$999,900
UNDER CONTRACT $125K PRICE DROP

Estimated payment $5,466/month

Total Views 22,832
2 Beds
2 Baths
1,161 Sq Ft
$861 Price per Sq Ft

Highlights

  • Midcentury Modern Architecture
  • Wood Flooring
  • Galley Kitchen
  • Lowell Elementary School Rated A-
  • Lawn
  • 4-minute walk to Livingston Drive Park

About This Home

Prime location in Belmont Shore, South of 2nd St. Single-story duplex, each unit is a 1 Bedroom. Hardwood Floors. Includes 2 single-car garages (one is over-sized) off the alley. Vinyl dual-pane windows in upgraded in front unit. New roof in Nov. 2014. Also available (next door) and a "separate parcel" is 176 St. Joseph. These are identical side-by-side duplex's, on separate lots - Buy both and own 4 units! These two duplex's have been within the family for many years - a fixer and value add opportunity! Best priced duplex in the shore.

Listing Agent

Mark Kachigan

Pabst, Kinney & Associates Brokerage Phone: 562-225-4848 License #00644779 Listed on: 09/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,666

Year Built

  • Built in 1942

Lot Details

  • 3,061 Sq Ft Lot
  • Lot Dimensions are 34' x 90'
  • 1 Common Wall
  • Rectangular Lot
  • Level Lot
  • Lawn

Parking

  • 2 Car Garage
  • Oversized Parking
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Duplex
  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Fixer Upper
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,161 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Floor Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 18
  • Tax Tract Number 3885
  • Assessor Parcel Number 7247002005
  • $407 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • Belmont Shore Subdivision

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,041
  • Other Expense $570
  • Gross Income $41,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,666

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 499950
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: No
  • Zoning: LBR2S
  • Architectural Style: Mid Century Modern
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7247002005
  • Year Built: 1942
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Entry Level: 1
  • Price Per Square Foot: 861.24
  • Room Type: All Bedrooms Down, Galley Kitchen, Kitchen, Living Room

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Single Door, Oversized
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Electricity - On Property
  • Heating Type: Floor Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Level with Street, Rectangular Lot, Level, Walkstreet
  • Lot Size: 34' X 90'
  • Lot Size Sq Ft: 3061.00
  • Lot Size Acres: 0.0703

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 580 Square Feet
  • Gross Operating Income: 41320.00
  • Gross Scheduled Income: 42600.00
  • Insurance Expense: 1041.00
  • Lot Size Area: 3061.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Other Expense: 570.00
  • Other Expense Description: utilitie
  • Rent Control: Yes
  • Total Actual Rent: 3550.00
  • Vacancy Allowance: 1280
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 5773.00
  • Tax Lot: 7
  • Tax Tract Number: 3885
  • TaxOtherAnnualAssessmentAmount: 407.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,666 $102,665 $82,839 $19,826
2024 $1,666 $100,653 $81,215 $19,438
2023 $1,635 $98,680 $79,623 $19,057
2022 $1,546 $96,746 $78,062 $18,684
2021 $1,505 $94,850 $76,532 $18,318
2020 $1,501 $93,879 $75,748 $18,131
2019 $1,484 $92,039 $74,263 $17,776
2018 $9,275 $743,146 $450,392 $292,754
2016 $1,281 $86,728 $69,979 $16,749
2015 $1,236 $85,426 $68,928 $16,498
2014 $1,239 $83,753 $67,578 $16,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $999,900 -4.3% $861 / Sq Ft
06/03/2025 06/03/25 Price Changed $1,045,000 -4.6% $900 / Sq Ft
01/02/2025 01/02/25 Price Changed $1,095,000 -2.7% $943 / Sq Ft
09/19/2024 09/19/24 For Sale $1,125,000 -- $969 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Grant Deed -- Southland Title
Quit Claim Deed -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $152,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24191425

California Regional Multiple Listing Service (CRMLS)

APN: 7247-002-005