$750,000
SOLD JUN 12, 2025 RENTED JUL 7, 2025
2 Beds
2 Baths
1,122 Sq Ft
2,661 Sq Ft Lot

Recently Sold

$668 Per Sq Ft

7% Above List Price

13 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Woodrow Wilson High School Rated A
  • Ductless Heating Or Cooling System
  • Wrought Iron Fence

About This Home

As of June 2025

Renovated Duplex with Old-World Charm & Modern Comforts – Prime LocationStep into a beautifully renovated duplex that blends timeless character with modern convenience. This charming property features original polished hardwood floors, deep vintage bathtubs, and a touch of old-world elegance throughout. Each unit includes its own laundry, ensuring privacy and ease for residents.The backyard is a serene oasis—fully fenced with a lush garden, a mature lemon tree, and frequent visits from hummingbirds. Enjoy peaceful mornings or warm summer evenings under the covered outdoor area, perfect for coffee, dining, or relaxing.Additional features include:One single-car garage and two off-street parking spacesModern air conditioning units for year-round comfortBrand new blinds throughout both unitsThree separate gas and water meters—ideal for future ADU potential in the garageLocation is everything: just a 10-minute bike ride to the beach and a 15-minute walk to the vibrant Fourth Street shops and restaurants.Live in one unit and enjoy rental income from the other—one side is move-in ready with market rent already flowing from the second unit. A rare find that offers flexibility, charm, and income potential.

Last Agent to Sell the Property

Dominic Adams

Keller Williams Realty Brokerage Phone: 714-330-8364 License #01279399 Listed on: 04/12/2025

Keller Williams Realty

Last Buyer's Agent

Kevin Cumunel

Coldwell Banker Realty License #02022482

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,668

Year Built

  • Built in 1924

Lot Details

  • 2,661 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Wood Fence
  • Back Yard

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor
  • Flat Roof Shape
  • Copper Plumbing

Interior Spaces

  • 1,122 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 9 / B
  • Tax Tract Number 5769
  • Assessor Parcel Number 7260029011
  • $389 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Eastside Subdivision

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $50
  • Insurance Expense $1,736
  • Trash Expense $600
  • Water Sewer Expense $540
  • New Taxes Expense $8,750
  • Operating Expense $11,676
  • Gross Income $48,000
  • Net Operating Income $36,974

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,668

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • CapRate: 5.20
  • Price Per Unit: 349500
  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • View: No
  • Water Sewer Expenses: 540.00
  • Zoning: LBR2N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7260029011
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full
  • Stories: 1
  • Entry Location: 1st floor
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Entry Level: 1
  • Price Per Square Foot: 668.45
  • Room Type: All Bedrooms Down, Laundry

Exterior Features

  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Ductless
  • Laundry Features: In Kitchen, Individual Room, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 2661.00
  • Lot Size Acres: 0.0611

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 50.00
  • Gross Income: 48000.00
  • Gross Multiplier: 14.50
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1736.00
  • Lot Size Area: 2661.0000 Square Feet
  • Net Operating Income: 36974.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Disposal: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 11026.00
  • Rent Control: Yes
  • Total Expenses: 11676.00

Tax Info

  • New Taxes Expense: 8750.00
  • Tax Block: B
  • Tax Census Tract: 5769.01
  • Tax Lot: 9
  • Tax Tract Number: 5769
  • TaxOtherAnnualAssessmentAmount: 389.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2025
Closed on
Apr 30, 2025
Sold by
Maurice-Oleary Karen
Bought by
Vo Gloria Anh-Hi
Seller's Agent
Dominic Adams
Keller Williams Realty
Buyer's Agent
Kevin Cumunel
Coldwell Banker Realty
List Price
$699,000
Sold Price
$750,000
Premium/Discount to List
$51,000
7.3%
Views
74
Current Estimated Value
$774,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,370
Avg. Annual Appreciation
-1.00%
Original Mortgage
$475,000
Outstanding Balance
$473,769
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$274,351

Purchase Details

Listed on
May 1, 2021
Closed on
Dec 29, 2021
Sold by
Rv Gipson Living Trust
Bought by
Maurice-Oleary Karen
Seller's Agent
Andy Carter
Fiv Realty Co
Buyer's Agent
Jeremy LeClair
Anvil Real Estate
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.01%
Original Mortgage
$616,250
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2017
Sold by
Gipson Gipson R
Bought by
Gipson R V and Rv Gipson Living Trust

Purchase Details

Closed on
Mar 7, 2002
Sold by
Warshauer Steven and Warshauer Donna
Bought by
Gipson Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $750,000 First American Title Company
Grant Deed $725,000 Ticor Title
Interfamily Deed Transfer -- None Available
Grant Deed $152,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,000 New Conventional
Previous Owner $616,250 New Conventional
Previous Owner $330,071 New Conventional
Previous Owner $357,750 Unknown
Previous Owner $114,000 No Value Available
Previous Owner $49,824 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Rented $2,100 -99.7% --
07/07/2025 07/07/25 Under Contract -- -- --
06/12/2025 06/12/25 Sold $750,000 0.0% $668 / Sq Ft
06/12/2025 06/12/25 For Rent $2,100 0.0% --
04/25/2025 04/25/25 Pending -- -- --
04/12/2025 04/12/25 For Sale $699,000 -3.6% $623 / Sq Ft
01/21/2022 01/21/22 Sold $725,000 -1.4% $646 / Sq Ft
10/15/2021 10/15/21 Price Changed $735,000 +0.7% $655 / Sq Ft
06/08/2021 06/08/21 Price Changed $730,000 +0.7% $651 / Sq Ft
05/01/2021 05/01/21 For Sale $725,000 -- $646 / 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 $9,668 $769,375 $504,073 $265,302
2024 $9,668 $754,290 $494,190 $260,100
2023 $9,591 $739,500 $484,500 $255,000
2022 $2,893 $211,580 $104,397 $107,183
2021 $2,829 $207,432 $102,350 $105,082
2019 $2,789 $201,281 $99,315 $101,966
2018 $2,681 $197,335 $97,368 $99,967
2016 $2,468 $189,674 $93,588 $96,086
2015 $2,373 $186,826 $92,183 $94,643
2014 $2,366 $183,168 $90,378 $92,790
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25080536

California Regional Multiple Listing Service (CRMLS)

APN: 7260-029-011