NOT LISTED FOR SALE
6 Beds
5 Baths
2,765 Sq Ft
1957 Built

Last Sold July 23, 2018

Last sale price $2,225,000 $805 Per Sq Ft

20 Days on Market

Highlights

  • Beach Access
  • All Bedrooms Downstairs
  • Fireplace in Primary Bedroom
  • Agnes L. Smith Elementary Rated A-
  • Two Primary Bedrooms
  • Cathedral Ceiling

About This Home

As of July 2018

2 LOTS, 2 STRUCTURES. ADDRESSES 16461, 16457, 16459 24TH ST. Rare Opportunity, just steps to the sand in beautiful Sunset Beach. Address 16461 24th st, is a single family residence on its own lot. Just next door is address 16457 and 16459; a Duplex on its own lot. Just steps to the sand. First house 3br, 2/lofts, 3 Bath-- 1 Bathroom attaced to each bedroom with attached 2 car garage. This home features: stain glass, hand carved antique wood burning fireplace and a second fireplace in the master bedroom, real wood floors, open beams vaulted ceilings, 2 lofts; one with a ladder in the front room and the other loft has a staircase to an amazing open beam room. Built-ins in the entry way, and much more. Truly a beautiful beach bungalow.
The second home is a duplex on its own lot; Each unit has a wonderful private courtyard. The kitchens are spacious and beautiful, the bathrooms are spacious and very comfortable. Each living room has a wood/gas fireplace. The duplex has a new roof with warranty and the home has a newer roof in great shape. An owner/investor's dream.

Last Agent to Sell the Property

Charles Lucas

Charles Lucas Realty License #00986614 Listed on: 03/08/2018

Last Buyer's Agent

Chuck Buscemi

First Team Real Estate License #00933809

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 60' x 90'
  • 1 Common Wall
  • Wood Fence
  • Rectangular Lot
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • Bungalow
  • Property Attached
  • Raised Foundation
  • Slab Foundation
  • Membrane Roofing
  • Asphalt Roof
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 2,765 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Bay Window
  • Living Room with Fireplace
  • Home Office
  • Loft
  • Carbon Monoxide Detectors

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • Double Master Bedroom
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer Hookup

Outdoor Features

  • Beach Access
  • Exterior Lighting

Utilities

  • Central Heating
  • Wall Furnace
  • Natural Gas Connected
  • High-Efficiency Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5 7
  • Tax Tract Number 757
  • Assessor Parcel Number 17851314

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Water Sewer Expense $360
  • New Taxes Expense $7,703
  • Operating Expense $10,000
  • Gross Income $79,860
  • Net Operating Income $69,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

3

Listing Details

  • Ad Number: Charles
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Sunset Beach (SUNB)
  • Water Sewer Expenses: 360.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 17851314
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room, Master Bedroom
  • Price Per Square Foot: 804.70
  • Room Type: All Bedrooms Down, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Office, Two Masters
  • Window Features: Bay Window(s)

Exterior Features

  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Asphalt, Membrane
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, High Efficiency Water Heater
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Inside, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot
  • Lot Size: 60' X 90'
  • Lot Size Sq Ft: 5227.00

Multi Family

  • Average1 Bed Area: 540 Square Feet
  • Average2 Bed Area: 884 Square Feet
  • Average3 Bed Area: 1339 Square Feet
  • Gross Income: 79860.00
  • Gross Operating Income: 2000.00
  • Gross Scheduled Income: 79860.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 69000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 10000.00
  • Rent Control: No
  • Total Expenses: 10000.00
  • Waterfront Features: Beach Access

Tax Info

  • New Taxes Expense: 7703.00
  • Tax Census Tract: 995.06
  • Tax Lot: 5 7
  • Tax Tract Number: 757
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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 List to Sale Price per Sq Ft
07/23/2018 07/23/18 Sold $2,225,000 -7.3% $805 / Sq Ft
03/10/2018 03/10/18 Price Changed $2,399,000 -4.0% $868 / Sq Ft
03/08/2018 03/08/18 For Sale $2,500,000 -- $904 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2022 $13,692 $1,169,436 $1,134,794 $34,642
2021 $13,451 $1,146,506 $1,112,543 $33,963
2020 $13,372 $1,134,750 $1,101,135 $33,615
2019 $13,217 $1,112,500 $1,079,544 $32,956
2018 $4,121 $289,148 $247,760 $41,388
2017 $7,703 $568,350 $485,804 $82,546
2016 $7,411 $557,206 $476,278 $80,928
2015 $7,204 $548,837 $469,124 $79,713
2014 $7,077 $538,087 $459,935 $78,152
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18053946

California Regional Multiple Listing Service (CRMLS)