NOT LISTED FOR SALE

Estimated Value: $2,836,000 - $4,405,000

6 Beds
4 Baths
2,400 Sq Ft
$1,461/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $1,625,000 $677 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $20,956/month

890 Days on Market

Highlights

  • Wood Flooring
  • Modern Architecture
  • Views
  • Grand View Elementary School Rated A
  • 4 Car Direct Access Garage
  • 4-minute walk to Bruce's Beach

About This Home

As of December 2012

Great income producing property on street to alley lot. Can build two townhomes. 4 car garage spaces plus driveway spaces. Coin laundry in one of the garages. Balconies & fireplaces upstairs.

Last Agent to Sell the Property

Robyn Biener

Vista Sotheby’s International Realty License #00775787 Listed on: 05/26/2010

Vista Sotheby’s International Realty

Co-Listed By

Alicia Greene

Vista Sotheby’s International Realty License #00773849

Last Buyer's Agent

Jeffrey Butscher

Strand Hill Properties License #01064545

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,639

Year Built

  • Built in 1960

Lot Details

  • 2,700 Sq Ft Lot
  • Lot Dimensions are 30x90

Parking

  • 4 Car Direct Access Garage
  • Parking Available

Home Design

  • Modern Architecture
  • Stucco

Interior Spaces

  • Living Room with Fireplace
  • Disposal
  • Property Views

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 12 / 48
  • Tax Tract Number 3427
  • Assessor Parcel Number 4176016016

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $7,100
  • Net Operating Income $4,142

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,639

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Subdivision Name Other: OTHR
  • View: Yes
  • Architectural Style: Modern
  • Property Type: Residential Income
  • Parcel Number: 4176016016
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two

Exterior Features

  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Wall Furnace
  • Laundry Features: Community, In Garage

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 30x90
  • Lot Size Sq Ft: 2700.00
  • Lot Size Acres: 0.0600

Multi Family

  • Gross Income: 7100.00
  • Gross Scheduled Income: 85200.00
  • Lot Size Area: 2700.0000 Square Feet
  • Net Operating Income: 4142.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2608.00
  • Rent Control: No
  • Total Actual Rent: 7100.00

Tax Info

  • Tax Block: 48
  • Tax Lot: 12
  • Tax Tract Number: 3427

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2021
Sold by
Hashemian Shahriar and Hashemian Atoosa
Bought by
Mb Elite Management Llc
Current Estimated Value
$3,506,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,597
Outstanding Balance
$1,255,390
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,228,213

Purchase Details

Closed on
Mar 17, 2021
Sold by
Hashemian Shahriar and Hashemian Atoosa Kati
Bought by
Mb Elite Management Llc

Purchase Details

Listed on
May 26, 2010
Closed on
Jan 4, 2013
Sold by
Hashemian Shahriar and Hashemian Atoosha Kati
Bought by
Hashemian Shahriar and Hashemian Atoosha Kati
Seller's Agent
Robyn Biener
Vista Sotheby’s International Realty
Buyer's Agent
Jeffrey Butscher
Strand Hill Properties
List Price
$1,699,000
Sold Price
$1,625,000
Premium/Discount to List
-$74,000
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$800,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2010
Closed on
Nov 13, 2012
Sold by
Baral Robert and Baral Sandra
Bought by
Hashemian Shahriar and Hashemian Atoosa Kati
Seller's Agent
Robyn Biener
Vista Sotheby’s International Realty
Buyer's Agent
Jeffrey Butscher
Strand Hill Properties
List Price
$1,699,000
Sold Price
$1,625,000
Premium/Discount to List
-$74,000
-4.36%

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
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2005
Sold by
Pratt Kevin B and Pratt Brigitte V
Bought by
Stearns Jamie and Stearns Shari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,202,500
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 15, 2003
Sold by
Cummings Debra Marie
Bought by
Cummings Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
5.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 1, 2003
Sold by
Mcdaniel Lloyd D
Bought by
Pratt Kevin B and Pratt Brigitte V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
5.75%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Mb Elite Management Llc -- Wfg National Title
Mb Elite Management Llc -- None Available
Hashemian Shahriar -- Accommodation
Hashemian Shahriar $1,625,000 Provident Title Company
Stearns Jamie $1,850,000 Lawyers Title Ins
Cummings Jack -- Gateway Title Company
Pratt Kevin B $1,150,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hashemian Shahriar $1,380,597
Previous Owner Hashemian Shahriar $1,398,000
Previous Owner Hashemian Shahriar $800,000
Previous Owner Stearns Jamie $1,202,500
Previous Owner Pratt Kevin B $920,000
Closed Stearns Jamie $277,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2012 12/31/12 Sold $1,625,000 -4.4% $677 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
05/26/2010 05/26/10 For Sale $1,699,000 -- $708 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $22,639 $2,001,062 $1,557,753 $443,309
2024 $22,639 $1,961,826 $1,527,209 $434,617
2023 $22,019 $1,923,360 $1,497,264 $426,096
2022 $21,641 $1,885,648 $1,467,906 $417,742
2021 $21,284 $1,848,675 $1,439,124 $409,551
2020 $21,089 $1,830,520 $1,424,368 $406,152
2019 $20,715 $1,794,644 $1,396,440 $398,204
2018 $20,294 $1,759,471 $1,369,059 $390,412
2016 $18,851 $1,690,382 $1,315,898 $374,484
2015 $18,461 $1,664,991 $1,296,132 $368,859
2014 $18,206 $1,632,377 $1,270,743 $361,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S10056840

California Regional Multiple Listing Service (CRMLS)

APN: 4176-016-016