NOT LISTED FOR SALE

Estimated Value: $1,245,000 - $1,608,091

8 Beds
4 Baths
3,210 Sq Ft
$450/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $1,126,000 $351 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,821/month

130 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • No HOA
  • Woodrow Wilson High School Rated A
  • Victorian Architecture
  • 3-minute walk to Rose Park

About This Home

As of December 2021

Here’s your chance to own a charming Victorian multi-unit property in the sought-after Rose Park Historic District! The front home was built in 1905 and has classic Victorian features including bay windows, stained glass, gables, a steep pitched roof, and fish scale shingles. The front home is two stories and is currently being used as two units. The lower unit has two bedrooms and one bathroom with entry access from the front of the home and courtyard. The unit upstairs is a cozy 1 bedroom, 1 bathroom apartment with generous storage space, hidden nooks, and a balcony. Between the two properties you’ll find a grassy courtyard with laundry and alley access. At the rear of the lot is a newer structure with living space situated on top of 4 garages plus an open parking space and additional parking apron. Each of the garages also has an adjacent storage room. Originally constructed as one larger unit, the rear is currently being used as two units. One of the rear units is a 2 bedroom, 1 bathroom with a private balcony. The second unit has 1 bedroom and 1 bathroom with lots of closet space and storage. Known for its beautiful vintage homes and tree-lined streets, the Rose Park Historic District is situated close to shops, restaurants, parks and of course the beach.

Last Agent to Sell the Property

Shannon Jones

Keller Williams Pacific Estate License #01247705 Listed on: 07/15/2021

Keller Williams Pacific Estate

Last Buyer's Agent

Brad Jones

Keller Williams Pacific Estate License #01394310

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,142

Year Built

  • Built in 1905

Lot Details

  • 6,501 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • West Facing Home
  • Wood Fence
  • Back and Front Yard

Parking

  • 4 Car Garage
  • Carport
  • Parking Available

Home Design

  • Victorian Architecture
  • Quadruplex
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,210 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Screens
  • Neighborhood Views
  • Gas Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Floor Furnace
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, telephone
  • Legal Lot and Block 5 / 1
  • Tax Tract Number 5500
  • Assessor Parcel Number 7258012030

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Eastside Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,348
  • Gardener Expense $1,200
  • Insurance Expense $2,354
  • Maintenance Expense $3,000
  • Professional Management Expense $4,320
  • Water Sewer Expense $1,980
  • New Taxes Expense $5,416
  • Operating Expense $22,618
  • Gross Income $72,600
  • Net Operating Income $49,982

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,142

Year Built

Built in 1905

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 4320.00
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Eastside (ES)
  • View: Yes
  • Water Sewer Expenses: 1980.00
  • Well Report: No
  • Zoning: LBR2N
  • Architectural Style: Victorian
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7258012030
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 350.78
  • Room Type: Laundry
  • Window Features: Screens

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: Standard
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Community, In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Near Public Transit
  • Lot Size Sq Ft: 6501.00
  • Lot Size Acres: 0.1492

Rental Info

  • Tenant Pays: Cable TV, Telephone

Multi Family

  • Electric Expense: 4348.00
  • Gross Income: 72600.00
  • Gross Scheduled Income: 72600.00
  • Insurance Expense: 2354.00
  • Lot Size Area: 6501.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 49982.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 4
  • Operating Expense: 22618.00
  • Rent Control: No
  • Total Actual Rent: 72600.00
  • Total Expenses: 22618.00

Tax Info

  • New Taxes Expense: 5416.00
  • Tax Area: 5500
  • Tax Block: 1
  • Tax Census Tract: 576904
  • Tax Lot: 5
  • Tax Tract Number: 5500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 1996
Sold by
Nelson Thomas L and Nelson Heather L
Bought by
Nelson Thomas L and Nelson Heather S
Current Estimated Value
$1,444,273
Source: Public Records

Range of Values:

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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
Nelson Thomas L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $1,126,000 -2.1% $351 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/02/2021 11/02/21 Price Changed $1,150,000 0.0% $358 / Sq Ft
11/02/2021 11/02/21 For Sale $1,150,000 +2.1% $358 / Sq Ft
11/01/2021 11/01/21 Off Market $1,126,000 -- --
08/13/2021 08/13/21 Price Changed $1,175,000 -9.3% $366 / Sq Ft
07/15/2021 07/15/21 For Sale $1,295,000 -- $403 / 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 $15,142 $1,194,919 $742,845 $452,074
2024 $15,142 $1,171,490 $728,280 $443,210
2023 $14,893 $1,148,520 $714,000 $434,520
2022 $13,977 $1,126,000 $700,000 $426,000
2021 $5,462 $412,211 $137,598 $274,613
2020 $5,447 $407,986 $136,188 $271,798
2019 $5,385 $399,987 $133,518 $266,469
2018 $5,171 $392,145 $130,900 $261,245
2016 $4,740 $376,919 $125,818 $251,101
2015 $4,555 $371,259 $123,929 $247,330
2014 $4,530 $363,988 $121,502 $242,486
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21034904

California Regional Multiple Listing Service (CRMLS)

APN: 7258-012-030