NOT LISTED FOR SALE
14 Beds
10 Baths
8,888 Sq Ft
6,501 Sq Ft Lot

Last Sold February 14, 2017

Last sale price $2,730,000 $307 Per Sq Ft

11 Days on Market

Highlights

  • Dual Staircase
  • No HOA
  • Carpet
  • Woodrow Wilson High School Rated A
  • Laundry Room
  • Radiant Heating System

About This Home

As of February 2017

Well taken care of clean low maintenance 12 unit building plus one unpermitted unit in a great Belmont Heights location. Some units have upgraded windows, easy care laminate flooring in most units, some have granite kitchen counters and some have newer bathroom vanities. Each unit has a private garage making them easy to rent. Bedroom windows face toward the ocean and have great ocean breezes. Short walk to the Beach and the shops and restaurants on Broadway. Building is located on a quiet three block street. Rents may be below market. This 12 plus one unpermitted unit building with 9 one bedroom & four two bedrooms. May be a possibility to convert it to condos.

Last Agent to Sell the Property

Carleton Carlson

Re/Max R. E. Specialists License #00908802 Listed on: 01/12/2017

Re/Max R. E. Specialists

Last Buyer's Agent

Carleton Carlson

Re/Max R. E. Specialists License #00908802 Listed on: 01/12/2017

Re/Max R. E. Specialists

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,501 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 13 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment

Interior Spaces

  • 8,888 Sq Ft Home
  • 3-Story Property
  • Dual Staircase

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Radiant Heating System
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 17
  • Assessor Parcel Number 7257024029

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 13 Separate Electric Meters
  • 1 Separate Water Meter
  • Gross Income $168,720

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

13

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • Zoning: LBR2A
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7257024029
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet
  • Levels: Three Or More
  • Price Per Square Foot: 307.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 13.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 13.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 6501.00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 168720.00
  • Gross Scheduled Income: 168720.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1000.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Number With Range: 12
  • Number With Refrigerator: 12
  • Rent Control: No
  • Total Actual Rent: 168720.00

Tax Info

  • Tax Census Tract: 5768.02
  • Tax Lot: 17

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
02/14/2017 02/14/17 Sold $2,730,000 +22.7% $307 / Sq Ft
01/24/2017 01/24/17 For Sale $2,225,000 -18.5% $250 / Sq Ft
01/15/2017 01/15/17 Off Market $2,730,000 -- --
01/14/2017 01/14/17 For Sale $2,225,000 -18.5% $250 / Sq Ft
01/13/2017 01/13/17 Off Market $2,730,000 -- --
01/12/2017 01/12/17 For Sale $2,225,000 -- $250 / 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: PW17007368

California Regional Multiple Listing Service (CRMLS)