NOT LISTED FOR SALE

1031 E Young St Wilmington, CA 90744

Estimated Value: $719,000 - $831,282

4 Beds
2 Baths
1,731 Sq Ft
$433/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $689,000 $398 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,019/month

Highlights

  • Property is near a park
  • 1-Story Property
  • 4-minute walk to Greenbelt Park
  • Front Yard

About This Home

As of July 2024

Welcome to this charming duplex located at 1031 E Young St in Wilmington, CA. This property offers a combined living space of 1,731 square feet, situated on a generous 5,395 square foot lot. Each unit provides comfortable living quarters, making it an ideal investment opportunity or a perfect choice for multi-generational living. The property boasts a prime location, conveniently close to local parks, ensuring ample recreational opportunities for residents. Families will appreciate the proximity to quality schools, making the daily commute for students a breeze. Additionally, the Port of Los Angeles is just a short drive away, providing easy access to major transportation hubs and a variety of employment opportunities. Don't miss out on this versatile and well-located property in the heart of Wilmington. Schedule a viewing today to experience all that 1031 E Young St has to offer!

Last Agent to Sell the Property

Angelica Suarez

Estate Properties Brokerage Phone: 310-261-7700 License #01078617 Listed on: 07/17/2024

Co-Listed By

Andre Suarez

Estate Properties Brokerage Phone: 310-261-7700 License #02150057

Last Buyer's Agent

Herb Diaz

PLF Real Estate Solutions License #01458024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 5,395 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard
  • Land Lease

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 4 Bedrooms
  • 1,731 Sq Ft Home
  • 1-Story Property

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Suburban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 170
  • Assessor Parcel Number 7425014034
  • $367 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7425014034
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 398.04

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Front Yard, Park Nearby
  • Lot Size Sq Ft: 5395.00
  • Lot Size Acres: 0.1239
  • Latitude Manual: 33.78674400

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Lot Size Area: 5395.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2946.20
  • Tax Lot: 170
  • Tax Tract Number: 00000
  • TaxOtherAnnualAssessmentAmount: 367.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Jul 12, 2024
Sold by
2015 J & B Guerrero Family Trust and Guerrero Family Trust
Bought by
Perez Cassandra Ltzel and Fookes Darren
Seller's Agent
Angelica Suarez
Estate Properties
Buyer's Agent
Herb Diaz
PLF Real Estate Solutions
List Price
$689,000
Sold Price
$689,000
Views
2
Current Estimated Value
$749,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,321
Avg. Annual Appreciation
6.00%
Original Mortgage
$676,520
Outstanding Balance
$667,837
Interest Rate
6.99%
Mortgage Type
FHA
Estimated Equity
$81,484

Purchase Details

Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%

Purchase Details

Closed on
Aug 21, 2015
Sold by
Guerrero Juan Rochin and Guerrero Juan R
Bought by
2015 J & B Guerrero Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perez Cassandra Ltzel $689,000 Fidelity National Title
Guerrero Juan -- Fidelity National Title
Tegel -- --
2015 J & B Guerrero Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Cassandra Ltzel $676,520
Previous Owner Tegel --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2024 07/19/24 Sold $689,000 0.0% $398 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $689,000 -- $398 / 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 $1,113 $689,000 $300,000 $389,000
2024 $1,113 $62,185 $20,639 $41,546
2023 $1,099 $60,967 $20,235 $40,732
2022 $1,058 $59,773 $19,839 $39,934
2021 $1,037 $58,601 $19,450 $39,151
2020 $1,041 $58,001 $19,251 $38,750
2019 $1,013 $56,865 $18,874 $37,991
2018 $909 $55,751 $18,504 $37,247
2016 $851 $53,588 $17,787 $35,801
2015 $841 $52,784 $17,520 $35,264
2014 $858 $51,751 $17,177 $34,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24147181

California Regional Multiple Listing Service (CRMLS)

APN: 7425-014-034