NOT LISTED FOR SALE

Estimated Value: $1,426,867 - $1,622,000

5 Beds
3 Baths
2,490 Sq Ft
$601/Sq Ft Est. Value

Last Sold March 28, 2016

Last sale price $910,000 $365 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $8,741/month

37 Days on Market

Highlights

  • Solar Power System
  • All Bedrooms Downstairs
  • Wood Flooring
  • Woodrow Wilson High School Rated A
  • 0.15 Acre Lot
  • No HOA

About This Home

As of March 2016

This multi- unit property is located in a greatly desirable neighborhood close to Cal State University, Downtown, Shopping, Boat Docks and the beach. It has great curb appeal and is on a nice quiet street. Front house has a newer roof, new front doors, new bay windows in the front, copper piping all throughout, and ungraded windows with a super large living room and kitchen compared to other comps in the area. The back units have all new doors and new windows with refurbished interior. The back units has their own full garages with rolldown doors. All units have wood floors. There is a garden (lit at night) between the units with a waterfall and water features that runs on solar power. There is an alley entrance and parking for 2 cars is available in the alley. Two owned coin-operated washer and dryers and an additional tool storage room are also attached to the back unit.
There is no sign on the premises. Please do not disturb the tenants. Physical inspection of the property upon acceptance of offer.
Move fast! We expect this property to be sold quickly as there is no other property like it in the area.

Last Agent to Sell the Property

Marie Kletke

Marie Kletke License #01104970 Listed on: 12/02/2015

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • 6,500 Sq Ft Lot
  • 1 Common Wall
  • Vinyl Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Property Attached
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • Asphalt Roof
  • Wood Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,490 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Bay Window
  • Wood Frame Window
  • Casement Windows
  • Window Screens
  • Living Room with Fireplace
  • Home Office
  • Workshop
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Ceramic Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Solar Power System

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Floor Furnace
  • Wall Furnace
  • Vented Exhaust Fan
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Legal Lot and Block 2 / 1
  • Assessor Parcel Number 7263005017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $840
  • Insurance Expense $450
  • Pest Control $500
  • Trash Expense $300
  • New Taxes Expense $7,555
  • Gross Income $1,030
  • Net Operating Income $35,115

Property Details

Home Type

Multi-Family

Year Built

Built in 1928 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Alamitos Heights (AH)
  • Zoning: LBR1N
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 7263005017
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceramic Counters, Ceiling Fan(s), Copper Plumbing Full, Tile Counters, Unfurnished
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Price Per Square Foot: 365.46
  • Room Type: All Bedrooms Down, All Bedrooms Up, Living Room, Master Bedroom, Walk-In Closet, Office, Workshop
  • Window Features: Blinds, Bay Window(s), Casement Windows, Screens, Wood Frames

Exterior Features

  • Foundation: Slab, Pillar/Post/Pier
  • Other Structures: Two On A Lot
  • Exterior Features: Lighting, Rain Gutters, Satellite Dish
  • Fencing: Vinyl
  • Pool Private: No
  • Roof: Asphalt, Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Off Street, On Site, Garage Faces Rear
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Water Heater, Disposal, Gas Oven, Gas Range, Gas Water Heater, Vented Exhaust Fan
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Community
  • Pest Control Expense: 500.00
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters, Sidewalks

Green Features

  • Efficiency: Insulation, Windows
  • Green Power: Solar

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6500.00
  • Price Per Lot Square Foot: 140.00
  • Lot Size Acres: 0.1490

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Average1 Bed Area: 645
  • Average3 Bed Area: 1200
  • Gross Income: 1030.00
  • Gross Scheduled Income: 45960.00
  • Insurance Expense: 450.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6500.0000 Square Feet
  • Net Operating Income: 35115.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Patio: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 10845.00
  • Rent Control: No
  • Total Actual Rent: 3270.00

Tax Info

  • New Taxes Expense: 7555.00
  • Tax Block: 1
  • Tax Lot: 2
  • Tax Tract Number: Alamit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2016
Sold by
Luff Trevor
Bought by
Coleman Valerie N
Current Estimated Value
$1,458,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2003
Sold by
Robertson Bruce D and Shweiri Gabriel
Bought by
Luff Trevor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
5.79%

Purchase Details

Closed on
Apr 1, 2002
Sold by
Robertson Bruce D
Bought by
Robertson Bruce D and Shweiri Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
6.78%

Purchase Details

Closed on
Jan 19, 2000
Sold by
Trust Carroll Cecilia M Co Tr Carroll Fa and Carroll Gregory F
Bought by
Robertson Bruce D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
8.87%

Purchase Details

Closed on
Nov 22, 1993
Sold by
Carroll Cecilia M
Bought by
Carroll Cecilia M and Carroll Gregory F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.74%
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
Coleman Valerie N $910,000 Title 365
Luff Trevor $523,000 Natc
Robertson Bruce D -- Fidelity National Title
Robertson Bruce D $270,000 Fidelity National Title Co
Carroll Cecilia M -- Investors Title
Carroll Cecilia M -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coleman Valerie N $637,000
Previous Owner Luff Trevor $470,000
Previous Owner Robertson Bruce D $266,000
Previous Owner Robertson Bruce D $216,000
Previous Owner Carroll Cecilia M $76,000
Closed Robertson Bruce D $40,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2016 03/28/16 Sold $910,000 +2.5% $365 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $887,500 -- $356 / 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 $13,802 $1,077,248 $710,274 $366,974
2024 $13,802 $1,056,127 $696,348 $359,779
2023 $13,571 $1,035,420 $682,695 $352,725
2022 $12,739 $1,015,118 $669,309 $345,809
2021 $12,487 $995,215 $656,186 $339,029
2020 $12,455 $985,011 $649,458 $335,553
2019 $12,310 $965,698 $636,724 $328,974
2018 $11,948 $946,764 $624,240 $322,524
2016 $7,869 $639,862 $423,314 $216,548
2015 $7,555 $630,252 $416,956 $213,296
2014 $7,510 $617,907 $408,789 $209,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15255958

California Regional Multiple Listing Service (CRMLS)

APN: 7263-005-017