$1,950,000
SOLD FEB 20, 2025
7 Beds
6 Baths
3,898 Sq Ft
6,509 Sq Ft Lot

Recently Sold

$500 Per Sq Ft

3% Above List Price

42 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • Neighborhood Views
  • Fremont Elementary School Rated A
  • No HOA
  • Park

About This Home

As of February 2025

We are proud to present 3701 E. Broadway to the market! This spectacular Belmont Heights 4plex is located on the corner of Euclid and Broadway. Just a short stroll to the Ocean, Belmont Shore, wonderful local restaurants, shopping, incredible schools, parks and much more! The asset is comprised of two completely detached buildings (two duplexes) with an unbeatable unit mix (1. 3bd x 2bth - 1. 2bd x 2bth - 2. 1bd x 1bth) Situated on a large rectangular (6,509 SF) lot, both buildings are strategically positioned maximizing yard space. Building 1; town-home style living at its best, each unit is two story and has its own laundry, yard space, one garage with one additional parking space. Building 2; units are located above the garages, share a rear yard and laundry, each have their own garage and additional parking space. A prime asset to add an ADU. The current owner will provide all approved ADU plans to prospective buyer/s on acceptance. 4plex buildings are arguably the most sought after asset on the market today, this one won’t last long!

Last Agent to Sell the Property

Cameron Jacques

Kinnery's Brokerage House Brokerage Phone: 310-490-8134 License #01852032 Listed on: 01/09/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,509 Sq Ft Lot
  • Lot Dimensions are 130 x 50
  • 1 Common Wall
  • Rectangular Lot

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 3,898 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Floor Furnace
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 5772
  • Assessor Parcel Number 7255010013
  • $993 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Belmont Heights Subdivision

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Water Sports
  • Bike Trail

Building Details

  • 5 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $42,287
  • Gross Income $132,000
  • Net Operating Income $87,073

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Ad Number: 562-800-0838
  • CapRate: 4.59
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Zoning: LBCNP
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7255010013
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Price Per Square Foot: 500.26

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Dog Park, Golf, Gutters, Park, Watersports, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size: 130 x 50
  • Lot Size Sq Ft: 6509.00
  • Lot Size Acres: 0.1494

Multi Family

  • Average1 Bed Area: 555 Square Feet
  • Average2 Bed Area: 1288 Square Feet
  • Average3 Bed Area: 1500 Square Feet
  • Average Studio Area: 555 Square Feet
  • Gross Income: 132000.00
  • Gross Multiplier: 14.36
  • Gross Operating Income: 129360.00
  • Gross Scheduled Income: 132000.00
  • Lot Size Area: 6509.0000 Square Feet
  • Net Operating Income: 87073.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 42287.00
  • Rent Control: No
  • Total Expenses: 42287.00

Tax Info

  • Tax Census Tract: 5772.00
  • Tax Lot: 12
  • Tax Tract Number: 5772
  • TaxOtherAnnualAssessmentAmount: 993.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Jan 30, 2025
Sold by
Cj York Llc
Bought by
Hughes Ryan J and Hughes Courtney
Seller's Agent
Cameron Jacques
Kinnery's Brokerage House
List Price
$1,895,000
Sold Price
$1,950,000
Premium/Discount to List
$55,000
2.9%
Views
41
Current Estimated Value
$1,962,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,075
Avg. Annual Appreciation
0.73%
Original Mortgage
$1,000,000
Outstanding Balance
$991,710
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$970,365

Purchase Details

Closed on
May 24, 2017
Sold by
Moore Brian T
Bought by
Moore Bryan and Moore Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2011
Sold by
Moore Bryan T
Bought by
Moore Bryan T and Bryan T Moore Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2011
Sold by
Moore Bryan T
Bought by
Moore Bryan T and Moore Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2008
Sold by
Moore Bryan T
Bought by
Moore Bryan T and Bryan T Moore Revocable Trust

Purchase Details

Closed on
Jun 14, 2004
Sold by
Moore Bryan T
Bought by
Moore Bryan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2003
Sold by
Wiser Kathryn M
Bought by
Moore Bryan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.22%

Purchase Details

Closed on
Oct 30, 2000
Sold by
Wiser Kay
Bought by
Wiser Kathryn M and The Kathryn M Wiser Family Trust

Purchase Details

Closed on
Apr 1, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wiser Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
8.36%

Purchase Details

Closed on
Oct 6, 1994
Sold by
Dubin David and Dubin Rhonda
Bought by
Federal Home Loan Mortgage Corporation
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 Type Sale Price Title Company
Grant Deed $1,950,000 Ticor Title
Interfamily Deed Transfer -- Wfg National Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Advantage Title Inc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Southland Title
Interfamily Deed Transfer -- Southland Title
Grant Deed $700,000 Chicago Title Co
Interfamily Deed Transfer -- --
Corporate Deed $250,000 First American Title
Trustee Deed $2,900,009 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $625,000 New Conventional
Previous Owner $560,000 New Conventional
Previous Owner $620,000 Purchase Money Mortgage
Previous Owner $540,000 No Value Available
Previous Owner $187,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2025 02/20/25 Sold $1,950,000 +2.9% $500 / Sq Ft
01/09/2025 01/09/25 For Sale $1,895,000 +1.1% $486 / Sq Ft
08/17/2021 08/17/21 Sold $1,875,000 -1.1% $481 / Sq Ft View Prior Sale
07/07/2021 07/07/21 For Sale $1,895,000 -- $486 / 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 $25,506 $2,010,988 $1,305,285 $705,703
2024 $25,506 $1,971,558 $1,279,692 $691,866
2023 $25,078 $1,932,900 $1,254,600 $678,300
2022 $23,530 $1,895,000 $1,230,000 $665,000
2021 $11,907 $936,611 $669,012 $267,599
2020 $11,875 $927,289 $662,153 $265,136
2019 $11,735 $909,113 $649,170 $259,943
2018 $11,389 $891,294 $636,442 $254,852
2016 $10,466 $856,417 $611,729 $244,688
2015 $10,048 $843,554 $602,541 $241,013
2014 $9,986 $827,031 $590,739 $236,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25004904

California Regional Multiple Listing Service (CRMLS)

APN: 7255-010-013