$1,344,000
SOLD MAR 8, 2017
8 Beds
6 Baths
4,687 Sq Ft
6,767 Sq Ft Lot

Recently Sold

$287 Per Sq Ft

23% Below List Price

35 Days on Market

Highlights

  • No HOA
  • Fremont Elementary School Rated A
  • Paved or Partially Paved Lot

About This Home

As of November 2020

Four units consisting of 2 buildings each with 2 units. Front building with that 1930's charm has enclosed stairway leading to each units entrance. 2 bedrooms and 1 bath upstairs and the same downstairs. Each unit has hardwood floors, built in cabinets and faux fireplace with gas. The 3 car garage separates the buildings and you have an additional 5 spots to park. Rear building has a 2 bedroom 2 bath unit upstairs with a private balcony, the 2 bedroom 2 bathroom downstairs has a private gated patio/backyard. The rear building also has a coin operated laundry room available for all the units to use.(Pictures were taken between tenants, any vacancy has been filled in less than a month) Near transportation, downtown and the beach! Great investment opportunity.

Last Agent to Sell the Property

Kathy (Apples) Gordon

Berkshire Hathaway HomeServices California Properties License #00853237 Listed on: 12/09/2016

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Caterina Helfenstein

Berkshire Hathaway HomeServices California Properties License #01255708

Last Buyer's Agent

Wade Tettenburn

Palazzo Realty Inc. License #01246595

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,464

Year Built

  • Built in 1986

Lot Details

  • 6,767 Sq Ft Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot

Parking

  • 5 Open Parking Spaces
  • 3 Car Garage

Home Design

  • 4,687 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 5771
  • Assessor Parcel Number 7255019021

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Water Sewer Expense $1,080
  • Operating Expense $2,410
  • Gross Income $75,000
  • Net Operating Income $2,410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,464

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: Co Listing
  • Other Phone Number: 562-900-6761
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • Water Sewer Expenses: 1080.00
  • Zoning: LBCNR
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 7255019021
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 286.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 5.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 6767.00

Multi Family

  • Gross Income: 75000.00
  • Gross Scheduled Income: 75000.00
  • Net Operating Income: 2410.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 2
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 1
  • Operating Expense: 2410.00
  • Rent Control: No
  • Total Expenses: 2410.00

Tax Info

  • Tax Census Tract: 5771.00
  • Tax Lot: 16
  • Tax Tract Number: 5771

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Teresa Boyd
Bought by
Teresa Boyd Trust
Current Estimated Value
$2,235,940

Purchase Details

Listed on
Nov 4, 2020
Closed on
Oct 14, 2020
Sold by
Mizrahi Geoffrey and Mizrahi Olga
Bought by
Boyd Teresa
Seller's Agent
Wade Tettenburn
Palazzo Realty Inc.
Buyer's Agent
Wade Tettenburn
Palazzo Realty Inc.
List Price
$1,705,500
Sold Price
$1,705,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%

Purchase Details

Listed on
Dec 9, 2016
Closed on
Jan 11, 2017
Sold by
Sutherland Kenneth and Sutherland Linda
Bought by
Mizrahi Geoffrey and Mizrahi Olga
Seller's Agent
Kathy (Apples) Gordon
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Wade Tettenburn
Palazzo Realty Inc.
List Price
$1,750,000
Sold Price
$1,344,000
Premium/Discount to List
-$406,000
-23.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$940,800
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2014
Sold by
Sutherland Brandon and Sutherland Kyler
Bought by
Sutherland Kenneth and Sutherland Linda

Purchase Details

Closed on
Oct 28, 2013
Sold by
Jughead Properties Llc
Bought by
Sutherland Kenneth and Sutherland Linda

Purchase Details

Closed on
Oct 23, 2008
Sold by
Sutherland Frank and Sutherland Norman S
Bought by
Jughead Properties Llc

Purchase Details

Closed on
Sep 26, 2008
Sold by
Sutherland Frank and Sutherland Dorothy Revocable L
Bought by
Sutherland Frank and Sutherland Norman S

Purchase Details

Closed on
Jun 30, 2000
Sold by
Sutherland Dorothy A
Bought by
The Dorothy A Sutherland Trust

Purchase Details

Closed on
Sep 10, 1993
Sold by
Gage Beulah W
Bought by
Gage Beulah W and Young Denise Marie
Source: Public Records

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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
Deed -- None Listed On Document
Grant Deed $1,705,500 Stewart Title
Grant Deed $1,344,000 Ticor Title
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $940,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2020 11/04/20 Sold $1,705,500 0.0% $364 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $1,705,500 +26.9% $364 / Sq Ft
03/08/2017 03/08/17 Sold $1,344,000 -10.4% $287 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
12/21/2016 12/21/16 Price Changed $1,500,000 -14.3% $320 / Sq Ft
12/09/2016 12/09/16 For Sale $1,750,000 -- $373 / 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 $23,464 $1,846,086 $1,190,674 $655,412
2024 $23,464 $1,809,889 $1,167,328 $642,561
2023 $23,074 $1,774,402 $1,144,440 $629,962
2022 $21,655 $1,739,610 $1,122,000 $617,610
2021 $21,226 $1,705,500 $1,100,000 $605,500
2019 $17,818 $1,398,297 $977,976 $420,321
2018 $17,311 $1,370,880 $958,800 $412,080
2016 $13,608 $1,118,375 $787,005 $331,370
2015 $13,062 $1,101,577 $775,184 $326,393
2014 $12,974 $1,080,000 $760,000 $320,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16760931

California Regional Multiple Listing Service (CRMLS)

APN: 7255-019-021