NOT LISTED FOR SALE

Estimated Value: $2,172,000 - $2,590,698

6 Beds
6 Baths
4,456 Sq Ft
$531/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2021

Last sale price $1,925,000 $432 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $15,291 / mo

3 Days on Market

Highlights

  • Dual Staircase
  • Wood Flooring
  • Granite Countertops
  • Fremont Elementary School Rated A
  • Main Floor Bedroom
  • Private Yard

About This Home

As of January 2021

Belmont Heights Classic Spanish 4 Unit. 2 spacious 2 BR, 1.5 BA w/large LR, DR. 2 units of 1 BR. Property exudes Pride of ownership. Exquisitely maintained & manicured lush landscaping. Original hardwood floors throughout, gorgeous window treatments, updated granite kitchen counters in 3 units. Front Bldg has new electric panel, 220 wiring, new copper plumbing. Owners' has new FAH, upgraded appliances, Soapstone counters, new cabinetry, built in breakfast table and benches plus private patio space for outdoor entertaining. All units have charming original Batchelder Tile around Faux fireplaces. Seismic retrofitting and bolted done in both. Exterior was recently painted in rich classic Spanish colors. Unit C is AIRBNB w/high income. Long term quests return for additional visits. Resident buyers may offer this lucrative activity providing owner occupies 1 unit. Owners retain 2 garages & parking landing for personal use; 2 garages are included in rent. Community laundry on premises for use of AIRBNB guests & tenants Seller will leave washer dryer. Very low rents for this quality building. Great upward potential. Long term tenants. A VERY SPECIAL BUILDING OF EXCEPTIONAL BEAUTY. Walk to the ocean and trendy Belmont Shore with all its services, upscale supermarkets plus 2nd & PCH with great shops and fine dining. A rare opportunity to live and invest in an exceptional and artistic building of architectural beauty.

Last Agent to Sell the Property

Silvana Raiola

Landmark Realtors License #00411102 Listed on: 11/05/2020

Last Buyer's Agent

Ryan Gonzalez

Lyon Stahl Investment Real Est License #01874815

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 6,522 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Sprinklers Throughout Yard
  • Private Yard
  • Back Yard

Parking

  • 4 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage
  • Assigned Parking

Home Design

  • Quadruplex
  • Turnkey
  • Tile Roof
  • Tar and Gravel Roof
  • Plaster

Interior Spaces

  • 4,456 Sq Ft Home
  • Dual Staircase
  • Ceiling Fan
  • Decorative Fireplace
  • Shutters
  • Custom Window Coverings
  • Blinds
  • Casement Windows
  • Window Screens
  • Living Room
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Granite Countertops
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 6 Bathrooms

Home Security

  • Window Bars
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Awning

Utilities

  • Forced Air Heating System
  • Floor Furnace
  • Wall Furnace
  • Gravity Heating System
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone, trash collection
  • Legal Lot and Block 9 / E
  • Assessor Parcel Number 7255010010

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Water Sports
  • Bike Trail

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $4,344
  • Gardener Expense $4,092
  • Insurance Expense $1,997
  • New Taxes Expense $20,878
  • Operating Expense $31,805
  • Gross Income $76,782
  • Net Operating Income $52,963

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

6,522 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s), Window Bars
  • View: Yes
  • Zoning: LBR1N
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 4092.00
  • Parcel Number: 7255010010
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Ceiling Fan(s), Ceramic Counters, Granite Counters, Stone Counters
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Decorative
  • Price Per Square Foot: 432.00
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Blinds, Casement Windows, Custom Covering, Drapes, Screens, Shutters

Exterior Features

  • Exterior Features: Awning(s), Rain Gutters
  • View: Neighborhood
  • Pool Private: No
  • Roof: Tar/Gravel, Tile
  • Construction Materials: Plaster

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Garage Faces Rear
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Water Line to Refrigerator
  • Electric: 220 Volts in Kitchen
  • Heating Type: Floor Furnace, Wall Furnace, Forced Air, Gravity, Fireplace(s)
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Watersports, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 6522.00
  • Lot Size Acres: 0.1497

Rental Info

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

Multi Family

  • Fuel Expense: 4344.00
  • Gross Income: 76782.00
  • Gross Operating Income: 76872.00
  • Gross Scheduled Income: 76872.00
  • Insurance Expense: 1997.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6522.0000 Square Feet
  • Net Operating Income: 52963.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Dishwasher: 1
  • Number With Disposal: 4
  • Number With Drapes: 2
  • Number With Patio: 2
  • Number With Range: 4
  • Number With Refrigerator: 3
  • Operating Expense: 23909.00
  • Rent Control: Yes
  • Total Actual Rent: 76872.00
  • Total Expenses: 31805.00

Tax Info

  • New Taxes Expense: 20878.00
  • Tax Block: E
  • Tax Census Tract: 5772.00
  • Tax Lot: 9
  • Tax Tract Number: Mira M

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2014
Sold by
Bought by
Current Estimated Value
$2,365,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,000
Outstanding Balance
$153,138
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$2,212,287

Purchase Details

Closed on
Dec 5, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.24%

Purchase Details

Closed on
Jun 1, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
7.09%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Belmont Heights, CA

See All Agents

Purchase 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 Buyer Sale Price Title Company
-- Ticor Title Company
-- None Available
-- Fidelity National Title Ins
$775,000 Equity Title
-- Equity Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $523,000
Closed $600,000
Previous Owner $620,000
Closed $77,500
Closed $100,000
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
01/22/2021 01/22/21 Sold $1,925,000 +1.4% $432 / Sq Ft
11/05/2020 11/05/20 For Sale $1,898,000 -- $426 / 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 $27,477 $2,083,681 $1,353,040 $730,641
2024 $26,277 $2,042,825 $1,326,510 $716,315
2023 $25,841 $2,002,770 $1,300,500 $702,270
2022 $24,242 $1,963,500 $1,275,000 $688,500
2021 $13,353 $1,057,702 $629,163 $428,539
2020 $13,317 $1,046,857 $622,712 $424,145
2019 $13,160 $1,026,331 $610,502 $415,829
2018 $12,809 $1,006,208 $598,532 $407,676
2016 $11,766 $967,139 $575,292 $391,847
2015 $11,296 $952,613 $566,651 $385,962
2014 $11,222 $933,954 $555,552 $378,402
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20223694

California Regional Multiple Listing Service (CRMLS)

APN: 7255-010-010

Your Personal Tour Guide

Ask me questions while you tour the home.