NOT LISTED FOR SALE
6 Beds
4 Baths
4,500 Sq Ft
0.39 Acre Lot

Sale Details

Date Sold: March 31, 2016

Last sale price $1,850,000 $411 Per Sq Ft

88 Days on Market

About This Home

As of March 2016

First time on market since 1969. Large lot. Rents under-market.

Last Agent to Sell the Property

Jan Hanly

Realty One Group West License #01241752 Listed on: 12/07/2015

Realty One Group West

Last Buyer's Agent

Daniel Blackwell

CB Richard Ellis, Inc. License #01854961

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 16,819 Sq Ft Lot
  • 1 Common Wall

Parking

  • 7 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway
  • Uncovered Parking

Home Design

  • 4,500 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 60
  • Tax Tract Number 376
  • Assessor Parcel Number 43921317

Community Details

Overview

  • 5 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Gardener Expense $2,400
  • Insurance Expense $1,750
  • Water Sewer Expense $700
  • New Taxes Expense $27,600
  • Gross Income $6,900
  • Net Operating Income $72,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0.39 Acres

Parking

7

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 700.00
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 43921317
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 411.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door, Uncovered
  • Total Parking Spaces: 17.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 16819.00
  • Price Per Lot Square Foot: 109.99
  • Lot Size Acres: 0.3860

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 6900.00
  • Gross Scheduled Income: 81600.00
  • Insurance Expense: 1750.00
  • Lot Size Area: 16819.0000 Square Feet
  • Net Operating Income: 72500.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 9100.00
  • Rent Control: No
  • Total Actual Rent: 6900.00

Tax Info

  • New Taxes Expense: 27600.00
  • Tax Lot: 60
  • Tax Tract Number: 376

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
Apr 9, 2024
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
$1,435,000
Interest Rate
0.0694%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Dec 7, 2015
Closed on
Mar 18, 2016
Sold by
Bought by
Seller's Agent
Jan Hanly
Realty One Group West
Buyer's Agent
Daniel Blackwell
CB Richard Ellis, Inc.
List Price
$2,300,000
Sold Price
$1,850,000
Premium/Discount to List
-$450,000
-19.57%

Purchase Details

Listed on
Dec 7, 2015
Closed on
Mar 17, 2016
Sold by
Bought by
Seller's Agent
Jan Hanly
Realty One Group West
Buyer's Agent
Daniel Blackwell
CB Richard Ellis, Inc.
List Price
$2,300,000
Sold Price
$1,850,000
Premium/Discount to List
-$450,000
-19.57%

Purchase Details

Closed on
Dec 5, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 2008
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
$3,235,000 Chicago Title Company
-- Orange Coast Title Co Socal
$1,850,000 Orange Coast Title Co Socal
-- None Available
-- 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
Closed $1,435,000
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
03/31/2016 03/31/16 Sold $1,850,000 -19.6% $411 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
12/07/2015 12/07/15 For Sale $2,300,000 -- $511 / 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 $26,434 $3,299,700 $2,944,564 $355,136
2024 $26,434 $2,147,080 $1,798,907 $348,173
2023 $25,624 $2,104,981 $1,763,634 $341,347
2022 $25,048 $2,063,707 $1,729,053 $334,654
2021 $24,386 $2,023,243 $1,695,150 $328,093
2020 $24,063 $2,002,498 $1,677,769 $324,729
2019 $23,526 $1,963,234 $1,644,872 $318,362
2018 $23,044 $1,924,740 $1,612,620 $312,120
2017 $22,670 $1,887,000 $1,581,000 $306,000
2016 $4,152 $130,457 $39,704 $90,753
2015 $4,115 $128,498 $39,108 $89,390
2014 $4,055 $125,981 $38,342 $87,639
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15258907

California Regional Multiple Listing Service (CRMLS)
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