NOT LISTED FOR SALE
6 Beds
6 Baths
4,302 Sq Ft
5,979 Sq Ft Lot

Sale Details

Date Sold: November 12, 2014

Last sale price $1,525,000 $354 Per Sq Ft

Highlights

  • Ocean View
  • 0.14 Acre Lot
  • Wood Flooring
  • Lowell Elementary School Rated A-
  • Dual Staircase
  • No HOA

About This Home

As of November 2014

Great ocean view property, featuring: fireplaces in all 4 units, 5 garages, 2 extra parking, separate gas and electric, balcony, two private yards, all on a double lot 5,979 sq ft, the total building sq ft is 4,302. The roof is 2 years old and the windows have been updated to dual glazed.

Last Agent to Sell the Property

Frank Marshall

Franklin Marshall, Broker License #00682236 Listed on: 10/23/2014

Franklin Marshall, Broker

Last Buyer's Agent

Todd Hawke

Keller Williams Realty Downey License #01376219

Keller Williams Realty Downey

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 5,979 Sq Ft Lot
  • Lot Dimensions are 66x92
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 4,302 Sq Ft Home
  • Dual Staircase
  • Living Room with Fireplace
  • Ocean Views

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Floor Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2425
  • Tax Tract Number 3750
  • Assessor Parcel Number 7256036023

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Gross Income $7,750

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

5,979 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Zoning: LBR4R
  • Property Type: Residential Income
  • Parcel Number: 7256036023
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet, Wood
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 354.49

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Floor Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 66X92
  • Lot Size Sq Ft: 5979.00
  • Lot Size Acres: 0.1370

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 900
  • Average2 Bed Area: 1100
  • Average Studio Area: 400
  • Gross Income: 7750.00
  • Gross Scheduled Income: 93000.00
  • Lot Size Area: 5979.0000 Square Feet
  • Number Of Rented Garages: 5
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 5
  • Operating Expense Percent: 19.00
  • Rent Control: No
  • Vacancy Allowance Rate: 2.00

Tax Info

  • Tax Lot: 2425
  • Tax Tract Number: 3750
  • Tax Year: 2013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2024
Sold by
Bought by

Purchase Details

Listed on
Oct 23, 2014
Closed on
Oct 24, 2014
Sold by
Bought by
Seller's Agent
Frank Marshall
Franklin Marshall, Broker
Buyer's Agent
Todd Hawke
Keller Williams Realty Downey
List Price
$1,599,000
Sold Price
$1,525,000
Premium/Discount to List
-$74,000
-4.63%

Purchase Details

Closed on
Dec 3, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 12, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
0.0553%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 1998
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,525,000 North American Title Company
-- None Available
-- Fidelity National Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,050,000
Closed $262,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/12/2014 11/12/14 Sold $1,525,000 -4.6% $354 / Sq Ft
10/23/2014 10/23/14 Pending -- -- --
10/23/2014 10/23/14 For Sale $1,599,000 -- $372 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $24,424 $1,832,813 $1,201,846 $630,967
2024 $23,365 $1,796,877 $1,178,281 $618,596
2023 $22,973 $1,761,645 $1,155,178 $606,467
2022 $21,558 $1,727,104 $1,132,528 $594,576
2021 $21,129 $1,693,240 $1,110,322 $582,918
2019 $20,828 $1,643,220 $1,077,391 $565,829
2018 $20,288 $1,611,005 $1,056,266 $554,739
2016 $18,661 $1,548,256 $1,015,250 $533,006
2015 $17,907 $1,525,000 $1,000,000 $525,000
2014 $4,986 $376,905 $331,695 $45,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14227222

California Regional Multiple Listing Service (CRMLS)
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