NOT LISTED FOR SALE
4 Beds
4 Baths
1,992 Sq Ft
1,742 Sq Ft Lot

Last Sold November 05, 2020

Last sale price $1,422,000 $714 Per Sq Ft

26 Days on Market

Highlights

  • Park
  • Laundry Room
  • Stacked Washer and Dryer
  • Agnes L. Smith Elementary Rated A-
  • Central Heating and Cooling System

About This Home

As of November 2020

Beautiful Sunset Island legal duplex. This property was completely rebuilt in 2011 and features high-end finishes throughout. This property features a one bedroom 2 bathroom unit ground level with a 2nd level 3 bedroom 2 bathroom unit with access to rooftop deck and outdoor kitchen area. Extremely rare opportunity for an investor or owner occupant to live in one unit and rent the other. Walking distance to numerous amenities including shops, restaurants, bars and the beach. Extensive upgrades throughout including wood floors, granite counters, newer windows and AC. Rooftop deck provides 360 degree views. Don't miss out on this unique opportunity!

Last Agent to Sell the Property

Darren Hamilton

Hamilton Pacific Real Estate License #01226720 Listed on: 07/29/2020

Last Buyer's Agent

Darren Hamilton

Hamilton Pacific Real Estate License #01226720 Listed on: 07/29/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 1,742 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 1,992 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 6 / 415
  • Tax Tract Number 21
  • Assessor Parcel Number 17856126

Community Details

Overview

  • 2 Units
  • Sunset Beach Subdivision

Recreation

  • Park

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $4,000
  • Trash Expense $800
  • New Taxes Expense $16,788
  • Operating Expense $21,588
  • Gross Income $30,000
  • Net Operating Income $8,412

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Sunset Beach (SUNB)
  • Property Type: Residential Income
  • Parcel Number: 17856126
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 713.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Trash Expense: 800.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park, Storm Drains, Street Lights

Lot Info

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

Multi Family

  • Gross Income: 30000.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 1742.0000 Square Feet
  • Net Operating Income: 8412.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 21588.00
  • Rent Control: No
  • Total Actual Rent: 2500.00
  • Total Expenses: 21588.00

Tax Info

  • New Taxes Expense: 16788.00
  • Tax Block: 415
  • Tax Census Tract: 994.16
  • Tax Lot: 6
  • Tax Tract Number: 21
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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
11/05/2020 11/05/20 Sold $1,422,000 -5.1% $714 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/10/2020 08/10/20 Price Changed $1,499,000 +7.1% $753 / Sq Ft
07/29/2020 07/29/20 For Sale $1,399,000 -- $702 / 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
2025 $17,864 $1,539,216 $1,429,190 $110,026
2024 $17,864 $1,509,036 $1,401,167 $107,869
2023 $17,182 $1,479,448 $1,373,694 $105,754
2022 $16,759 $1,450,440 $1,346,759 $103,681
2021 $16,460 $1,422,000 $1,320,351 $101,649
2020 $10,349 $866,887 $759,037 $107,850
2019 $10,230 $849,890 $744,154 $105,736
2018 $10,084 $833,226 $729,563 $103,663
2017 $9,960 $816,889 $715,258 $101,631
2016 $9,542 $800,872 $701,233 $99,639
2015 $9,362 $788,843 $690,700 $98,143
2014 $9,181 $773,391 $677,170 $96,221
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20151577

California Regional Multiple Listing Service (CRMLS)