NOT LISTED FOR SALE

16385 S Pacific Coast Hwy Sunset Beach, CA 90742

Sunset Beach Neighborhood
-- Bed
-- Bath
4,300 Sq Ft
2,100 Sq Ft Lot

Last Sold August 29, 2012

Last sale price $2,170,000 $505 Per Sq Ft

95 Days on Market

Highlights

  • French Architecture
  • Wood Siding
  • No Heating
  • Agnes L. Smith Elementary Rated A-

About This Home

As of August 2012

3 units on the beach. OCEAN FRONT. Two-3 bed/2bath and one-1bed/2bath. Almost 4300 square feet of living space including non-conforming 1 bedroom 2 bath top floor penthouse style unit with it's own deck. The 3rd non-conforming unit was built by the builder.Each unit has a private entrance Absolutely gorgeous ocean front property with ocean views from all the units. Newer double pane windows,carpet, appliances. Middle floor unit has a new kitchen. 2car garage. Onsite laundry. Keep this property as rental and collect apx. $8100 per month till you ready to build or leave in your own Beach Front penthouse while supplementing your mortgage with $6,000 rental income.

Last Agent to Sell the Property

Andrei Soumzine

First Team Real Estate License #01201203 Listed on: 04/10/2012

Co-Listed By

Elizabeth Oliverio

Circa Properties, Inc. License #01447129

Last Buyer's Agent

Stephen Haw

Keller Williams Palos Verdes License #00808646

Keller Williams Palos Verdes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 2,100 Sq Ft Lot
  • Lot Dimensions are 30x70

Parking

  • 2 Parking Spaces

Home Design

  • 4,300 Sq Ft Home
  • French Architecture
  • Wood Siding
  • Stucco

Utilities

  • No Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Tract Number 757
  • Assessor Parcel Number 17851211
  • Tax Block 26

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,080
  • Water Sewer Expense $660
  • Gross Income $8,400
  • Net Operating Income $97,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.05
  • View: No
  • Water Sewer Expenses: 660.00
  • Architectural Style: French
  • Property Type: Residential Income
  • Parcel Number: 17851211
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 504.65

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Appliances: Gas Water Heater

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 30x70
  • Lot Size Sq Ft: 2100.00
  • Lot Size Acres: 0.0480

Multi Family

  • Electric Expense: 1080.00
  • Gross Income: 8400.00
  • Gross Multiplier: 24.68
  • Gross Scheduled Income: 97200.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 2100.0000 Square Feet
  • Net Operating Income: 97200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3

Tax Info

  • Tax Area: 64004
  • Tax Block: 26
  • Tax Tract Number: 757

Range of Values:

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Sold Price
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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
08/29/2012 08/29/12 Sold $2,170,000 -9.5% $505 / Sq Ft
07/14/2012 07/14/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $2,399,000 -- $558 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Andrei Soumzine

    First Team Real Estate

    Section Image
  • Elizabeth Oliverio

    Seller Co-Listing Agent in 2012

    Elizabeth Oliverio

    Circa Properties, Inc.

    (714) 349-5625

    59 Total Sales

    Section Image
  • Stephen Haw

    Buyer's Agent in 2012

    Stephen Haw

    Keller Williams Palos Verdes

    (310) 503-9886

    113 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S695357

California Regional Multiple Listing Service (CRMLS)

California Orange County Sunset Beach 90742 Sunset Beach

16385 S Pacific Coast Hwy, Sunset Beach, CA

This home is located at 16385 S Pacific Coast Hwy, Sunset Beach, CA 90742 since 10 April 2012. This property was built in 1971. 16385 S Pacific Coast Hwy is a home located in Orange County with nearby schools including Agnes L. Smith Elementary, Ethel Dwyer Middle, and Huntington Beach High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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