NOT LISTED FOR SALE

580 Elm Ave Seaside, CA 93955

4 Beds
-- Bath
1,764 Sq Ft
1935 Built

Last Sold April 29, 2014

Last sale price $481,000 $273 Per Sq Ft

5 Days on Market

Highlights

  • Neighborhood Views
  • Level Lot
  • 1-Story Property
  • Monterey High School Rated A
  • Carpet

About This Home

As of April 2014

WANT FINANCIAL STABILITY? THEN INVEST IN THIS HANDSOME FOUR-PLEX, NEW ON THE MARKET, A NICE 3 BED 2 BATH HOME IN THE FRONT PLUS 3 STUDIOS IN THE BACK. DO NOT LET THIS GREAT OPPORTUNITY PASS YOU BY.

Last Agent to Sell the Property

Martin Morales

Century 21 Showcase Realtors License #01754042 Listed on: 03/18/2014

Century 21 Showcase Realtors

Last Buyer's Agent

Doris Leighton

Excellence Leighton RE License #01911692

Property Details

Home Type

  • Multi-Family

Year Built

  • 1935

Lot Details

  • Level Lot

Parking

  • No Garage

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1,764 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Neighborhood Views

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $42,150
  • The owner pays for water

Community Details

Overview

  • 4 Units
  • 1,764 Sq Ft Building

Building Details

  • Gardener Expense $450
  • Insurance Expense $1,346
  • Maintenance Expense $450
  • Operating Expense $7,245
  • Gross Income $40,885

Property Details

Home Type

Multi-Family

Year Built

1935

Lot Details

0

Listing Details

  • Zoning: R4
  • Subclass: Fourplex
  • Age: 79
  • Inspections Reports: Fault Zone, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 272.68
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 1764
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1935

Interior Features

  • Living Sq Ft: 1764
  • Stories: 1
  • Laundry: 220 Volt Outlet
  • Flooring: Carpet - Area, Carpet, Varies By Unit

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: No Garage, No Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Monterey Peninsula Unified
  • Middle School: Roger S. Fitch Middle
  • Middle School: 535

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3941.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3941.00
  • Lot Size Area Min Search: 3941.00
  • Maximum Lot Size: 3941.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 10.34

Multi Family

  • Expense Insurance: 1346
  • Expense Landscape: 450
  • Expense Maintenance: 450
  • Expenses Total: 7245
  • Expense Water Sewer: 3127
  • Income Annual Gross: 40885.00
  • Income Annual Rental: 42150
  • Income Gross Scheduled: 42150
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Utilities - Water, Insurance, Accounting/Legal, Maintenance - Repair
  • Owner Pays: Water
  • Tenant Expenses: Utilities - Gas, Utilities - Electric
  • Vacancy Amount: 1265
  • Vacancy Factor: 3

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2014 04/29/14 Sold $481,000 +10.3% $273 / Sq Ft
03/23/2014 03/23/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $436,000 -- $247 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Martin Morales

    Seller's Agent in 2014

    Martin Morales

    Century 21 Showcase Realtors

    (831) 402-7015

    2 in this area

    16 Total Sales

    Martin Morales
    Section Image
  • Doris Leighton

    Buyer's Agent in 2014

    Doris Leighton

    Excellence Leighton RE

    (714) 325-8812

    14 Total Sales

    Doris Leighton
    Section Image
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Map

Source: MLSListings

MLS Number: ML81408632

MLSListings

APN: 011-313-005

California Monterey County Seaside 93955

580 Elm Ave, Seaside, CA

This home is located at 580 Elm Ave, Seaside, CA 93955 since 18 March 2014. This property was built in 1935. 580 Elm Ave is a home located in Monterey County with nearby schools including Del Rey Woods Elementary School, Monte Vista Elementary School, and Monterey High School.

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