NOT LISTED FOR SALE

Estimated Value: $1,898,000 - $2,079,274

4 Beds
4 Baths
2,632 Sq Ft
$755/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $1,645,500 $625 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $12,157/month

12 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Lowell Elementary School Rated A-
  • Neighborhood Views
  • 2-minute walk to Livingston Drive Park

About This Home

As of January 2023

Fantastic Spanish Duplex located on an oversized corner lot adjacent the highly desirable Estates Section of Belmont Heights offers wonderful curb appeal with lush landscaping and plentiful outdoor entertaining areas, including a serene shared backyard with lovely brick patio. Each charming unit features a living room, dining room, breakfast nook, 2 spacious bedrooms, 2 baths, & inside laundry. The upper unit has been beautifully remodeled, offering a delightful balcony off the living room, gorgeous kitchen upgraded with custom cabinetry, stainless steel appliances, sleek granite counter tops, & access to a spectacular deck over the two-car garage; while the lower unit exudes all the vintage charm you’d expect from this coveted architectural era. Just a short distance to award winning schools, trendy shopping & dining in Belmont Shore, Alamitos Bay & the Beach, this is an amazing opportunity for the savvy investor or owner occupant!

Last Agent to Sell the Property

Sue La Bounty

First Team Real Estate License #01161648 Listed on: 12/01/2022

First Team Real Estate

Last Buyer's Agent

Craig Smith

Coldwell Banker Realty License #00543003

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 4,190 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,632 Sq Ft Home
  • Decorative Fireplace
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 12 / 10
  • Tax Tract Number 5774
  • Assessor Parcel Number 7250031014

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Belmont Heights Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $75,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7250031014
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Fireplace Features: Living Room, Decorative
  • Levels: Two
  • Price Per Square Foot: 625.19
  • Room Type: Laundry, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4190.00
  • Lot Size Acres: 0.0962

Multi Family

  • Average2 Bed Area: 1316 Square Feet
  • Gross Income: 75900.00
  • Gross Scheduled Income: 75900.00
  • Lot Size Area: 4190.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No

Tax Info

  • Tax Block: 10
  • Tax Census Tract: 5774.00
  • Tax Lot: 12
  • Tax Tract Number: 5774

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Dec 13, 2022
Sold by
Fleming Family Trust
Bought by
Marion C Weller Trust
Seller's Agent
Sue La Bounty
First Team Real Estate
Buyer's Agent
Craig Smith
Coldwell Banker Realty
List Price
$1,695,000
Sold Price
$1,645,500
Premium/Discount to List
-$49,500
-2.92%
Views
7
Current Estimated Value
$1,986,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,319
Avg. Annual Appreciation
6.48%

Purchase Details

Closed on
Dec 18, 2019
Sold by
Fleming Kenneth P and Lewis Fleming Diane
Bought by
Fleming Kenneth P and Fleming Diane Lewis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2019
Sold by
Fleming Kenneth P and Lewis Fleming Diane
Bought by
Fleming Kenneth P and Lewis Fleming Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2016
Closed on
Oct 11, 2016
Sold by
Security Eat 20
Bought by
Fleming Kenneth P and Fleming Diane Lewis
Seller's Agent
Brian Sturzenacker
Keller Williams Larchmont
Buyer's Agent
Sue Bounty
First Team Real Estate
List Price
$1,268,000
Sold Price
$1,255,000
Premium/Discount to List
-$13,000
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%

Purchase Details

Listed on
Jun 11, 2016
Closed on
Aug 3, 2016
Sold by
Malley Martin A O
Bought by
Security East 20 Inc
Seller's Agent
Brian Sturzenacker
Keller Williams Larchmont
Buyer's Agent
Sue Bounty
First Team Real Estate
List Price
$1,268,000
Sold Price
$1,255,000
Premium/Discount to List
-$13,000
-1.03%

Purchase Details

Closed on
Jul 24, 2002
Sold by
Pollock James Albert
Bought by
Omalley Martin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 4, 1999
Sold by
Pollock James A
Bought by
Pollock James Albert and Pollock Patricia Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.77%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marion C Weller Trust $1,645,500 Ticor Title
Fleming Kenneth P -- Accommodation
Fleming Kenneth P -- Chicago Title Company
Fleming Kenneth P -- Chicago Title
Fleming Kenneth P -- Chicago Title
Fleming Kenneth P -- First American Title Company
Security East 20 Inc $1,255,000 First American Title Company
Omalley Martin A $675,000 North American Title
Pollock James Albert -- North American Title
Pollock James Albert -- --
Pollock James Albert -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fleming Kenneth P $620,000
Previous Owner Fleming Kenneth P $500,000
Previous Owner Omalley Martin A $540,000
Previous Owner Pollock James Albert $230,000
Closed Omalley Martin A $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2023 01/06/23 Sold $1,645,500 -2.9% $625 / Sq Ft
12/01/2022 12/01/22 For Sale $1,695,000 +35.1% $644 / Sq Ft
08/22/2016 08/22/16 Sold $1,255,000 -1.0% $477 / Sq Ft View Prior Sale
08/04/2016 08/04/16 Pending -- -- --
06/11/2016 06/11/16 For Sale $1,268,000 -- $482 / 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 $21,343 $1,711,978 $1,040,400 $671,578
2024 $21,343 $1,678,410 $1,020,000 $658,410
2023 $17,936 $1,399,973 $981,655 $418,318
2022 $16,824 $1,372,523 $962,407 $410,116
2021 $16,500 $1,345,612 $943,537 $402,075
2019 $16,264 $1,305,702 $915,552 $390,150
2018 $15,847 $1,280,100 $897,600 $382,500
2016 $9,895 $825,833 $381,718 $444,115
2015 $9,494 $813,429 $375,985 $437,444
2014 $9,423 $797,496 $368,620 $428,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22249700

California Regional Multiple Listing Service (CRMLS)

APN: 7250-031-014