NOT LISTED FOR SALE
-- Bed
-- Bath
7,548 Sq Ft
8,895 Sq Ft Lot

Last Sold September 18, 2015

Last sale price $1,226,650 $163 Per Sq Ft

15 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Shed
  • Baywood Elementary School Rated A-
  • Storage
  • Radiant Heating System

About This Home

As of September 2015

Marketing Remarks: Attractive & Well-maintained 8-unit Apartment Complex in highly desirable Baywood Park with several long-term tenants. There are seven one-bedroom/one bath units @ 825 sqft.,and one two-bedroom/2 bath unit @ 1,400 sqft. Each unit is entirely electric and individually metered. Gross Annual Income (based on current rent roll/zero vacancy factor: $93,840.00. Four upstairs units have bay views & skylights. Complex has ample off street/covered parking, and coin- operated common laundry room (2 washers & 2 dryers) and comes with its own separate electric and gas meter (for dryers). Building was re-roofed 10/14. All showings are by appointment only mid mornings/early afternoons. PLEASE DO NOT DISTURB TENANTS! The perfect coastal income property . . . Hurry!

Last Agent to Sell the Property

Paul Pickering

Bay Osos Brokers License #00997005 Listed on: 06/19/2015

Last Buyer's Agent

David Gray

Mid-State Realty License #00663517

Property Details

Home Type

  • Multi-Family

Lot Details

  • 8,895 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 7,548 Sq Ft Home
  • Storage

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • Parking Available
  • Covered Parking
  • On-Street Parking
  • On-Site Parking

Outdoor Features

  • Exterior Lighting
  • Shed

Utilities

  • Radiant Heating System
  • Cable TV Available

Community Details

  • 8 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 038112041

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Zoning: R,RMF
  • Property Type: Residential Income
  • Parcel Number: 038112041
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Storage
  • Levels: Two
  • Price Per Square Foot: 162.51

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s)
  • Roof: Flat

Garage/Parking

  • Parking: Yes
  • Parking Features: Covered, On Site, Street

Utilities

  • Utilities: Cable Available, Phone Connected
  • Laundry: Yes
  • Heating Type: Electric, Radiant
  • Laundry Features: Community, Washer Hookup

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Paved, Corner Lot
  • Lot Size Sq Ft: 8895.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Lot Size Area: 0.2000 Acres
  • Number Of Units Total: 8
  • Operating Expense: 32798.00

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

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $1,226,650 -5.6% $163 / Sq Ft
07/04/2015 07/04/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $1,300,000 -- $172 / 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: SC1056417

California Regional Multiple Listing Service (CRMLS)