NOT LISTED FOR SALE
2 Beds
3 Baths
1,996 Sq Ft
3,890 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

0

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

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
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 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: LG14132432

California Regional Multiple Listing Service (CRMLS)