NOT LISTED FOR SALE

Estimated Value: $1,592,000 - $1,725,000

4 Beds
2 Baths
1,796 Sq Ft
$930/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $1,600,000 $891 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,541/month

11 Days on Market

About This Home

As of July 2023

Gorgeous duplex located right in Belmont Shore across the street from the actual Pacific Ocean! 2 story unit with large open and airy downstairs unit. Large unit upstairs as well with upgraded appliances and newer updates. Tile kitchens and wooden floors in each unit. Beautiful lighting and floor moulding as well. Includes Large Courtyard area attached between units and their garages. Laundry room right off of the courtyard area. Can't beat the view and walking distance of local shopping and local entertainment.

Last Agent to Sell the Property

Jeremy Wayland

Lionheart Pride License #01388205 Listed on: 07/06/2023

Last Buyer's Agent

Dave Shorter

David Shorter, Broker License #01886301

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 2,757 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,796 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 27 / 16
  • Tax Tract Number 3750
  • Assessor Parcel Number 7256032027
  • $431 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • Belmont Shore Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $800
  • Insurance Expense $1,600
  • Trash Expense $350
  • Water Sewer Expense $1,200
  • Operating Expense $3,950
  • Gross Income $54,000
  • Net Operating Income $50,050

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Shore (BSD)
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR4R
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7256032027
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 890.87

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 350.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2757.00
  • Lot Size Acres: 0.0633

Multi Family

  • Electric Expense: 800.00
  • Gross Income: 54000.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 2757.0000 Square Feet
  • Net Operating Income: 50050.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3950.00
  • Rent Control: Yes
  • Total Expenses: 3950.00

Tax Info

  • Tax Block: 16
  • Tax Census Tract: 5773.00
  • Tax Lot: 27
  • Tax Tract Number: 3750
  • TaxOtherAnnualAssessmentAmount: 431.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2017
Closed on
Jul 20, 2017
Sold by
Maloney Katherine Ellen
Bought by
Moza Ocean Llc
Seller's Agent
Alan Wignall
First Team Real Estate
Buyer's Agent
Alan Wignall
First Team Real Estate
List Price
$1,300,000
Sold Price
$1,250,000
Premium/Discount to List
-$50,000
-3.85%
Current Estimated Value
$1,688,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,911
Avg. Annual Appreciation
3.50%

Purchase Details

Closed on
Aug 30, 1996
Sold by
Maloney Joseph M
Bought by
Maloney Joseph M and The Joseph M Maloney Revocable Living Tr
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
Moza Ocean Llc $1,250,000 Western Resources Title Co
Maloney Joseph M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2023 07/28/23 Sold $1,600,000 0.0% $891 / Sq Ft
07/06/2023 07/06/23 For Sale $1,600,000 +28.0% $891 / Sq Ft
08/02/2017 08/02/17 Sold $1,250,000 -3.8% $696 / Sq Ft View Prior Sale
07/12/2017 07/12/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $1,300,000 -- $724 / 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 $20,301 $1,632,000 $1,224,000 $408,000
2024 $20,301 $1,600,000 $1,200,000 $400,000
2023 $17,456 $1,367,054 $1,093,645 $273,409
2022 $16,371 $1,340,250 $1,072,201 $268,049
2021 $16,060 $1,313,972 $1,051,178 $262,794
2019 $15,830 $1,275,260 $1,020,000 $255,260
2018 $15,432 $1,250,260 $1,000,000 $250,260
2016 $1,454 $99,154 $72,049 $27,105
2015 $1,402 $97,665 $70,967 $26,698
2014 $1,404 $95,753 $69,577 $26,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23120888

California Regional Multiple Listing Service (CRMLS)

APN: 7256-032-027