NOT LISTED FOR SALE
4 Beds
5 Baths
2,388 Sq Ft
2,614 Sq Ft Lot

Last Sold February 10, 2022

Last sale price $1,975,000 $827 Per Sq Ft

38 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room
  • Agnes L. Smith Elementary Rated A-

About This Home

As of February 2022

Steps to the sand! 4 unit building on a prime corner lot in Sunset Beach. All units are 1 bedroom, 1 bathroom, with long-term tenants. Potential for a 5th studio unit.

Last Agent to Sell the Property

Chuck Buscemi

First Team Real Estate License #00933809 Listed on: 11/15/2021

First Team Real Estate

Last Buyer's Agent

Chuck Buscemi

First Team Real Estate License #00933809 Listed on: 11/15/2021

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 2,614 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 3 Car Garage

Interior Spaces

  • 2,388 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 1 / 115
  • Tax Tract Number 757
  • Assessor Parcel Number 17853311
  • $1,785 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Sunset Beach Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,971
  • Fuel Expense $822
  • Insurance Expense $860
  • Water Sewer Expense $846
  • Operating Expense $4,499
  • Gross Income $79,392
  • Net Operating Income $74,893

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 450000
  • Property Attached: No
  • Subdivision Name Other: Sunset Beach (SUNB)
  • Water Sewer Expenses: 846.00
  • Property Type: Residential Income
  • Parcel Number: 17853311
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 827.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Electric Expense: 1971.00
  • Fuel Expense: 822.00
  • Gross Income: 79392.00
  • Gross Scheduled Income: 79392.00
  • Insurance Expense: 860.00
  • Lot Size Area: 2614.0000 Square Feet
  • Net Operating Income: 74893.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 4499.00
  • Rent Control: No
  • Total Expenses: 4499.00

Tax Info

  • Tax Block: 115
  • Tax Census Tract: 995.06
  • Tax Lot: 1
  • Tax Tract Number: 757
  • TaxOtherAnnualAssessmentAmount: 1785.00

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
02/10/2022 02/10/22 Sold $1,975,000 -12.2% $827 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
12/17/2021 12/17/21 Price Changed $2,250,000 -6.1% $942 / Sq Ft
11/15/2021 11/15/21 For Sale $2,395,000 -- $1,003 / 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: OC21246600

California Regional Multiple Listing Service (CRMLS)