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

Sale Details

Date Sold: July 6, 2017

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

Highlights

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

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

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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 in unit
  • 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

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

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

8,115 Sq Ft Lot

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

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

Closed on
Jun 15, 2022
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
$825,000
Outstanding Balance
$760,759
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2017
Closed on
May 25, 2017
Sold by
Bought by
Seller's Agent
Gary Ceasar
First Team Real Estate
Buyer's Agent
Cheryl Saltus
Salome’ Ollangg Real Estate Broker
List Price
$2,200,000
Sold Price
$2,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.95%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Sep 2, 2012
Closed on
Dec 19, 2012
Sold by
Bought by
Seller's Agent
Brent Nguyen
SPS Realty
Buyer's Agent
Gary Ceasar
First Team Real Estate
List Price
$1,300,000
Sold Price
$1,220,000
Premium/Discount to List
-$80,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.84%
Original Mortgage
$650,000
Interest Rate
3.37%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 2, 2012
Closed on
Nov 16, 2012
Sold by
Bought by
Seller's Agent
Brent Nguyen
SPS Realty
Buyer's Agent
Gary Ceasar
First Team Real Estate
List Price
$1,300,000
Sold Price
$1,220,000
Premium/Discount to List
-$80,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2009
Sold by
Bought by
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
$3,100,000 Commonwealth Land Title
$2,200,000 Wfg National Title
-- Accommodation
$1,220,000 Fidelity National Title
-- Accommodation
-- None Available
-- None Available
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
Open $825,000
Previous Owner $1,200,000
Previous Owner $650,000
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 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

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
2026 $37,552 $3,355,538 $3,112,886 $242,652
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17136808

California Regional Multiple Listing Service (CRMLS)
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