$1,480,000
SOLD SEP 20, 2013 RENTED JUN 17, 2025
5 Beds
3 Baths
2,100 Sq Ft
3,550 Sq Ft Lot

Recently Sold

$705 Per Sq Ft

1% Below List Price

2 Days on Market

Highlights

  • No Units Above
  • Wood Flooring
  • Living Room with Attached Deck
  • Harbor View Elementary School Rated A
  • Main Floor Bedroom
  • Granite Countertops

About This Home

As of April 2025

Fabulous opportunity to live 3.5 blocks from world class beaches in a substantially remodeled duplex featuring a wonderful 2 bedroom, 1 bath cottage in the front and a 3 bedroom, 2 full baths in the back unit with an attached 2 car garage. Front cottage is approximately 1,000 sq ft. Rear nit is approximately 2,000 sq ft (1,200 Up and 800 Down). As you enter the cottage, the refinished hardwood floors greet you at the front door & welcome you into the cozy great room with high beam ceilings. The all new kitchen includes granite counter tops, new cabinets, new stainless steel appliances & beautiful travertine stone floors, which is perfect for entertaining and cooking with friends. The remodeled bathroom has travertine floors & shower/tub w/decorative glass tile accents, granite counter tops, new lighting, fixtures, etc. The back unit was remodeled 1.5 years ago with all white kitchen w/new appliances, freshly painted cabinets, recessed lighting & new floors. The remodeling continues with new carpeting, remodeled bathrooms, recessed lighting & a great enclosed patio. This is a perfect investment property! Live in the front with great rental income from the rear or use the front as a vacation home/rental for even more income.

Last Agent to Sell the Property

Steve Roose

Luxury Real Estate License #01871043 Listed on: 09/07/2013

Last Buyer's Agent

Steve Roose

Luxury Real Estate License #01871043 Listed on: 09/07/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,188

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 3,550 Sq Ft Lot
  • No Units Above
  • No Common Walls
  • No Units Located Below
  • Northwest Facing Home
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Cottage
  • Property Attached
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Attached Deck
  • Home Office
  • Storage

Kitchen

  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry Located Outside
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Homes

  • Two Homes on a Lot

Utilities

  • Wall Furnace
  • Gas Water Heater
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance, water
  • Legal Lot and Block 14 / 539
  • Tax Tract Number 186
  • Assessor Parcel Number 45920307

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • New Taxes Expense $15,000
  • Gross Income $8,800
  • Net Operating Income $89,760

Security

  • Card or Code Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,188

Year Built

Built in 1965 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • CapRate: 6.00
  • Price Per Unit: 750000
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Smoke Detector(s)
  • Subdivision Name Other: Corona del Mar North of PCH (CNHW)
  • View: No
  • Architectural Style: Cottage
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 45920307
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Ceramic Counters, Ceiling Fan(s), Granite Counters, Living Room Deck Attached, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: No Common Walls, No One Above, No One Below
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 704.76
  • Room Type: Living Room, Main Floor Bedroom, Office

Exterior Features

  • Direction Faces: Northwest
  • Foundation: Slab
  • Other Structures: Two On A Lot
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Door Opener, Off Street, Garage - Single Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Cooktop, Gas Water Heater, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, In Garage, Outside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3550.00
  • Lot Size Acres: 0.0810

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance, Water

Multi Family

  • Average2 Bed Area: 880
  • Average3 Bed Area: 1200
  • Gross Income: 8800.00
  • Gross Multiplier: 14.20
  • Gross Scheduled Income: 105600.00
  • Insurance Expense: 1000.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 3550.0000 Square Feet
  • Net Operating Income: 89760.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 1
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 1250.00
  • Operating Expense Percent: 15.00
  • Rent Control: No
  • Total Actual Rent: 7800.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Block: 539
  • Tax Lot: 14
  • Tax Tract Number: 186
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Feb 4, 2025
Sold by
512 Cdm2 Llc
Bought by
Snm3 Llc
Seller's Agent
Joseph Lotfy
Berkshire Hathaway HomeService
Buyer's Agent
Mehdi Khosh
Berkshire Hathaway HomeService
List Price
$3,595,000
Sold Price
$3,400,000
Premium/Discount to List
-$195,000
-5.42%
Views
199
Current Estimated Value
$2,923,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$476,334
Avg. Annual Appreciation
46.50%
Original Mortgage
$1,625,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2024
Closed on
Jan 25, 2025
Sold by
Sheth Neal and Sheth Leena
Bought by
512 Cdm2 Llc
Seller's Agent
Joseph Lotfy
Berkshire Hathaway HomeService
Buyer's Agent
Mehdi Khosh
Berkshire Hathaway HomeService
List Price
$2,595,000
Sold Price
$2,500,000
Premium/Discount to List
-$95,000
-3.66%
Views
650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2024
Closed on
Jan 23, 2025
Sold by
Nangia Sanjay and Nangia Rupali
Bought by
512 Cdm1 Llc
Seller's Agent
Joseph Lotfy
Berkshire Hathaway HomeService
Buyer's Agent
Mehdi Khosh
Berkshire Hathaway HomeService
List Price
$2,595,000
Sold Price
$2,500,000
Premium/Discount to List
-$95,000
-3.66%
Views
650

Purchase Details

Closed on
Feb 2, 2024
Sold by
La21g Llc
Bought by
Sheth Neal and Sheth Leena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,710,000
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 17, 2021
Closed on
Aug 27, 2021
Sold by
Tp & Cp Properties Llc
Bought by
La21g Llc
Seller's Agent
Eliisa Stowell
Surterre Properties Inc.
Buyer's Agent
Danielle Snyder
Coldwell Banker Realty
List Price
$2,450,000
Sold Price
$2,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$2,082,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 26, 2020
Sold by
Bitarafan Bt and Fallahpour Shaghayegh
Bought by
Tp And Cp Properties Llc
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Eliisa Stowell
Surterre Properties Inc.
List Price
$2,190,000
Sold Price
$2,050,000
Premium/Discount to List
-$140,000
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.25%

Purchase Details

Closed on
Apr 13, 2020
Sold by
Bitarafan Bt
Bought by
Bitarafan Bt and Fallahpour Shaghayegh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,272,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2019
Closed on
Aug 6, 2019
Sold by
Fallahpour Shaghayegh
Bought by
Bitarafan Bt
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Massoud Davar
Keller Williams Realty
List Price
$2,095,000
Sold Price
$2,120,000
Premium/Discount to List
$25,000
1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$1,680,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2019
Closed on
Jul 23, 2019
Sold by
Knaup Thomas W
Bought by
Bitarafan Bt
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Massoud Davar
Keller Williams Realty
List Price
$2,095,000
Sold Price
$2,120,000
Premium/Discount to List
$25,000
1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2013
Closed on
Sep 12, 2013
Sold by
Phan Khai and Tran Hoai Thu Thi
Bought by
Knaup Thomas W
Seller's Agent
Steve Roose
Luxury Real Estate
Buyer's Agent
Steve Roose
Luxury Real Estate
Sold Price
$2,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%

Purchase Details

Listed on
Mar 31, 2012
Closed on
Apr 20, 2012
Sold by
Hallmarc Lp
Bought by
Phan Khai and Tran Hoai Thu Thi
Seller's Agent
Denine Kerns
Douglas Elliman Of California
Buyer's Agent
Steve Roose
Luxury Real Estate
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.29%

Purchase Details

Closed on
Jan 18, 2012
Sold by
Lantzman Investments Inc
Bought by
Hallmarc Lp

Purchase Details

Closed on
Jan 13, 2012
Sold by
Bac Home Loans Servicing Lp
Bought by
Lantzman Investments Inc

Purchase Details

Closed on
Mar 15, 2011
Sold by
Hunt Julie L
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Jul 6, 2007
Sold by
Catanzarite Kenneth J and Catanzarite Kim E
Bought by
Hunt Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,700
Interest Rate
6.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2005
Sold by
First Street Financial Center Lp
Bought by
Catanzarite Kenneth J and Catanzarite Kim E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,027,000
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2005
Sold by
Braille Institute Of America Inc
Bought by
First Street Financial Center Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,027,000
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2005
Sold by
Snow Wallace
Bought by
Braille Institute Of America Inc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $2,500,000 California Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Grant Deed $2,309,500 Fidelity National Title
Grant Deed $2,987,500 Fidelity National Title
Grant Deed $2,309,500 Fidelity National Title
Grant Deed $2,987,500 Fidelity National Title
Grant Deed $2,450,000 Chicago Title Company
Grant Deed $2,050,000 Chicago Title
Interfamily Deed Transfer -- Wfg National Title Co Of Ca
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $2,120,000 Chicago Title Company
Grant Deed $1,480,000 Stewart Title Of Ca Inc
Grant Deed $1,200,000 Fidelity National Title
Grant Deed -- Fidelity National Title
Grant Deed $765,000 Fidelity National Title
Trustee Deed $922,500 None Available
Grant Deed $1,735,000 Commonwealth Land Title Co
Grant Deed -- First American Title Co
Grant Deed $1,580,000 California Title Company
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,210,000 New Conventional
Closed $1,625,000 New Conventional
Previous Owner $3,710,000 Construction
Previous Owner $2,389,720 New Conventional
Previous Owner $1,847,400 New Conventional
Previous Owner $3,504,500 Construction
Previous Owner $2,082,500 Commercial
Previous Owner $2,082,500 Commercial
Previous Owner $1,800,000 Unknown
Previous Owner $1,272,000 New Conventional
Previous Owner $1,680,000 New Conventional
Previous Owner $171,700 Commercial
Previous Owner $1,388,000 Negative Amortization
Previous Owner $1,027,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Rented $14,000 -6.7% --
04/03/2025 04/03/25 For Rent $15,000 0.0% --
04/01/2025 04/01/25 Sold $3,400,000 +36.0% $2,000 / Sq Ft
02/10/2025 02/10/25 Sold $2,500,000 +29311.8% $1,908 / Sq Ft
01/25/2025 01/25/25 Pending -- -- --
01/17/2025 01/17/25 Rented $8,500 -5.0% --
01/17/2025 01/17/25 Under Contract -- -- --
12/17/2024 12/17/24 For Rent $8,950 0.0% --
11/20/2024 11/20/24 For Sale $2,595,000 -27.8% $1,981 / Sq Ft
11/20/2024 11/20/24 For Sale $3,595,000 +46.7% $2,115 / Sq Ft
10/17/2021 10/17/21 For Sale $2,450,000 0.0% $907 / Sq Ft
10/15/2021 10/15/21 Sold $2,450,000 +19.5% $907 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/31/2020 08/31/20 Sold $2,050,000 -2.1% $759 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/30/2020 07/30/20 Price Changed $2,095,000 -4.3% $776 / Sq Ft
06/26/2020 06/26/20 For Sale $2,190,000 0.0% $811 / Sq Ft
06/15/2020 06/15/20 Rented $3,200 -3.0% --
06/15/2020 06/15/20 Under Contract -- -- --
06/04/2020 06/04/20 For Rent $3,300 0.0% --
08/09/2019 08/09/19 Sold $2,120,000 +1.2% $707 / Sq Ft
07/17/2019 07/17/19 For Sale $2,095,000 0.0% $698 / Sq Ft
07/05/2019 07/05/19 Pending -- -- --
06/19/2019 06/19/19 Price Changed $2,095,000 0.0% $698 / Sq Ft
04/22/2019 04/22/19 Rented $3,300 0.0% --
04/04/2019 04/04/19 For Rent $3,300 0.0% --
03/28/2019 03/28/19 For Sale $2,295,000 0.0% $765 / Sq Ft
01/06/2017 01/06/17 Rented $1,750 0.0% --
01/03/2017 01/03/17 For Rent $1,750 -44.4% --
07/29/2016 07/29/16 Rented $3,150 +80.0% --
07/15/2016 07/15/16 Rented $1,750 0.0% --
06/09/2016 06/09/16 For Rent $1,750 -44.4% --
06/19/2015 06/19/15 For Rent $3,150 +12.5% --
10/10/2013 10/10/13 Rented $2,800 0.0% --
10/09/2013 10/09/13 Under Contract -- -- --
09/30/2013 09/30/13 For Rent $2,800 0.0% --
09/20/2013 09/20/13 Sold $1,480,000 -1.3% $705 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
09/07/2013 09/07/13 For Sale $1,499,000 0.0% $714 / Sq Ft
08/29/2012 08/29/12 Rented $2,500 +4.2% --
08/24/2012 08/24/12 Under Contract -- -- --
08/16/2012 08/16/12 For Rent $2,400 0.0% --
06/23/2012 06/23/12 Rented $2,400 -14.3% --
06/23/2012 06/23/12 Under Contract -- -- --
05/03/2012 05/03/12 For Rent $2,800 0.0% --
04/30/2012 04/30/12 Sold $1,200,000 -7.6% --
04/20/2012 04/20/12 Pending -- -- --
03/31/2012 03/31/12 For Sale $1,299,000 -- --
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
2024 $27,188 $2,532,438 $2,288,880 $243,558
2023 $24,079 $2,244,000 $2,244,000 $0
2022 $26,307 $2,450,000 $2,200,000 $250,000
2021 $22,099 $2,050,000 $1,950,000 $100,000
2020 $22,845 $2,120,000 $2,024,627 $95,373
2019 $17,624 $1,626,395 $1,523,280 $103,115
2018 $17,274 $1,594,505 $1,493,411 $101,094
2017 $16,968 $1,563,241 $1,464,129 $99,112
2016 $16,590 $1,532,590 $1,435,421 $97,169
2015 $16,430 $1,509,570 $1,413,860 $95,710
2014 $16,041 $1,480,000 $1,386,164 $93,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13182030

California Regional Multiple Listing Service (CRMLS)

APN: 459-203-07