NOT LISTED FOR SALE

Estimated Value: $1,998,395 - $2,615,000

2 Beds
2 Baths
1,200 Sq Ft
$1,893/Sq Ft Est. Value

Highlights

  • Ocean View
  • No HOA
  • Park
  • Grand View Elementary School Rated A
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of January 2022

Great N. Manhattan Location, West of Highland, just doors from the beach. Amazing ocean views from upper unit. 2 car garage. Upper unit in great condition with updated kitchen & baths, dining area, living room, master has it's own bath & walk-in closet, good size bedrooms, nice wrap around balcony.

Last Agent to Rent the Property

Nasser Karama

PV Elite Group Inc. License #02039063 Listed on: 11/28/2021

Last Renter's Agent

Nasser Karama

PV Elite Group Inc. License #02039063 Listed on: 11/28/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 1,351 Sq Ft Lot
  • 1 Common Wall
  • Lot Sloped Down

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 1,200 Sq Ft Home
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Water Not Available

Listing and Financial Details

  • Security Deposit $5,200
  • Rent includes trash collection, water
  • 12-Month Minimum Lease Term
  • Available 12/1/21
  • Tax Lot 6
  • Tax Tract Number 4103
  • Assessor Parcel Number 4137008010

Community Details

Overview

  • No Home Owners Association
  • 24 Units

Recreation

  • Park
  • Water Sports
  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2021-12-01
  • Credit Check Paid By: Tenant
  • Deposit Security: 5200
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Duplex
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 4137008010
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1200.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 4.50

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park, Watersports

Lot Info

  • Additional Parcels: No
  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 1351.00
  • Lot Size Acres: 0.0310

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 1351.0000 Square Feet
  • Number Of Units In Community: 24
  • Number Of Units Total: 1
  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 4103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2013
Sold by
Karama Hesham A
Bought by
Karama Family Trust
Current Estimated Value
$2,236,402

Purchase Details

Closed on
Nov 14, 2012
Sold by
Karama Hesham A and Karama Dalai T
Bought by
Karama Hesham A and Karama Dalai T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,000
Outstanding Balance
$425,113
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$1,846,486

Purchase Details

Closed on
Feb 10, 2012
Sold by
Karama Hesham A and Karama Dalal T
Bought by
Karama Hesham A and Karama Dalal T

Purchase Details

Closed on
Dec 4, 2010
Sold by
Meeker George R and Smith Katrina
Bought by
Karama Hesham A and Karama Dalal T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2005
Sold by
Rosenthal Harold L and Rosenthal Lisa A
Bought by
Meeker George R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Karama Family Trust -- Stewart Title Company
Karama Hesham A -- Stewart Title Company
Karama Hesham A -- Stewart Title Company
Karama Hesham A -- None Available
Karama Hesham A $975,000 Usa National Title Co
Meeker George R $1,200,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karama Hesham A $618,000
Closed Karama Hesham A $633,750
Previous Owner Meeker George R $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2022 01/17/22 Rented $5,400 0.0% --
11/30/2021 11/30/21 Price Changed $5,400 +3.8% $5 / Sq Ft
11/28/2021 11/28/21 For Rent $5,200 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $16,049 $1,249,136 $1,082,589 $166,547
2024 $16,049 $1,224,644 $1,061,362 $163,282
2023 $23,328 $1,887,000 $1,632,000 $255,000
2022 $15,449 $1,177,092 $1,020,149 $156,943
2021 $15,248 $1,154,013 $1,000,147 $153,866
2020 $15,119 $1,143,581 $989,892 $153,689
2019 $13,105 $1,121,186 $970,483 $150,703
2018 $12,847 $1,099,230 $951,454 $147,776
2016 $11,859 $1,055,202 $914,509 $140,693
2015 $11,615 $1,039,353 $900,773 $138,580
2014 $11,461 $1,018,995 $883,129 $135,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21255677

California Regional Multiple Listing Service (CRMLS)

APN: 4137-008-010