NOT LISTED FOR SALE
8 Beds
8 Baths
3,550 Sq Ft
10,454 Sq Ft Lot

Last Sold October 31, 2022

Last sale price $2,996,000 $844 Per Sq Ft

4 Days on Market

Highlights

  • No Units Above
  • Quartz Countertops
  • No HOA
  • Newport Heights Elementary Rated A
  • Lawn
  • Laundry Room

About This Home

As of October 2022

Attractive 3-unit property in a premier location in Eastside Heights only blocks from Cliff Drive Park and PCH amenities on Mariners' Mile.

Last Agent to Sell the Property

Mary Golding

Christie's International R.E. Southern California License #01865418 Listed on: 10/03/2022

Christie's International R.E. Southern California

Last Buyer's Agent

Teresa Yang

Pacific Sterling Realty License #00839280

Pacific Sterling Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Vinyl Fence
  • Wood Fence
  • Level Lot
  • Lawn

Parking

  • 6 Car Garage
  • Parking Available
  • Shared Driveway

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 3,550 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 516
  • Assessor Parcel Number 42531105

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Eastside Heights Subdivision

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Pest Control $900
  • Trash Expense $720
  • Water Sewer Expense $1,560
  • Operating Expense $36,210
  • Gross Income $134,400
  • Net Operating Income $98,190

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Price Per Unit: 998333
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Eastside Heights (EHCM)
  • View: No
  • Water Sewer Expenses: 1560.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 42531105
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Quartz Counters
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One, Two
  • Price Per Square Foot: 843.94
  • Room Type: Family Room, Kitchen, Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Vinyl, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage, Shared Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Pest Control Expense: 900.00
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Level with Street
  • Lot Size Sq Ft: 10454.00
  • Lot Size Acres: 0.2400

Multi Family

  • Gross Income: 134400.00
  • Gross Scheduled Income: 134000.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 10454.0000 Square Feet
  • Net Operating Income: 98190.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 36210.00
  • Rent Control: No
  • Total Expenses: 36210.00

Tax Info

  • Tax Census Tract: 633.02
  • Tax Lot: 16
  • Tax Tract Number: 516

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
10/31/2022 10/31/22 Sold $2,996,000 0.0% $844 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
10/03/2022 10/03/22 For Sale $2,995,000 -- $844 / 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: NP22214151

California Regional Multiple Listing Service (CRMLS)

APN: 425-311-05