NOT LISTED FOR SALE

Estimated Value: $1,305,000 - $1,497,000

4 Beds
2 Baths
2,322 Sq Ft
$613/Sq Ft Est. Value

Last Sold June 13, 2017

Last sale price $980,000 $422 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,672/month

7 Days on Market

Highlights

  • Property is near a park
  • Traditional Architecture
  • Neighborhood Views
  • Woodrow Wilson High School Rated A
  • Wood Flooring
  • Wainscoting

About This Home

As of June 2017

Welcome to 2320 East 5th Street-Triplex- Main house is a cute Craftsman Bungalow, Three bedroom one bath approx. 1266 sqft. with a long driveway for four cars. Then the back Two units are attached to the garage each unit is One bed, one bath. Garage is accessed from the alley it is two, one car garages with two more parking spaces in front of the garage. This is a great income property or live in the main house and have income from the units. All this and it is just a stroll to the beach, shopping, restaurants, coffee shops, & 4th Street’s Retro Row & Art Theater. This is the perfect location between Los Angeles and Orange County to enjoy refreshing Pacific Ocean breezes & the small-town ambiance of Historic Rose Park South!

Last Agent to Sell the Property

Mike Norton

Seven Gables Real Estate License #00975141 Listed on: 05/17/2017

Seven Gables Real Estate

Last Buyer's Agent

Rosanna Libertucci

West Shores Realty, Inc. License #00939714

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 6,521 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Wood Fence
  • Back and Front Yard

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Triplex
  • Traditional Architecture
  • Bungalow
  • Brick Foundation
  • Raised Foundation
  • Common Roof
  • Concrete Perimeter Foundation
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,322 Sq Ft Home
  • 2-Story Property
  • Wainscoting
  • Decorative Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Floor Furnace
  • Wall Furnace
  • Vented Exhaust Fan
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 576801
  • Assessor Parcel Number 7263020021

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Water Sewer Expense $1,200
  • New Taxes Expense $11,865
  • Operating Expense $13,562

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Rose Park South
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR3S
  • Architectural Style: Bungalow, Traditional
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7263020021
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Full, Wainscoting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Living Room, Decorative
  • Levels: Two
  • Price Per Square Foot: 422.05

Exterior Features

  • Foundation: Brick/Mortar, Concrete Perimeter, Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Community, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 6521.00

Multi Family

  • Insurance Expense: 500.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Expenses: 13562.00

Tax Info

  • New Taxes Expense: 11865.00
  • Tax Census Tract: 5768.01
  • Tax Lot: 21
  • Tax Tract Number: 576801

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Marilyn L Markin 2018 Living Trust
Bought by
Botts Lisa Renee and Botts Kenneth R
Current Estimated Value
$1,423,897

Purchase Details

Closed on
Jul 10, 2020
Sold by
Curiel Brenda C and Curiel David
Bought by
Curiel David and Curiel Brenda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2019
Sold by
Curie
Bought by
Curie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.82%

Purchase Details

Listed on
May 17, 2017
Closed on
May 26, 2017
Sold by
Benatz George L and Benatz Marilyn L
Bought by
Curiel Brenda C and Curiel David
Seller's Agent
Mike Norton
Seven Gables Real Estate
Buyer's Agent
Rosanna Libertucci
West Shores Realty, Inc.
List Price
$949,000
Sold Price
$980,000
Premium/Discount to List
$31,000
3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%

Purchase Details

Closed on
Jun 3, 2016
Sold by
Benatz Marilyn
Bought by
Beantz Marilyn L and Marilyn Benatz 2007 Trust

Purchase Details

Closed on
Mar 2, 2011
Sold by
Benatz Marilyn L and The Marilyn L Benatz 2007 Trus
Bought by
Benatz George L and Benatz Marilyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2007
Sold by
Benatz Marilyn L
Bought by
Benatz Marilyn L and Marilyn L Benatz 2007 Trust

Purchase Details

Closed on
Jun 16, 2004
Sold by
Benatz George
Bought by
Benatz Marilyn

Purchase Details

Closed on
Sep 23, 1997
Sold by
Bankers Trust Company
Bought by
Benatz George and Benatz Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,300
Interest Rate
7.49%

Purchase Details

Closed on
Apr 3, 1997
Sold by
Renkes Victoria D and Bankers Trust Company
Bought by
Bankers Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Botts Lisa Renee -- Butkute Laura
Curiel David -- Amrock Inc
Curiel Brenda C -- Amrock Inc
Curie -- --
Curiel Brenda C $980,000 First American Title Company
Beantz Marilyn L -- None Available
Benatz George L -- First American Title Company
Benatz Marilyn L -- None Available
Benatz Marilyn -- --
Benatz George $167,000 --
Bankers Trust Company $190,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Curiel Brenda C $585,000
Previous Owner Curie --
Previous Owner Benatz George L $200,000
Previous Owner Benatz George $150,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2017 06/13/17 Sold $980,000 +3.3% $422 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $949,000 -- $409 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $14,538 $1,137,368 $812,407 $324,961
2024 $14,538 $1,115,068 $796,478 $318,590
2023 $14,296 $1,093,205 $780,861 $312,344
2022 $13,419 $1,071,770 $765,550 $306,220
2021 $13,156 $1,050,756 $750,540 $300,216
2020 $13,122 $1,039,983 $742,845 $297,138
2019 $12,969 $1,019,592 $728,280 $291,312
2018 $12,576 $999,600 $714,000 $285,600
2016 $2,987 $225,242 $134,879 $90,363
2015 $2,875 $221,859 $132,853 $89,006
2014 $2,871 $217,514 $130,251 $87,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17103286

California Regional Multiple Listing Service (CRMLS)

APN: 7263-020-021