NOT LISTED FOR SALE

Estimated Value: $1,004,000 - $1,276,000

2 Beds
2 Baths
1,364 Sq Ft
$805/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $905,000 $663 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,696/month

15 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Up Slope from Street
  • Woodrow Wilson High School Rated A
  • Neighborhood Views
  • 5-minute walk to Rose Park

About This Home

As of August 2023

Spanish Duplex, in historic Rose Park. Set above the street, it looks like a cute Spanish Castle. Plenty of parking on the double red-stained driveway with double garage. The entrance has the original arched front door for the upper unit, and French doors for the bottom unit. Plenty of curb appeal with wrought iron accents behind a brick border planter. Notice the drought resistant landscaping. The lower 1-Bedroom home, is easy to view. Original built-ins, plus over-sized space off liming room that been used for a home office or a huge walk-in close. Completely repainted with new flooring throughout. Off the kitchen is a washer/dryer exiting to a private back courtyard, and more outside storage. The upstairs 1-Bedroom home is tenant-occupied (do not disturb). This upstairs home also boast a large bonus space that is being used as a home office. It also offers a back enclosed porch and the double garage with a built-in storage room. Ceiling fans in both units. The location is carries a high walkability score, close to all that Retro-Row has to offer, Ralph's and just a bike-ride to the beach. Always easy to rent, but could also be easily transformed to a single-family home. Plenty of Options on Orizaba!

Last Agent to Sell the Property

Jules Ayora

Seven Gables Real Estate License #01274567 Listed on: 07/07/2023

Seven Gables Real Estate

Last Buyer's Agent

Carole Sturim

Coldwell Banker Realty License #01084597

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 2,170 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Rectangular Lot
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Up Slope from Street

Home Design

  • Duplex
  • Entry on the 1st floor
  • Rolled or Hot Mop Roof

Interior Spaces

  • 1,364 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Neighborhood Views
  • Gas Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Accessible Home Design

  • Doors swing in

Utilities

  • Cooling Available
  • Space Heater
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 1 / F
  • Assessor Parcel Number 7258029002
  • $383 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Eastside Subdivision

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $988
  • Maintenance Expense $480
  • Water Sewer Expense $480
  • Operating Expense $2,548
  • Gross Income $45,152
  • Net Operating Income $45,152

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Seller-owned appliances
  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • View: Yes
  • Water Sewer Expenses: 480.00
  • Zoning: LBR3S
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7258029002
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 663.49

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Refrigerator
  • Heating Type: Natural Gas, Space Heater
  • Laundry Features: Gas Dryer Hookup, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Up Slope from Street, Yard
  • Lot Size Sq Ft: 2170.00
  • Lot Size Acres: 0.0498

Multi Family

  • Gross Income: 45152.00
  • Gross Scheduled Income: 47700.00
  • Insurance Expense: 988.00
  • Lot Size Area: 2170.0000 Square Feet
  • Maintenance Expense: 480.00
  • Net Operating Income: 45152.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2548.00
  • Rent Control: Yes
  • Total Expenses: 2548.00

Tax Info

  • Tax Block: F
  • Tax Census Tract: 5768.02
  • Tax Lot: 1
  • Tax Tract Number: Unk
  • TaxOtherAnnualAssessmentAmount: 383.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Jul 26, 2023
Sold by
Lynda Mary Ann Montgomery Trust
Bought by
Robinson Robert Kenneth and Massey Justin Solomon
Seller's Agent
Jules Ayora
Seven Gables Real Estate
Buyer's Agent
Carole Sturim
Coldwell Banker Realty
List Price
$895,000
Sold Price
$905,000
Premium/Discount to List
$10,000
1.12%
Views
168
Current Estimated Value
$1,097,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,717
Avg. Annual Appreciation
8.56%
Original Mortgage
$615,000
Outstanding Balance
$600,908
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$496,809

Purchase Details

Closed on
May 24, 2016
Sold by
Montgomery Lynda Mary Ann
Bought by
Montgomery Lynda Mary Ann and Lynda Mary Ann Montgomery Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2005
Sold by
Montgomery Lynda Mary Ann and Lynda Mary Ann Montgomery Trus
Bought by
Montgomery Lynda Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2004
Sold by
Montgomery Lynda Mary Ann
Bought by
Montgomery Linda Mary Ann and Linda Mary Ann Montgomery Trust

Purchase Details

Closed on
Jul 17, 2000
Sold by
Nix Jerome R
Bought by
Montgomery Lynda Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.16%
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 Buyer Sale Price Title Company
Robinson Robert Kenneth $905,000 Fidelity National Title
Montgomery Lynda Mary Ann -- Accommodation
Montgomery Lynda Mary Ann -- Wfg National Title
Montgomery Lynda Mary Ann -- --
Montgomery Linda Mary Ann -- --
Montgomery Lynda Mary Ann $175,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Robert Kenneth $615,000
Previous Owner Montgomery Lynda Mary Ann $280,000
Previous Owner Montgomery Lynda Mary Ann $330,000
Previous Owner Montgomery Lynda Mary Ann $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $905,000 +1.1% $663 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $895,000 -- $656 / 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 $11,543 $923,100 $510,000 $413,100
2024 $11,543 $905,000 $500,000 $405,000
2023 $3,549 $253,437 $94,130 $159,307
2022 $3,337 $248,469 $92,285 $156,184
2021 $3,263 $243,598 $90,476 $153,122
2019 $3,217 $236,375 $87,794 $148,581
2018 $3,108 $231,741 $86,073 $145,668
2016 $2,859 $222,744 $82,732 $140,012
2015 $2,748 $219,399 $81,490 $137,909
2014 $2,737 $215,102 $79,894 $135,208
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23122002

California Regional Multiple Listing Service (CRMLS)

APN: 7258-029-002