NOT LISTED FOR SALE
5 Beds
4 Baths
3,020 Sq Ft
4,791 Sq Ft Lot

Sale Details

Date Sold: March 9, 2020

Last sale price $1,207,000 $400 Per Sq Ft

45 Days on Market

About This Home

As of March 2020

Rare opportunity to own a few blocks from the beach. Tenants are month to month and rents can be raised substantially. 4 units all with garages. Seller wants it sold quick, first one at asking or above gets it. Hurry...

Last Agent to Sell the Property

Tony English

English Realty License #01248620 Listed on: 12/09/2019

Last Buyer's Agent

Janet Layton

Real Broker License #01335772

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 4,791 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 3,020 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry in unit
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 5 / 4
  • Tax Tract Number 219
  • Assessor Parcel Number 1500511400

Community Details

Recreation

  • Bike Trail

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,500
  • Insurance Expense $1,000
  • Water Sewer Expense $3,900
  • New Taxes Expense $10,000
  • Operating Expense $1,030
  • Gross Income $57,600
  • Net Operating Income $47,600

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

4,791 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3900.00
  • Zoning: CR
  • Property Type: Residential Income
  • Parcel Number: 1500511400
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 399.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4791.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 1289 Square Feet
  • Average2 Bed Area: 1250 Square Feet
  • Average3 Bed Area: 800 Square Feet
  • Average Studio Area: 1450 Square Feet
  • Electric Expense: 1500.00
  • Gross Income: 57600.00
  • Gross Scheduled Income: 57600.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 4791.0000 Square Feet
  • Net Operating Income: 47600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 1030.00
  • Rent Control: No
  • Total Actual Rent: 57600.00
  • Total Expenses: 1030.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Block: 4
  • Tax Census Tract: 184.00
  • Tax Lot: 5
  • Tax Tract Number: 219
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
03/09/2020 03/09/20 Sold $1,207,000 -3.4% $400 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/19/2020 01/19/20 Price Changed $1,250,000 -3.8% $414 / Sq Ft
12/09/2019 12/09/19 For Sale $1,300,000 -- $430 / 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 $14,568 $1,320,025 $956,938 $363,087
2024 $14,568 $1,294,143 $938,175 $355,968
2023 $14,120 $1,268,769 $919,780 $348,989
2022 $13,906 $1,243,893 $901,746 $342,147
2021 $13,961 $1,219,504 $884,065 $335,439
2020 $2,859 $248,493 $72,467 $176,026
2019 $2,778 $243,622 $71,047 $172,575
2018 $2,749 $238,846 $69,654 $169,192
2017 $2,698 $234,164 $68,289 $165,875
2016 $2,610 $229,573 $66,950 $162,623
2015 $2,536 $226,126 $65,945 $160,181
2014 $2,442 $221,698 $64,654 $157,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19277982

California Regional Multiple Listing Service (CRMLS)

APN: 150-051-14-00

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