NOT LISTED FOR SALE

3826 Lakeshore Blvd Nice, CA 95464

Studio
-- Bath
2,509 Sq Ft
1.33 Acres

Last Sold August 04, 2017

Last sale price $1,290,000 $514 Per Sq Ft

240 Days on Market

About This Home

As of August 2017

An excellent unit mix of 11 cottages, 12 RV spaces, & a 2,700 SF lakefront home, situated on 1.33 acres. Amenities include 125' of beach frontage, pier/dock, boat ramp, work shop, & storage. All dwellings are sub-metered for all utilities & have access to a common area laundry facility. Tenants are responsible for gas, electric, water/trash. Within close distance of Worldmark Wyndham Resort, Casinos, 35+ Wineries, and Marymount University.

Last Agent to Sell the Property

Alex Tannous

Batarseh Real Estate License #01927778 Listed on: 07/11/2016

Last Buyer's Agent

Non-Member 999999

Non-member Office

Property Details

Home Type

  • Condominium

Lot Details

  • 1.33

Parking

  • Uncovered Parking

Home Design

  • 2,509 Sq Ft Home
  • Mixed Use
  • Slab Foundation
  • Shingle Roof

Laundry

  • Leased Washer and Dryer

Utilities

  • Heating System Uses Propane
  • Individual Gas Meter
  • Separate Water Meter

Community Details

  • 13 Buildings
  • Gross Income $193,860

Listing and Financial Details

  • Assessor Parcel Number 032-182-04-00

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Flats, Mixed Use
  • Directions To Property: Access From East Highway 20 and Lakeshore Blvd
  • Lot Size Acres: 1.3300
  • CapRate: 9.14
  • Year Built Details: Unknown
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 514.15
  • Square Footage: 2509
  • NumberOfBuildings: 13

Exterior Features

  • Foundation: Slab
  • Lot Features: Private
  • Roof: Shingle

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Propane
  • Laundry Features: Washer/Dryer Leased
  • Separate Meters: Electricity, Gas, Water

Lot Info

  • Assessor Parcel Number: 032-182-04-00
  • Lot Size Sq Ft: 57935

Multi Family

  • 1 Bedroom Rent Range: 330-875
  • Two Bedroom Rent Range: 330-875
  • Three Bedroom Rent Range: 330-875
  • Four Bedroom Rent Range: 330-875

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2016
Closed on
Aug 4, 2017
Sold by
The Balbo Family Trust
Bought by
Encarnacion Angelique
Seller's Agent
Alex Tannous
Batarseh Real Estate
Buyer's Agent
Non-Member 999999
Non-member Office
List Price
$1,290,000
Sold Price
$1,290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$838,500
Outstanding Balance
$696,843
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2013
Sold by
Balbo Constantino J and Balbo Ersula B
Bought by
The Balbo Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Encarnacion Angelique $1,290,000 First American Title Company
The Balbo Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Encarnacion Angelique $838,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2017 08/04/17 Sold $1,290,000 0.0% $514 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
07/11/2016 07/11/16 For Sale $1,290,000 -- $514 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $16,796 $1,494,247 $682,696 $811,551
2024 $17,154 $1,481,279 $669,310 $811,969
2023 $16,497 $1,454,382 $656,187 $798,195
2022 $16,804 $1,413,973 $643,321 $770,652
2021 $16,426 $1,386,290 $630,707 $755,583
2020 $15,450 $1,355,216 $624,240 $730,976
2019 $15,675 $1,330,700 $612,000 $718,700
2018 $14,238 $1,306,020 $600,000 $706,020
2017 $7,727 $701,103 $254,574 $446,529
2016 $7,638 $686,357 $249,583 $436,774
2015 $7,532 $676,049 $245,835 $430,214
2014 $7,410 $662,807 $241,020 $421,787
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21616308

Bay Area Real Estate Information Services (BAREIS)

APN: 032-182-040-000