NOT LISTED FOR SALE
5 Beds
3 Baths
2,502 Sq Ft
6,076 Sq Ft Lot

Sale Details

Date Sold: February 19, 2014

Last sale price $842,750 $337 Per Sq Ft

30 Days on Market

Highlights

  • Carpet
  • Woodrow Wilson High School Rated A
  • Wall Furnace

About This Home

As of February 2014

Residential income property triplex with nice curb appeal and located in prime Belmont Heights location. Downstairs 2 bedroom, 1 bath unit with approximately 966 square feet. Upstairs 2 bedroom, 1 bath unit with approximately 1,002 square feet. Both these unit share a laundry room. Third unit is 1 bedroom, 1 bath with approximately 605 square feet and is located above the garage and has a laundry room. The rear of the property features a small yard, a detached 2 car garage and a carport. Great income producing property within walking distance to the ocean and several restaurants.

Last Agent to Sell the Property

Mike Trossen

Equity Brokers License #01466702 Listed on: 11/05/2013

Co-Listed By

Ken Trossen

Equity Brokers License #00802751

Last Buyer's Agent

Robert Hovard

Broadmoor Realty, Inc. License #00457499

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,076 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 1 Carport Space

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,502 Sq Ft Home
  • Living Room with Fireplace

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 5772
  • Assessor Parcel Number 7264004034

Community Details

Overview

  • 4 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $200
  • Insurance Expense $2,000
  • Trash Expense $200
  • Water Sewer Expense $200
  • New Taxes Expense $9,188
  • Gross Income $3,825
  • Net Operating Income $36,712

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

6,076 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: 2nd Street East (SSE)
  • Water Sewer Expenses: 200.00
  • Property Type: Residential Income
  • Parcel Number: 7264004034
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 336.83

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6076.00
  • Lot Size Acres: 0.1390

Multi Family

  • Electric Expense: 200.00
  • Gross Income: 3825.00
  • Gross Scheduled Income: 45900.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 6076.0000 Square Feet
  • Net Operating Income: 36712.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 13770.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9188.00
  • Tax Lot: 7
  • Tax Tract Number: 5772
  • Tax Year: 2012

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
Sep 16, 2016
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
$645,000
Interest Rate
0.0345%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 5, 2013
Closed on
Jan 6, 2014
Sold by
Bought by
Seller's Agent
Mike Trossen
Equity Brokers
Buyer's Agent
Robert Hovard
Broadmoor Realty, Inc.
List Price
$799,000
Sold Price
$842,750
Premium/Discount to List
$43,750
5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$674,200
Interest Rate
0.0447%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 23, 2007
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
-- None Available
$843,000 Ticor Title
$320,000 Commonwealth Land Title Co
-- None Available
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 $589,555
Closed $645,000
Closed $674,200
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
02/19/2014 02/19/14 Sold $842,750 +5.5% $337 / Sq Ft
12/05/2013 12/05/13 Pending -- -- --
11/05/2013 11/05/13 For Sale $799,000 -- $319 / 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 $13,854 $1,033,389 $735,512 $297,877
2024 $13,272 $1,013,128 $721,091 $292,037
2023 $13,050 $993,263 $706,952 $286,311
2022 $12,252 $973,789 $693,091 $280,698
2021 $12,008 $954,696 $679,501 $275,195
2020 $11,977 $944,908 $672,534 $272,374
2019 $11,838 $926,382 $659,348 $267,034
2018 $11,499 $908,219 $646,420 $261,799
2016 $10,580 $872,954 $621,320 $251,634
2015 $10,154 $859,843 $611,988 $247,855
2014 $5,857 $469,897 $241,720 $228,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13224840

California Regional Multiple Listing Service (CRMLS)
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