NOT LISTED FOR SALE

Estimated Value: $1,322,000 - $1,622,027

5 Beds
4 Baths
1,600 Sq Ft
$927/Sq Ft Est. Value

Sale Details

Date Sold: February 23, 2021

Last sale price $1,200,000 $750 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $9,558 / mo

39 Days on Market

Highlights

  • Private Yard
  • Neighborhood Views
  • Living Room Balcony
  • Woodrow Wilson High School Rated A
  • Wood Frame Window
  • Recessed Lighting

About This Home

As of February 2021

Remodeled Triplex in highly desirable Belmont Heights and Bluff Park area. The owner's unit is a gorgeous 3 bed, 2 bath with sliding glass door from the cozy family room to the perfect courtyard for enjoyment and relaxation. 2 charming 1 bed, 1 bath units with a balcony overlooking the courtyard and neighborhood. Awesome location that is only 2 blocks from the beach, Bluff Park itself, and even the same distance to 2nd Street of Belmont Shore. Permits pulled for the the remodel include electrical, plumbing, mechanical, stucco, and windows. Highly sought wood framed windows installed brand new per historic district preservation guidelines. Live in 1 unit and rent the others to significantly supplement your mortgage or use this entire cash cow rent them all for income! Simple but elegant and well-manicured landscaping. Enjoy all this property has to offer in this great location!

Last Agent to Sell the Property

Bret Lewis

Bret Lewis, Broker License #01872524 Listed on: 11/05/2020

Last Buyer's Agent

Clara Yang

Sotheby's International Realty License #01201082

Sotheby's International Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 2,161 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Private Yard

Home Design

  • Turnkey

Interior Spaces

  • 1,600 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Wood Frame Window
  • Living Room Balcony
  • Neighborhood Views
  • Gas And Electric Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 882
  • Assessor Parcel Number 7264002031

Community Details

Overview

  • 3 Units
  • Bluff Park Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $90,000
  • Net Operating Income $90,000

Property Details

Home Type

Apartment

Year Built

Built in 1923 | Remodeled

Lot Details

2,161 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Bluff Park (BLF)
  • View: Yes
  • Zoning: LBR1N
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7264002031
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Living Room Balcony, Recessed Lighting
  • Common Walls: No Common Walls
  • Price Per Square Foot: 750.00
  • Window Features: Wood Frames

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Yard
  • Lot Size Sq Ft: 2161.00
  • Lot Size Acres: 0.0496

Multi Family

  • Gross Income: 90000.00
  • Gross Scheduled Income: 90000.00
  • Lot Size Area: 2161.0000 Square Feet
  • Net Operating Income: 90000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5772.00
  • Tax Lot: 16
  • Tax Tract Number: 882

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
Oct 30, 2019
Closed on
Dec 5, 2019
Sold by
Bought by
Seller's Agent
Tara Klein
Vista Sotheby’s International Realty
Buyer's Agent
Tara Riggi
Y Realty
List Price
$995,999
Sold Price
$870,000
Premium/Discount to List
-$125,999
-12.65%
Current Estimated Value
$1,483,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$613,257
Avg. Annual Appreciation
8.30%
Original Mortgage
$652,500
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2019
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 20, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Belmont Heights, CA

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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
$870,000 Chicago Title Company
-- None Available
$6,000 None Available
-- None Available
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
Closed $652,500
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 Prior Sale
02/23/2021 02/23/21 Sold $1,200,000 -3.9% $750 / Sq Ft
01/15/2021 01/15/21 For Sale $1,249,000 0.0% $781 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/13/2020 12/13/20 Pending -- -- --
12/10/2020 12/10/20 Price Changed $1,249,000 -3.8% $781 / Sq Ft
11/05/2020 11/05/20 For Sale $1,299,000 +49.3% $812 / Sq Ft
12/16/2019 12/16/19 Sold $870,000 -12.7% $587 / Sq Ft View Prior Sale
10/31/2019 10/31/19 Pending -- -- --
10/30/2019 10/30/19 For Sale $995,999 -- $672 / 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 $17,055 $1,298,917 $844,296 $454,621
2024 $16,332 $1,273,449 $827,742 $445,707
2023 $16,057 $1,248,480 $811,512 $436,968
2022 $15,060 $1,224,000 $795,600 $428,400
2021 $10,947 $879,013 $606,216 $272,797
2020 $10,919 $870,000 $600,000 $270,000
2019 $6,585 $505,337 $401,973 $103,364
2018 $6,410 $495,430 $394,092 $101,338
2016 $5,902 $476,193 $378,790 $97,403
2015 $5,667 $469,041 $373,101 $95,940
2014 $5,636 $459,854 $365,793 $94,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20233571

California Regional Multiple Listing Service (CRMLS)

APN: 7264-002-031

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