NOT LISTED FOR SALE
5 Beds
4 Baths
2,907 Sq Ft
1985 Built

Last Sold May 16, 2016

Last sale price $1,200,000 $413 Per Sq Ft

1 Day on Market

Highlights

  • Ocean View
  • Ocean Side of Freeway
  • Cathedral Ceiling
  • Palisades Elementary School Rated A
  • Property is near a park
  • Wood Flooring

About This Home

As of May 2016

Sold during processing. The property has a nice location with some views but is in need of TLC and upgrades.

Last Listed By

Brian Ward

First Team Real Estate License #01155833 Listed on: 03/23/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 5,262 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Paved or Partially Paved Lot
  • Private Yard
  • Lawn
  • Back Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 2,907 Sq Ft Home
  • Crown Molding
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Ocean Views
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Location

  • Property is near a park
  • Suburban Location

Additional Features

  • Ocean Side of Freeway
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 40 / 10
  • Tax Tract Number 735
  • Assessor Parcel Number 69138208

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,400
  • Trash Expense $350
  • Water Sewer Expense $720
  • New Taxes Expense $14,400
  • Gross Income $6,000
  • Net Operating Income $55,130

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 9494559273
  • Other Phone Number: 9494559273
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 720.00
  • Property Type: Residential Income
  • Parcel Number: 69138208
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Crown Molding, High Ceilings, Laminate Counters
  • Entry Location: Mid Level
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Price Per Square Foot: 412.80
  • Room Type: Living Room

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Community, Individual Room
  • Trash Expense: 350.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Lawn, Landscaped, Paved, Park Nearby, Yard
  • Lot Size Sq Ft: 5262.00
  • Price Per Lot Square Foot: 228.05

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1260
  • Average3 Bed Area: 1597
  • Gross Income: 6000.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 1400.00
  • Net Operating Income: 55130.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 16870.00
  • Rent Control: No
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • New Taxes Expense: 14400.00
  • Tax Block: 10
  • Tax Lot: 40
  • Tax Tract Number: 735

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
05/16/2016 05/16/16 Sold $1,200,000 0.0% $413 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $1,200,000 -- $413 / 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: OC16105160

California Regional Multiple Listing Service (CRMLS)

APN: 691-382-08