NOT LISTED FOR SALE
8 Beds
5 Baths
3,441 Sq Ft
4,986 Sq Ft Lot

Sale Details

Date Sold: January 3, 2019

Last sale price $1,920,000 $558 Per Sq Ft

8 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling Fan
  • 8 Car Garage
  • John Muir Elementary School Rated A

About This Home

As of January 2019

Location, Location, Location! 5-unit apartment building just blocks for the ocean and trendy Main Street! Three units are 2+1 and two are 1+1. There is a 3-car garage plus 5 additional uncovered parking spots. Courtyard patio area. All units are currently Tenant occupied and subject to rent control. Shopping, restaurants and cafes make this neighborhood highly desirable.

Last Agent to Sell the Property

Charles Pence

Compass License #00670728 Listed on: 08/22/2018

Compass

Last Buyer's Agent

Charles Pence

Compass License #00670728 Listed on: 08/22/2018

Compass
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 4,986

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,441 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 8 Car Garage
  • Uncovered Parking

Additional Features

  • 4,986 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4288-004-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

4,986 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 3441
  • Stories: 2
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 5.00
  • Equipment: Ceiling Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 508.57

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage, Uncovered
  • Total Parking: 8

Utilities

  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 4288-004-007
  • Geocode Override: No
  • Lot Size Area: 4986

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 23.42
  • Number Of Units: 5
  • Rent Control: 100
  • Type Of Units: Apartments

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

Listed on
Aug 22, 2018
Closed on
Jan 15, 2019
Sold by
Bought by
Seller's Agent
Charles Pence
Compass
Buyer's Agent
Charles Pence
Compass
List Price
$1,750,000
Sold Price
$1,920,000
Premium/Discount to List
$170,000
9.71%

Purchase Details

Closed on
Oct 9, 2018
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
$425,000
Interest Rate
4.8%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Available
$1,920,000 Lawyers Title
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
Previous Owner $425,000
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
01/03/2019 01/03/19 Sold $1,920,000 +9.7% $558 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $1,750,000 -- $509 / Sq Ft
Source: The MLS

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 $27,362 $2,141,792 $1,450,172 $691,620
2024 $25,700 $2,099,797 $1,421,738 $678,059
2023 $25,296 $2,058,625 $1,393,861 $664,764
2022 $24,987 $2,018,261 $1,366,531 $651,730
2021 $24,376 $1,978,688 $1,339,737 $638,951
2019 $2,874 $128,736 $49,200 $79,536
2018 $2,682 $126,213 $48,236 $77,977
2016 $2,502 $121,314 $46,364 $74,950
2015 $2,470 $119,493 $45,668 $73,825
2014 $2,487 $117,153 $44,774 $72,379
Source: Public Records

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Map

Source: The MLS

MLS Number: 18-378470

The MLS
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