NOT LISTED FOR SALE

Estimated Value: $1,513,000 - $2,212,160

4 Beds
3 Baths
2,176 Sq Ft
$825/Sq Ft Est. Value

Last Sold July 09, 2014

Last sale price $1,175,000 $540 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $10,885/month

59 Days on Market

Highlights

  • Laundry Room
  • Lowell Elementary School Rated A-
  • Level Lot

About This Home

As of July 2014

Clean Triplex one block from Ocean Blvd. Custom built by current family/owners. 3 single car separate garages AND 3 carport parking spaces! Upper rear 2 bedroom owners unit has exposed beam ceilings, remodeled kitchen and bathroom. Kitchen has granite tiled counters, breakfast bar + tiled back splash. Built-in dishwasher, range/oven with hood-vent and stainless steel refrigerator. Large sunny living area with lots of windows and big front sundeck! New paint inside. Forced air heating and tankless water heater.
Upper 1 bedroom front has also been remodeled. Lower bedroom 1 bedroom has long term tenant.
Well cared for property only 2 blocks from 2nd street restaurants, shopping and bars. Also 1 block from Chuck's Coffee House and Olympic Park and Pool. Bike path, beaches, etc one block away. 1 mile south of Downtown LB and Bixby Park.
Fantastic location to say the least!
3 separate 1 car garages + 3 covered carport spaces = parking for 6 vehicles! Laundry room on ground level with coin operated machines.

Last Agent to Sell the Property

Ross Cohan

Beach City Brokers License #00785023 Listed on: 05/01/2014

Beach City Brokers

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 3,143 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 3 Car Garage
  • 3 Carport Spaces

Home Design

  • 2,176 Sq Ft Home
  • Property Attached
  • Rolled or Hot Mop Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7256036004

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: No
  • Water Sewer Expenses: 1.00
  • Property Type: Residential Income
  • Parcel Number: 7256036004
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 539.98

Exterior Features

  • Pool Private: No
  • Roof: Composition, Rolled/Hot Mop
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 3143.00
  • Lot Size Acres: 0.0720

Multi Family

  • Average1 Bed Area: 640
  • Average2 Bed Area: 896
  • Electric Expense: 1.00
  • Gross Income: 1.00
  • Gross Scheduled Income: 1.00
  • Insurance Expense: 1.00
  • Lot Size Area: 3143.0000 Square Feet
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 1.00
  • Other Income Description: could easily rent garages
  • Rent Control: No
  • Total Actual Rent: 2100.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Lot: 1
  • Tax Tract Number: 1
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2020
Sold by
Roybal Cano Robert D and Roybal Dianne S
Bought by
Aldr Belmont Properties Llc
Current Estimated Value
$1,794,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,500
Outstanding Balance
$560,034
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,234,506

Purchase Details

Closed on
Mar 8, 2017
Sold by
Aldr Belmont Properties Llc
Bought by
Roybal Cano Robert D and Roybal Dianne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2017
Sold by
Roybal Cano Robert D and Roybal Dianne S
Bought by
Aldr Belmont Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2016
Sold by
Roybal Cano Robert D and Roybal Dianne S
Bought by
Aldr Belmont Properties Llc

Purchase Details

Listed on
May 1, 2014
Closed on
Jun 20, 2014
Sold by
Connolly James M and Connolly Diane L
Bought by
Roybal Cano Robert D and Roybal Dianne S
Seller's Agent
Ross Cohan
Beach City Brokers
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,199,000
Sold Price
$1,175,000
Premium/Discount to List
-$24,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$500,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2011
Sold by
Connolly James M and Connolly Diane L
Bought by
Connolly James M and Connolly Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 1996
Sold by
Connolly James M and Connolly Diane L
Bought by
Connolly James M and Connolly Diane L

Purchase Details

Closed on
May 2, 1996
Sold by
Connolly James M and Connolly Diane L
Bought by
Connolly James M and Connolly Diane L

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
7.68%
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
Aldr Belmont Properties Llc -- North American Title Company
Roybal Cano Robert D -- North American Title Company
Roybal Cano Robert D -- North American Title Company
Aldr Belmont Properties Llc -- None Available
Aldr Belmont Properties Llc -- None Available
Roybal Cano Robert D -- None Available
Roybal Cano Robert D $1,175,000 Fidelity National Title Co
Connolly James M -- Accommodation
Connolly James M -- Lsi
Connolly James M -- Equity Title
Connolly James M -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roybal Cano Robert D $632,500
Previous Owner Roybal Cano Robert D $558,000
Previous Owner Roybal Cano Robert D $500,000
Previous Owner Connolly James M $132,500
Previous Owner Connolly James M $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2014 07/09/14 Sold $1,175,000 -2.0% $540 / Sq Ft
06/29/2014 06/29/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $1,199,000 -- $551 / 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 $17,795 $1,412,163 $1,081,661 $330,502
2024 $17,795 $1,384,474 $1,060,452 $324,022
2023 $17,497 $1,357,328 $1,039,659 $317,669
2022 $16,414 $1,330,715 $1,019,274 $311,441
2021 $16,096 $1,304,624 $999,289 $305,335
2020 $16,055 $1,291,248 $989,043 $302,205
2019 $15,866 $1,265,930 $969,650 $296,280
2018 $15,459 $1,241,109 $950,638 $290,471
2016 $14,225 $1,192,918 $913,725 $279,193
2015 $13,646 $1,175,000 $900,000 $275,000
2014 $4,899 $391,744 $217,639 $174,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14089876

California Regional Multiple Listing Service (CRMLS)

APN: 7256-036-004