NOT LISTED FOR SALE

Estimated Value: $3,087,000 - $4,275,000

3 Beds
1 Bath
1,500 Sq Ft
$2,564/Sq Ft Est. Value

Highlights

  • Ocean View
  • Property has ocean access
  • Wood Flooring
  • Hermosa Valley Elementary School Rated A
  • Property is near park and public transit
  • Granite Countertops

About This Home

As of November 2014

UPPER UNIT WITH OCEAN VIEWS & STEPS TO BEACH FOR LEASE!!!
Unfurnished 3 bedroom, 1 bath and 1 car garage parking with ocean views. There are hardwood floors, new carpeted bedrooms, upgraded bathroom and tiled kitchen floors. This apartment has a stacked washer/dryer. This upgraded kitchen has new granite countertops, a gas stove, refrigerator, new built-in microwave and dishwasher. There is a common fenced front yard and this apartment is approximately 1500 square feet. The water, trash and gardener are paid by the owner. Sorry no pets allowed. This apartment is available November 1st and shown by appointment only. Occupied please do not disturb tenants. A one year minimum signed lease required.

Last Agent to Rent the Property

Anita Estes

Sand-Sea Property Management, Inc. License #01299554 Listed on: 10/09/2014

Last Renter's Agent

Anita Estes

Sand-Sea Property Management, Inc. License #01299554 Listed on: 10/09/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 2,861 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Level Lot
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • On-Street Parking

Property Views

  • Ocean
  • Neighborhood

Home Design

  • Apartment

Interior Spaces

  • 1,500 Sq Ft Home
  • Blinds
  • Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park and public transit

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Security Deposit $4,000
  • Rent includes gardener, trash collection, water
  • 12-Month Minimum Lease Term
  • Tax Lot 17
  • Tax Tract Number 7
  • Assessor Parcel Number 4187016026

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Credit Check Paid By: Tenant
  • Deposit Security: 4000
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • View: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 4187016026
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1500.00
  • Interior Amenities: Granite Counters, Unfurnished
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Levels: One
  • Price Per Square Foot: 2.50
  • Room Type: Living Room
  • Window Features: Blinds

Exterior Features

  • View: Neighborhood, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: No
  • Parking Features: Street
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre, Level with Street, Park Nearby, Near Public Transit, Walkstreet
  • Lot Size Sq Ft: 2861.00
  • Lot Size Acres: 0.0660

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 2861.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Rent Includes: Gardener, Trash Collection, Water
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2012
Sold by
Feder Keith S and Frey Carol
Bought by
Feder Keith S and Frey Carol
Current Estimated Value
$3,845,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$127,194
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$3,718,113

Purchase Details

Closed on
Oct 14, 2003
Sold by
Menchetti D G and The Fuller 1997 Childrens Trus
Bought by
Feder Keith S and Frey Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 1999
Sold by
Smith Stephen R and Smith Cynthia Katherine
Bought by
Fuller John D and Fuller 1997 Childrens Trust

Purchase Details

Closed on
Jan 7, 1999
Sold by
Smith Stephen R and Smith Cynthia Katherine
Bought by
Smith Stephen R and The Stephen R Smith Family Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
6.84%

Purchase Details

Closed on
Nov 23, 1998
Sold by
Trust Smith Stephen R Tr Stephen R Smith
Bought by
Smith Stephen R and Smith Cynthia Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
6.84%

Purchase Details

Closed on
Jul 13, 1998
Sold by
Smith Stephen R and Smith Cynthia Katherine
Bought by
Smith Stephen R and Stephen R Smith Family Trust 1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
7.06%

Purchase Details

Closed on
Jun 25, 1998
Sold by
Trust Smith Stephen R Tr Stephen R Smith
Bought by
Smith Stephen Richard and Smith Cynthia Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
7.06%

Purchase Details

Closed on
Nov 29, 1994
Sold by
Smith Stephen R
Bought by
Smith Stephen R and Stephen R Smith Family Trust 1
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Feder Keith S -- Lsi Title Company
Feder Keith S $1,675,000 Fidelity National Title Co
Fuller John D $1,020,000 North American Title Co
Smith Stephen R -- --
Smith Stephen R -- Equity Title
Smith Stephen R -- Equity Title Company
Smith Stephen Richard -- Equity Title Company
Smith Stephen R -- --
Smith Stephen R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feder Keith S $800,000
Previous Owner Feder Keith S $925,000
Previous Owner Smith Stephen R $515,000
Previous Owner Smith Stephen Richard $515,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2014 10/09/14 Rented $3,750 0.0% --
10/09/2014 10/09/14 For Rent $3,750 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $25,600 $2,381,490 $1,841,219 $540,271
2024 $25,600 $2,334,795 $1,805,117 $529,678
2023 $25,075 $2,289,016 $1,769,723 $519,293
2022 $24,626 $2,244,134 $1,735,023 $509,111
2021 $24,247 $2,200,132 $1,701,003 $499,129
2020 $24,109 $2,177,574 $1,683,562 $494,012
2019 $23,614 $2,134,877 $1,650,551 $484,326
2018 $22,832 $2,093,018 $1,618,188 $474,830
2016 $21,673 $2,011,745 $1,555,352 $456,393
2015 $21,121 $1,981,528 $1,531,990 $449,538
2014 $20,649 $1,942,714 $1,501,981 $440,733
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14217293

California Regional Multiple Listing Service (CRMLS)

APN: 4187-016-026