NOT LISTED FOR SALE
8 Beds
8 Baths
4,000 Sq Ft
5,297 Sq Ft Lot

Sale Details

Date Sold: August 5, 2014

Last sale price $2,081,250 $520 Per Sq Ft

145 Days on Market

Highlights

  • Beach Access
  • Ocean Side of Highway 1
  • No HOA
  • Across the Road from Lake or Ocean
  • Contemporary Architecture
  • Laundry Facilities

About This Home

As of August 2014

Pride of ownership property. 8 one bedroom units, 16 car spaces & 4 units with ocean views! This apartment sits on a double lot in a prime area of Old Town. With parking in a beach community at a premium 2 car spaces is a rarity. Units have remodeled kitchen with granite counter tops. Baths have jet tubs. Nice layouts with large windows bringing in plenty of light. There is a laundry room on site owned by the seller. The sand is just steps away visible when standing in front of the units. Main Street with the charm of yesteryear is a short 6 blocks away. Seal Beach, often referred to as "Mayberry by the sea" is landlocked by the ocean, the Navy base and the marina so the town is very quiet. Three major freeways are a five minute drive. Three major airports in less than a 30 minute drive. This kind of opportunity is rarely available. l

Last Agent to Sell the Property

Ann Tuler

First Team Real Estate License #01006772 Listed on: 06/25/2014

First Team Real Estate

Last Buyer's Agent

Earl Taylor

Real Brokerage Technologies, Inc License #00362364

Real Brokerage Technologies, Inc
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 5,297 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Paved or Partially Paved Lot
  • Level Lot
  • Irregular Lot

Home Design

  • Contemporary Architecture
  • Property Attached

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 16 Parking Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Beach Access
  • Ocean Side of Highway 1
  • Exterior Lighting

Location

  • Across the Road from Lake or Ocean

Listing and Financial Details

  • Assessor Parcel Number 19908424

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,800
  • Maintenance Expense $2,000
  • Trash Expense $1,500
  • Water Sewer Expense $4,000
  • New Taxes Expense $25,000
  • Gross Income $8,820
  • Net Operating Income $92,040

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

5,297 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Old Town (OLDT)
  • Water Sewer Expenses: 4000.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 19908424
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Levels: Two
  • Price Per Square Foot: 520.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level, Irregular Lot, Paved
  • Lot Size Sq Ft: 5297.00
  • Lot Size Acres: 0.1220

Multi Family

  • Average1 Bed Area: 460
  • Gross Income: 8820.00
  • Gross Scheduled Income: 107040.00
  • Insurance Expense: 2800.00
  • Lot Size Area: 5297.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 92040.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Number With Range: 8
  • Operating Expense: 15000.00
  • Rent Control: No
  • Total Actual Rent: 107040.00
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • New Taxes Expense: 25000.00
  • Tax Lot: 000
  • Tax Tract Number: 000
  • Tax Year: 2012

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

Closed on
Dec 15, 2024
Sold by
Bought by

Purchase Details

Listed on
Jun 25, 2014
Closed on
Jun 7, 2014
Sold by
Bought by
Seller's Agent
Ann Tuler
First Team Real Estate
Buyer's Agent
Earl Taylor
Real Brokerage Technologies, Inc
List Price
$2,290,000
Sold Price
$2,081,250
Premium/Discount to List
-$208,750
-9.12%

Purchase Details

Closed on
Oct 12, 2006
Sold by
Bought by

Purchase Details

Closed on
May 3, 2006
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
-- None Listed On Document
$2,081,500 Multiple
-- Fidelity National Title
$1,845,000 Fidelity National 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 $13,610,000
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
08/05/2014 08/05/14 Sold $2,081,250 -9.1% $520 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $2,290,000 -- $573 / 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
2026 $32,029 $2,551,374 $2,145,305 $406,069
2025 $32,029 $2,501,348 $2,103,241 $398,107
2024 $31,399 $2,452,302 $2,062,001 $390,301
2023 $30,652 $2,404,218 $2,021,569 $382,649
2022 $30,267 $2,357,077 $1,981,930 $375,147
2021 $29,574 $2,310,860 $1,943,068 $367,792
2020 $29,548 $2,287,165 $1,923,144 $364,021
2019 $28,655 $2,242,319 $1,885,435 $356,884
2018 $27,381 $2,198,352 $1,848,465 $349,887
2017 $26,788 $2,155,248 $1,812,221 $343,027
2016 $26,261 $2,112,989 $1,776,688 $336,301
2015 $25,898 $2,081,250 $1,750,000 $331,250
2014 $25,434 $2,056,796 $1,805,971 $250,825
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14000307

California Regional Multiple Listing Service (CRMLS)
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