5
Baths
5,100 Sq. Ft.
$647 / Sq. Ft.
5,100
Sq. Ft.
$647
per Sq. Ft.

Description

An exquisite five-unit apartment building on a double lot that offers a rare blend of luxurious coastal living, charming outdoor spaces, and a top tier prime location. Thoughtfully designed, the four units in the main building feature spacious 2 bedroom, 1 bathroom residences that are extensively renovated including hardwood floors, new kitchen cabinetry, quartz countertops and contemporary designed bathrooms, tankless water heaters, in-unit laundry, new electrical and plumbing, and dual pane windows....An exquisite five-unit apartment building on a double lot that offers a rare blend of luxurious coastal living, charming outdoor spaces, and a top tier prime location. Thoughtfully designed, the four units in the main building feature spacious 2 bedroom, 1 bathroom residences that are extensively renovated including hardwood floors, new kitchen cabinetry, quartz countertops and contemporary designed bathrooms, tankless water heaters, in-unit laundry, new electrical and plumbing, and dual pane windows. The fifth unit is in original interior condition and located in a separate building on the top floor over four single car garages, featuring 2 bedrooms plus an office, 1 bathroom with a walk-in closet, and a galley kitchen. Outdoor living is embraced in this property with multiple beautiful patios that invite residents to bask in the warm California sun or unwind amidst the gentle ocean breeze. Extensive building renovations include exterior concrete hardscape, a newer roof on the main building, exterior paint, and landscaping. With its beautifully remodeled units, ample outdoor spaces, and beach-close location, this marquee property promises an exceptional living experience and true pride of ownership.
  1. Listed by Shana Klisanin • DRE #01196063 • Brokerage DRE #00396996 • Baytown Realty • 310-867-0142

Property Details for 124 3rd Street

View
Ocean, Peek-A-Boo
Parking Spaces Total
5
Private Pool
No
Cooling Type
None
Total Units
5.0
Building Type
Attached
Lot Size Source
Estimated
Living Area
5100
LISTING UPDATED: 02/28/2024 09:45 AM

Property Details for 124 3rd Street

StatusClosed
MLS #PW23094820
Days on Market205
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1960
CountyOrange County

Location

Listing Courtesy of Baytown Realty, Shana Klisanin, DRE #01196063

Sold By Baytown Realty, Shana Klisanin, DRE #01196063

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Building Information for 124 3rd Street

Building/Complex124 3rd StFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1960Building Size-

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$19,321 per month

30 year fixed, 6.11% Interest

Principal and Interest

$16,015

Property Taxes

$3,306

HOA Dues

$0

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Property Information for 124 3rd Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $168,306
  • Gross Scheduled Income: $168,306
  • Net Operating Income: $0
  • Financing: Exchange
Expense Details
  • Operating Expense: $0
  • Gardener Expense: $1,480
  • Fuel Expense: $0
  • Insurance Expense: $4,050
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $3,914
  • Total Expenses: $9,444
Tax / Assessment Info
  • Tax Block: 3
  • Tax Tract Number: 115
  • Tax Census Tract: 995.11
  • CFD/Mello-Roos Fee: $2,292
  • Tax Lot: 24
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks, Suburban
  • Community: Old Town (OLDT)
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Oven, Refrigerator, Tankless Water Heater
  • Equipment: Dishwasher, In Kitchen, Refrigerator
  • Interior Features: Quartz Counters, Recessed Lighting
  • Room Type: Galley Kitchen, Kitchen, Living Room, Main Floor Bedroom, Office, Walk-In Closet
  • Bedroom Features: Main Floor Bedroom, WalkInCloset
  • Water Heater Features: Tankless
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
  • Flooring Type: Wood
  • Flooring: Wood
Exterior Features
  • Window Features: Double Pane Windows
  • Roof: Flat
  • Entry Location: 1
  • Foundation Details: Raised
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled
  • View Description: Ocean, Peek-A-Boo
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Landscaped, Level
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Old Town
  • Builders Tract Code: Old Town (OLDT)
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,100
  • Unit Type Total Rent: $3,100
  • Unit Type Pro Forma: 3400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,753
  • Unit Type Total Rent: $2,753
  • Unit Type Pro Forma: 3400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,833
  • Unit Type Total Rent: $2,833
  • Unit Type Pro Forma: 3400
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,200
  • Unit Type Total Rent: $3,200
  • Unit Type Pro Forma: 3400
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,140
  • Unit Type Total Rent: $2,140
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Wall AC: 0

Property History for 124 3rd Street

DateEvent & SourcePriceAppreciation
Feb 28, 2024

Sold

CRMLS #PW23094820

$3,300,000—
Feb 28, 2024

Sold

SDMLS #PW23094820

$3,300,000—
Feb 28, 2024

Sold

CLAW #PW23094820MR

$3,300,000—
Feb 8, 2024

Sold (Public Record)

Public Record #1527945752

$3,300,000

+5.9% / yr

Dec 30, 2023

Pending

CLAW #PW23094820MR

—
Dec 30, 2023

Pending

SDMLS #PW23094820

—
Dec 30, 2023

Accepting Backup Offers

CLAW #PW23094820MR

—
Dec 30, 2023

Accepting Backup Offers

CRMLS #PW23094820

—
Dec 11, 2023

Price Change

CLAW #PW23094820MR

$3,495,000—
Dec 11, 2023

Price Change

CRMLS #PW23094820

$3,495,000—
Oct 10, 2023

Price Change

CLAW #PW23094820MR

$3,650,000—
Oct 10, 2023

Price Change

CRMLS #PW23094820

$3,650,000—
Jul 17, 2023

Price Change

CLAW #PW23094820MR

$3,795,000—
Jul 17, 2023

Price Change

CRMLS #PW23094820

$3,795,000—
Jun 8, 2023

Listed (Active)

CLAW #PW23094820MR

$4,095,000—
Jun 8, 2023

Listed (Active)

SDMLS #PW23094820

$4,095,000—
Jun 8, 2023

Listed (Active)

CRMLS #PW23094820

$4,095,000—
Dec 29, 2014

Sold

CLAW #PW14230006MR

$1,950,000—
Dec 29, 2014

Sold

CRMLS #PW14230006

$1,950,000—
Dec 16, 2014

Sold (Public Record)

Public Record #485406746

$1,950,000—
Dec 8, 2014

Pending

CRMLS #PW14230006

—
Dec 8, 2014

Pending

CLAW #PW14230006MR

—
Oct 28, 2014

Listed (Active)

CRMLS #PW14230006

$2,300,000—
Oct 28, 2014

Listed (Active)

CLAW #PW14230006MR

$2,300,000—
DateEvent & SourcePrice
02/28/2024

Sold

CRMLS #PW23094820

$3,300,000
02/28/2024

Sold

SDMLS #PW23094820

$3,300,000
02/28/2024

Sold

CLAW #PW23094820MR

$3,300,000
02/08/2024

Sold (Public Record)

Public Record #1527945752

$3,300,000

+5.9% / yr

12/30/2023

Pending

CLAW #PW23094820MR

—
12/30/2023

Pending

SDMLS #PW23094820

—
12/30/2023

Accepting Backup Offers

CLAW #PW23094820MR

—
12/30/2023

Accepting Backup Offers

CRMLS #PW23094820

—
12/11/2023

Price Change

CLAW #PW23094820MR

$3,495,000
12/11/2023

Price Change

CRMLS #PW23094820

$3,495,000
10/10/2023

Price Change

CLAW #PW23094820MR

$3,650,000
10/10/2023

Price Change

CRMLS #PW23094820

$3,650,000
07/17/2023

Price Change

CLAW #PW23094820MR

$3,795,000
07/17/2023

Price Change

CRMLS #PW23094820

$3,795,000
06/08/2023

Listed (Active)

CLAW #PW23094820MR

$4,095,000
06/08/2023

Listed (Active)

SDMLS #PW23094820

$4,095,000
06/08/2023

Listed (Active)

CRMLS #PW23094820

$4,095,000
12/29/2014

Sold

CLAW #PW14230006MR

$1,950,000
12/29/2014

Sold

CRMLS #PW14230006

$1,950,000
12/16/2014

Sold (Public Record)

Public Record #485406746

$1,950,000
12/08/2014

Pending

CRMLS #PW14230006

—
12/08/2014

Pending

CLAW #PW14230006MR

—
10/28/2014

Listed (Active)

CRMLS #PW14230006

$2,300,000
10/28/2014

Listed (Active)

CLAW #PW14230006MR

$2,300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 124 3rd Street

Taxable ValueLand$3,145,359Additions$220,641Total$3,366,000
Tax Record2025$39,673 ($3,306 / month)
Home Facts
Lot Size5,939 SqFtStyleMulti-Family Dwelling (2-4)Year Built1960CountyORANGEAPN199-147-01

Schools near 124 3rd Street

This home is within Los Alamitos Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Jack L. Weaver Elementary School
PublicK to 5

J. H. McGaugh Elementary School
PublicK to 5

Sharon Christa Mcauliffe Middle School
Public6 to 8

Los Alamitos High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baytown Realty, Shana Klisanin, DRE #01196063

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.