$1,512,000
SOLD AUG 8, 2025
8 Beds
6 Baths
5,125 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$295 Per Sq Ft

16% Below List Price

78 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Laundry Room
  • 6 Detached Carport Spaces
  • Ocean View Elementary School Rated A-

About This Home

As of August 2025

First time on the market in 50 years. Yes, 1975 was the last time this gorgeous, extremely well-maintained building, sold. Very rarely does a building like this come on the market in this neighborhood. This gem consists of 6, very spacious units. There are two, 2-bedrooms, 1 bath units, each with a fireplace and four 1-bedroom units. Each unit is separately metered for gas and electricity with main panels and sub-panels updated since original construction. There is common area laundry room with machines owned by the owner. Additionally, there are 6 assigned carport spaces. Less than a block from all major shopping and restaurants. All offers are subject to interior inspection with no loan or appraisal contingencies anticipated. This is a drive-by only. Please do not walk onto the property as the tenants are unaware of the sale. Elderly owner may not be providing a Property Information Sheet or CAR, CPSPQ.

Last Agent to Sell the Property

Lane Aronson

Berkshire Hathaway HomeServices California Properties License #00681193 Listed on: 05/15/2025

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Keiko Watanabe

Berkshire Hathaway Home Servic License #01962198

Berkshire Hathaway Home Servic

Last Buyer's Agent

Keiko Watanabe

Berkshire Hathaway Home Servic License #01962198

Berkshire Hathaway Home Servic

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955 | Remodeled

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 5,125 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 6 Parking Spaces
  • 6 Detached Carport Spaces

Additional Features

  • 9,762 Sq Ft Lot
  • Sewer in Street

Community Details

  • 6 Units
  • Laundry Facilities
  • Vacancy Allowance $2,700

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • The owner pays for gardener, water
  • Assessor Parcel Number 8143-001-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1955 | Remodeled

Lot Details

9,762 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Two
  • Living Area: 5125
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Laundry: Community, Outside, Room
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 330.73

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Carport Spaces: 6
  • Covered Parking: 6
  • Garage Structures: 1
  • Parking Garage: Carport, Carport Detached
  • Total Parking: 6

Utilities

  • Sewer: In Connected and Paid, In Street, In Street Paid
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: 8143-001-011
  • Lot Size Area: 9762

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Gardener, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 13.30
  • Number Of Units: 6
  • Type Of Units: Residential
  • Vacancy Allow: 2700
  • Vacancy Allow Percent: 2.00
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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
08/08/2025 08/08/25 Sold $1,512,000 -10.8% $295 / Sq Ft
08/01/2025 08/01/25 Pending -- -- --
06/23/2025 06/23/25 Price Changed $1,695,000 -5.6% $331 / Sq Ft
05/15/2025 05/15/25 For Sale $1,795,000 -- $350 / Sq Ft
Source: The MLS

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 $4,764 $204,252 $56,212 $148,040
2024 $4,764 $200,248 $55,110 $145,138
2023 $4,642 $196,323 $54,030 $142,293
2022 $4,492 $192,474 $52,971 $139,503
2021 $4,518 $188,701 $51,933 $136,768
2019 $4,274 $183,246 $50,394 $132,852
2018 $4,183 $179,656 $49,406 $130,250
2016 $4,044 $172,547 $47,489 $125,058
2015 $3,740 $169,956 $46,776 $123,180
2014 $3,684 $166,628 $45,860 $120,768
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 25539257

The MLS
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