130 Anderson St, Sunset Beach, CA 90742
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130 Anderson St Sunset Beach, CA 90742

$1,800,000
  • 4 Beds
  • 3 Baths
  • 2,000 Sq.Ft.
Back Up Offer
$1,800,000 Get Pre-Qualified

Map preview of 130 Anderson St, Sunset Beach, CA 90742

Property Overview: 130 Anderson St Sunset Beach, CA has 4 bedrooms, 3 bathrooms, 2,000 living square feet and 2,460 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: "Triplex at the Beach", located on the "waterside" of Coast Highway the property offers a short (195 feet) walk to the beach. The zoning allows for single-family or duplex dwelling units. Buyer may keep the property as a Triplex or redevelopment to an SFR or Duplex. The maximum height is up to three stories and 35 feet maximum. Seller believes total building square footage is greater than what's shown here, buyer to verify. The financials below are ProForma. Request the offering Memorandum from the agent for all the details.

Listed by John Gessford | BRE #01137479 | First Team Estates
Last checked: 45 seconds ago | Last updated: May 17th, 2022 | Source CRMLS | DOM: 22
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
2,460
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Multi Family
Status
Back Up Offer
MLS#
OC22086921
City
Sunset Beach
County
Orange
Time on Site
21 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $725
  • Total Rent: $725
  • Pro Forma/Market Rent: $2,525
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $3,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.02%
  • Gross Rent Multiplier: 18.29
  • Gross Scheduled Income: $98,400
  • Net Operating Income: $72,408
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $25,992
  • Electric: $2,340
  • Gas/Fuel: $840
  • New Taxes: $19,690
  • Trash: $300
  • Insurance: $2,522
  • Water/Sewer: $300

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Property Details for 130 Anderson St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Upper Level
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Private
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 17851104
  • Year Built Source: Estimated
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Water Available
Location / Neighborhood
Location Information
  • Directions: Anderson St. and Coast Highway
Neighborhood Information
  • Community Features: Biking, Watersports
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Sale History for 130 Anderson St

View property's historical transactions
  • May, 2022

  • May 17, 2022

    Date

    Back Up Offer

    CRMLS: OC22086921

    $1,800,000

    Price

  • Apr 29, 2022

    Date

    Active

    CRMLS: OC22086921

    $1,800,000

    Price

  • January, 2022

  • Jan 26, 2022

    Date

    Withdrawn

    CRMLS: OC21226330

    $1,999,000

    Price

  • Oct 12, 2021

    Date

    Active

    CRMLS: OC21226330

    $1,999,000

    Price

  • Listing provided courtesy of CRMLS

    Superior location one block from the beach! Fantastic investment opportunity! Bottom floor 2 units: 1 bed/1bath, Top Floor 1 Unit:2 bed/1bath

  • August, 2021

  • Aug 3, 2021

    Date

    Price Change

    CRMLS: OC21125526

    $1,999,000

    Price

  • Jun 22, 2021

    Date

    Active

    CRMLS: OC21125526

    $2,250,000

    Price

  • Jun 10, 2021

    Date

    Coming Soon

    CRMLS: OC21125526

    $2,250,000

    Price

  • Listing provided courtesy of CRMLS

    Superior location one block from the beach! Fantastic investment opportunity! Bottom floor 2 units: 1 bed/1bath, Top Floor 1 Unit:2 bed/1bath

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Tax History for 130 Anderson St

Assessed Value (2020): $334,299
Year Land Value Improved Value Assessed Value
2020 $266,678 $67,621 $334,299

Home Value Compared to the Market

This property vs the competition

130 Anderson St is listed 75% lower than the median list price for the city of Sunset Beach which has a median list price of $7,200,000. The median price per/sqft for Sunset Beach is $1,546 and this home is listed at $900 per/sqft which puts the price per square foot 41.79% lower than the median price per square foot for the city of Sunset Beach.

About 130 Anderson St

Detailed summary of property

130 Anderson St is a multi family located in Sunset Beach, CA 90742 and is currently in escrow to be sold. This multi family property offers 4 bedrooms, 3 bathrooms, roughly 2,000 living square feet, and sits on an approximately 2,460 square foot lot. 130 Anderson St was first listed on ArdentRealEstateGroup.com on April 29, 2022. The homeowner is currently asking $1,800,000. The median priced home in Sunset Beach is $7,200,000 with a median price per square foot of $1,546. Based on Ardent Real Estate Group's Sunset Beach Market Data, this home is listed 75% lower than the median priced home. Local competing homes currently for sale include 2041 E Bermuda St, 1535 E 1st St and 1976 Stanley Ave. While the average home in Sunset Beach, CA is selling in 61 days, 130 Anderson St has a days on market of 22 days. There are currently 4 homes for sale in the Sunset Beach real estate market and 3 of them are single family homes while 1 of them are condos and 0 are townhomes. For more information on this home for sale at 130 Anderson St Sunset Beach, CA 90742 contact Ardent Real Estate Group and we will put you in touch with one of our Sunset Beach agents.

Public Facts for 130 Anderson St

Public county record property details
Beds
2
Baths
1
Year built
1930
Sq. Ft.
1,150
Lot Size
2,460
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
6
APN
178-511-04

The source for these homes facts are from public records.

90742 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$7,200,000
Median List Price/Sq.Ft.
$1,546
Median Sold Price
$2,400,000
Median Sold Price/Sq.Ft.
$929
Total Inventory
4
Median Sale to List Price %
96.19%
Avg Days on Market
13
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.