$599,900

Estimated payment $3,986/month

Total Views 513
4 Beds
3 Baths
1,284 Sq Ft
$467 Price per Sq Ft

About This Home

Opportunity knocks for this cash flow positive investment opportunity. 2 units with a garage conversion living space. Monthly total income is $5,600. This property is fully tenant occupied just looking for a new owner. Unit 261 is a 2 Bed 1 Bath home with over 700 sq. ft. of living space. The rear unit, 263, is a 1 Bed 1 Bath home above the garage with over 500 sq. ft. of living space. This one will not last.

Listing Agent

John Silvester

Luxe Realty Group License #01839657 Listed on: 08/09/2025

Map

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,409

Year Built

1908

Lot Details

0

Listing Details

  • Property Sub Type: 2HOUSES-1LOT
  • Property Type: Residential Income
  • Co List Office Mls Id: DLUXERG
  • Subdivision Name: NYSTROM EDITION
  • Directions: Cutting Marina/Maine
  • Special Features: None
  • Year Built: 1908

Interior Features

  • Total Bedrooms: 4
  • Window Features: Window Coverings

Exterior Features

  • Construction Type: Stucco, Wood Siding

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: No Air Conditioning
  • Heating Yn: Yes
  • Electric: No Solar
  • Utilities: Master Electric Meter, Master Gas Meter

Condo/Co-op/Association

  • Association Name: DELTA

Lot Info

  • Lot Size Sq Ft: 2825

Range of Values:

Collateral Analytics

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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

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 $8,409 $429,470 $312,343 $117,127
2024 $8,169 $421,050 $306,219 $114,831
2023 $8,169 $412,795 $300,215 $112,580
2022 $7,986 $404,702 $294,329 $110,373
2021 $7,870 $396,767 $288,558 $108,209
2019 $7,379 $385,000 $280,000 $105,000
2018 $5,760 $234,090 $114,444 $119,646
2017 $5,503 $229,500 $112,200 $117,300
2016 $4,858 $225,000 $110,000 $115,000
2015 $3,247 $114,959 $52,254 $62,705
2014 $3,202 $112,708 $51,231 $61,477
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2025 08/09/25 For Sale $599,900 +135.3% $467 / Sq Ft
09/09/2015 09/09/15 Sold $255,000 +22.1% $205 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $208,800 -- $168 / Sq Ft
Source: bridgeMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $385,000 North American Title Company
Interfamily Deed Transfer -- North American Title Company
Trustee Deed $277,000 None Available
Grant Deed $255,000 Stewart Title Of Ca Inc
Grant Deed $110,000 Old Republic Title Company
Interfamily Deed Transfer -- North American Title Co Inc
Grant Deed $67,000 Fidelity National Title Co
Trustee Deed $73,800 None Available
Interfamily Deed Transfer -- Commonwealth Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $245,471 FHA
Previous Owner $52,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $227,500 Negative Amortization
Previous Owner $160,000 Stand Alone First
Previous Owner $108,000 Unknown
Source: Public Records

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Source: bridgeMLS

MLS Number: 41107715

bridgeMLS

APN: 544-120-010-1