NOT LISTED FOR SALE
14 Beds
11 Baths
7,463 Sq Ft
6,561 Sq Ft Lot

Sale Details

Date Sold: May 7, 2015

Last sale price $2,300,000 $308 Per Sq Ft

3 Days on Market

About This Home

As of May 2015

Unique Owner/User/Investor oportunity in Prime Belmont Heights. Just blocks from the beach, and located on a fantastic tree lined residential street. This attractive mid century building is not subject to rent control and includes a three bedroom owners unit. Individually metered for gas and electricity. Low maintenance(no pool or elevator). Below market rents, with excellent upside. Same owner for over 25 years. Drive by only. Interior inspection with accepted offer.

Last Agent to Sell the Property

Joseph Schiro

Plush Home Int'l Realty License #01162621 Listed on: 04/12/2015

Last Buyer's Agent

Greg Davtyan

Greg Davtyan License #00960338

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,561

Parking

  • 4 Car Garage
  • 1 Carport Space

Interior Spaces

  • 7,463 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 11 Bathrooms

Additional Features

  • 6,561 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 7255-027-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

6,561 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7463
  • Stories: 2
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 11.00
  • Price Per S Q F T: 294.65

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Carport, Garage - 4+ Car
  • Total Parking: 5

Utilities

  • Heating: Wall
  • Water Expense: 4277.00

Fee Information

  • Insurance Expense: 2700.00
  • Maintenance Expense: 6000.00

Lot Info

  • Assessed Improvement Value: 193988
  • Assessed Land Value: 128261
  • Assessor Parcel Number: 7255-027-009
  • Geocode Override: No
  • Lot Size Area: 6561

Rental Info

  • Total Actual Rent: 157560.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 13.95
  • Number Of Units: 10
  • Rent Control: 0
  • Type Of Units: apartment
  • Vacancy Allow Percent: 3.00

Tax Info

  • Tax Expense: 28367.00

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
Apr 12, 2015
Closed on
Apr 23, 2015
Sold by
Bought by
Seller's Agent
Joseph Schiro
Plush Home Int'l Realty
Buyer's Agent
Greg Davtyan
Greg Davtyan
List Price
$2,199,000
Sold Price
$2,300,000
Premium/Discount to List
$101,000
4.59%

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
3.64%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$2,300,000 Title 365
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 $1,000,000
Closed $1,200,000
Closed $600,000
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
05/07/2015 05/07/15 Sold $2,300,000 +4.6% $308 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
04/12/2015 04/12/15 For Sale $2,199,000 -- $295 / Sq Ft
Source: The MLS

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 $37,195 $2,764,246 $1,922,956 $841,290
2024 $35,568 $2,710,046 $1,885,251 $824,795
2023 $34,963 $2,656,909 $1,848,286 $808,623
2022 $32,815 $2,604,814 $1,812,046 $792,768
2021 $32,148 $2,553,740 $1,776,516 $777,224
2019 $31,687 $2,478,477 $1,723,825 $754,652
2018 $30,886 $2,429,890 $1,690,025 $739,865
2016 $28,409 $2,335,075 $1,624,400 $710,675
2015 $5,089 $328,686 $130,823 $197,863
2014 $5,111 $322,249 $128,261 $193,988
Source: Public Records

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Map

Source: The MLS

MLS Number: 15-895677

The MLS
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