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Seller's Agent in 2021
Joseph Franklin
Keller Williams Beach Cities
Estimated Value: $1,007,000 - $1,183,000
Three (3) unit, single-story building built in 1956 with four (4) enclosed garage spaces. Offered at a 5.12% cap rate, this property delivers an excellent return from day one, with the ability to increase cash flow by increasing rents to market. The spacious 3 BD/2BA unit is currently rented well below market. All units larger than average featuring one (1), 1BD/1BA, one (1), 2BD/1BA and one (1) 3 BD/2BA with approximately 1,800 SF of living space. The 2 BD/1BA unit can be delivered vacant at the close of escrow. At $268/sq. ft., the property is offered below the average price/sq. ft. for recent comparable sales in the area. Big fenced patio with secure gate shared with the adjacent fourplex. Professionally managed, well maintained, and several units have been recently upgraded. Close to nearby St. Emydius Catholic Church, schools, St Francis Medical Center and the popular Plaza Mexico Shopping Center. The building can be purchased together or separate from the adjacent fourplex located at 3552 Brenton Ave. MLS# SB21006639
Last Agent to Sell the Property
Joseph Franklin
Keller Williams Beach Cities License #01936986 Listed on: 01/11/2021
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
B & L Brenton Llc | -- | Adams Carol Y | |
Brian And Lesliean Zambrano Family Trust | -- | Adams Carol Y | |
Zambrano Brian | $815,000 | Fidelity National Title | |
Snow Melt Abbott Llc | -- | Fidelity National Title Co | |
Snow Melt Abbott Llc | -- | First American Title | |
Snow Melt Abbott Llc | -- | Fidelity National Title | |
Mavredakis John | $373,500 | Fidelity National Title | |
John A Prestage Revocable Family Trust | -- | -- |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Zambrano Brian | $611,250 | |
Previous Owner | Zambrano Brian | $611,250 | |
Previous Owner | Snow Melt Abbott Llc | $495,000 | |
Previous Owner | Snow Melt Abbott Llc | $279,950 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/09/2021 03/09/21 | Sold | $815,000 | -4.1% | $258 / Sq Ft |
03/08/2021 03/08/21 | Price Changed | $850,000 | 0.0% | $269 / Sq Ft |
03/08/2021 03/08/21 | For Sale | $850,000 | 0.0% | $269 / Sq Ft |
01/11/2021 01/11/21 | For Sale | $850,000 | +127.7% | $269 / Sq Ft |
06/26/2013 06/26/13 | Sold | $373,250 | +2.3% | $118 / Sq Ft |
06/14/2013 06/14/13 | Pending | -- | -- | -- |
05/17/2013 05/17/13 | For Sale | $365,000 | -- | $115 / Sq Ft |
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 | $12,479 | $882,180 | $529,308 | $352,872 |
2024 | $12,479 | $864,883 | $518,930 | $345,953 |
2023 | $12,388 | $847,925 | $508,755 | $339,170 |
2022 | $11,943 | $831,300 | $498,780 | $332,520 |
2021 | $6,455 | $422,985 | $217,438 | $205,547 |
2020 | $6,206 | $418,649 | $215,209 | $203,440 |
2019 | $6,598 | $410,441 | $210,990 | $199,451 |
2018 | $6,031 | $402,394 | $206,853 | $195,541 |
2016 | $5,614 | $386,771 | $198,822 | $187,949 |
2015 | $5,510 | $380,962 | $195,836 | $185,126 |
2014 | $5,397 | $373,500 | $192,000 | $181,500 |
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Seller's Agent in 2021
Joseph Franklin
Keller Williams Beach Cities
Seller Co-Listing Agent in 2021
Martin Ensbury
Lyon Stahl Investment Real Estate, Inc.
(310) 376-4600
2 in this area
27 Total Sales
Buyer's Agent in 2021
Sunny Choi
T.N.G. Real Estate Consultants
(562) 330-1000
3 in this area
117 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21006380
APN: 6191-015-002