NOT LISTED FOR SALE
8 Beds
7 Baths
3,680 Sq Ft
9,583 Sq Ft Lot

Last Sold April 12, 2024

Last sale price $1,810,000 $492 Per Sq Ft

26 Days on Market

Highlights

  • City Lights View
  • Corner Lot
  • Laundry Room
  • Marblehead Elementary School Rated A-
  • Granite Countertops
  • Ceiling Fan

About This Home

As of April 2024

Great investment opportunity close to some of the best beaches on the coast! Large property with 4 units encompassing 3,680 sq ft. One 3bdr/2ba unit, two 2bdr/2ba units and one 1bdr/1ba unit. Rare for this area is this property has 10 total parking spaces (4 garages and 6 uncovered parking spaces on the property)! Large corner lot with hills and glistening city lights views. Each unit has its own private outdoor space to enjoy a cool ocean breeze. Additional highlights include community laundry, new exterior pavers, granite countertops in the updated kitchens and more. This well-maintained building could be yours! Great location close to easy freeway access, shops, restaurants, and only minutes to many excellent beaches and the Dana Point Harbor!

Last Agent to Sell the Property

Jeremy Conrad

Conrad Realtors Inc Brokerage Phone: 949-697-0721 License #01279209 Listed on: 02/21/2024

Last Buyer's Agent

Ryan Zhou

GoGo Realtors R.H. Corp License #02010574

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 9,583 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 4 Car Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Parking Lot

Property Views

  • City Lights
  • Hills

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 3,680 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Granite Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 7592
  • Assessor Parcel Number 67511129
  • $36 per year additional tax assessments

Community Details

Building Details

  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $5,000
  • Trash Expense $1,200
  • Water Sewer Expense $2,500
  • New Taxes Expense $21,000
  • Operating Expense $30,300
  • Gross Income $134,400
  • Net Operating Income $104,100

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 474750
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 2500.00
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 67511129
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 491.85

Exterior Features

  • View: City Lights, Hills
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Parking Space, Uncovered
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 134400.00
  • Gross Scheduled Income: 134400.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 9583.0000 Square Feet
  • Net Operating Income: 104100.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 30300.00
  • Rent Control: No
  • Total Expenses: 30300.00

Tax Info

  • New Taxes Expense: 21000.00
  • Tax Census Tract: 422.05
  • Tax Lot: 37
  • Tax Tract Number: 7592
  • TaxOtherAnnualAssessmentAmount: 36.00

Range of Values:

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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
04/12/2024 04/12/24 Sold $1,810,000 -4.7% $492 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/12/2024 03/12/24 Price Changed $1,899,000 -9.5% $516 / Sq Ft
02/21/2024 02/21/24 For Sale $2,099,000 -- $570 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24033286

California Regional Multiple Listing Service (CRMLS)

APN: 675-111-29