NOT LISTED FOR SALE

Estimated Value: $1,358,000 - $1,906,000

3 Beds
3 Baths
1,642 Sq Ft
$1,018/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $1,295,000 $789 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,339/month

7 Days on Market

Highlights

  • Open Floorplan
  • Private Yard
  • Neighborhood Views
  • Lowell Elementary School Rated A-
  • No HOA
  • Crown Molding

About This Home

As of July 2018

Exquisite, Must See! Great Location! High income units with 2 houses on a lot and a converted garage for the 3rd gorgeous living space. All units are remodeled as they sit in an excellent area of Belmont Shore one half of a block from the Beach and adjacent to all the shops, restaurants, and nightlife in the heart of 2nd Street. The 2 bedroom front house features refinished original hardwood keeping some essence of its original charm and character yet still providing all the modern upgrades one would expect. All unit upgrades include new paint inside and out, remodeled kitchens featuring new modern shaker cabinets with quartz counter tops, and stainless steel appliances. Bathrooms are remodeled and appointed with gorgeous tile and modern vanities. Relax and enjoy the wood deck in front of the 2 bedroom unit. Then in the evening, move to the patio landing for the unit above the garage and unwind to watch the sunset. On top everything, the property provides ample parking in the front and rear.

Last Agent to Sell the Property

Bret Lewis

Bret Lewis, Broker License #01872524 Listed on: 06/12/2018

Last Buyer's Agent

Roger Arthur

Keller Williams South Bay License #01489317

Keller Williams South Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,121

Year Built

  • Built in 1924

Lot Details

  • 3,160 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Private Yard

Home Design

  • Triplex
  • Turnkey

Interior Spaces

  • 1,642 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 5 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Driveway

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 3750
  • Assessor Parcel Number 7256033014

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $84,000
  • Net Operating Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,121

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: Yes
  • Zoning: LBR2S
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7256033014
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Interior Amenities: Crown Molding, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 788.67

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Driveway
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 3160.00

Multi Family

  • Gross Income: 84000.00
  • Gross Scheduled Income: 84000.00
  • Net Operating Income: 84000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5773.00
  • Tax Lot: 15
  • Tax Tract Number: 3750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
Akashi Alan Y and Akashi Joyce H
Bought by
Akashi Alan Y and Akashi Joyce H
Current Estimated Value
$1,671,974

Purchase Details

Closed on
Feb 7, 2021
Sold by
Akashi Alan Y and Akashi Joyce H
Bought by
Akashi Alan Y and Akashi Joyce H

Purchase Details

Closed on
Nov 16, 2018
Sold by
Akashi Alan Y and Akashi Joyce H
Bought by
Ever Properties Llc

Purchase Details

Listed on
Jun 12, 2018
Closed on
Jun 20, 2018
Sold by
Avamax Llc
Bought by
Akashi Alan Y and Akashi Joyce H
Seller's Agent
Bret Lewis
Bret Lewis, Broker
Buyer's Agent
Roger Arthur
Keller Williams South Bay
List Price
$1,295,000
Sold Price
$1,295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%

Purchase Details

Closed on
Feb 17, 2016
Sold by
Elmoro Holdings Llc
Bought by
Avamax Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 23, 2015
Closed on
Jan 18, 2015
Sold by
Standrod Dennis and The Dennis Standrod Revocable
Bought by
Elmoro Holdings Llc
Seller's Agent
Stacey Ruhman
Premier Agent Network
Buyer's Agent
Janet Irwin
Compass
List Price
$879,000
Sold Price
$822,000
Premium/Discount to List
-$57,000
-6.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$622,500
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2013
Sold by
Standrod Dennis Wayne
Bought by
Standrod Dennis and Dennis Standrod Revocable Trus

Purchase Details

Closed on
Mar 14, 2011
Sold by
Ohara Suzanne R and The Suzanne R Ohara Revocable
Bought by
Standrod Dennis Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2006
Sold by
Ohara Suzanne R
Bought by
Ohara Suzanne R and Suzanne R Ohara Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,250
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 24, 2006
Sold by
Dalton Carl N and Dalton Victoria L
Bought by
Ohara Suzanne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,250
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 17, 1996
Sold by
Colbert Ronald G and Colbert Family Trust
Bought by
Dalton Carl N and Dalton Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 26, 1995
Sold by
Colbert Ronald G and Colbert Vonda D
Bought by
Colbert Ronald George and Colbert Vonda Darvel
Source: Public Records

Range of Values:

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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
Akashi Alan Y -- None Listed On Document
Akashi Alan Y -- None Available
Akashi Alan Y -- Nitti Thomas A
Ever Properties Llc -- None Available
Akashi Alan Y -- None Available
Akashi Alan Y $1,295,000 Ticor Title Company
Avamax Llc $1,050,000 Ticor Title Co
Elmoro Holdings Llc $822,000 Ticor Title Co
Standrod Dennis -- None Available
Standrod Dennis Wayne $605,000 Advantage Title
Ohara Suzanne R -- None Available
Ohara Suzanne R $895,000 Fidelity National Title Co
Dalton Carl N $280,000 --
Colbert Ronald George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avamax Llc $630,000
Previous Owner Elmoro Holdings Llc $622,500
Previous Owner Standrod Dennis Wayne $484,000
Previous Owner Ohara Suzanne R $671,250
Previous Owner Dalton Carl N $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2018 07/06/18 Sold $1,295,000 0.0% $789 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $1,295,000 +23.3% $789 / Sq Ft
07/20/2016 07/20/16 Sold $1,050,000 -4.5% $585 / Sq Ft
02/11/2016 02/11/16 For Sale $1,099,000 +33.7% $613 / Sq Ft
03/13/2015 03/13/15 Sold $822,000 -6.5% $458 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $879,000 -- $490 / 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 $18,121 $1,444,592 $1,115,517 $329,075
2024 $18,121 $1,416,268 $1,093,645 $322,623
2023 $18,987 $1,482,570 $962,370 $520,200
2022 $17,696 $1,453,500 $943,500 $510,000
2021 $16,288 $1,334,584 $1,030,567 $304,017
2020 $16,247 $1,321,180 $1,020,000 $301,180
2019 $16,055 $1,295,280 $1,000,000 $295,280
2018 $13,241 $1,071,280 $816,000 $255,280
2016 $9,935 $834,535 $631,485 $203,050
2015 $7,538 $644,931 $506,351 $138,580
2014 $7,484 $632,299 $496,433 $135,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18139542

California Regional Multiple Listing Service (CRMLS)

APN: 7256-033-014