NOT LISTED FOR SALE
2 Beds
3 Baths
1,996 Sq Ft
3,877 Sq Ft Lot

Last Sold January 09, 2015

Last sale price $785,000 $393 Per Sq Ft

112 Days on Market

Highlights

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

About This Home

As of January 2015

*REO* 3 UNITS IN GOOD + CONDITION THROUGHOUT, LAUNDRY ROOM. SPACIOUS REAR YARD. UPSTAIRS 1 BEDROOM & 1 BATH HAS A FRONT BALCONY & OCEAN VIEW! DOWNSTAIRS 1 BEDROOM & 1 BATH. 3RD UNIT IS A CUTE STUDIO. 2 Car GARAGE + 2 OPEN SPACES (FULL DEPTH DRIVEWAY). PLEASE SUBMIT ALL OFFERS.

Last Agent to Sell the Property

SCOTT BOTSFORD

Dornin Realty Advisors License #01906845 Listed on: 12/08/2014

Last Buyer's Agent

Robert Wolff

Harcourts Prime Properties License #01053562

Harcourts Prime Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 3,890 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,996 Sq Ft Home
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 21 / 6
  • Tax Tract Number 857
  • Assessor Parcel Number 68225421

Community Details

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $400
  • Insurance Expense $850
  • Other Expense $1,200
  • Trash Expense $300
  • Water Sewer Expense $400
  • New Taxes Expense $9,625
  • Gross Income $3,350
  • Net Operating Income $27,225

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

3,890 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Lantern Village Central (LDC)
  • View: Yes
  • Water Sewer Expenses: 400.00
  • Property Type: Residential Income
  • Parcel Number: 68225421
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 393.29

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3890.00
  • Lot Size Acres: 0.0890

Multi Family

  • Electric Expense: 400.00
  • Gross Income: 3350.00
  • Gross Scheduled Income: 40200.00
  • Insurance Expense: 850.00
  • Lot Size Area: 3890.0000 Square Feet
  • Net Operating Income: 27225.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 12975.00
  • Other Expense: 1200.00
  • Rent Control: No
  • Total Actual Rent: 30000.00

Tax Info

  • New Taxes Expense: 9625.00
  • Tax Block: 6
  • Tax Lot: 21
  • Tax Tract Number: 857
  • Tax Year: 2013
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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
01/09/2015 01/09/15 Sold $785,000 -17.4% $393 / Sq Ft
10/08/2014 10/08/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $950,000 -- $476 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,246 $943,450 $837,639 $105,811
2024 $12,246 $924,951 $821,214 $103,737
2023 $11,969 $906,815 $805,112 $101,703
2022 $11,465 $889,035 $789,326 $99,709
2021 $11,139 $871,603 $773,849 $97,754
2020 $11,018 $862,666 $765,914 $96,752
2019 $10,713 $845,751 $750,896 $94,855
2018 $10,386 $829,168 $736,172 $92,996
2017 $10,114 $812,910 $721,737 $91,173
2016 $9,471 $796,971 $707,585 $89,386
2015 $9,103 $800,684 $710,881 $89,803
2014 $2,206 $119,190 $57,645 $61,545
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG14132432

California Regional Multiple Listing Service (CRMLS)
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