NOT LISTED FOR SALE
8 Beds
4 Baths
6,384 Sq Ft
8,242 Sq Ft Lot

Sale Details

Date Sold: May 8, 2014

Last sale price $3,050,000 $478 Per Sq Ft

1 Day on Market

About This Home

As of May 2014

10 2 bedroom 1 bath. 9 of 10 remodeled. Rents are low.

Last Agent to Sell the Property

Jerry Tainter

Ossia Real Estate License #00622360 Listed on: 05/05/2014

Ossia Real Estate

Last Buyer's Agent

Linda Dondero

Beach City Brokers License #00865777

Beach City Brokers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 8,242 Sq Ft Lot
  • 1 Common Wall

Parking

  • 10 Car Garage

Home Design

  • 6,384 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 16311
  • Assessor Parcel Number 4165024031

Community Details

Overview

  • 2 Buildings
  • 10 Units

Building Details

  • 10 Leased Units
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • Electric Expense $847
  • Insurance Expense $5,256
  • Maintenance Expense $8,025
  • Professional Management Expense $8,640
  • Trash Expense $2,514
  • Water Sewer Expense $3,535
  • New Taxes Expense $38,125
  • Gross Income $15,100
  • Net Operating Income $113,620

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

8,242 Sq Ft Lot

Parking

10

Listing Details

  • Professional Management Expense: 8640.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3535.00
  • Property Type: Residential Income
  • Parcel Number: 4165024031
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 477.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 2514.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 8242.00
  • Lot Size Acres: 0.1890

Multi Family

  • Electric Expense: 847.00
  • Gross Income: 15100.00
  • Gross Scheduled Income: 183200.00
  • Insurance Expense: 5256.00
  • Lot Size Area: 8242.0000 Square Feet
  • Maintenance Expense: 8025.00
  • Net Operating Income: 113620.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Number With Range: 10
  • Number With Refrigerator: 10
  • Operating Expense: 69380.00
  • Rent Control: No
  • Total Actual Rent: 15100.00

Tax Info

  • New Taxes Expense: 38125.00
  • Tax Lot: 14
  • Tax Tract Number: 16311
  • Tax Year: 2013

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
May 5, 2014
Closed on
Mar 26, 2014
Sold by
Bought by
Seller's Agent
Jerry Tainter
Ossia Real Estate
Buyer's Agent
Linda Dondero
Beach City Brokers
List Price
$3,150,000
Sold Price
$3,050,000
Premium/Discount to List
-$100,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
0.0435%
Mortgage Type
Commercial
Source: Public Records
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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
$3,050,000 Usa National Title Company
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 $1,850,000
Closed $1,900,000
Closed $1,550,000
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
05/08/2014 05/08/14 Sold $3,050,000 -3.2% $478 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $3,150,000 -- $493 / 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 $22,242 $1,869,431 $1,716,204 $153,227
2024 $21,931 $1,832,776 $1,682,553 $150,223
2023 $21,303 $1,796,840 $1,649,562 $147,278
2022 $20,949 $1,761,609 $1,617,218 $144,391
2021 $20,745 $1,727,068 $1,585,508 $141,560
2019 $20,208 $1,675,844 $1,538,482 $137,362
2018 $19,784 $1,642,985 $1,508,316 $134,669
2016 $18,353 $1,579,189 $1,449,748 $129,441
2015 $17,985 $1,555,469 $1,427,972 $127,497
2014 $7,837 $616,350 $278,711 $337,639
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14094517

California Regional Multiple Listing Service (CRMLS)
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