NOT LISTED FOR SALE

1702 Landing Ave Seal Beach, CA 90740

Estimated Value: $1,914,335 - $2,208,000

4 Beds
4 Baths
2,674 Sq Ft
$777/Sq Ft Est. Value

Last Sold March 22, 2013

Last sale price $949,000 $355 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $12,147/month

705 Days on Market

Highlights

  • Ocean View
  • Spa
  • Corner Lot
  • J. H. Mcgaugh Elementary School Rated A
  • Open Floorplan
  • Cottage

About This Home

As of March 2013

Rarely available, charming cottage w/ VIEWS 1-bedroom apartment with VIEWS, plus a studio. Reduce your mortgage by $1950/month. Live in this charming 3 bedroom home, over-sized corner lot, spacious wrap around veranda, open floor-plan, kitchen island, fireplace, large windows, bonus room on 2nd floor, roof deck with great views of the harbor & ocean. Peek-a-boo view from 2nd floor bedroom. Second floor has vaulted ceilings & a spacious bath w/ jacuzzi. 3/4 bath on 1st floor. Just sit on the veranda & watch beach life go by. Backyard features a very large spa. The one bedroom unit is spacious & features views, wood ceilings and walls. Each unit has garage parking. Steps to the ocean & Main St with wonderful restaurants & shops. Five minutes to 3 major freeways. Los Alamitos schools. Buyer may view front home but units are subject to inspection. Thanks

Last Agent to Sell the Property

Ann Tuler

First Team Real Estate License #01006772 Listed on: 03/08/2011

First Team Real Estate

Last Buyer's Agent

Bob Boller

Berkshire Hathaway HomeService License #01012789

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,412

Year Built

  • Built in 1913

Lot Details

  • 3,750 Sq Ft Lot
  • Corner Lot

Property Views

  • Ocean
  • Harbor
  • Peek-A-Boo

Home Design

  • Cottage
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,674 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Family Room Off Kitchen

Kitchen

  • Open to Family Room
  • Dishwasher
  • Kitchen Island
  • Ceramic Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Car Garage
  • Side Facing Garage
  • Two Garage Doors

Pool

  • Spa

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 2
  • Tax Tract Number 10
  • Assessor Parcel Number 19906106

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $1,500
  • Supplies Expense $200
  • Trash Expense $1,000
  • Water Sewer Expense $1,800
  • New Taxes Expense $10,300
  • Gross Income $4,250
  • Net Operating Income $46,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,412

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.85
  • Other Phone Number: 562 230 4482
  • Supplies Expense: 200.00
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 19906106
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters, Crown Molding, Open Floorplan, Recessed Lighting
  • Flooring: Carpet, Tile
  • Appliances: No
  • Fireplace Features: Gas Starter
  • Levels: Two
  • Price Per Square Foot: 354.90
  • Spa Features: Private
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: Harbor, Ocean, Peek-A-Boo, Water
  • Pool Private: No
  • Roof: Shingle
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Garage - Single Door, Garage Faces Side, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher
  • Heating Type: Natural Gas, Wall Furnace
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3750.00
  • Lot Size Acres: 0.0860

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 4250.00
  • Gross Multiplier: 18.61
  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 46000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 1
  • Operating Expense: 5000.00

Tax Info

  • New Taxes Expense: 10300.00
  • Tax Lot: 2
  • Tax Tract: Old Town
  • Tax Tract Number: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2020
Sold by
Boller Robert B and Boller Karen D
Bought by
Boller Karen Diane and Boller Robert Bryan
Total Days on Market
705
Current Estimated Value
$2,078,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Outstanding Balance
$566,646
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,473,291

Purchase Details

Closed on
Dec 31, 2019
Sold by
Boller Karen Diane and Boller Robert Bryan
Bought by
Boller Robert B and Boller Karen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2018
Sold by
Boller Robert Bryan and Boller Karen Diane
Bought by
Boller Robert and Boller Karen

Purchase Details

Listed on
Mar 8, 2011
Closed on
Feb 4, 2013
Sold by
Fitzgerald Warren A
Bought by
Boller Robert and Boller Karen
Seller's Agent
Ann Tuler
First Team Real Estate
Buyer's Agent
Bob Boller
Berkshire Hathaway HomeService
List Price
$974,000
Sold Price
$949,000
Premium/Discount to List
-$25,000
-2.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$600,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2004
Sold by
Lee Vic A and Lee Gaye C
Bought by
Fitzgerald Warren A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2000
Sold by
Lee Vic A and Lee Gaye C
Bought by
Lee Vic A and Lee Gaye C
Source: Public Records

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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

Purchase History

Date Buyer Sale Price Title Company
Boller Karen Diane -- First American Title Company
Boller Robert B -- First American Title Company
Boller Robert B -- First American Title Company
Boller Karen Diane -- Accommodation
Boller Robert -- None Available
Boller Robert $949,000 Western Resources Title Co
Fitzgerald Warren A $790,000 Ticor Title Company
Lee Vic A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boller Karen Diane $100,000
Open Boller Robert B $630,000
Closed Boller Robert B $630,000
Closed Boller Robert $75,000
Previous Owner Boller Robert $600,000
Previous Owner Fitzgerald Warren A $100,000
Previous Owner Fitzgerald Warren A $750,000
Previous Owner Fitzgerald Warren A $553,000
Previous Owner Lee Vic A $60,000
Closed Fitzgerald Warren A $197,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2013 03/22/13 Sold $949,000 -2.6% $355 / Sq Ft
02/10/2013 02/10/13 Pending -- -- --
03/08/2011 03/08/11 For Sale $974,000 -- $364 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $13,412 $1,146,464 $1,064,480 $81,984
2023 $13,112 $1,123,985 $1,043,608 $80,377
2022 $12,976 $1,101,947 $1,023,146 $78,801
2021 $12,687 $1,080,341 $1,003,085 $77,256
2020 $12,786 $1,069,264 $992,800 $76,464
2019 $12,395 $1,048,299 $973,334 $74,965
2018 $11,831 $1,027,745 $954,249 $73,496
2017 $11,584 $1,007,594 $935,539 $72,055
2016 $11,366 $987,838 $917,195 $70,643
2015 $11,218 $972,355 $903,418 $68,937
2014 $10,949 $953,308 $885,721 $67,587
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P772801

California Regional Multiple Listing Service (CRMLS)

APN: 199-061-06