NOT LISTED FOR SALE

Estimated Value: $2,110,000 - $2,448,991

5 Beds
3 Baths
2,544 Sq Ft
$909/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $1,540,000 $605 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $13,434/month

25 Days on Market

Highlights

  • Two Primary Bedrooms
  • Midcentury Modern Architecture
  • Attic
  • Heinz Kaiser Elementary School Rated A
  • Fireplace in Primary Bedroom
  • High Ceiling

About This Home

As of March 2021

Mid Century Modern Two On A Lot Plus Studio off Garage Alley. Front - 3bd 1ba, open vaulted Beam Ceilings, Two Glass Fireplaces, Open Kitchen, a lot of windows. Master off back with French Doors leading to backyard and very private. Front and back enclosed yards, long driveway leading to a 1 car garage. Rear - Detached 2bd 1ba Mid Century Bungalow - off ally w carport , private patio yard w mature trees and palms, very cute w open beams through out, open kitchen to living room w breakfast bar. In addition, a Studio attached to back of garage with private carport and small enclosed patio. Excellent Location within 3 blocks from Triangle Square. Great Income Producing Units. This property would be great for that buyer who wants privacy and space occupying the front house and at the same time have producing income off the back units. Wont Last!!

Last Agent to Sell the Property

Chad Arico

Arico & Associates, Inc. License #01967186 Listed on: 10/24/2020

Last Buyer's Agent

Sandi Munoz

Seven Gables Real Estate License #00854435

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,276

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • East Facing Home
  • Privacy Fence
  • Wood Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • 4 Open Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Triplex
  • Midcentury Modern Architecture
  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,544 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Track Lighting
  • Gas Fireplace
  • Living Room with Fireplace
  • Concrete Flooring
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Two Homes on a Lot
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 9 / A
  • Tax Tract Number 377
  • Assessor Parcel Number 42523211

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • Eastside South Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $80
  • Insurance Expense $1,200
  • Gross Income $88,800
  • Net Operating Income $88,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,276

Year Built

Built in 1949 | Remodeled

Lot Details

7,841 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Eastside South (ESCM)
  • View: No
  • Architectural Style: Mid Century Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 80.00
  • Parcel Number: 42523211
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, High Ceilings, Track Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Concrete
  • Accessibility Features: 2+ Access Exits, See Remarks
  • Appliances: Yes
  • Fireplace Features: Living Room, Master Bedroom, Gas
  • Levels: One
  • Price Per Square Foot: 605.35
  • Room Type: Attic, Kitchen, Laundry, Living Room, Two Masters

Exterior Features

  • Direction Faces: East
  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Privacy, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Driveway, Concrete, Paved, Garage, Garage Faces Front, Garage - Single Door, On Site
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Water Heater, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Central, Wall Furnace, Natural Gas
  • Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, In Closet, Individual Room, Stackable, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Rectangular Lot, Level, Sprinkler System, Sprinklers In Front
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 640 Square Feet
  • Average3 Bed Area: 1471 Square Feet
  • Average Studio Area: 433 Square Feet
  • Gross Income: 88800.00
  • Gross Scheduled Income: 88800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 88800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 2
  • Number With Disposal: 3
  • Number With Drapes: 1
  • Number With Patio: 2
  • Number With Range: 3
  • Number With Refrigerator: 2
  • Rent Control: No
  • Total Actual Rent: 7400.00

Tax Info

  • Tax Block: A
  • Tax Census Tract: 633.01
  • Tax Lot: 9
  • Tax Tract Number: 377
  • Tax Annual Amount: 8276.00
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2020
Closed on
Feb 18, 2021
Sold by
Pico Llc
Bought by
Boelsems Emily Starr
Seller's Agent
Chad Arico
Arico & Associates, Inc.
Buyer's Agent
Sandi Munoz
Seven Gables Real Estate
List Price
$1,559,000
Sold Price
$1,540,000
Premium/Discount to List
-$19,000
-1.22%
Current Estimated Value
$2,313,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$773,248
Avg. Annual Appreciation
8.60%
Original Mortgage
$745,000
Outstanding Balance
$666,321
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,646,927

Purchase Details

Listed on
May 2, 2018
Closed on
Mar 26, 2018
Sold by
Arico Mark A
Bought by
Pico Llc
Seller's Agent
Chad Arico
Arico & Associates, Inc.
Buyer's Agent
Al Mejia
Al Mejia Real Estate
Sold Price
$3,500

Purchase Details

Closed on
Jul 2, 2013
Sold by
Arico Mark
Bought by
Arico Mark A and Arico Mark

Purchase Details

Closed on
Apr 11, 2011
Sold by
Arico Mark A and Arico Brandon Alexander
Bought by
Arico Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2010
Sold by
Us Bank National Association
Bought by
Arico Brandon Alexander

Purchase Details

Closed on
Mar 15, 2010
Sold by
Cote Marie
Bought by
Us Bank National Association

Purchase Details

Closed on
Feb 7, 2006
Sold by
Trecde 0545 Llc
Bought by
Cote Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
8.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 6, 2006
Sold by
Cote Gary
Bought by
Cote Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
8.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 25, 2005
Sold by
Stoneman James E and Stoneman Janet C
Bought by
Trecde 0545 Llc

Purchase Details

Closed on
Sep 16, 2005
Sold by
Stoneman Jim and Stoneman Janet
Bought by
Stoneman James E and Stoneman Janet C

Purchase Details

Closed on
Feb 24, 1993
Sold by
Bernauer Thomas A
Bought by
Stoneman Jim and Stoneman Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Boelsems Emily Starr $1,530,000 North American Title Company
Pico Llc -- None Available
Arico Mark A -- Lawyers Title Company
Arico Mark A -- None Available
Arico Brandon Alexander -- Lawyers Title Company
Arico Mark -- Lawyers Title Company
Arico Brandon Alexander $575,000 Servicelink
Us Bank National Association $630,000 Accommodation
Cote Marie $975,000 Alliance Title Company
Cote Marie -- Alliance Title Company
Trecde 0545 Llc -- --
Stoneman James E -- Alliance Title
Stoneman Jim $280,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boelsems Emily Starr $745,000
Previous Owner Arico Brandon Alexander $435,000
Previous Owner Cote Marie $682,500
Previous Owner Stoneman Jim $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2021 03/11/21 Sold $1,540,000 +3.7% $605 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
11/07/2020 11/07/20 Price Changed $1,485,000 -4.7% $584 / Sq Ft
10/24/2020 10/24/20 For Sale $1,559,000 0.0% $613 / Sq Ft
10/30/2019 10/30/19 Rented $3,500 0.0% --
10/02/2019 10/02/19 For Rent $3,500 0.0% --
07/02/2018 07/02/18 Rented $3,500 0.0% --
06/22/2018 06/22/18 For Rent $3,500 0.0% --
05/08/2018 05/08/18 Rented $3,500 +6.1% --
05/02/2018 05/02/18 For Rent $3,300 +6.5% --
01/11/2016 01/11/16 Rented $3,100 -3.1% --
12/21/2015 12/21/15 For Rent $3,200 -- --
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 $18,635 $1,656,120 $1,545,778 $110,342
2024 $18,635 $1,623,648 $1,515,469 $108,179
2023 $18,100 $1,591,812 $1,485,754 $106,058
2022 $17,671 $1,560,600 $1,456,621 $103,979
2021 $8,285 $680,570 $570,608 $109,962
2020 $8,177 $673,592 $564,757 $108,835
2019 $8,276 $660,385 $553,684 $106,701
2018 $8,104 $647,437 $542,828 $104,609
2017 $7,977 $634,743 $532,185 $102,558
2016 $7,817 $622,298 $521,750 $100,548
2015 $7,672 $612,951 $513,913 $99,038
2014 $7,507 $600,945 $503,847 $97,098
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20225186

California Regional Multiple Listing Service (CRMLS)

APN: 425-232-11

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