NOT LISTED FOR SALE
7 Beds
5 Baths
3,074 Sq Ft
3,920 Sq Ft Lot

Last Sold July 01, 2020

Last sale price $1,440,000 $468 Per Sq Ft

Highlights

  • Laundry Room
  • 3 Car Garage
  • 4-minute walk to Max Berg Park
  • Las Palmas Elementary School Rated A-
  • Rectangular Lot

About This Home

As of July 2020

Triplex within walking distance to the beach! The 3 bedroom, 2 bath unit is on the lower level with a patio/backyard. The 2 bedroom, 1 bath and the 2 bedroom 1.5 units are both on the upper level each with their own private balconies. Coined laundry onsite and a 3 car garage and 3 driveway parking spaces. Great location near the beach, Avenida Del Mar, Linda Lane Park, Las Palmas Elementary School and more!

Last Agent to Sell the Property

Jeremy Conrad

Conrad Realtors Inc License #01279209 Listed on: 07/01/2020

Last Buyer's Agent

Scott Kidd

Berkshire Hathaway HomeService License #01011063

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 3,920 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Triplex

Interior Spaces

  • 3,074 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Utilities

  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 27 / 19
  • Tax Tract Number 793
  • Assessor Parcel Number 69207421

Community Details

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,250
  • Trash Expense $1,500
  • Water Sewer Expense $1,800
  • New Taxes Expense $15,000
  • Operating Expense $20,550
  • Gross Income $82,200
  • Net Operating Income $61,650

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 69207421
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 468.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Private Sewer
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Multi Family

  • Gross Income: 82200.00
  • Gross Scheduled Income: 82200.00
  • Insurance Expense: 2250.00
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 61650.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 20550.00
  • Rent Control: No
  • Total Expenses: 20550.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Block: 19
  • Tax Census Tract: 421.08
  • Tax Lot: 27
  • Tax Tract Number: 793

Range of Values:

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Sold Price
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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 Change Sq Ft Price
07/01/2020 07/01/20 Sold $1,440,000 0.0% $468 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $1,440,000 -- $468 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20102315

California Regional Multiple Listing Service (CRMLS)

APN: 692-074-21