NOT LISTED FOR SALE

Estimated Value: $1,800,000 - $4,469,000

5 Beds
5 Baths
4,170 Sq Ft
$823/Sq Ft Est. Value

Last Sold March 19, 2015

Last sale price $1,600,000 $384 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $22,393/month

14 Days on Market

About This Home

As of March 2015

Rare Spanish style fourplex with gorgeous ocean views, situated in the sought-after Bluff Park Historical District. The two spacious front units offer vintage 1920s charm, hardwood floors and custom cabinetry. The back units are a great source of additional income and sit atop four single-car garages, providing premium parking. Each of the units has its own outdoor entertaining area, allowing residents to enjoy the area’s plentiful sunshine and coastal breezes. The front units are each two bedrooms with about 1,500 sq. ft. In the rear, you’ll find a one-bedroom with newer laminate wood flooring and a studio with a hideaway bed and hardwood floors. Properties with this location, view, and features rarely come on the market. Don’t miss out!

Last Agent to Sell the Property

Shannon Jones

Keller Williams Pacific Estate License #01247705 Listed on: 01/29/2015

Keller Williams Pacific Estate

Last Buyer's Agent

Dave Stockton

National Realty Group License #01214367

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $46,083

Year Built

  • Built in 1924

Lot Details

  • 4,699 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 4 Car Garage

Home Design

  • 4,170 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • Rain Gutters
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 10 / 41
  • Tax Tract Number 37726
  • Assessor Parcel Number 7264013012

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $5,070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$46,083

Year Built

Built in 1924

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • Property Type: Residential Income
  • Parcel Number: 7264013012
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 383.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4699.00
  • Lot Size Acres: 0.1080

Multi Family

  • Gross Income: 5070.00
  • Gross Scheduled Income: 5070.00
  • Lot Size Area: 4699.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 5070.00

Tax Info

  • Tax Block: 41
  • Tax Lot: 10
  • Tax Tract Number: 37726

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Jaite William Lee and Feldman Robert S
Bought by
Haroon Yousuf H
Current Estimated Value
$3,431,599

Purchase Details

Closed on
Aug 23, 2021
Sold by
Haroon Yasmin Y
Bought by
Haroon Yousuf H

Purchase Details

Listed on
Jan 29, 2015
Closed on
Mar 16, 2015
Sold by
Feldman Jan
Bought by
Feldman Robert S
Seller's Agent
Shannon Jones
Keller Williams Pacific Estate
Buyer's Agent
Dave Stockton
National Realty Group
List Price
$1,500,000
Sold Price
$1,600,000
Premium/Discount to List
$100,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$800,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2015
Closed on
Feb 17, 2015
Sold by
Neuman Karen L and The Flugum Trust
Bought by
Jaite William Lee and Feldman Robert S
Seller's Agent
Shannon Jones
Keller Williams Pacific Estate
Buyer's Agent
Dave Stockton
National Realty Group
List Price
$1,500,000
Sold Price
$1,600,000
Premium/Discount to List
$100,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2004
Sold by
Flugum Elmer A and The Flugum Trust
Bought by
Flugum Elmer A and Neuman Karen L
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Haroon Yousuf H $3,500,000 Wfg National Title Co Of Ca
Haroon Yousuf H -- Wfg Title Insurance Company
Feldman Robert S -- None Available
Jaite William Lee $1,600,000 Chicago Title Company
Flugum Elmer A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jaite William Lee $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2015 03/19/15 Sold $1,600,000 +6.7% $384 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $1,500,000 -- $360 / 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 $46,083 $3,714,227 $2,414,248 $1,299,979
2024 $46,083 $3,641,400 $2,366,910 $1,274,490
2023 $45,321 $3,570,000 $2,320,500 $1,249,500
2022 $42,493 $3,500,000 $2,275,000 $1,225,000
2021 $22,197 $1,794,635 $1,332,388 $462,247
2020 $22,139 $1,776,234 $1,318,726 $457,508
2019 $21,879 $1,741,407 $1,292,869 $448,538
2018 $21,324 $1,707,263 $1,267,519 $439,744
2016 $19,419 $1,624,400 $1,218,300 $406,100
2015 $18,244 $1,565,739 $927,846 $637,893
2014 -- $1,535,069 $909,671 $625,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15019938

California Regional Multiple Listing Service (CRMLS)

APN: 7264-013-012