NOT LISTED FOR SALE

217 Hillcrest Ave Marina, CA 93933

6 Beds
3 Baths
3,260 Sq Ft
7,405 Sq Ft Lot

Last Sold May 01, 2014

Last sale price $540,000 $166 Per Sq Ft

5 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 3-minute walk to Gloria Jean Tate Park

About This Home

As of May 2014

Three 2 bedroom apartments located near downtown Marina. 2 bed 2 bath, 2 bed 1 bath, 2 bed 1 bath, 5 parking spaces total. Laundry facility, great investment opportunity.

Last Agent to Sell the Property

Jose Morales

Creekside Real Estate License #01835851 Listed on: 03/13/2014

Last Buyer's Agent

Annie Giammanco

International Estates, Inc. License #00998517

International Estates, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1978

Lot Details

  • 7,405

Parking

  • Carport

Home Design

  • Triplex
  • Slate Roof

Interior Spaces

  • 3,260 Sq Ft Home
  • 2-Story Property
  • Carpet

Kitchen

  • Oven or Range
  • Dishwasher

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $42,000
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 3,260 Sq Ft Building

Building Details

  • Gardener Expense $80
  • Utility Expense $150
  • Trash Expense $100
  • Operating Expense $3,348
  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Year Built

1978

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Triplex
  • Age: 36
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 165.64
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 3260
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Interior Features

  • Kitchen: Dishwasher, Oven Range, Refrigerator
  • Living Sq Ft: 3260
  • Stories: 2
  • Laundry: Washer/Dryer - Owned Coin-Op
  • Flooring: Carpet

Exterior Features

  • Roof: Slate

Garage/Parking

  • Garage Parking Features: Carport

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7500.00
  • Lot Size Area Min Search: 7500.00
  • Maximum Lot Size: 7500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.88

Multi Family

  • Expense Landscape: 80
  • Expenses Total: 3348
  • Expenses Utility: 150
  • Expense Trash: 100
  • Expense Water Sewer: 245
  • Income Annual Gross: 42000.00
  • Income Annual Rental: 42000
  • Income Gross Scheduled: 42000
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Gas, Separate Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Fee - Property Tax, Services - Sewer
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Electric

Range of Values:

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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
05/01/2014 05/01/14 Sold $540,000 +8.2% $166 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $499,000 -- $153 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81408108

MLSListings

APN: 032-303-032