NOT LISTED FOR SALE

Estimated Value: $2,789,000 - $3,589,782

5 Beds
5 Baths
3,400 Sq Ft
$941/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $2,080,000 $612 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $19,703/month

36 Days on Market

Highlights

  • Two Primary Bedrooms
  • Property is near a park
  • Granite Countertops
  • Grant Elementary School Rated A+
  • Bonus Room
  • Private Yard

About This Home

As of October 2018

Excellent opportunity to own 2 separate homes on one lot with individual yards and 5 garages in Sunset Park! R2 Zoned large lot with NO CURRENT RENT CONTROL!  This tree-lined neighborhood is just minutes to restaurants, retail & shopping. At the end of the street is Clover Park, with play areas, exercise stations, tennis courts and shade trees for picnics!

Front home is a charming beach cottage with 3 bedrooms and 1 & 3/4 baths, fireplace, bay window, separate dining room and original hardwood flooring & lush landscaping. This home is approx 1450 Sq Ft. Total rent is based on this unit only.

Rear owners unit with 2 bedrooms and 2.5 baths is an open concept with bamboo flooring, updated kitchen w/ granite countertops, dining, living, powder rooms, laundry area and direct access to the garage. Upstairs are two master bedrooms w ensuite baths, a spacious area at top of stairs makes a terrific library and/or workstation and an oversized deck for entertaining. This home is approx 1950 Sq Ft.

Excellent value for either owner/user or developer/investor (check with City of SM for future build).  All square footage, future build opportunity, and current non-rent control to be confirmed by buyer.  Property is being sold "AS- IS."

Last Agent to Sell the Property

Terri Dunn

Estate Properties License #01097063 Listed on: 07/07/2018

Estate Properties

Last Buyer's Agent

Jeffrey T. Sandorf

Compass License #01396545

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,188

Year Built

  • Built in 1938

Lot Details

  • 7,021 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Landscaped
  • Private Yard
  • Garden
  • Back and Front Yard

Parking

  • 5 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Duplex
  • Cottage
  • Bungalow
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Bay Window
  • Window Screens
  • Family Room with Fireplace
  • Living Room
  • Bonus Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Built-In Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom
  • Dressing Area
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near a park

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 14
  • Tax Tract Number 8542
  • Assessor Parcel Number 4272022014

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Fuel Expense $650
  • Gardener Expense $1,020
  • Insurance Expense $1,457
  • Maintenance Expense $5,000
  • Water Sewer Expense $2,400
  • New Taxes Expense $27,500
  • Operating Expense $31,357
  • Gross Income $19,643
  • Net Operating Income $19,043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,188

Year Built

Built in 1938

Lot Details

0

Parking

5

Listing Details

  • CapRate: 4.50
  • Inclusions: Washer, dryer , owners unit refrigerator
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Fire and Smoke Detection System
  • Subdivision Name Other: Sunset Park
  • Water Sewer Expenses: 2400.00
  • Zoning: SMR2*
  • Architectural Style: Bungalow, Cottage
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1020.00
  • Parcel Number: 4272022014
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Entry Location: ground
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 611.76
  • Room Type: Bonus Room, Dressing Area, Family Room, Kitchen, Living Room, Two Masters
  • Window Features: Bay Window(s), Drapes, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Rear, Garage - Single Door, On Site
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Range, Gas Cooktop, Refrigerator
  • Heating Type: Wall Furnace, Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Park Nearby, Yard
  • Lot Size Sq Ft: 7021.00

Rental Info

  • Garage Rental Rate: 200.00
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1950 Square Feet
  • Average3 Bed Area: 1450 Square Feet
  • Electric Expense: 1200.00
  • Fuel Expense: 650.00
  • Garage Income: 600.00
  • Gross Income: 19643.00
  • Gross Multiplier: 16.00
  • Gross Operating Income: 50400.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 1457.00
  • Maintenance Expense: 5000.00
  • Maintenance Percent: 1.00
  • Net Operating Income: 19043.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 31357.00
  • Other Income Description: Pro forma Inc $132,000
  • Rent Control: No
  • Total Actual Rent: 50400.00
  • Total Expenses: 31357.00

Tax Info

  • New Taxes Expense: 27500.00
  • Tax Census Tract: 7023.00
  • Tax Lot: 14
  • Tax Tract Number: 8542

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2019
Sold by
Orlik Mitchel and Orlik Barbara
Bought by
Orlik Family 2000 Living Trust
Current Estimated Value
$3,200,196

Purchase Details

Listed on
Jul 7, 2018
Closed on
Oct 2, 2018
Sold by
Battaglia Darryl Frank and Weiser Lisa Joan Battaglia
Bought by
Bloom Douglas and Bloom Rachael
Seller's Agent
Terri Dunn
Estate Properties
Buyer's Agent
Jeffrey T. Sandorf
Compass
List Price
$2,200,000
Sold Price
$2,080,000
Premium/Discount to List
-$120,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$1,200,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2012
Sold by
Welser Mark D and Welser Lisa Joan Battaglia
Bought by
Battaglia Darryl Frank and Welser Lisa Joan Battaglia

Purchase Details

Closed on
Sep 22, 2011
Sold by
Battaglia Darryl Frank and Welser Lisa Joan Battaglia
Bought by
Welser Mark D and Welser Lisa Joan Battaglia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2011
Sold by
Battaglia Darryl Frank and Welser Lisa Joan
Bought by
Battaglia Darryl Frank and Welser Lisa Joan Battaglia

Purchase Details

Closed on
Mar 25, 2009
Sold by
Battaglia Debbora Frances
Bought by
Battaglia Darryl Frank and Welser Lisa Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 9, 2009
Sold by
Battaglia Darryl Frank and Frances Lydia Wofford Trust
Bought by
Battaglia Darryl Frank and Welser Lisa Joan

Purchase Details

Closed on
Jun 18, 2003
Sold by
Wofford Frances Lydia
Bought by
Worrord Frances Lydia and The Frances Lydia Wofford Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
5.71%

Purchase Details

Closed on
May 9, 2003
Sold by
Wofford Frances Lydia and The Frances Lydia Wofford Revo
Bought by
Wofford Frances Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
5.71%

Purchase Details

Closed on
Mar 14, 2001
Sold by
Battaglia Lisa and Bataglia Lisa
Bought by
Wofford Frances L

Purchase Details

Closed on
Jan 27, 1997
Sold by
Wofford Frances L and Bataglia Lisa
Bought by
Wofford Frances 6 and Battaglia Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7.74%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 23, 1993
Sold by
Wofford Frances L
Bought by
Wofford Frances L and Bataglia Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.87%
Source: Public Records

Range of Values:

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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
Orlik Family 2000 Living Trust -- None Available
Bloom Douglas $2,080,000 Usa National Title Company
Battaglia Darryl Frank -- None Available
Welser Mark D -- Stewart Title
Battaglia Darryl Frank -- None Available
Battaglia Darryl Frank -- None Available
Battaglia Darryl Frank -- None Available
Worrord Frances Lydia -- --
Wofford Frances Lydia -- Act
Wofford Frances L -- --
Wofford Frances Lydia -- --
Wofford Frances 6 -- American Coast Title
Wofford Frances L -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Orlik Family 2000 Living Trust $1,540,000
Closed Bloom Douglas $1,190,000
Closed Bloom Douglas $1,200,000
Previous Owner Welser Mark D $525,000
Previous Owner Battaglia Darryl Frank $250,000
Previous Owner Wofford Frances Lydia $278,000
Previous Owner Wofford Frances L $238,000
Previous Owner Wofford Frances 6 $236,000
Previous Owner Wofford Frances L $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $2,080,000 -5.5% $612 / Sq Ft
08/12/2018 08/12/18 Pending -- -- --
07/07/2018 07/07/18 For Sale $2,200,000 -- $647 / 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 $27,188 $2,320,274 $1,650,965 $669,309
2024 $27,188 $2,274,780 $1,618,594 $656,186
2023 $26,339 $2,230,177 $1,586,857 $643,320
2022 $26,034 $2,186,449 $1,555,743 $630,706
2021 $25,415 $2,143,579 $1,525,239 $618,340
2020 $25,244 $2,121,600 $1,509,600 $612,000
2019 $25,424 $2,080,000 $1,480,000 $600,000
2018 $7,970 $634,153 $420,516 $213,637
2016 $7,643 $609,531 $404,188 $205,343
2015 $7,543 $600,376 $398,117 $202,259
2014 $7,454 $588,617 $390,319 $198,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18163155

California Regional Multiple Listing Service (CRMLS)

APN: 4272-022-014