Seller's Agent in 2021
Ronald Ellison
Keller Williams Coastal Prop.
(562) 569-3037
2 in this area
18 Total Sales
5
Beds
4
Baths
2,626
Sq Ft
5,663
Sq Ft Lot
Highlights
- Private Yard
- 2 Car Direct Access Garage
- Landscaped
- Agnes L. Smith Elementary Rated A-
- Laundry Room
- 1-minute walk to 17th Street Park
About This Home
As of February 2021Great Opportunity to own Multi-family units on a Double Lot in Surf City USA. Walking distance to the Surf and Sand, Pier, Downtown Main Street, Shopping, Restaurants, and Entertainment. Each unit features its own private backyard, 1-car garage, with additional assigned parking spots for friends and family. Spacious units with the front offering 2 bed 2 bath with the back unit offering 3 bed 2 bath. This investment has 3 wonderful Opportunities: 1. Live in one unit while renting the other for additional income. 2. Rent both units for maximizing cash flow as an investor 3. Contractor or Developer can take advantage of splitting the Double Lot and Build 2 New Construction Homes that would be valued over 2 Million Each (Must check with city permits). Must see to appreciate!!!
Last Agent to Sell the Property
Keller Williams Coastal Prop. License #01827843 Listed on: 12/21/2020
Last Buyer's Agent
Keller Williams Coastal Prop. License #01827843 Listed on: 12/21/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Lot Details
- 5,663 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Landscaped
- Front Yard Sprinklers
- Sprinklers on Timer
- Private Yard
- Lawn
- Garden
- Back and Front Yard
Parking
- 2 Car Direct Access Garage
- 2 Carport Spaces
- Rear-Facing Garage
- Two Garage Doors
- Driveway
- On-Street Parking
- Parking Lot
- Assigned Parking
Home Design
- Property Attached
- Slab Foundation
- Common Roof
Interior Spaces
- 2,626 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Additional Features
- Exterior Lighting
- Central Heating
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 10 / 517
- Tax Tract Number 359
- Assessor Parcel Number 02314604
Community Details
Overview
- 2 Units
- Downtown Area Subdivision
Recreation
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $250
- Trash Expense $50
- Water Sewer Expense $200
- New Taxes Expense $1,300
- Operating Expense $1,800
- Gross Income $65,400
- Net Operating Income $65,400
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/17/2021 02/17/21 | Sold | $1,420,000 | +1.8% | $541 / Sq Ft |
| 12/29/2020 12/29/20 | Pending | -- | -- | -- |
| 12/21/2020 12/21/20 | For Sale | $1,395,000 | -- | $531 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Ronald Ellison
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20260829
APN: 023-146-04
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