NOT LISTED FOR SALE
11 Beds
5 Baths
5,832 Sq Ft
6,751 Sq Ft Lot

Sale Details

Date Sold: October 9, 2014

Last sale price $1,460,000 $250 Per Sq Ft

26 Days on Market

About This Home

As of October 2014

672 Euclid Avenue is situated between the major cross streets of 7th Street and Redondo Avenue, just
minutes from the beach.
The unit mix consists of one three-bedroom/one-bathroom, four two-bedroom/one-bathroom, totaling five units. The
property features a charming Spanish-style two-story building constructed in 1931, using wood framing and stucco.
Some notable features include five single-car garages, located behind the building and separate meters for gas and electric.
Landscaping is neat and well-kept and the building shows little to no deferred maintenance.
The quality asset is featured in a strong rental area, totaling to a substantial lot size of 6,743 square feet. This would
make a perfect addition to any investor’s portfolio.

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 07/23/2014

Last Buyer's Agent

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 07/23/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 6,751 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 5,832 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 7254025004

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $757
  • Insurance Expense $2,624
  • Maintenance Expense $4,818
  • Other Expense $1,250
  • Professional Management Expense $3,627
  • Trash Expense $1,685
  • New Taxes Expense $17,427
  • Gross Income $8,565
  • Net Operating Income $67,583

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

6,751 Sq Ft Lot

Parking

4

Listing Details

  • Professional Management Expense: 3627.00
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • Property Type: Residential Income
  • Parcel Number: 7254025004
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 250.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 1685.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6751.00
  • Lot Size Acres: 0.1550

Multi Family

  • Electric Expense: 757.00
  • Gross Income: 8565.00
  • Gross Scheduled Income: 102780.00
  • Insurance Expense: 2624.00
  • Lot Size Area: 6751.0000 Square Feet
  • Maintenance Expense: 4818.00
  • Net Operating Income: 67583.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 32188.00
  • Other Expense: 1250.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 17427.00
  • Tax Lot: 3
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/09/2014 10/09/14 Sold $1,460,000 -2.7% $250 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $1,500,000 -- $257 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $24,687 $1,840,133 $1,082,432 $757,701
2024 $23,582 $1,804,053 $1,061,208 $742,845
2023 $23,188 $1,768,680 $1,040,400 $728,280
2022 $21,766 $1,734,000 $1,020,000 $714,000
2021 $20,384 $1,621,069 $1,132,528 $488,541
2020 $20,330 $1,604,448 $1,120,916 $483,532
2019 $20,093 $1,572,989 $1,098,938 $474,051
2018 $19,552 $1,542,147 $1,077,391 $464,756
2016 $17,968 $1,482,265 $1,035,555 $446,710
2015 $17,245 $1,460,000 $1,020,000 $440,000
2014 $7,964 $625,636 $344,791 $280,845
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14156407

California Regional Multiple Listing Service (CRMLS)
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