$1,535,000
SOLD APR 1, 2022
4 Beds
4 Baths
3,296 Sq Ft
2,288 Sq Ft Lot

Recently Sold

$466 Per Sq Ft

4% Above List Price

22 Days on Market

About This Home

As of August 2025

We are pleased to announce our most recent listing in Alamitos Beach only 3 blocks from the water. Although this property has been fully renovated, there is operational upside in rents as current ownership has not kept up with the market. The property is comprised of two 1 bedroom units and two 2 bedroom units which were converted from 1 bedroom units in the years passed. Investors looking for a solid B+ location with minimal differed maintained, look no further.

Last Agent to Sell the Property

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 01/31/2022

Last Buyer's Agent

Jonathan Weir

Marcus & Millichap License #02038545

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,612

Year Built

  • Built in 1922

Home Design

  • 3,296 Sq Ft Home

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 2,288 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7265-001-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,612

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3296
  • Lot Acreage: 0.0525
  • Year Built: 1922
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Equipment: Microwave, Refrigerator, Dishwasher
  • Price Per S Q F T: 447.51

Exterior Features

  • Other Structures: None

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 55.75
  • Assessed Improvement Value: 688996
  • Assessed Land Percent: 44.25
  • Assessed Land Value: 546822
  • Total Assessed Value: 1235818
  • Assessor Parcel Number: 7265-001-024
  • Lot Size Area: 2288

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 17.07
  • Number Of Units: 4
  • Total Annual Expense: 32890
  • Type Of Units: 1 & 2 bed
  • Vacancy Rate: NONE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
Aug 19, 2025
Sold by
Arias Mickel M
Bought by
Couston George Mandros and Ireland Lauren Jenne
Seller's Agent
Craig Miller
Wilshire Advisory Group, Inc
Buyer's Agent
Craig Miller
Wilshire Advisory Group, Inc
List Price
$1,625,000
Sold Price
$1,595,000
Premium/Discount to List
-$30,000
-1.85%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.12%
Original Mortgage
$1,196,250
Outstanding Balance
$1,196,250
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$383,682

Purchase Details

Listed on
Jan 31, 2022
Closed on
Mar 3, 2022
Sold by
Tanaka and Akiko
Bought by
Arias Mickel M
Seller's Agent
Jonathan Weir
Marcus & Millichap
Buyer's Agent
Jonathan Weir
Marcus & Millichap
List Price
$1,475,000
Sold Price
$1,535,000
Premium/Discount to List
$60,000
4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.14%
Original Mortgage
$1,151,250
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2016
Sold by
Aoyama Zaisan Networks Usa Inc
Bought by
Tanaka Yasuo and Tanaka Akiko

Purchase Details

Listed on
Jun 24, 2015
Closed on
Jul 20, 2015
Sold by
Aitken Robert F
Bought by
Aoyarna Zaisan Networks Usa Inc
Seller's Agent
Andrei Soumzine
First Team Real Estate
Buyer's Agent
John Chelius
Property Works RE, Inc.
List Price
$780,000
Sold Price
$780,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%

Purchase Details

Closed on
Aug 26, 1998
Sold by
P M Aitken Trust Aitken Robert And Patricia T
Bought by
Aitken Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.88%
Mortgage Type
Seller Take Back
Source: Public Records

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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 Type Sale Price Title Company
Grant Deed $1,595,000 Lawyers Title Company
Grant Deed $1,535,000 Stewart Title Of California In
Grant Deed $1,130,500 Old Republic Title Company
Grant Deed $780,000 North American Title Company
Individual Deed $200,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,196,250 New Conventional
Previous Owner $1,151,250 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $230,000 New Conventional
Previous Owner $200,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $1,595,000 -1.8% $484 / Sq Ft
07/21/2025 07/21/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $1,625,000 +5.9% $493 / Sq Ft
04/01/2022 04/01/22 Sold $1,535,000 +4.1% $466 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $1,475,000 +89.1% $448 / Sq Ft
08/04/2015 08/04/15 Sold $780,000 0.0% $237 / Sq Ft
07/03/2015 07/03/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $780,000 -- $237 / Sq Ft
Source: The MLS

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 $20,612 $1,628,954 $1,061,208 $567,746
2024 $20,612 $1,597,014 $1,040,400 $556,614
2023 $20,266 $1,565,700 $1,020,000 $545,700
2022 $15,798 $1,260,533 $557,758 $702,775
2021 $15,432 $1,235,818 $546,822 $688,996
2019 $15,217 $1,199,685 $530,604 $669,081
2018 $14,841 $1,176,172 $520,200 $655,972
2016 $9,603 $780,000 $500,000 $280,000
2015 $1,536 $85,224 $15,072 $70,152
2014 $1,549 $83,555 $14,777 $68,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-122563

The MLS

APN: 7265-001-024