NOT LISTED FOR SALE

Estimated Value: $1,374,000 - $1,746,000

4 Beds
4 Baths
2,404 Sq Ft
$667/Sq Ft Est. Value

Last Sold July 19, 2013

Last sale price $955,000 $397 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $9,902/month

58 Days on Market

Highlights

  • Peek-A-Boo Views
  • No HOA
  • Central Heating
  • Naples Bayside Academy Rated A
  • Laundry Room

About This Home

As of July 2013

REPLACES ML # SW 13075069
Steps away from the sand! This two unit townhome is perfect for an owner user or as an income property and is currently occupied by two month-to-month tenants. Each unit includes: 2 bedrooms, 2 bathrooms, and access to a 2 car (tandem) garage. The lower unit includes a private yard area. The upper unit includes a roof top deck with ocean views, balcony off the living room, and skylights which let in natural light throughout. Access to the garages is via the alley between Corona Ave & Covina Ave.

Last Agent to Sell the Property

Neil Gascon

Neil D Gascon, Broker License #01894090 Listed on: 04/22/2013

Last Buyer's Agent

Todd Hawke

Keller Williams Realty Downey License #01376219

Keller Williams Realty Downey

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,723

Year Built

  • Built in 1987

Lot Details

  • 2,408 Sq Ft Lot
  • 1 Common Wall
  • Density is 11-15 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Split Level Home
  • Property Attached

Interior Spaces

  • 2,404 Sq Ft Home
  • Family Room with Fireplace
  • Peek-A-Boo Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 3750
  • Assessor Parcel Number 7247024006

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Electric Expense $600
  • Insurance Expense $1,500
  • Professional Management Expense $200
  • Water Sewer Expense $600
  • Gross Income $4,690
  • Net Operating Income $6,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,723

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • Professional Management Expense: 200.00
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 7247024006
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Family Room
  • Levels: Multi/Split
  • Price Per Square Foot: 397.25

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 2408.00
  • Lot Size Acres: 0.0550

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 4690.00
  • Gross Scheduled Income: 56280.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 2408.0000 Square Feet
  • Net Operating Income: 6280.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 50000.00
  • Rent Control: No

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 3750
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2015
Sold by
Yost Michael and Yost Teresa
Bought by
The Mty Family Trust
Current Estimated Value
$1,604,398

Purchase Details

Listed on
Apr 22, 2013
Closed on
Jul 19, 2013
Sold by
Imv 8 Ca Detached Llc
Bought by
Yost Michael and Yost Teresa
Seller's Agent
Neil Gascon
Neil D Gascon, Broker
Buyer's Agent
Todd Hawke
Keller Williams Realty Downey
List Price
$955,000
Sold Price
$955,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%

Purchase Details

Closed on
Dec 5, 2012
Sold by
Boren Larry L and Boren Lynn E
Bought by
Imv 8 Ca Detached Llc

Purchase Details

Closed on
Dec 15, 2005
Sold by
Boren Larry L and Boren Lynn E
Bought by
Boren Larry L and Boren Lynn E
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
The Mty Family Trust -- None Available
Yost Michael $945,009 Fidelity National Title Co
Imv 8 Ca Detached Llc -- Fidelity National Title Co
Boren Larry L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boren Larry L $6,350,000
Previous Owner Rialto Heights Llc $5,800,000
Previous Owner Boren Larry L $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2013 07/19/13 Sold $955,000 0.0% $397 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $955,000 -- $397 / 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 $14,723 $1,170,687 $741,640 $429,047
2024 $14,723 $1,147,734 $727,099 $420,635
2023 $14,479 $1,125,231 $712,843 $412,388
2022 $13,582 $1,103,168 $698,866 $404,302
2021 $13,317 $1,081,538 $685,163 $396,375
2019 $13,127 $1,049,461 $664,842 $384,619
2018 $12,793 $1,028,884 $651,806 $377,078
2016 $11,763 $988,934 $626,497 $362,437
2015 $11,283 $974,080 $617,087 $356,993
2014 -- $955,000 $605,000 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW13135126

California Regional Multiple Listing Service (CRMLS)

APN: 7247-024-006