NOT LISTED FOR SALE
5 Beds
4 Baths
2,587 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: May 9, 2013

Last sale price $1,700,000 $657 Per Sq Ft

11 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Freeway
  • No HOA
  • El Morro Elementary School Rated A+
  • Wood Flooring
  • Central Heating

About This Home

As of May 2013

Amazing investment property in north Laguna situated on a large 50x122 street to alley lot just 3 blocks to the ocean. Beautifully landscaped grounds offer a pacific tropical paradise with hibiscus, plumeria, palms, ferns, citrus & rose bushes. Each of the 4 units seem like they're individual homes with great open floor plans & views of the lush landscaping. The front house, unit #359, includes 2 spacious bedrooms, 1 which leads to a private patio, 1 bathroom with a tub & shower, bright light & open kitchen concept to the living & dining rooms. Additional amenities include a front yard, fireplace, hardwood floors and single enclosed garage with 2nd tandem space behind. Current rent is $2400 per month. Unit #361 includes 1 bedroom, 1 bathroom with hardwood floors, living room that looks out to the courtyard & 2 tandem parking spaces. Current rent is $1100 per month. Unit #363 includes 2 spacious bedrooms, 1 bathroom, hardwood floors, front balcony overlooking the courtyard, spacious open kitchen concept, very sunny/bright with peek-a-boo ocean views & awesome 4th of July fireworks display, 1 car garage plus tandem space. Current rent is $2100 per month. Unit #363 is a studio with a large outdoor patio & street parking only. Current rent is $850 per month.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 04/09/2013

Coldwell Banker Realty

Co-Listed By

Sean Goodsell

Coldwell Banker Realty License #01258158

Last Buyer's Agent

OUT OF AREA OUT OF AREA

OUT OF AREA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,098 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Garage
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Property Attached

Interior Spaces

  • 2,587 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Ocean Side of Freeway

Utilities

  • Central Heating
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 413
  • Assessor Parcel Number 49603104

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $564
  • Water Sewer Expense $1,512
  • Gross Income $6,450
  • Net Operating Income $74,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Water Sewer Expenses: 1512.00
  • Property Type: Residential Income
  • Parcel Number: 49603104
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Fireplace Features: Living Room
  • Price Per Square Foot: 657.13

Exterior Features

  • View: Ocean, Peek-A-Boo
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Electric Expense: 564.00
  • Gross Income: 6450.00
  • Gross Scheduled Income: 77400.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 74700.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 2700.00
  • Rent Control: No
  • Total Actual Rent: 6450.00
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 413
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/09/2013 05/09/13 Sold $1,700,000 +0.1% $657 / Sq Ft
04/20/2013 04/20/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $1,699,000 -- $657 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,777 $1,970,280 $1,882,645 $87,635
2024 $22,777 $1,931,648 $1,845,731 $85,917
2023 $23,004 $1,893,773 $1,809,540 $84,233
2022 $22,392 $1,856,641 $1,774,059 $82,582
2021 $21,790 $1,820,237 $1,739,274 $80,963
2020 $21,371 $1,801,573 $1,721,440 $80,133
2019 $20,925 $1,766,249 $1,687,687 $78,562
2018 $20,470 $1,731,617 $1,654,595 $77,022
2017 $20,006 $1,697,664 $1,622,152 $75,512
2016 $19,568 $1,664,377 $1,590,345 $74,032
2015 $19,212 $1,639,377 $1,566,457 $72,920
2014 $18,806 $1,607,264 $1,535,772 $71,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13062513

California Regional Multiple Listing Service (CRMLS)

APN: 496-031-04

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