Seller's Agent in 2023
Robert Lee
California Property Services
(805) 773-3433
4 in this area
6 Total Sales
275 S 5th St Grover Beach, CA 93433
Estimated Value: $1,305,000 - $1,484,000
8
Beds
4
Baths
3,244
Sq Ft
$424/Sq Ft
Est. Value
Highlights
- Corner Lot
- No HOA
- Gentle Sloping Lot
- Arroyo Grande High School Rated A-
- Laundry Room
- Wood Siding
About This Home
As of August 2023This 2 story 4 unit residential apartment building sits on a nice sized R-2 zoned corner lot just a few blocks from grand avenue and the entrance to the beach! The property includes 4 - 2 bedroom 1 bath 800 square foot flats, 5 single car garages, 4 additional off street parking spaces, a coin op laundry room and lots of open yard space. The building and property are well maintained and have a beautiful curb appeal.
Last Agent to Sell the Property
California Property Services License #00876258 Listed on: 04/22/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,887
Year Built
- Built in 1978
Lot Details
- 7,775 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
- Rectangular Lot
- Gentle Sloping Lot
- Drip System Landscaping
- Front Yard Sprinklers
- Land Lease
Parking
- 4 Open Parking Spaces
- 5 Car Garage
Home Design
- Quadruplex
- Asphalt Roof
- Wood Siding
- Stucco
Interior Spaces
- 3,244 Sq Ft Home
- 2-Story Property
- Free-Standing Range
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Utilities
- Radiant Heating System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Legal Lot and Block 12 / 105
- Assessor Parcel Number 060192020
- $712 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
- Grover Beach Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- Electric Expense $700
- Gardener Expense $1,560
- Insurance Expense $2,310
- Professional Management Expense $5,000
- Trash Expense $600
- Water Sewer Expense $3,800
- Operating Expense $35,000
- Gross Income $72,000
- Net Operating Income $37,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 22, 2003
Sold by
Edward H Mang And Evelyn M Mang 1992 Tru
Bought by
Kierejczyk Family Trust and Kierejczyk
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 6, 2000
Sold by
Kline Floyd R and Kline Arlene S
Bought by
Mang Edward H and Mang Evelyn M
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kierejczyk Family Trust | $1,300,000 | Fidelity National Title | |
| Mang Edward H | $300,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kierejczyk Family Trust | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2023 08/22/23 | Sold | $1,300,000 | -3.7% | $401 / Sq Ft |
| 07/25/2023 07/25/23 | Pending | -- | -- | -- |
| 07/21/2023 07/21/23 | Price Changed | $1,350,000 | -4.9% | $416 / Sq Ft |
| 06/22/2023 06/22/23 | Price Changed | $1,420,000 | -5.0% | $438 / Sq Ft |
| 04/22/2023 04/22/23 | For Sale | $1,495,000 | -- | $461 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $14,887 | $1,368,400 | $484,500 | $883,900 |
| 2024 | $5,136 | $1,300,000 | $475,000 | $825,000 |
| 2023 | $5,136 | $443,173 | $147,721 | $295,452 |
| 2022 | $5,056 | $434,484 | $144,825 | $289,659 |
| 2021 | $4,997 | $425,966 | $141,986 | $283,980 |
| 2020 | $4,940 | $421,600 | $140,531 | $281,069 |
| 2019 | $4,900 | $413,334 | $137,776 | $275,558 |
| 2018 | $4,839 | $405,230 | $135,075 | $270,155 |
| 2017 | $4,624 | $397,285 | $132,427 | $264,858 |
| 2016 | $4,309 | $389,496 | $129,831 | $259,665 |
| 2015 | $4,211 | $383,646 | $127,881 | $255,765 |
| 2014 | $3,968 | $376,131 | $125,376 | $250,755 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Cameron Najarian
West Coast Properties
(805) 215-0395
1 in this area
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI23067776
APN: 060-192-020
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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