NOT LISTED FOR SALE
4 Beds
4 Baths
1,800 Sq Ft
5,364 Sq Ft Lot

Last Sold August 29, 2018

Last sale price $885,000 $492 Per Sq Ft

6 Days on Market

Highlights

  • Bonus Room
  • Lawn
  • Laundry Room
  • Horace Ensign Intermediate School Rated A
  • No HOA
  • 3-minute walk to Lions Park

About This Home

As of August 2018

Side-by-side income units, 2 levels, 2 bedrooms & 1.5 bathrooms each. Private yards, additional large common entertaining area behind backyards. Great income and a great price! Property has approximately 7 car parking, along with carport and a one car garage. The other garage is used as a hang out studio. Bike to the beach, walk to Triangle Square. This is a standard sale via auction. Opening bid is $799,000 plus buyer paid premium of 5%. Call to discuss.

Last Agent to Sell the Property

Regan Beegle

Times Real Estate CA License #01736778 Listed on: 07/31/2018

Co-Listed By

George Hanold

Times Real Estate CA License #01446306

Last Buyer's Agent

George Hanold

Times Real Estate CA License #01446306

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,364 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Lawn
  • Front Yard

Parking

  • 1 Car Garage
  • 6 Open Parking Spaces
  • 1 Detached Carport Space
  • Parking Available
  • Driveway

Home Design

  • Property Attached

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Bonus Room
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Additional Features

  • Outdoor Storage
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 505
  • Tax Tract Number 517
  • Assessor Parcel Number 42426108

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,249
  • Water Sewer Expense $722
  • Operating Expense $11,362
  • Gross Income $23,400
  • Net Operating Income $40,238

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 721.75
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 42426108
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 491.67
  • Room Type: All Bedrooms Up, Bonus Room

Exterior Features

  • Other Structures: Storage
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Detached Carport, Driveway, Garage
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 5364.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 23400.00
  • Gross Operating Income: 23400.00
  • Gross Scheduled Income: 51600.00
  • Insurance Expense: 1249.00
  • Net Operating Income: 40238.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 11362.80
  • Rent Control: No
  • Total Expenses: 11362.00

Tax Info

  • Tax Census Tract: 636.05
  • Tax Lot: 505
  • Tax Tract Number: 517

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
08/29/2018 08/29/18 Sold $885,000 +10.8% $492 / Sq Ft
07/31/2018 07/31/18 For Sale $799,000 -- $444 / 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 $13,919 $987,231 $927,616 $59,615
2024 $13,919 $967,874 $909,427 $58,447
2023 $13,545 $948,897 $891,596 $57,301
2022 $13,225 $930,292 $874,114 $56,178
2021 $12,905 $912,051 $856,974 $55,077
2020 $12,773 $902,700 $848,187 $54,513
2019 $10,290 $885,000 $831,555 $53,445
2018 $9,989 $859,074 $779,306 $79,768
2017 $8,517 $718,246 $640,976 $77,270
2016 $8,339 $704,163 $628,408 $75,755
2015 $8,260 $693,586 $618,968 $74,618
2014 $8,076 $680,000 $606,843 $73,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18184425

California Regional Multiple Listing Service (CRMLS)

APN: 424-261-08