NOT LISTED FOR SALE

1007 Bay View Ave Wilmington, CA 90744

Estimated Value: $716,000 - $886,000

2 Beds
2 Baths
1,056 Sq Ft
$749/Sq Ft Est. Value

Last Sold May 04, 2017

Last sale price $358,000 $339 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $4,716/month

17 Days on Market

About This Home

As of May 2017

Great opportunity to own two houses on a LARGE lot! Each unit has one bedroom and one bathroom, with a detached two car garage. Newer roof, stucco, and windows. Close to freeways and shopping. Long term tenants have taken great care of this property.

Last Agent to Sell the Property

Gene Levesque

Suncrest Realty License #01438214 Listed on: 03/10/2017

Last Buyer's Agent

GUS Alvarado

Realty Masters & Associates License #01495173

Realty Masters & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,085

Year Built

  • Built in 1949

Lot Details

  • 6,652 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,056 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Assessor Parcel Number 7415026002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $800
  • New Taxes Expense $2,000
  • Operating Expense $2,800
  • Gross Income $20,400
  • Net Operating Income $17,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,085

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 7415026002
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 339.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6652.00

Multi Family

  • Gross Income: 20400.00
  • Gross Scheduled Income: 20400.00
  • Insurance Expense: 800.00
  • Net Operating Income: 17600.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2800.00
  • Rent Control: Yes
  • Total Expenses: 2800.00

Tax Info

  • New Taxes Expense: 2000.00
  • Tax Census Tract: 2945.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2023
Sold by
Mendoza Eva C
Bought by
Eva C Mendoza Family Trust and Mendoza
Current Estimated Value
$790,634

Purchase Details

Listed on
Mar 10, 2017
Closed on
Apr 10, 2017
Sold by
Reddy Tara Jean
Bought by
Reddy Michael C
Seller's Agent
Gene Levesque
Suncrest Realty
Buyer's Agent
GUS Alvarado
Realty Masters & Associates
List Price
$375,000
Sold Price
$358,000
Premium/Discount to List
-$17,000
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$286,400
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2017
Closed on
Apr 4, 2017
Sold by
Reddy Michael C
Bought by
Menes Eva C
Seller's Agent
Gene Levesque
Suncrest Realty
Buyer's Agent
GUS Alvarado
Realty Masters & Associates
List Price
$375,000
Sold Price
$358,000
Premium/Discount to List
-$17,000
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2005
Sold by
Reddy Michael C B and Reddy Walter B
Bought by
Reddy Michael C

Purchase Details

Closed on
Jan 4, 1996
Sold by
Reddy Virginia J
Bought by
Reddy Walter B and Reddy Virginia J
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eva C Mendoza Family Trust -- None Listed On Document
Reddy Michael C -- Lawyers Title
Menes Eva C $358,000 Lawyers Title
Reddy Michael C -- --
Reddy Walter B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Menes Eva C $286,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2017 05/04/17 Sold $358,000 -4.5% $339 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $375,000 -- $355 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,085 $486,461 $290,145 $196,316
2024 $6,085 $476,923 $284,456 $192,467
2023 $5,971 $467,573 $278,879 $188,694
2022 $5,700 $458,406 $273,411 $184,995
2021 $5,627 $449,418 $268,050 $181,368
2020 $5,680 $444,811 $265,302 $179,509
2019 $5,463 $436,090 $260,100 $175,990
2018 $4,592 $365,160 $255,000 $110,160
2016 $1,924 $144,204 $68,494 $75,710
2015 $1,898 $142,039 $67,466 $74,573
2014 $1,919 $139,258 $66,145 $73,113
Source: Public Records

Agents Affiliated with this Home

  • Gene Levesque

    Seller's Agent in 2017

    Gene Levesque

    Suncrest Realty

    (714) 458-2447

    45 Total Sales

    Gene Levesque
    Section Image

  • G

    Buyer's Agent in 2017

    GUS Alvarado

    Realty Masters & Associates

    (310) 594-7973

    14 Total Sales

    GUS Alvarado
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17050052

California Regional Multiple Listing Service (CRMLS)

APN: 7415-026-002

California Los Angeles County Wilmington 90744

1007 Bay View Ave, Wilmington, CA

This home is located at 1007 Bay View Ave, Wilmington, CA 90744 since 10 March 2017 and is currently estimated at $790,634, approximately $748 per square foot. This property was built in 1949. 1007 Bay View Ave is a home located in Los Angeles County with nearby schools including Fries Avenue Elementary School, Wilmington Middle School STEAM Magnet, and Phineas Banning Senior High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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