$1,150,000
SOLD MAR 14, 2025
4 Beds
4 Baths
2,016 Sq Ft
5,125 Sq Ft Lot

Recently Sold

$570 Per Sq Ft

8% Below List Price

192 Days on Market

Highlights

  • 0.12 Acre Lot
  • Midcentury Modern Architecture
  • Granite Countertops
  • Woodrow Wilson High School Rated A
  • High Ceiling
  • No HOA

About This Home

As of March 2025

A garden-setting building with two undivided garages. Wide front doors at ground level. brick patio in front of each separate unit. community vegetable garden in the back. A laundry room is in the back, and the two extra storage rooms are rented separately. The building has been newly painted on all trim and doors. Flat roof. each unit has newly improved bathrooms with Travertine Marble flooring. Some have whirlpool tubs. Newer upgraded flooring in all units. Granite Countertops in each kitchen. Original solid wood cabinetry in kitchens. Semi-cathedral ceilings in each unit lend each space an airy spacious aspect. Crank Windows in most rooms. New windows in bathrooms. Garages in front of the building are for two cars only with no separating wall. Nice Plantings and all units open onto a sunny walkway "courtyard"—only seven blocks to the beach on Cherry Ave in the Rose Park Neighborhood. Cherry is a main avenue from the Ocean to Signal Hill and beyond.

Last Agent to Sell the Property

Robert Fox

Robert Fox, Broker Brokerage Phone: 808-256-1071 License #01249385 Listed on: 07/26/2024

Last Buyer's Agent

Caryl Sauers

Berkshire Hathaway HomeServices California Properties License #01768689

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 5,125 Sq Ft Lot
  • Lot Dimensions are 50x102.5
  • Two or More Common Walls
  • Redwood Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Parking Lot

Home Design

  • Midcentury Modern Architecture
  • Quadruplex
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Partial Copper Plumbing
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Laminate Flooring

Kitchen

  • Galley Kitchen
  • Electric Oven
  • Gas Range
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • Doors are 32 inches wide or more

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, parking fee, telephone
  • Legal Lot and Block 4 / F
  • Tax Tract Number 576
  • Assessor Parcel Number 7262025014
  • $771 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Alamitos Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • Electric Expense $600
  • Gardener Expense $1,200
  • Insurance Expense $1,441
  • Maintenance Expense $1,000
  • Professional Management Expense $6,000
  • Trash Expense $1,000
  • Water Sewer Expense $2,180
  • Operating Expense $73,140
  • Gross Income $2,400
  • Net Operating Income $73,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: washer and dryer, all appliances
  • Professional Management Expense: 6000.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Water Sewer Expenses: 2180.00
  • Zoning: LBR1N
  • Architectural Style: Mid Century Modern
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7262025014
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Partial, Granite Counters, High Ceilings, Unfurnished
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: 32 Inch Or More Wide Doors, Doors - Swing In, See Remarks
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 570.44
  • Room Type: All Bedrooms Down, Galley Kitchen, Kitchen, Laundry

Exterior Features

  • Foundation: Concrete Perimeter
  • Fence: Yes
  • Fencing: Redwood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage - Two Door, Garage Door Opener, Parking Space
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Gas & Electric Range, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Electric: 220 Volts in Laundry, Electricity - On Property, Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community, Dryer Included, Outside, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size: 50x102.5
  • Lot Size Sq Ft: 5125.00
  • Lot Size Acres: 0.1177

Rental Info

  • Garage Rental Rate: 100.00
  • Tenant Pays: Cable TV, Electricity, Parking Fee, Telephone

Multi Family

  • Average2 Bed Area: 430 Square Feet
  • Electric Expense: 600.00
  • Garage Income: 2400.00
  • Gross Income: 2400.00
  • Gross Operating Income: 80640.00
  • Gross Scheduled Income: 80640.00
  • Gross Spendable Income: 18837.00
  • Insurance Expense: 1441.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 45.00
  • Lot Size Area: 5125.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 73140.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 7500.00
  • Rent Control: Yes
  • Total Actual Rent: 80640.00
  • Total Expenses: 73140.00
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Area: 5500
  • Tax Block: F
  • Tax Census Tract: 5768.01
  • Tax Lot: 4
  • Tax Tract: 7262-025-014
  • Tax Tract Number: 576...
  • TaxOtherAnnualAssessmentAmount: 771.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Feb 5, 2025
Sold by
Kendall Alan
Bought by
Jvl Investment 528 Cherry/Ca Llc
Seller's Agent
Robert Fox
Robert Fox, Broker
Buyer's Agent
Caryl Sauers
Berkshire Hathaway HomeServices California Properties
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Views
35
Current Estimated Value
$1,215,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,809
Avg. Annual Appreciation
7.49%
Original Mortgage
$862,500
Outstanding Balance
$857,414
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$358,395

Purchase Details

Listed on
Oct 1, 2018
Closed on
Dec 12, 2018
Sold by
Kendall Zalda X
Bought by
Kendall Alan
Seller's Agent
Robert Fox
Robert Fox, Broker
Buyer's Agent
don kamlager
Don Kamlager
List Price
$1,200,000
Sold Price
$950,000
Premium/Discount to List
-$250,000
-20.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%
Original Mortgage
$712,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2018
Closed on
Dec 3, 2018
Sold by
Messina Andrea and Messina Valerie Jane
Bought by
Kendall Alan
Seller's Agent
Robert Fox
Robert Fox, Broker
Buyer's Agent
don kamlager
Don Kamlager
List Price
$1,200,000
Sold Price
$950,000
Premium/Discount to List
-$250,000
-20.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2003
Sold by
Messina Andrea
Bought by
Messina Andrea and Messina Valerie Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.93%

Purchase Details

Closed on
Oct 20, 1998
Sold by
Messina Andrea
Bought by
Messina Andrea and Messina Valerie Jane
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 Type Sale Price Title Company
Grant Deed $1,150,000 Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $950,000 Old Republic Title Company
Interfamily Deed Transfer -- American Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $862,500 New Conventional
Previous Owner $712,500 New Conventional
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2025 03/14/25 Sold $1,150,000 0.0% $570 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
08/26/2024 08/26/24 Price Changed $1,150,000 -8.0% $570 / Sq Ft
07/26/2024 07/26/24 For Sale $1,250,000 +31.6% $620 / Sq Ft
01/03/2019 01/03/19 Sold $950,000 0.0% $471 / Sq Ft View Prior Sale
11/29/2018 11/29/18 Pending -- -- --
11/12/2018 11/12/18 Price Changed $950,000 -13.6% $471 / Sq Ft
10/18/2018 10/18/18 Price Changed $1,100,000 -8.3% $546 / Sq Ft
10/01/2018 10/01/18 For Sale $1,200,000 -- $595 / 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 $13,687 $1,059,738 $669,309 $390,429
2024 $13,687 $1,038,960 $656,186 $382,774
2023 $13,454 $1,018,589 $643,320 $375,269
2022 $12,631 $998,617 $630,706 $367,911
2021 $12,380 $979,038 $618,340 $360,698
2019 $3,827 $258,320 $74,334 $183,986
2018 $3,651 $253,270 $72,877 $180,393
2016 $3,364 $242,727 $70,049 $172,678
2015 $3,240 $239,082 $68,997 $170,085
2014 $3,239 $234,400 $67,646 $166,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24143931

California Regional Multiple Listing Service (CRMLS)

APN: 7262-025-014