227 Beach Street
227 Beach Street
Sold 9/9/22
Sold 9/9/22
Description
- Listed by Daniel Pickart • DRE #01914551 • Brokerage DRE #00997737 • Newmark Residential
Property Details for 227 Beach Street
Location
Sold By RE/MAX Estate Properties, Victoria Babilonia, DRE #01294639
Property Details for 227 Beach Street
| Status | Sold |
|---|---|
| MLS # | 22-146845 |
| Days on Market | 113 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1924 |
| Lot Size | 0.26 AC / 11,290 SF |
| County | Los Angeles County |
Location
Sold By RE/MAX Estate Properties, Victoria Babilonia, DRE #01294639
Building Information for 227 Beach Street
Payment Calculator
$53,065 per month
30 year fixed, 7.25% Interest
$50,754
$2,311
$0
Property Information for 227 Beach Street
- Tax Mello Roos: No
- Number Of Units: 13
- Pets Allowed: Call
- Amenities: None
- Senior Community: No
- Year Built Source: Vendor Enhanced
- Number Of Stories: 1
- Number Of Buildings: 4
- Type Of Units: 13
- View: Yes
- View Description: Courtyard
- View: Courtyard
- Entry Floor Number: 1
- Security Features: Fire and Smoke Detection System, Fire Rated Drywall, Fire Sprinklers, Smoke Detector
- Direction Faces: West
- Property Condition: Updated/Remodeled
- Water: Water District
- Sewer: In Connected and Paid
- Water Heaters: Yes
- ADA Compliance: No
- Additions Alterations: Yes
- Water Heater Features: Gas, Tankless
- Building Permit: Yes
- Probate: No
- Financing: Cash, Cash To New Loan
- Disclosures: Rent Control, Historical, Coastal Zone
- Listing Type: Exclusive Right To Sell
- Service Level: Full Service
- Scheduled Actual: Scheduled
- Gross Operating Income: $573,026
- Net Operating Income: $444,716.00
- Gross Income: $590,748
- Cap Rate: 4.20%
- Gross Rent Multiplier: $21.00
- Actual Annual Gross Rent: $15,348.00
- Actual Gross Annual Income: $15,348
- Actual Rent Total: $15,348.00
- Vacancy Allow Dollar: $18,460.00
- Vacancy Allow Percent: 3.00%
- Owner Pays: Water
- Total Annual Expense: 128310
- Additional Parcel Number: No
- Alley: No
- Lot Acreage: 0.2592
- Lot Size Square Feet: 11290
- Lot Features: Landscaped
- Lot Description: Sidewalks, Landscaped, Fenced
- Lot Location: Corner Lot
- Parking Garage: None
- Total Parking: 0
- Parking Features: None
- Room Type: Living Room
- Rooms: Breakfast Bar, Patio Open, Living Room, Pantry
- Levels: Ground Level
- Fireplace Features: None
- Fireplace Rooms: None
- Den: No
- Family Room: 0
- Dining Room: 0
- Cooling Type: Air Conditioning
- Heating: Central
- Heating Type: Central
- Flooring: Wood, Ceramic Tile
- Equipment: Built-Ins, Garbage Disposal, Dryer, Freezer, Ceiling Fan, Dishwasher, Refrigerator, Range/Oven, Hood Fan
- Interior Features: Plaster Walls, Drywall Walls, Open Floor Plan, Recessed Lighting, Built-Ins, Turnkey, Laundry - Closet Stacked
- Room Kitchen Features: Remodeled Kitchen, Kitchen Open to Family Room
- Kitchen Features: Remodeled, Open to Family Room, Gourmet Kitchen, Quartz Counters
- Room Bathroom Features: Shower, Tile Counters, Remodeled, Low Flow Toilet(s)
- Bathroom Features: Shower Stall, Tile, Remodeled, Low Flow Toilet(s)
- Bedroom Features: Master Bedroom
- Common Walls: Attached
- Cooking Appliances: Cooktop - Gas, Oven-Electric
- Laundry: In Unit
- Laundry Equipment: Own
- Disability Access: None
- TV Services: Cable TV
- Pool: No
- Private Pool: No
- Pool Description: None
- Pool Features: None
- Spa: No
- Spa: None
- Tennis: No
- Tennis Court: None
- Roof: Flat, Rolled/Hot Mop
- Sprinklers: Sprinkler System
- Patio Features: Patio Open, Deck(s)
- Entry Location: Ground Level w/steps
- Windows: Custom Window Covering, Screens, Double Pane Windows
- New Construction: No
- Construction Materials: Stucco
- Exterior Construction: Stucco
- Foundation Details: Raised
- Other Structural Features: Historical, Full Copper Plumbing, Sprinkler System
- Other Structures: None
- Entry Date: 04-20-2022
- Listing Terms: Cash, Cash To New Loan
- Rent Control: Yes
- Rent Control: 100
- Tenant Pays: Gas, Electricity, Cable TV
- Unit Beds: 1
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $4,500.00
- Unit Actual Rent: $.00
- Unit Projected Rent: $4,500.00
- Like Units: 1
- Unit Beds: 1
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $3,950.00
- Unit Actual Rent: $.00
- Unit Projected Rent: $3,950.00
- Like Units: 10
- Unit Beds: 1
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $639.53
- Unit Actual Rent: $1,279.00
- Unit Projected Rent: $4,500.00
- Like Units: 2
- Unit Type Type: 2106, 2107, 2108
- Number of Dishwasher: 13
- Number of Disposal: 13
- Number of Drapes: 13
- Number of Electric Meters: 13
- Number of Gas Meters: 13
- Number Leased: 2
- Number Range: 13
- Number Refrigerator: 13
- Number Rented Garages: 0
- Assessed Improvement Value: $1,072,202.00
- Assessed Improvement Percent: 19.23
- Assessed Land Value: $4,503,248.00
- Assessed Land Percent: 80.77
- Assessed Total Value: $5,575,450.00
- Private Transfer Taxes: No
Property History for 227 Beach Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 227 Beach Street
Schools near 227 Beach Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 8 |
Rating | School | Distance |
|---|---|---|
John Muir Elementary School PublicK to 5 | ||
John Adams Middle School Public6 to 8 | ||
Santa Monica High School Public9 to 12 | ||
Santa Monica Alternative (K-8) School PublicK to 8 |
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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Listing Courtesy of Newmark Residential, Daniel Pickart, DRE #01914551
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.