NOT LISTED FOR SALE
3 Beds
3 Baths
16,696 Sq Ft
17,990 Sq Ft Lot

Last Sold August 01, 2013

Last sale price $3,877,500 $232 Per Sq Ft

3 Days on Market

About This Home

As of August 2013

Property Id: 1540529

Apartment will be Move in ready October 19. Beautiful community near triangle square, shopping, dining and only 1.4 miles to the beach! This apartment features a stainless stove and range hood, quartz countertops, ceiling fans, dishwasher, heating, spacious closets and plenty of storage. Each apartment comes with 1 assigned carport parking. We have 3 laundry rooms on-site with convenient mobile pay available, we have a resident manager onsite if anything should arise! Our complex in NON - Smoking (inside or outside the complex) - Online applications - Online rent payments Application Requirements: -you must have good credit -verifiable income (income must be 2.5 times the amount of rent) -excellent landlord recommendations -adherence to occupancy limits -small/medium dogs and cats allowed with pet deposit -Deposit starts at $1,200 -Application fee $50 (per adult) **First month's rent and deposit due upon approval**

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 06/25/2013

Last Buyer's Agent

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 06/25/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.41 Acre Lot
  • 1 Common Wall
  • Density is 36-40 Units/Acre

Parking

  • 2 Car Garage
  • 20 Carport Spaces

Home Design

  • 16,696 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2672
  • Assessor Parcel Number 42419401

Community Details

Overview

  • 22 Units

Building Details

  • 18 Separate Electric Meters
  • 18 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $5,000
  • Insurance Expense $4,400
  • Maintenance Expense $12,000
  • Professional Management Expense $10,000
  • Trash Expense $5,000
  • Water Sewer Expense $5,000
  • New Taxes Expense $41,000
  • Gross Income $22,250
  • Net Operating Income $172,601

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.41 Acres

Parking

2

Listing Details

  • Professional Management Expense: 10000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 5000.00
  • Property Type: Residential Income
  • Parcel Number: 42419401
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 232.24

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 20.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 22.00

Utilities

  • Sewer: Conventional Septic
  • Trash Expense: 5000.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: 36-40 Units/Acre
  • Lot Size Sq Ft: 18000.00
  • Lot Size Acres: 0.4130

Multi Family

  • Electric Expense: 5000.00
  • Gross Income: 22250.00
  • Gross Scheduled Income: 267000.00
  • Insurance Expense: 4400.00
  • Lot Size Area: 18000.0000 Square Feet
  • Maintenance Expense: 12000.00
  • Net Operating Income: 172601.00
  • Number Of Separate Electric Meters: 18
  • Number Of Separate Gas Meters: 18
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 22
  • Operating Expense: 94399.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 41000.00
  • Tax Lot: 1
  • Tax Tract Number: 2672
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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 List to Sale Price per Sq Ft
10/08/2024 10/08/24 Off Market $2,650 -- --
10/01/2024 10/01/24 For Rent $2,650 0.0% --
09/30/2024 09/30/24 Price Changed $2,650 0.0% $3 / Sq Ft
09/30/2024 09/30/24 For Rent $2,650 -1.9% --
09/17/2024 09/17/24 Price Changed $2,700 0.0% $3 / Sq Ft
08/01/2013 08/01/13 Sold $3,877,500 -0.7% $232 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $3,905,000 -- $234 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $74,996 $6,371,842 $3,754,837 $2,617,005
2024 $74,996 $6,246,904 $3,681,212 $2,565,692
2023 $72,945 $6,124,416 $3,609,031 $2,515,385
2022 $70,768 $6,004,330 $3,538,266 $2,466,064
2021 $68,564 $5,886,599 $3,468,889 $2,417,710
2020 $67,909 $5,826,240 $3,433,320 $2,392,920
2019 $66,619 $5,712,000 $3,366,000 $2,346,000
2018 $49,525 $4,094,005 $2,908,899 $1,185,106
2017 $48,692 $4,013,731 $2,851,862 $1,161,869
2016 $47,648 $3,935,031 $2,795,943 $1,139,088
2015 $47,156 $3,875,924 $2,753,946 $1,121,978
2014 $46,064 $3,800,000 $2,700,000 $1,100,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13122388

California Regional Multiple Listing Service (CRMLS)
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