NOT LISTED FOR SALE
1 Bed
2 Baths
12,566 Sq Ft
8,271 Sq Ft Lot

Sale Details

Date Sold: October 9, 2023

Last sale price $3,900,000 $310 Per Sq Ft

91 Days on Market

About This Home

As of October 2023

Walk in Closet with Dressing Area, Built-in Dresser Full Kitchen, Stove and Refrigerator included Custom Laid Ceramic Tile in Bathroom & Kitchen
Charming & Well Maintained Building Carpet & Vertical Blinds
Laundry on Premises View by appointment only No Pets

Last Agent to Sell the Property

Kevin King

Marcus & Millichap License #01158184 Listed on: 03/27/2023

Last Buyer's Agent

NONE NONE

None MRML License #N/A

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 8,271 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Home Design

  • 12,566 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Legal Lot and Block 5 / 129
  • Tax Tract Number 576503
  • Assessor Parcel Number 7275013018
  • $3,338 per year additional tax assessments

Community Details

Overview

  • 20 Units
  • Alamitos Beach Subdivision

Building Details

  • 20 Separate Electric Meters
  • 20 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,849
  • Fuel Expense $1,849
  • Gardener Expense $1,000
  • Insurance Expense $9,498
  • Maintenance Expense $13,100
  • Professional Management Expense $35,320
  • Trash Expense $1,849
  • Water Sewer Expense $1,849
  • New Taxes Expense $55,000
  • Operating Expense $117,718
  • Gross Income $281,583
  • Net Operating Income $163,865

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

8,271 Sq Ft Lot

Listing Details

  • Professional Management Expense: 35320.00
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 1849.20
  • Zoning: LBR2N
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1000.00
  • Parcel Number: 7275013018
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 310.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1849.20
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 8271.00
  • Lot Size Acres: 0.1899

Multi Family

  • Electric Expense: 1849.20
  • Fuel Expense: 1849.20
  • Gross Income: 281583.00
  • Gross Scheduled Income: 290292.00
  • Insurance Expense: 9498.00
  • Lot Size Area: 8271.0000 Square Feet
  • Maintenance Expense: 13100.00
  • Net Operating Income: 163865.00
  • Number Of Separate Electric Meters: 20
  • Number Of Separate Gas Meters: 20
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 20
  • Operating Expense: 117718.00
  • Rent Control: No
  • Total Expenses: 117718.00

Tax Info

  • New Taxes Expense: 55000.00
  • Tax Block: 129
  • Tax Census Tract: 5765.03
  • Tax Lot: 5
  • Tax Tract Number: 576503
  • TaxOtherAnnualAssessmentAmount: 3338.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
01/04/2026 01/04/26 Off Market $1,695 -- --
10/20/2025 10/20/25 Price Changed $1,695 +4.3% $3 / Sq Ft
10/15/2025 10/15/25 Price Changed $1,625 +1.9% $3 / Sq Ft
09/29/2025 09/29/25 Price Changed $1,595 -5.9% $3 / Sq Ft
09/11/2025 09/11/25 For Rent $1,695 0.0% --
10/09/2023 10/09/23 Sold $3,900,000 -11.4% $310 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
05/24/2023 05/24/23 Price Changed $4,400,000 -2.2% $350 / Sq Ft
03/27/2023 03/27/23 For Sale $4,500,000 -- $358 / 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 $54,358 $3,978,000 $2,550,000 $1,428,000
2024 $51,958 $3,900,000 $2,500,000 $1,400,000
2023 $12,780 $747,263 $158,067 $589,196
2022 $12,071 $732,612 $154,968 $577,644
2021 $11,711 $718,248 $151,930 $566,318
2019 $11,540 $698,767 $147,425 $551,342
2018 $11,184 $685,103 $144,535 $540,568
2016 $10,267 $656,752 $138,923 $517,829
2015 $9,915 $646,888 $136,837 $510,051
2014 $9,958 $634,217 $134,157 $500,060
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23048232

California Regional Multiple Listing Service (CRMLS)
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