NOT LISTED FOR SALE
6 Beds
4 Baths
2,600 Sq Ft
3,600 Sq Ft Lot

Sale Details

Date Sold: September 10, 2013

Last sale price $1,691,000 $650 Per Sq Ft

19 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Wood Flooring
  • Top Of The World Elementary School Rated A+
  • Open Floorplan
  • 4-minute walk to Bluebird Park

About This Home

As of September 2013

This stunningly remodeled three-unit property is the perfect low-maintenance, trophy rental property or the perfect vacation home with rental income. The property was extensively remodeled in 2007 to include all the upgrades of the discerning tenant-- open floor plan, kitchens with Bosch s/s appliance suite, dishwashers, granite counters, marble/cermaic tiled baths, all new hardwood floors, all new windows, in-unit washer/dryers, additional storage, shared courtyard & assigned parking. 461 is a free standing cottage w/ box beam ceilings, 2 beds, 2 baths, 2 prkng, rented at $2550. 459 is front upper unit w/ panoramic ocean views, 2 beds, 1 bath, 2 prkng, rented at $2450. 457 is front lower unit (easy to show), 2 beds 1 bath, 1 prkng, currently vacant w/ market rent of $2300. This unbeatable Laguna Village location is a quick walk to the beach & the best restaurants & shops that Laguna has to offer!

Last Agent to Sell the Property

Outside Area

Outside Area Listings License #N/A Listed on: 07/24/2013

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 3,600 Sq Ft Lot
  • Landscaped
  • Garden

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Ocean
  • Panoramic

Home Design

  • Cottage
  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Recessed Lighting
  • Bay Window
  • Family Room Off Kitchen
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • Shared Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 64420506

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $2,026
  • Trash Expense $426
  • Water Sewer Expense $2,075
  • New Taxes Expense $17,643
  • Net Operating Income $64,830

Property Details

Home Type

Multi-Family

Year Built

Built in 1930 | Remodeled

Lot Details

3,600 Sq Ft Lot

Parking

2

Listing Details

  • Subdivision Name Other: The Village (VIL)
  • View: Yes
  • Water Sewer Expenses: 2075.00
  • Architectural Style: Bungalow, Cottage
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 64420506
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Beamed Ceilings, Built-in Features, Granite Counters, Open Floorplan, Recessed Lighting
  • Flooring: Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 650.38
  • Window Features: Bay Window(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: Ocean, Panoramic
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Gas Cooktop, Microwave, Refrigerator
  • Laundry Features: Dryer Included, Stackable, Washer Included
  • Sewer: Shared Septic
  • Trash Expense: 426.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Garden, Landscaped
  • Lot Size Sq Ft: 3600.00
  • Lot Size Acres: 0.0830

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 87600.00
  • Insurance Expense: 2026.00
  • Lot Size Area: 3600.0000 Square Feet
  • Net Operating Income: 64830.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Rent Control: No
  • Total Actual Rent: 7300.00

Tax Info

  • New Taxes Expense: 17643.00

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
Dec 6, 2016
Sold by
Bought by

Purchase Details

Listed on
Jul 24, 2013
Closed on
Sep 6, 2013
Sold by
Bought by
Seller's Agent
Outside Area
Outside Area Listings
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,729,000
Sold Price
$1,691,000
Premium/Discount to List
-$38,000
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
0.0415%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 27, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 2006
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
$78,725
Interest Rate
0.0657%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 23, 2000
Sold by
Bought by

Purchase Details

Closed on
Jul 24, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 6, 1999
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 Available
$1,650,000 Old Republic Title Company
-- None Available
-- Equity Title Company
-- --
-- --
-- --
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
Open $1,002,500
Previous Owner $1,100,000
Previous Owner $78,725
Previous Owner $1,102,150
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
09/10/2013 09/10/13 Sold $1,691,000 -2.2% $650 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $1,729,000 -- $665 / 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 $22,521 $2,022,671 $1,932,500 $90,171
2024 $22,521 $1,983,011 $1,894,608 $88,403
2023 $22,605 $1,944,129 $1,857,459 $86,670
2022 $22,043 $1,906,009 $1,821,038 $84,971
2021 $21,488 $1,868,637 $1,785,332 $83,305
2020 $21,117 $1,849,477 $1,767,026 $82,451
2019 $20,695 $1,813,213 $1,732,378 $80,835
2018 $20,257 $1,777,660 $1,698,410 $79,250
2017 $19,812 $1,742,804 $1,665,107 $77,697
2016 $19,393 $1,708,632 $1,632,458 $76,174
2015 $19,056 $1,682,967 $1,607,937 $75,030
2014 $18,664 $1,650,000 $1,576,439 $73,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG13147250

California Regional Multiple Listing Service (CRMLS)

APN: 644-205-06

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