$1,750,000
SOLD JUL 18, 2025
4 Beds
3 Baths
2,056 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$851 Per Sq Ft

11% Below List Price

80 Days on Market

Highlights

  • Across the Road from Lake or Ocean
  • Peek-A-Boo Views
  • Corner Lot
  • Agnes L. Smith Elementary Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of July 2025

Sunset Beach rental property a stones-throw from the sand. Located in a prime location 16342 N. Pacific features a recently renovated 2 bedroom 1 3/4 bathroom town home style unit. The open concept kitchen features an oversized peninsula with breakfast bar, white shaker cabinets, quartz countertops, pendant and recessed lighting, pantry, ample cabinet space, new stainless steel range, dishwasher and microwave. Newer flooring throughout downstairs features laminate flooring throughout, decorative brick fireplace, 3/4 bath, linen closet and coat closet. Upstairs bedrooms have plush newer carpet, more than adequate closet space and full bathroom. Both bathrooms have been updated with newer vanities, toilets and fixtures. All newer LED light fixtures. Sliding glass door leads to a fully fenced patio. Dual pane vinyl windows and rental heating throughout the unit. Washer dryer hook ups in exterior closet and 1 car garage for off street parking. 16344 N. Pacific is an upstairs 2 bedroom 1 bathroom unit has cool ocean breezes and a peek a boo ocean view. The charming kitchen features scallop details on vintage cabinets, tiled counter tops, and updated light fixtures. Newer sculptured carpet throughout the living room and bedrooms. All new LED light fixtures and ceiling fans in both bedrooms and living room. Generous sized bedrooms with ample closets. Full bath with oversized vanity's hower wall tiles recently redone with new tub and shower fixtures. Dual pane vinyl windows throughout the unit. 1 car garage with washer dryer hook ups for off street parking.

Last Agent to Sell the Property

Holly Kovich

Holly Kovich and Associates Brokerage Phone: 562-762-7492 License #01350418 Listed on: 03/11/2025

Last Buyer's Agent

Stefanie Gillespie

Regency Real Estate Brokers License #02100301

Regency Real Estate Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,080

Year Built

  • Built in 1963

Lot Details

  • 1,742 Sq Ft Lot
  • 1 Common Wall
  • Vinyl Fence
  • Block Wall Fence
  • Corner Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Stucco

Interior Spaces

  • 2,056 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Peek-A-Boo Views

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Rain Gutters

Location

  • Across the Road from Lake or Ocean
  • Urban Location

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 1 / 127
  • Tax Tract Number 757
  • Assessor Parcel Number 17851116

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $120
  • Insurance Expense $3,514
  • Maintenance Expense $1,135
  • Pest Control $100
  • Professional Management Expense $2,640
  • Trash Expense $1,200
  • Water Sewer Expense $710
  • New Taxes Expense $22,000
  • Operating Expense $31,419
  • Gross Income $723,000
  • Net Operating Income $64,116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,080

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 3.00
  • Inclusions: 16342 Freestanding range, dishwasher and microwave, 16344 wall oven, gas cook top and refrigerator
  • Price Per Unit: 924500
  • Professional Management Expense: 2640.00
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 710.25
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 120.00
  • Parcel Number: 17851116
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: with steps
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 851.17
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Peek-A-Boo
  • Fence: Yes
  • Fencing: Block, Vinyl
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Lap Siding, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Free-Standing Range, Gas Range, Gas Cooktop, Gas Water Heater, Microwave
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, In Closet, In Garage, Washer Hookup
  • Pest Control Expense: 100.00
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size: 60 by 30
  • Lot Size Sq Ft: 1742.00
  • Lot Size Acres: 0.0400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1028 Square Feet
  • Gross Income: 723000.00
  • Gross Multiplier: 27.32
  • Gross Scheduled Income: 72300.00
  • Insurance Expense: 3514.00
  • Lease Term: Month To Month
  • Lot Size Area: 1742.0000 Square Feet
  • Maintenance Expense: 1135.00
  • Net Operating Income: 64115.75
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Patio: 1
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 8184.25
  • Rent Control: No
  • Total Expenses: 31419.25
  • Waterfront Features: Across the Road from Lake/Ocean

Tax Info

  • New Taxes Expense: 22000.00
  • Tax Area: 04039
  • Tax Block: 127
  • Tax Census Tract: 995.06
  • Tax Lot: 1
  • Tax Rate: 1.10
  • Tax Tract Number: 757
  • Tax Annual Amount: 2080.46
  • Tax Year: 2024

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 For Rent $3,400 0.0% --
07/18/2025 07/18/25 Sold $1,750,000 -5.4% $851 / Sq Ft
05/30/2025 05/30/25 Pending -- -- --
05/02/2025 05/02/25 Price Changed $1,849,000 -6.4% $899 / Sq Ft
03/11/2025 03/11/25 For Sale $1,975,000 -- $961 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25052601

California Regional Multiple Listing Service (CRMLS)