NOT LISTED FOR SALE
4 Beds
3 Baths
2,954 Sq Ft
5,001 Sq Ft Lot

Last Sold May 03, 2019

Last sale price $1,450,000 $491 Per Sq Ft

184 Days on Market

Highlights

  • Laundry Room
  • Front Yard
  • 3-minute walk to Crown Point Park
  • Crown Point Junior Music Academy Rated A-
  • 1-Story Property

About This Home

As of May 2019

EXCELLENT INVESTOR OPPORTUNITY - Less than a block away from the ocean! A two bedroom/one bath house and four one bedroom/one bath units makes this a great property to own. Beautiful weather, and a sterling location. Immediately close to Crown Point Park, Ski Beach Park, Inner Crown Point and the Northern Wildlife Preserve, Old Town and other shopping. Close to the 5 and the 8 Freeways.

Last Agent to Sell the Property

Ruben Martinez

Fiduciary Real Estate Services License #01027549 Listed on: 07/30/2018

Co-Listed By

Logan Martinez

Fiduciary Real Estate Services License #01960924

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Front Yard

Interior Spaces

  • 2,954 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 4245320700

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 6 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $456
  • Gardener Expense $3,760
  • Insurance Expense $3,964
  • Maintenance Expense $1,200
  • Professional Management Expense $6,804
  • Water Sewer Expense $2,700
  • New Taxes Expense $20,555
  • Operating Expense $39,439
  • Gross Income $97,200
  • Net Operating Income $57,761

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • CapRate: 3.30
  • Professional Management Expense: 6804.00
  • Property Attached: No
  • Water Sewer Expenses: 2700.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 3760.00
  • Parcel Number: 4245320700
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 490.86

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5001.00
  • Lot Size Acres: 0.1148

Multi Family

  • Electric Expense: 456.00
  • Gross Income: 97200.00
  • Gross Scheduled Income: 97200.00
  • Insurance Expense: 3964.00
  • Lot Size Area: 5001.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 57761.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 39439.00
  • Rent Control: No
  • Total Expenses: 39439.00

Tax Info

  • New Taxes Expense: 20555.00
  • Tax Census Tract: 77.02
  • Tax Lot: 19

Range of Values:

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Sold Price
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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 List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $1,450,000 -17.1% $491 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
11/26/2018 11/26/18 Price Changed $1,750,000 -16.7% $592 / Sq Ft
07/30/2018 07/30/18 For Sale $2,100,000 -- $711 / 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: OC18183882

California Regional Multiple Listing Service (CRMLS)