NOT LISTED FOR SALE
6 Beds
5 Baths
3,123 Sq Ft
6,098 Sq Ft Lot

Last Sold May 11, 2018

Last sale price $1,300,000 $416 Per Sq Ft

5 Days on Market

Highlights

  • Laundry Room
  • Newport Heights Elementary Rated A
  • 3-minute walk to Heller Park

About This Home

As of May 2018

Great Investment Opportunity!!! Pride of ownership! Terrific triplex with desirable location close to beach, shopping, and restaurants in Triangle Square and South Coast Plaza. Charming one single story unit with 2 bedrooms/1 bath, fireplace, inside laundry, back patio and one car garage Two two story units with two bedrooms/1.5 baths, inside laundry, front and back patios, and one car garages. Please do not disturb tenants.

Last Agent to Sell the Property

Martha Wright

Keller Williams Realty License #00547675 Listed on: 03/24/2018

Keller Williams Realty

Last Buyer's Agent

Martha Wright

Keller Williams Realty License #00547675 Listed on: 03/24/2018

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,098 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 3,123 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2996
  • Assessor Parcel Number 42522202

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $1,420
  • Water Sewer Expense $648
  • New Taxes Expense $15,938
  • Operating Expense $9,214
  • Gross Income $53,760
  • Net Operating Income $41,760

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 648.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 42522202
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 416.27

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6098.00

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 53760.00
  • Gross Scheduled Income: 53760.00
  • Insurance Expense: 1420.00
  • Net Operating Income: 41760.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 12000.00
  • Rent Control: No
  • Total Expenses: 9214.00

Tax Info

  • New Taxes Expense: 15938.00
  • Tax Census Tract: 633.01
  • Tax Lot: 1
  • Tax Tract Number: 2996

Range of Values:

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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2018 05/11/18 Sold $1,300,000 +2.0% $416 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
03/24/2018 03/24/18 For Sale $1,275,000 -- $408 / 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 $17,756 $1,479,176 $1,368,883 $110,293
2024 $17,756 $1,450,173 $1,342,042 $108,131
2023 $17,154 $1,421,739 $1,315,728 $106,011
2022 $16,594 $1,393,862 $1,289,929 $103,933
2021 $16,063 $1,366,532 $1,264,636 $101,896
2020 $15,793 $1,352,520 $1,251,668 $100,852
2019 $15,446 $1,326,000 $1,227,125 $98,875
2018 $5,691 $401,660 $273,250 $128,410
2017 $5,607 $393,785 $267,892 $125,893
2016 $5,501 $386,064 $262,639 $123,425
2015 $5,449 $380,265 $258,693 $121,572
2014 $5,337 $372,817 $253,626 $119,191
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18062283

California Regional Multiple Listing Service (CRMLS)

APN: 425-222-02