NOT LISTED FOR SALE

Estimated Value: $1,253,000 - $1,891,125

1 Bed
1 Bath
2,522 Sq Ft
$607/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $1,180,000 $468 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $9,712/month

27 Days on Market

Highlights

  • 14,296 Sq Ft lot
  • Wood Flooring
  • Laundry Room
  • Bixby Elementary School Rated 9+
  • Living Room
  • Wall Furnace

About This Home

As of August 2017

Great curb appeal with easy access to the freeway and only minutes from downtown, Belmont Shore and the beach!
There are 4 units - all bright and airy with lots of windows. Each unit has built-in closets and ample storage in the kitchens with all opening up to the spacious lawn and courtyard area - making it a quiet sitting area for reading or grilling. The one car garages are at the back of the property and laundry is on site. Great investment for improving or finish renting out right away!

Last Agent to Sell the Property

Gayle Probst

Estate Properties License #01137236 Listed on: 06/24/2017

Last Buyer's Agent

Brandon Owens

Owens Commerical Investments License #02029781

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,270

Year Built

  • Built in 1943

Lot Details

  • 0.33 Acre Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Back Yard

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Stucco

Interior Spaces

  • 2,522 Sq Ft Home
  • Living Room
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 11
  • Tax Tract Number 11674
  • Assessor Parcel Number 7219007024

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,270

Year Built

Built in 1943

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Subdivision Name Other: Artcraft Manor (AM)
  • Zoning: LBR3T
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7219007024
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Wood
  • Levels: One
  • Price Per Square Foot: 467.88
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14296.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5750.01
  • Tax Lot: 11
  • Tax Tract Number: 11674

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2017
Closed on
Aug 3, 2017
Sold by
Goldberg Stephen
Bought by
Beach Judy M Gilmer and Judy M Gilmer Beach Revocable Trust
Seller's Agent
Gayle Probst
Estate Properties
Buyer's Agent
Brandon Owens
Owens Commerical Investments
List Price
$1,199,000
Sold Price
$1,180,000
Premium/Discount to List
-$19,000
-1.58%
Current Estimated Value
$1,530,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,031
Avg. Annual Appreciation
3.90%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Beach Judy M Gilmer $1,180,000 Progressive Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beach Judy M Gilmer $600,000
Closed Gilbmer Beach Judy M $430,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $1,180,000 -1.6% $468 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $1,199,000 -- $475 / 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 $17,270 $1,342,634 $944,396 $398,238
2024 $17,270 $1,316,309 $925,879 $390,430
2023 $16,981 $1,290,500 $907,725 $382,775
2022 $15,944 $1,265,197 $889,927 $375,270
2021 $15,633 $1,240,390 $872,478 $367,912
2019 $15,411 $1,203,600 $846,600 $357,000
2018 $14,951 $1,180,000 $830,000 $350,000
2016 $6,876 $538,161 $215,576 $322,585
2015 $6,609 $530,078 $212,338 $317,740
2014 $6,584 $519,695 $208,179 $311,516
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17143343

California Regional Multiple Listing Service (CRMLS)

APN: 7219-007-024