NOT LISTED FOR SALE

Estimated Value: $1,647,000 - $2,113,000

6 Beds
5 Baths
3,051 Sq Ft
$619/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $1,450,000 $475 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $11,538/month

33 Days on Market

Highlights

  • Multi-Level Bedroom
  • Wood Flooring
  • No HOA
  • Woodrow Wilson High School Rated A
  • Private Yard
  • 4-minute walk to Bluff Park

About This Home

As of December 2020

Chance to own an income producing property with current tenants or live in your own 4 b/4 house with a legal 2 bed/1 bath apt. above the 2 car garage. Located in the Bluff Park Historic District of LB, 2 blocks from the ocean and close to popular 2nd Street in Belmont Shores. This 1920s home has been totally renovated. The living room has a Batchelder tile fireplace and coved ceilings. Original mahogany doors and moldings throughout the main floor with a restored atrium sunroom. Hardwood floors in the living, dining and sunroom, hallways, staircase and bedrooms. The kitchen, bathrooms and laundry room are tiled with ceramic and glass tile. The upper floor has 3 bedrooms with a full master bath and powder room with a second full bath on the main floor. There is a fourth bedroom on the main floor with its own full bath. The bright and spacious kitchen has new appliances, wood cabinets, stone countertops and a spacious eat-in area. There is a laundry room off the kitchen leading to the back yard. Large 2-car garage, carport, and a long driveway for abundant parking. The property is landscaped with water sprinkler system and lighting. This 2 b/1b apartment is aprox 480 sq ft with hardwood floors and new stove. This property is in a desirable area, and is an incredible find! Current main house tenant pays $3,950.00 per month and apartment pays $1,450. Tenants pays all monthlies.

Last Agent to Sell the Property

Robert Mullarkey

Robert Mullarkey, Broker License #02064856 Listed on: 09/03/2020

Last Buyer's Agent

Natasha Schultheis

Coldwell Banker Realty License #01277420

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 5,760 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Rectangular Lot
  • Sprinkler System
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3,051 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Galley Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Multi-Level Bedroom
  • Dressing Area

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Suburban Location

Utilities

  • Space Heater
  • Gravity Heating System

Community Details

  • No Home Owners Association
  • 2 Units
  • Bluff Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 87
  • Tax Tract Number 5767
  • Assessor Parcel Number 7264029012

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Bluff Park (BLF)
  • View: Yes
  • Zoning: LBR3S
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7264029012
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3051.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 475.25
  • Room Type: Dressing Area, Family Room, Galley Kitchen, Master Bathroom, Master Bedroom, Multi-Level Bedroom, Office

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Microwave
  • Heating Type: Space Heater, Gravity
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Rectangular Lot, Sprinkler System, Yard
  • Lot Size Sq Ft: 5760.00
  • Lot Size Acres: 0.1322
  • Latitude Manual: 33.76587600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5760.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 87
  • Tax Census Tract: 5767.00
  • Tax Lot: 8
  • Tax Tract Number: 5767

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 15, 2020
Sold by
Lindero And Second Llc
Bought by
Andrews Charles and Tunis Carmen
Seller's Agent
Robert Mullarkey
Robert Mullarkey, Broker
Buyer's Agent
Natasha Schultheis
Coldwell Banker Realty
List Price
$1,575,000
Sold Price
$1,450,000
Premium/Discount to List
-$125,000
-7.94%
Current Estimated Value
$1,889,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,798
Avg. Annual Appreciation
5.36%
Original Mortgage
$695,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 30, 2014
Closed on
Jan 26, 2015
Sold by
Castor Catlin Sandra L and Castor Lawrence Walter
Bought by
Lindero & Second Llc
Seller's Agent
Al D'Amico
Keller Williams Palos Verdes
Buyer's Agent
Julie Ast
Keller Williams South Bay
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%

Purchase Details

Closed on
Jun 24, 2014
Sold by
Castor Catlin Sandra L and Castor Walter Castor
Bought by
Catlin Sandra L Castor and Castor Lawrence Walter

Purchase Details

Closed on
Jul 17, 1997
Sold by
Shelley Chester D Tr Shelley Trust
Bought by
Lawson Peter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
7.45%
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
Andrews Charles $1,450,000 First Amer Ttl Co Los Angele
Lindero & Second Llc $750,000 Fidelity National Title Co
Catlin Sandra L Castor -- Fidelity National Title Co
Lawson Peter A $295,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andrews Charles $695,000
Previous Owner Lawson Peter A $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2020 12/02/20 Sold $1,450,000 -7.9% $475 / Sq Ft
09/03/2020 09/03/20 For Sale $1,575,000 +110.0% $516 / Sq Ft
01/29/2015 01/29/15 Sold $750,000 -6.1% $279 / Sq Ft View Prior Sale
06/06/2014 06/06/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $799,000 -- $297 / 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 $19,644 $1,569,525 $1,017,485 $552,040
2024 $19,644 $1,538,751 $997,535 $541,216
2023 $19,320 $1,508,580 $977,976 $530,604
2022 $18,123 $1,479,000 $958,800 $520,200
2021 $10,423 $832,737 $555,159 $277,578
2020 $10,396 $824,199 $549,467 $274,732
2019 $10,275 $808,040 $538,694 $269,346
2018 $9,967 $792,197 $528,132 $264,065
2016 $9,160 $761,437 $507,625 $253,812
2015 $8,384 $713,986 $407,992 $305,994
2014 $4,944 $409,665 $312,609 $97,056
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20183032

California Regional Multiple Listing Service (CRMLS)

APN: 7264-029-012