NOT LISTED FOR SALE

Estimated Value: $1,263,000 - $1,506,800

3 Beds
2 Baths
1,583 Sq Ft
$910/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $960,000 $606 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $8,732/month

105 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Cooling System Mounted To A Wall/Window
  • Lowell Elementary School Rated A-
  • No HOA
  • 4-minute walk to Livingston Drive Park

About This Home

As of February 2016

BACK ON THE MARKET, JUST FELL OUT OF ESCROW!! Excellent Location, walking distance to the beach and 2nd St. TWO UNITS FOR WITH A VERY RARE, THREE CAR GARAGE. New carpets and re-finished hardwood floors in main unit, which is a large 2BR plus (more than 1500 sq. ft.) plus a large studio (over 500 Sq. Ft., could be 1BR) with a separate kitchen, walk-in closet, and laundry area. The main home features hardwood floors, large rooms, a huge bathroom, formal dining, and a beautiful fireplace. The Studio features a large living/dining area, a nicely arranged kitchen, a separate are that can be used as a BR, a good sized walk-in closet and bath, and a spot for a washer/dryer). You cannot beat this location.

Last Agent to Sell the Property

Robert Colenzo

RDC Co License #00912272 Listed on: 10/16/2015

Last Buyer's Agent

Lynette Sohl

Berkshire Hathaway Home Serv. License #1256496

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 3,059 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • East Facing Home
  • Block Wall Fence

Parking

  • 3 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Additions or Alterations
  • Raised Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,583 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Bonus Room with Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 27
  • Tax Tract Number 3885
  • Assessor Parcel Number 7247001027

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,790
  • Trash Expense $480
  • Water Sewer Expense $1,120
  • New Taxes Expense $11,988
  • Gross Income $3,100
  • Net Operating Income $35,880

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Subdivision Name Other: Belmont Shore (BSD)
  • Water Sewer Expenses: 1120.00
  • Architectural Style: Spanish
  • Property Condition: Additions/Alterations
  • Property Type: Residential Income
  • Parcel Number: 7247001027
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Entry Level: 1
  • Fireplace Features: Bonus Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 606.44

Exterior Features

  • Direction Faces: East
  • Foundation: Raised
  • Fencing: Block
  • Pool Private: No
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: In Closet, In Garage
  • Sewer: Sewer Paid
  • Trash Expense: 480.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Size Sq Ft: 3059.00
  • Price Per Lot Square Foot: 313.83
  • Lot Size Acres: 0.0700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 1583
  • Average Studio Area: 505
  • Gross Income: 3100.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 2790.00
  • Lot Size Area: 3059.0000 Square Feet
  • Net Operating Income: 35880.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Operating Expense: 1320.00
  • Rent Control: No
  • Total Actual Rent: 3100.00

Tax Info

  • New Taxes Expense: 11988.00
  • Tax Lot: 27
  • Tax Tract Number: 3885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2015
Sold by
Parris Tyson and The Larry E Parrish Living Tru
Bought by
Coastline Co Llc
Current Estimated Value
$1,440,700

Purchase Details

Closed on
Feb 24, 2015
Sold by
Coastline Co Llc
Bought by
Gertmenian Family Trust

Purchase Details

Closed on
Sep 29, 1993
Sold by
Parrish Larry E
Bought by
Parrish Larry E and Larry E Parrish Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Coastline Co Llc -- Ticor Title Co
Gertmenian Family Trust $960,000 Ticor Title Co
Parrish Larry E -- First American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2016 02/29/16 Sold $960,000 -4.0% $606 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $999,900 -- $632 / 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
2025 $14,210 $1,136,440 $909,154 $227,286
2024 $14,210 $1,114,158 $891,328 $222,830
2023 $13,975 $1,092,312 $873,851 $218,461
2022 $13,107 $1,070,895 $856,717 $214,178
2021 $12,857 $1,049,898 $839,919 $209,979
2019 $12,673 $1,018,758 $815,007 $203,751
2018 $12,348 $998,783 $799,027 $199,756
2016 $8,932 $750,000 $600,000 $150,000
2015 $4,357 $371,403 $221,734 $149,669
2014 $4,326 $364,129 $217,391 $146,738
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15228185

California Regional Multiple Listing Service (CRMLS)

APN: 7247-001-027