NOT LISTED FOR SALE

Estimated Value: $2,044,000 - $3,852,753

5 Beds
5 Baths
3,000 Sq Ft
$961/Sq Ft Est. Value

Sale Details

Date Sold: March 14, 2012

Last sale price $1,470,000 $490 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $17,021 / mo

183 Days on Market

Highlights

  • Fireplace in Bathroom
  • Contemporary Architecture
  • Tile Flooring
  • Coeur D'Alene Avenue Elementary School Rated A-
  • Laundry Room
  • 5-minute walk to Linnie Canal Park

About This Home

As of March 2012

Lovely Triplex located in the 1st block from Ocean Front Walk and the sand. The Triplex has a one bed & one bath unit plus two 2 bd rm & 2 ba units. All units are in great shape and have been well maintained by the owner.The whole building is double-paned for energy savings and to dimish outside noise. The triples has six parking spaces, one more than required by law. The one bedroom is rented for $1,775.00 and the two bedrooms are rented for $2,780.00 & $2,875.00. Close to Marina Del Rey, Santa Monica, and Venice Beach.

Last Agent to Sell the Property

Paul Clark

CLARK AND ASSOCIATES License #00514725 Listed on: 05/31/2011

Last Buyer's Agent

UNKNOWN UNKNOWN

Estate Properties License #940576

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 2,657

Parking

  • 6 Car Garage
  • Attached Carport
  • Parking Available

Home Design

  • Contemporary Architecture
  • Turnkey
  • Frame Construction
  • Shake Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Tile Flooring
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms
  • Fireplace in Bathroom

Outdoor Features

  • Fireplace in Patio

Utilities

  • Radiant Heating System
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 19 / 19
  • Tax Tract Number 18
  • Assessor Parcel Number 4226018018

Community Details

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • Electric Expense $875
  • Insurance Expense $1,500
  • Water Sewer Expense $925
  • New Taxes Expense $4,250
  • Gross Income $100
  • Net Operating Income $82,330

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

2,657 Sq Ft Lot

Parking

6

Listing Details

  • Assessments: No
  • Water Sewer Expenses: 925.00
  • Zoning: LAR3
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 4226018018
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Tile
  • Appliances: Yes
  • Fireplace Features: Bath, Living Room, Patio
  • Levels: Two
  • Price Per Square Foot: 490.00
  • Room Type: Living Room

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shake
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Radiant
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Multi Family

  • Average1 Bed Area: 800
  • Average2 Bed Area: 1100
  • Electric Expense: 875.00
  • Gross Income: 100.00
  • Insurance Expense: 1500.00
  • Laundry Equipment Own Lease: Own
  • Net Operating Income: 82330.00
  • Number Of Separate Electric Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 8030.00
  • Rent Control: Yes
  • Total Actual Rent: 7430.00

Tax Info

  • New Taxes Expense: 4250.00
  • Tax Block: 19
  • Tax Lot: 19
  • Tax Tract Number: 018
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
Hall Richard C
Bought by
Richard C Hall Revocable Trust and Hall
Current Estimated Value
$2,883,188

Purchase Details

Listed on
May 31, 2011
Closed on
Mar 9, 2012
Sold by
Hall Rena
Bought by
Hall Richard C
Seller's Agent
Paul Clark
CLARK AND ASSOCIATES
Buyer's Agent
UNKNOWN UNKNOWN
Estate Properties
List Price
$1,590,000
Sold Price
$1,470,000
Premium/Discount to List
-$120,000
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%

Purchase Details

Closed on
Dec 27, 2011
Sold by
Harth James E
Bought by
Hall Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$955,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2006
Sold by
Harth James E
Bought by
Harth James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2004
Sold by
Harth Maureen Christie
Bought by
Harth James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,000
Interest Rate
5.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Richard C Hall Revocable Trust -- None Listed On Document
Hall Richard C -- Advantage Title Company
Hall Richard C $1,470,000 Advantage Title Company
Harth James E -- Investors Title Company Gln
Harth James E -- Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hall Richard C $955,500
Previous Owner Harth James E $735,000
Previous Owner Harth James E $622,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2012 03/14/12 Sold $1,470,000 -7.5% $490 / Sq Ft
11/30/2011 11/30/11 Pending -- -- --
05/31/2011 05/31/11 For Sale $1,590,000 -- $530 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $22,083 $1,846,389 $1,381,656 $464,733
2024 $22,083 $1,810,186 $1,354,565 $455,621
2023 $21,655 $1,774,693 $1,328,005 $446,688
2022 $20,646 $1,739,896 $1,301,966 $437,930
2021 $20,388 $1,705,782 $1,276,438 $429,344
2019 $19,775 $1,655,189 $1,238,579 $416,610
2018 $19,702 $1,622,736 $1,214,294 $408,442
2016 $18,838 $1,559,726 $1,167,143 $392,583
2015 $18,561 $1,536,299 $1,149,612 $386,687
2014 $18,627 $1,506,206 $1,127,093 $379,113
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: N11069026

California Regional Multiple Listing Service (CRMLS)

APN: 4226-018-018

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