NOT LISTED FOR SALE
4 Beds
4 Baths
2,142 Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: December 18, 2017

Last sale price $1,155,000 $539 Per Sq Ft

37 Days on Market

Highlights

  • Property is near a preserve or public land
  • Level Lot
  • 4-minute walk to Max Berg Park
  • Las Palmas Elementary School Rated A-

About This Home

As of December 2017

Triplex ocean close! This triplex is about half a block to the beach, the coastal Trail, and close to town. Upper unit has 2 bedrooms
& 2 baths with partial ocean view from patio deck. 2 Lower units are 1 bed 1 bath & lower back unit also has partial ocean view deck. There are also 3 carports & a shared coin operated washer and dryer! $40k recently invested in upgrades & maintenance to the property.

Last Agent to Sell the Property

Paul Erwin

Coastal Investment & Holding Group License #01357094 Listed on: 10/06/2017

Last Buyer's Agent

Mark Hill

Century 21 Champions License #01812671

Century 21 Champions

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

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

Home Design

  • Property Attached

Interior Spaces

  • 2,142 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 794
  • Assessor Parcel Number 69208223

Community Details

Overview

  • 3 Units
  • Property is near a preserve or public land

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $816
  • Trash Expense $524
  • Water Sewer Expense $1,080
  • Operating Expense $3,380
  • Gross Income $64,200
  • Net Operating Income $60,820

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1080.00
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 69208223
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 539.22

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 524.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Preserve/Public Land, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 3920.00

Multi Family

  • Gross Income: 64200.00
  • Gross Scheduled Income: 64200.00
  • Insurance Expense: 816.00
  • Net Operating Income: 60820.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3380.00
  • Rent Control: No
  • Total Expenses: 3380.00

Tax Info

  • Tax Census Tract: 421.08
  • Tax Lot: 4
  • Tax Tract Number: 794

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

Listed on
Oct 6, 2017
Closed on
Nov 14, 2017
Sold by
Bought by
Seller's Agent
Paul Erwin
Coastal Investment & Holding Group
Buyer's Agent
Mark Hill
Century 21 Champions
List Price
$1,250,000
Sold Price
$1,155,000
Premium/Discount to List
-$95,000
-7.6%

Purchase Details

Closed on
Dec 18, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 10, 2010
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
$190,000
Interest Rate
0.0493%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2003
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
$220,000
Interest Rate
0.0596%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 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
$220,000
Interest Rate
0.0596%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 1998
Sold by
Bought by

Purchase Details

Closed on
Jan 9, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,155,000 Chicago Title Co
-- None Available
-- Fnt
-- Accommodation
-- --
-- Southland Title
-- --
$325,000 Fidelity National Title Ins
-- --
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
Previous Owner $155,000
Previous Owner $180,000
Previous Owner $190,000
Previous Owner $220,000
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
12/18/2017 12/18/17 Sold $1,155,000 -3.3% $539 / Sq Ft
10/30/2017 10/30/17 Price Changed $1,195,000 -4.4% $558 / Sq Ft
10/06/2017 10/06/17 For Sale $1,250,000 -- $584 / 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 $13,064 $1,314,191 $1,221,078 $93,113
2024 $13,064 $1,288,423 $1,197,135 $91,288
2023 $12,787 $1,263,160 $1,173,661 $89,499
2022 $12,544 $1,238,393 $1,150,648 $87,745
2021 $12,302 $1,214,111 $1,128,086 $86,025
2020 $12,180 $1,201,662 $1,116,519 $85,143
2019 $11,940 $1,178,100 $1,094,626 $83,474
2018 $11,711 $1,155,000 $1,073,162 $81,838
2017 $4,552 $447,137 $334,267 $112,870
2016 $4,465 $438,370 $327,713 $110,657
2015 $4,397 $431,786 $322,791 $108,995
2014 $4,312 $423,328 $316,468 $106,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17231043

California Regional Multiple Listing Service (CRMLS)

APN: 692-082-23

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