NOT LISTED FOR SALE
3 Beds
2 Baths
9,248 Sq Ft
7,504 Sq Ft Lot

Last Sold September 18, 2015

Last sale price $2,000,000 $216 Per Sq Ft

5 Days on Market

About This Home

As of September 2015

Excellent opportunity to own a large building in Alamitos Beach area. Just 3 blocks from the ocean. Fantastic rental area. Close to Belmont shore, the beach and Downtown. Never a problem renting. 10 large 1 bed 1 bath units and one large 2 bed 1 1/2 bath (1200sqft). All rents are under market. Long term tenants. Owner has made some improvements. Nice shared courtyard with 6 garages. NO SIGN ON PROPERTY and PLEASE DON"T WALK ON PROPERTY OR DISTURB TENANTS!! Offers subject to inspection.

Last Agent to Sell the Property

Chris Trainotti

Michael Torres, Broker License #01268624 Listed on: 05/06/2015

Last Buyer's Agent

Chris Trainotti

Michael Torres, Broker License #01268624 Listed on: 05/06/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,504 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall

Parking

  • 6 Car Garage

Home Design

  • 9,248 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 128
  • Assessor Parcel Number 7275019017

Community Details

Overview

  • 11 Units

Building Details

  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Subdivision Name Other: Alamitos Beach (AB)
  • Property Type: Residential Income
  • Parcel Number: 7275019017
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 216.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7504.00
  • Lot Size Acres: 0.1720

Multi Family

  • Gross Scheduled Income: 106560.00
  • Lot Size Area: 7504.0000 Square Feet
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 11
  • Rent Control: No

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 128
  • Tax Year: 2014
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2015 09/18/15 Sold $2,000,000 0.0% $216 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $2,000,000 -- $216 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $31,013 $2,367,589 $1,775,693 $591,896
2024 $31,013 $2,321,167 $1,740,876 $580,291
2023 $30,481 $2,275,655 $1,706,742 $568,913
2022 $28,626 $2,231,035 $1,673,277 $557,758
2021 $28,019 $2,187,290 $1,640,468 $546,822
2020 $27,944 $2,164,864 $1,623,648 $541,216
2019 $27,617 $3,500,000 $2,000,000 $1,500,000
2018 $26,889 $2,080,800 $1,560,600 $520,200
2016 $24,716 $2,000,000 $1,500,000 $500,000
2015 $4,393 $250,876 $44,854 $206,022
2014 $4,429 $245,963 $43,976 $201,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15096424

California Regional Multiple Listing Service (CRMLS)