$1,219,000
SOLD OCT 4, 2013
4 Beds
3 Baths
1,763 Sq Ft
2,305 Sq Ft Lot

Recently Sold

$691 Per Sq Ft

2% Below List Price

26 Days on Market

Highlights

  • Living Room with Attached Deck
  • No HOA
  • Living Room Balcony
  • Newport Elementary School Rated A
  • Beamed Ceilings
  • 3-minute walk to 38th Street Park

About This Home

As of August 2020

Great location for this well maintained Duplex. 2 blocks to the ocean and 1 block to the bay and a quick walk to the areas best restaurants and shopping as well as Lido Village. Downstairs features a nice sized 1 bedroom 1 bath home with a large patio, vaulted ceilings as well as a fireplace and dual closets in the bedroom. Upstairs features a 3 bedroom 2 bath home with a light and bright living space, vaulted ceilings, a fireplace as well a large deck off the living room. All this with a THREE car garage and a shared laundry. Great long term tenants all on month to month agreements. Perfect for an owner/user or as an income property. Schedule an appointment to see this home today.

Last Agent to Sell the Property

Todd Bousman

bouHAUS Properties License #01505371 Listed on: 07/31/2013

Last Buyer's Agent

Max Zanck

Redfin License #01863094

Redfin

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 2,305 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,763 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Living Room with Fireplace
  • Living Room with Attached Deck

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 24
  • Tax Tract Number 418
  • Assessor Parcel Number 42337409

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 2 Separate Water Meters
  • Gardener Expense $780
  • Insurance Expense $1,073
  • Trash Expense $720
  • Water Sewer Expense $720
  • New Taxes Expense $12,000
  • Gross Income $4,250
  • Net Operating Income $35,707

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 3.00
  • Other Phone Description: Listing Agent
  • Other Phone Number: 949-698-1916
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 720.00
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 42337409
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Balcony, Living Room Balcony, Living Room Deck Attached
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 691.44

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community, In Garage
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2305.00
  • Lot Size Acres: 0.0530

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 4250.00
  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 1073.00
  • Lot Size Area: 2305.0000 Square Feet
  • Net Operating Income: 35707.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 1
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 15293.00
  • Rent Control: No
  • Total Actual Rent: 4250.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Lot: 24
  • Tax Tract Number: 418
  • Tax Year: 2012

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $2,100,000 +0.2% $1,191 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $2,095,000 +30.9% $1,188 / Sq Ft
08/30/2018 08/30/18 Sold $1,600,000 -5.3% $908 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $1,689,000 +38.6% $958 / Sq Ft
10/04/2013 10/04/13 Sold $1,219,000 -2.4% $691 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $1,249,000 -- $708 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13151817

California Regional Multiple Listing Service (CRMLS)

APN: 423-374-09