NOT LISTED FOR SALE
9 Beds
6 Baths
5,200 Sq Ft
8,115 Sq Ft Lot

Last Sold July 06, 2017

Last sale price $2,200,000 $423 Per Sq Ft

Highlights

  • Ocean View
  • Laundry Room
  • Back Yard
  • Marco Forster Middle School Rated A-
  • Landscaped

About This Home

As of July 2017

Sold while processing

Last Agent to Sell the Property

Gary Ceasar

First Team Real Estate License #00576152 Listed on: 06/15/2017

First Team Real Estate

Last Buyer's Agent

Cheryl Saltus

Salome’ Ollangg Real Estate Broker License #00344671

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,115 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Back Yard

Parking

  • 5 Open Parking Spaces
  • 4 Car Garage

Interior Spaces

  • 5,200 Sq Ft Home
  • Ocean Views

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 18 / 2
  • Tax Tract Number 857
  • Assessor Parcel Number 68226216

Community Details

Overview

  • 5 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Gardener Expense $480
  • Insurance Expense $1,800
  • Trash Expense $780
  • Water Sewer Expense $720
  • New Taxes Expense $22,500
  • Operating Expense $28,680
  • Gross Income $108,600
  • Net Operating Income $79,920

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 720.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 68226216
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 423.08

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 780.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped
  • Lot Size Sq Ft: 8115.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1800.00
  • Gross Income: 108600.00
  • Gross Scheduled Income: 108600.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 79920.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 28680.00
  • Rent Control: No
  • Total Expenses: 28680.00

Tax Info

  • New Taxes Expense: 22500.00
  • Tax Block: 2
  • Tax Census Tract: 423.13
  • Tax Lot: 18
  • Tax Tract Number: 857

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2017 07/06/17 Sold $2,200,000 0.0% $423 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $2,200,000 +80.3% $423 / Sq Ft
12/20/2012 12/20/12 Sold $1,220,000 -6.2% $235 / Sq Ft View Prior Sale
11/01/2012 11/01/12 Pending -- -- --
09/02/2012 09/02/12 For Sale $1,300,000 -- $250 / 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 $36,679 $3,289,744 $3,051,849 $237,895
2024 $36,679 $3,225,240 $2,992,009 $233,231
2023 $35,545 $3,162,000 $2,933,342 $228,658
2022 $27,136 $2,358,843 $2,159,602 $199,241
2021 $26,499 $2,312,592 $2,117,257 $195,335
2020 $23,168 $2,288,880 $2,095,547 $193,333
2019 $22,712 $2,244,000 $2,054,457 $189,543
2018 $22,276 $2,200,000 $2,014,173 $185,827
2017 $13,280 $1,310,383 $1,117,401 $192,982
2016 $13,025 $1,284,690 $1,095,491 $189,199
2015 $14,616 $1,265,393 $1,079,035 $186,358
2014 $14,371 $1,240,606 $1,057,898 $182,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17136808

California Regional Multiple Listing Service (CRMLS)