NOT LISTED FOR SALE
8 Beds
4 Baths
3,168 Sq Ft
8,390 Sq Ft Lot

Last Sold June 04, 2014

Last sale price $660,000 $208 Per Sq Ft

52 Days on Market

Highlights

  • Fishing
  • No HOA
  • Laundry Room
  • Park or Greenbelt View
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Durley Park

About This Home

As of June 2014

THIS IS THE BEST RENTAL PROPERTY IN THE AREA! 4 UNITS: ALL UNITS ARE 2 BEDROOMS AND 1 BATH. EXCELLENT LOCATION, NEAR TO SHOPPING, COMMERCE, ENTERTAINMENT, AND THE BEACH! ONLY 4 MILES (9 MINUTES DRIVING DISTANCE) TO BEAUTIFUL "PORT HUENEME BEACH PARK" WHERE YOU WILL ENJOY THE SUN, THE RELAXING SANDY BEACH, THE GREEN PARK WITH BEAUTIFUL PALM TREES, AND FISHING PIER! EASY ACCESS TO THE 101 FWY AND 1 FWY (PACIFIC COAST HIGHWAY). LARGE YARD, PLENTY OF PARKING SPACE, AND EASY ACCESS FROM BOTH THE STREET AND ALLEY. THE BUILDING HAS BEEN FRESHLY PAINTED, STORAGE/GARAGE HAS BEEN RENOVATED WITH NEW PAINT, NEW ROOF, AND NEW LIGHT FIXTURES. SAFETY GATES LOCATED AT STREET SIDE AND ALLEY ACCESS. NEW BRIGHT AUTOMATIC LIGHT FIXTURE INSTALLED ON PARKING SIDE OF THE BUILDING FOR ADDED SAFETY, TURNS ON AT NIGHT TIME WITH STAIRS LIGHT. NEW LANDSCAPING AT FRONT OF THE BUILDING. SOME NEW DOUBLE PANE WINDOWS. NEW WOOD PANELS INSTALLED AT GUARDRAILS FOR ADDED CURB APPEAL AND SAFETY. THE MAIN BUILDING ROOF WAS RECENTLY INSTALLED IN 2006, THE GARAGE/STORAGE ROOF IS BRAND NEW. INDIVIDUAL LAUNDRY ROOM WITH NEW WATER HEATER, NEW PLUMBING, NEW DRYWALL IN ALL WALLS AND CEILING, AND READY FOR MACHINES TO BE INSTALLED. ALL UNITS ARE OCCUPIED, TOTAL MONTHLY RENT INCOME IS $5,050!

Last Agent to Sell the Property

Guillermo Palomarez

NATIONAL REALTY GROUP License #01394245 Listed on: 02/26/2014

NATIONAL REALTY GROUP

Last Buyer's Agent

Vahe Abakians

Flat Fee Inc. License #01215724

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 8,390 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls

Parking

  • 4 Car Garage

Interior Spaces

  • 3,168 Sq Ft Home
  • Park or Greenbelt Views
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, repairs
  • Tax Lot 4
  • Tax Tract Number 158700
  • Assessor Parcel Number 2030101245

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Fishing

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $240
  • Gardener Expense $600
  • Insurance Expense $1,000
  • Trash Expense $1,200
  • Water Sewer Expense $4,800
  • New Taxes Expense $5,209
  • Gross Income $5,050
  • Net Operating Income $47,311

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • View: Yes
  • Water Sewer Expenses: 4800.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 2030101245
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 208.33

Exterior Features

  • View: Park/Greenbelt
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 8390.00
  • Lot Size Acres: 0.1930

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Repairs

Multi Family

  • Electric Expense: 240.00
  • Gross Income: 5050.00
  • Gross Scheduled Income: 60600.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 8390.0000 Square Feet
  • Net Operating Income: 47311.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 13289.00
  • Rent Control: No
  • Total Actual Rent: 5050.00
  • Waterfront Features: Fishing in Community

Tax Info

  • New Taxes Expense: 5209.00
  • Tax Lot: 4
  • Tax Tract Number: 158700
  • Tax Year: 2013

Range of Values:

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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 Change Sq Ft Price
06/04/2014 06/04/14 Sold $660,000 -5.6% $208 / Sq Ft
04/19/2014 04/19/14 Pending -- -- --
02/26/2014 02/26/14 For Sale $698,900 +45.6% $221 / Sq Ft
10/07/2013 10/07/13 Sold $480,000 +74.5% $152 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $275,000 -- $87 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14041210

California Regional Multiple Listing Service (CRMLS)

APN: 203-0-101-245