NOT LISTED FOR SALE

Estimated Value: $1,623,000 - $2,052,000

3 Beds
2 Baths
1,600 Sq Ft
$1,144/Sq Ft Est. Value

Highlights

  • Ocean View
  • Property is near park
  • Mediterranean Architecture
  • Woodrow Wilson High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of June 2016

Exquisite Mediterranean Oceanfront Villa on the iconic Bluffs of Belmont Heights! This incredible lower unit is the owner's unit of this elegant, unique duplex. Literally steps to the beach and with astonishing views of Catalina, the Queen Mary and Palos Verdes, this dramatic Villa will delight you! Featuring three bedrooms and two magnificent baths, formal living and dining rooms, classic arches, 8-foot ceilings and Saltillo tile and wood flooring. The chef-inspired kitchen features travertine counters, stainless steel appliances, a Bosch dishwasher, a Viking stove and a built-in wine rack! The lovely, lush backyard has a gas-plumbed BBQ - it simply does not get better than this! ! Enjoy majestic sunsets and warm ocean breezes while living in a 1930's gem!

Last Agent to Rent the Property

Marna Brennan

Marna Brennan, Broker License #01262182 Listed on: 03/09/2016

Last Renter's Agent

Mary Holmes

Mary Holmes Realty License #01435915

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 3,456 Sq Ft Lot
  • 1 Common Wall

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Bluff

Home Design

  • Mediterranean Architecture
  • Apartment

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Property is near park

Utilities

  • Floor Furnace
  • Sewer Paid

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Security Deposit $3,600
  • Rent includes gardener, water
  • 12-Month Minimum Lease Term
  • Available 4/15/16
  • Assessor Parcel Number 7256001002

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2016-04-15
  • Credit Check Paid By: Tenant
  • Deposit Security: 3600
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 7256001002
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1600.00
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Recessed Lighting
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: One
  • Price Per Square Foot: 2.12
  • Room Type: Living Room

Exterior Features

  • View: Bluff, Catalina, Coastline, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Free-Standing Range, Disposal, Gas Cooktop, Refrigerator
  • Heating Type: Floor Furnace
  • Laundry Features: Community, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Bluff, Park Nearby
  • Lot Size Sq Ft: 3456.00
  • Price Per Lot Square Foot: 0.98
  • Lot Size Acres: 0.0790

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 3456.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Water

Tax Info

  • Tax Lot: .
  • Tax Tract Number: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2017
Sold by
Boschetti Russell L
Bought by
Boschetti Russell L and Stath Mitchell T
Current Estimated Value
$1,829,765

Purchase Details

Closed on
May 5, 2017
Sold by
Boschetti Russell
Bought by
Boschetti Russell and Stath Mitchell T

Purchase Details

Closed on
Jul 30, 2003
Sold by
Oliverio Vincent M and Oliverio Revocable T Vincent M
Bought by
Stath Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$320,203
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,509,562

Purchase Details

Closed on
Dec 19, 2001
Sold by
Oliverio Vincent M
Bought by
Oliverio Vincent M and The Vincent M Oliverio Revocable Trust

Purchase Details

Closed on
Apr 23, 2001
Sold by
Rizzo Anthony and Rizzo Teresa
Bought by
Oliverio Vincent M

Purchase Details

Closed on
Feb 16, 2001
Sold by
Oliverio Vincent M
Bought by
Oliverio Vincent M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Interest Rate
7.5%

Purchase Details

Closed on
Jun 22, 1999
Sold by
Farmers & Merchants Trust Company
Bought by
Oliverio Vincent M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.05%

Purchase Details

Closed on
Jul 10, 1995
Sold by
Zervas James J
Bought by
Zervas James J and James J Zervas Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Boschetti Russell L -- None Available
Boschetti Russell -- None Available
Boschetti Russell -- None Available
Stath Mitchell $1,120,000 Natc
Oliverio Vincent M -- --
Oliverio Vincent M -- --
Oliverio Vincent M -- Commonwealth Land Title Co
Oliverio Vincent M $535,000 Investors Title Company
Zervas James J -- --
Zervas Kosta J -- --
Zervas James J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stath Mitchell $840,000
Previous Owner Oliverio Vincent M $438,000
Previous Owner Oliverio Vincent M $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2016 05/10/16 Rented $3,400 0.0% --
04/05/2016 04/05/16 Price Changed $3,400 -5.6% $2 / Sq Ft
03/09/2016 03/09/16 For Rent $3,600 +7.5% --
01/07/2015 01/07/15 Rented $3,350 -4.1% --
12/08/2014 12/08/14 Under Contract -- -- --
07/03/2014 07/03/14 For Rent $3,495 -- --
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 $20,781 $1,592,390 $1,308,042 $284,348
2024 $19,894 $1,561,168 $1,282,395 $278,773
2023 $19,566 $1,530,557 $1,257,250 $273,307
2022 $18,351 $1,500,548 $1,232,599 $267,949
2021 $17,997 $1,471,127 $1,208,431 $262,696
2020 $17,950 $1,456,044 $1,196,041 $260,003
2019 $17,740 $1,427,495 $1,172,590 $254,905
2018 $17,300 $1,399,506 $1,149,599 $249,907
2016 $15,908 $1,345,162 $1,104,959 $240,203
2015 $15,256 $1,324,957 $1,088,362 $236,595
2014 $15,134 $1,299,004 $1,067,043 $231,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16049789

California Regional Multiple Listing Service (CRMLS)

APN: 7256-001-002