Mel Macklin
HomeSmart, Evergreen Realty
(747) 307-7003
49 Total Sales
1 in Belmont Shore
$985,000 Price
The Toledo Apartments is a charming 2-story, balcony style walk up multifamily property consisting of 8 studio/1 bath units comprised of 4 different floor plans. Current owners have infused approximately $90,000 in recent building improvements including renovated interiors with new hardwood laminate floors, stainless steel kitchen appliances, new trims and baseboards, resurfaced cabinets and upgraded vanity tile flooring, mirror, and light fixtures in the bathrooms. Additionally, some major systems have been replaced including a new roof and partial copper plumbing. The building offers 1.5 parking spaces with abundance of street parking. Given the high rental demand in this sub-market combined with the affluent local demographics, the rental rates in this building remain competitive with 8% upside to realize in rents. With easy management and low operating cost this represents an excellent turn-key opportunity for an Investor in a well located beach neighborhood.
Last Agent to Sell the Property
Sperry Van Ness License #01249675 Listed on: 12/08/2015
Last Buyer's Agent
Kevin Mello
License #01736426
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Mel Macklin
HomeSmart, Evergreen Realty
(747) 307-7003
49 Total Sales
1 in Belmont Shore
$985,000 Price
Richard Gaylord
Re/Max R. E. Specialists
(424) 300-8259
25 Total Sales
6 in Belmont Shore
$1.3M - $2.9M Price Range
Heidi Bailey
Keller Williams Coastal Prop.
(949) 356-7766
36 Total Sales
2 in Belmont Shore
$1,525,000 Price Range
Allison Van Wig
Keller Williams Coastal Prop.
(562) 582-8861
237 Total Sales
1 in Belmont Shore
$1,297,000 Price
Erika Alvarez
RE/MAX Select One
(657) 325-5556
41 Total Sales
1 in Belmont Shore
$1,370,000 Price
Joshua Glaz
The Ave
(657) 325-8448
255 Total Sales
1 in Belmont Shore
$2,450,000 Price
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,826,000 | Commonwealth Land Title | ||
| -- | None Listed On Document | ||
| $2,500,000 | California Title Company | ||
| $1,985,000 | Lawyers Title | ||
| $1,500,000 | Chicago Title Company | ||
| -- | None Available |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $900,000 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $1,100,000 | ||
| Previous Owner | $450,000 | ||
| Previous Owner | $750,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/10/2016 03/10/16 | Sold | $1,985,000 | -0.5% | $586 / Sq Ft |
| 02/01/2016 02/01/16 | Pending | -- | -- | -- |
| 12/08/2015 12/08/15 | For Sale | $1,995,000 | -- | $589 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $35,092 | $2,653,020 | $1,724,463 | $928,557 |
| 2024 | $33,596 | $2,601,000 | $1,690,650 | $910,350 |
| 2023 | $33,024 | $2,550,000 | $1,657,500 | $892,500 |
| 2022 | $27,579 | $2,214,302 | $1,227,069 | $987,233 |
| 2021 | $27,036 | $2,170,885 | $1,203,009 | $967,876 |
| 2019 | $26,648 | $2,106,497 | $1,167,328 | $939,169 |
| 2018 | $26,013 | $2,065,194 | $1,144,440 | $920,754 |
| 2016 | $18,610 | $1,522,875 | $1,015,250 | $507,625 |
| 2015 | $2,416 | $127,039 | $67,294 | $59,745 |
| 2014 | $2,447 | $124,551 | $65,976 | $58,575 |
D
Seller's Agent in 2016
Daniel Baird
Sperry Van Ness
(310) 500-1239
8 Total Sales
K
Buyer's Agent in 2016
Kevin Mello
R
Buyer's Agent in 2016
Rae Rodgers
Source: The MLS
MLS Number: 15-964265
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