home

As of February 2019

First time on the market! Well-maintained duplex on a quiet cul-de-sac, located on the beach side of Pacific Coast Highway. Walking distance to the beach. Each unit has their own spacious, private back yard with patio area and 2 spacious master bedroom suites. Don't miss out on this great opportunity!

Last Listed By

JANE SCHELL

COLDWELL BANKER BLACKSTONE RTY License #01320227 Listed on: 03/22/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,689

Year Built

  • Built in 1978

Lot Details

  • 9,000 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 3,102 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Ocean Side of Highway 1

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 8359
  • Assessor Parcel Number 2540550500

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $882
  • Trash Expense $474
  • Water Sewer Expense $1,807
  • New Taxes Expense $4,628
  • Operating Expense $7,792
  • Gross Income $45,000
  • Net Operating Income $37,208

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,689

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1807.00
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2540550500
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 527.08
  • Room Type: Two Masters, Walk-In Closet

Exterior Features

  • Foundation: Slab
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, In Closet, Upper Level
  • Sewer: Public Sewer
  • Trash Expense: 474.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999
  • Lot Size Sq Ft: 9000.00
  • Lot Size Acres: 0.2066

Multi Family

  • Gross Income: 45000.00
  • Gross Scheduled Income: 45000.00
  • Insurance Expense: 882.00
  • Lot Size Area: 9000.0000 Square Feet
  • Net Operating Income: 37208.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 780.00
  • Rent Control: No
  • Total Expenses: 7792.00
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • New Taxes Expense: 4628.00
  • Tax Census Tract: 177.01
  • Tax Lot: 5
  • Tax Tract Number: 8359

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
Law Ryan A and Law Pamela R
Bought by
Ryan & Pamela Law Family Trust and Law
Total Days on Market
235
Current Estimated Value
$2,149,326

Purchase Details

Closed on
Jul 11, 2023
Sold by
Law Family Revocable Trust
Bought by
Coop Ct Llc

Purchase Details

Closed on
Jun 15, 2021
Sold by
Coop Ct Llc
Bought by
Law Ryan A and Law Pamela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2020
Sold by
San Diego Gas & Electric Company
Bought by
Sdg and E

Purchase Details

Closed on
Dec 13, 2019
Sold by
Law Ryan A and Law Pamela R
Bought by
Coop Ct Llc

Purchase Details

Closed on
Nov 14, 2018
Sold by
Bauer Sara Sue and Schell John L
Bought by
Law Ryan A and Law Pamela R

Purchase Details

Closed on
Sep 27, 2001
Sold by
Schell Family Trust and Schell Helen L
Bought by
Schell Helen L

Purchase Details

Closed on
Sep 21, 1990
Sold by
Schell Nicholas R and Schell Helen L
Bought by
Schell Nicholas R and Schell Helen L

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
Ryan & Pamela Law Family Trust -- None Listed On Document
Law Ryan A -- None Listed On Document
Coop Ct Llc -- None Listed On Document
Law Ryan A -- None Listed On Document
Law Ryan A -- First American Title Company
Sdg -- None Available
Coop Ct Llc -- None Available
Law Ryan A $1,635,000 Lawyers Title
Schell Helen L -- --
Schell Nicholas R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Law Ryan A $800,000
Previous Owner Law Ryan A $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2019 02/22/19 Sold $1,635,000 -9.1% $527 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
09/24/2018 09/24/18 Price Changed $1,799,000 -2.8% $580 / Sq Ft
05/23/2018 05/23/18 Price Changed $1,850,000 -5.1% $596 / Sq Ft
03/22/2018 03/22/18 For Sale $1,950,000 -- $629 / 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
2024 $12,689 $1,139,255 $881,635 $257,620
2023 $12,236 $1,105,918 $854,957 $250,961
2022 $11,948 $1,084,235 $838,194 $246,041
2021 $19,273 $1,731,938 $1,414,504 $317,434
2020 $18,133 $1,667,700 $1,428,000 $239,700
2019 $17,434 $1,571,004 $1,352,520 $218,484
2018 $4,701 $368,246 $169,192 $199,054
2017 $4,628 $361,026 $165,875 $195,151
2016 $4,501 $353,948 $162,623 $191,325
2015 $4,386 $348,633 $160,181 $188,452
2014 $4,257 $341,805 $157,044 $184,761
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18057214

California Regional Multiple Listing Service (CRMLS)

APN: 254-055-05