NOT LISTED FOR SALE

Estimated Value: $1,729,000 - $3,599,000

3 Beds
3 Baths
1,134 Sq Ft
$2,031/Sq Ft Est. Value

Sale Details

Date Sold: February 14, 2025

Last sale price $1,925,000 $1,698 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $13,772 / mo

322 Days on Market

Highlights

  • Property has ocean access
  • Peek-A-Boo Views
  • Property is near park and public transit
  • Agnes L. Smith Elementary Rated A-
  • Open Floorplan
  • 1-minute walk to Linear Park

About This Home

As of February 2025

Great Investment Opportunity in Sunset Beach! Great Financial Numbers! Two Unit Income Producing Property Steps from the Sand and Surf! Downstairs Unit Consists of a Permitted and Thriving Weekly Rental Unit, and is a 2 Bedroom, 1.5 Bathroom, with a Large Dining/Living Room, Patio and Free Standing Studio with Shower and Sink, Long Driveway and Single Car Garage! Spacious 1 Bedroom, 1 Bathroom Upstairs Apartment is Currently Rented Month to Month for Continuous Year Long Income. Use One Residence and Rent the Other! Playground and Park Across the Street on Greenbelt/Medium, Bolsa Chica with Fire Pits a Short Walk Away, and Walk to Many of the Local Restaurants Nearby! All Financial Information is Based on Realistic Projections of 75% Occupancy at $400/Day for the Weekly Rental, and $3,200/mo. for the Monthly Rental. Price Includes Approved Plans for Two Spectacular Townhomes with Rooftop Decks and Fantastic Views!

Last Agent to Sell the Property

Dave Chamberlain

Team Chamberlain Realty Exe. Brokerage Phone: 714-875-5330 License #00762670 Listed on: 02/21/2024

Team Chamberlain Realty Exe.

Last Buyer's Agent

Katrina Do

Real Broker License #02142741

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 2,700 Sq Ft Lot
  • 1 Common Wall
  • Vinyl Fence
  • Corner Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Driveway

Property Views

  • Peek-A-Boo
  • Park or Greenbelt

Home Design

  • Duplex
  • Cottage
  • Entry on the 1st floor
  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,134 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Entryway
  • Living Room with Fireplace
  • Laundry in unit

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Mirrored Closets Doors
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Exterior Lighting

Location

  • Property is near park and public transit
  • Suburban Location

Utilities

  • Floor Furnace
  • Natural Gas Connected
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 1 / 105
  • Tax Tract Number 757
  • Assessor Parcel Number 17854512
  • $901 per year additional tax assessments

Community Details

Overview

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

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Cable TV Expense $600
  • Electric Expense $1,800
  • Fuel Expense $360
  • Insurance Expense $1,200
  • Maintenance Expense $600
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $22,604
  • Gross Income $147,900
  • Net Operating Income $125,286

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

2,700 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 4.64
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Sunset Beach (SUNB)
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Cottage
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 17854512
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Granite Counters, Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1697.53
  • Room Type: Entry, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • View: Park/Greenbelt, Peek-A-Boo
  • Fence: Yes
  • Fencing: Vinyl
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Side, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Water Heater
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 2700.00
  • Lot Size Acres: 0.0620

Multi Family

  • Cable TV Expense: 600.00
  • Electric Expense: 1800.00
  • Fuel Expense: 360.00
  • Gross Income: 147900.00
  • Gross Multiplier: 18.25
  • Gross Scheduled Income: 147900.00
  • Gross Spendable Income: 125286.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 2700.0000 Square Feet
  • Maintenance Expense: 600.00
  • Net Operating Income: 125286.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 22614.00
  • Rent Control: Yes
  • Total Expenses: 22604.00
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Block: 105
  • Tax Census Tract: 995.06
  • Tax Lot: 1
  • Tax Tract Number: 757
  • TaxOtherAnnualAssessmentAmount: 901.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Jan 21, 2025
Sold by
Bought by
Seller's Agent
Dave Chamberlain
Team Chamberlain Realty Exe.
Buyer's Agent
Katrina Do
Real Broker
List Price
$2,495,000
Sold Price
$1,925,000
Premium/Discount to List
-$570,000
-22.85%
Views
304
Current Estimated Value
$2,302,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,716
Avg. Annual Appreciation
13.55%
Original Mortgage
$1,077,000
Interest Rate
0.0691%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2024
Closed on
Jan 9, 2025
Sold by
Bought by
Seller's Agent
Dave Chamberlain
Team Chamberlain Realty Exe.
Buyer's Agent
Katrina Do
Real Broker
List Price
$2,495,000
Sold Price
$1,925,000
Premium/Discount to List
-$570,000
-22.85%
Views
304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,077,000
Interest Rate
0.0691%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2021
Sold by
Bought by

Purchase Details

Closed on
Feb 14, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
0.0525%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
0.0525%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
0.0525%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2018
Sold by
Bought by

Purchase Details

Closed on
Mar 19, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 16, 2015
Sold by
Bought by

Purchase Details

Listed on
Feb 7, 2013
Closed on
Apr 16, 2013
Sold by
Bought by
Seller's Agent
Carl Wuestehube
Tri-Star Realty
Buyer's Agent
Dave Troutt
Seven Gables Real Estate
List Price
$1,150,000
Sold Price
$1,000,000
Premium/Discount to List
-$150,000
-13.04%

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%

Purchase Details

Listed on
Feb 7, 2013
Closed on
Mar 18, 2013
Sold by
Bought by
Seller's Agent
Carl Wuestehube
Tri-Star Realty
Buyer's Agent
Dave Troutt
Seven Gables Real Estate
List Price
$1,150,000
Sold Price
$1,000,000
Premium/Discount to List
-$150,000
-13.04%

Purchase Details

Closed on
Apr 23, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 9, 2007
Sold by
Bought by

Purchase Details

Closed on
Sep 13, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 29, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Orange Coast Title
$1,925,000 Orange Coast Title
-- None Available
-- None Available
-- Wfg Title Company
$1,201,500 Wfg National Title Company
-- None Available
$1,200,000 Ticor Title Company
-- Fatco
$503,500 None Available
-- None Available
$1,000,000 First American Title Company
-- None Available
-- None Available
-- Accommodation
$278,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,077,000
Previous Owner $1,330,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2025 02/14/25 Sold $1,925,000 -3.6% $1,698 / Sq Ft
12/18/2024 12/18/24 Price Changed $1,995,995 -7.2% $1,760 / Sq Ft
07/17/2024 07/17/24 Price Changed $2,150,000 -3.2% $1,896 / Sq Ft
07/01/2024 07/01/24 Price Changed $2,220,000 -1.1% $1,958 / Sq Ft
06/01/2024 06/01/24 Price Changed $2,245,000 -2.2% $1,980 / Sq Ft
04/19/2024 04/19/24 Price Changed $2,295,000 -4.2% $2,024 / Sq Ft
04/04/2024 04/04/24 Price Changed $2,395,000 -4.0% $2,112 / Sq Ft
02/21/2024 02/21/24 For Sale $2,495,000 0.0% $2,200 / Sq Ft
12/19/2014 12/19/14 Rented $1,850 -5.1% --
11/19/2014 11/19/14 Under Contract -- -- --
10/28/2014 10/28/14 For Rent $1,950 +5.4% --
09/07/2013 09/07/13 Rented $1,850 -2.4% --
08/25/2013 08/25/13 Under Contract -- -- --
08/10/2013 08/10/13 For Rent $1,895 0.0% --
03/27/2013 03/27/13 Sold $1,000,000 -13.0% $882 / Sq Ft View Prior Sale
03/15/2013 03/15/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $1,150,000 -- $1,014 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,143 $1,287,927 $1,241,123 $46,804
2024 $15,143 $1,262,674 $1,216,787 $45,887
2023 $14,519 $1,237,916 $1,192,928 $44,988
2022 $14,165 $1,213,644 $1,169,538 $44,106
2021 $14,176 $1,213,644 $1,169,538 $44,106
2020 $15,360 $1,316,580 $1,273,297 $43,283
2019 $15,180 $1,290,765 $1,248,330 $42,435
2018 $14,981 $1,267,519 $1,225,848 $41,671
2017 $14,794 $1,242,666 $1,201,812 $40,854
2016 $14,156 $1,218,300 $1,178,247 $40,053
2015 $12,014 $1,024,610 $986,866 $37,744
2014 $11,779 $1,004,540 $967,535 $37,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24034979

California Regional Multiple Listing Service (CRMLS)

APN: 178-545-12

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