Seller's Agent in 2022
Martha Segovia
West Shores Realty, Inc.
(310) 926-5453
1 in this area
4 Total Sales
1051 Broad Ave Wilmington, CA 90744
Estimated Value: $862,000 - $1,234,000
9
Beds
5
Baths
3,426
Sq Ft
$313/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- No HOA
- Cooling System Powered By Gas
- Property is near public transit
- Neighborhood Views
- Laundry Room
About This Home
As of August 2022Great investment opportunity! 1051 Broad Avenue is a two-story multi-unit property ideally located in Wilmington, California. Built in 1963, the 3,426 SF property lies on 10,012 SF of land and has ample parking for tenants. The property consists of 4 units. The unit mix consists of (3) 2 Bedroom/1 Bath units and (1) 3 Bedroom/1 Bath unit. Possibility of converting the existing free-standing enclosed garage into ADU apartment. Value add opportunity to increase rents. Property close to 110 freeway, schools and restaurants.
Last Agent to Sell the Property
West Shores Realty, Inc. License #02015665 Listed on: 04/07/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 10,012 Sq Ft Lot
- Two or More Common Walls
Parking
- 2 Car Garage
- 8 Open Parking Spaces
- Parking Available
- Driveway Level
Home Design
- Quadruplex
Interior Spaces
- 3,426 Sq Ft Home
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 5 Bathrooms
Additional Features
- Property is near public transit
- Cooling System Powered By Gas
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 14 / C
- Tax Tract Number 55
- Assessor Parcel Number 7423006012
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $240
- Insurance Expense $666
- Trash Expense $3,133
- Water Sewer Expense $2,400
- Operating Expense $6,439
- Gross Income $5,384
- Net Operating Income $1,055
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 3, 2022
Sold by
Kash Pacita I
Bought by
S & C Investment Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$844,800
Interest Rate
5.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 16, 2003
Sold by
Kash Pacita I
Bought by
Kash Pacita I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 17, 2002
Sold by
Victor Rodolfo
Bought by
Kash Pacita I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,720
Interest Rate
5.82%
Purchase Details
Closed on
Jun 12, 2002
Sold by
Collado Marcelino L and Collado Gloria I
Bought by
Kash Pacita I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,720
Interest Rate
5.82%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| S & C Investment Properties Llc | $1,056,000 | Ticor Title | |
| Kash Pacita I | -- | Orange Coast Title Co | |
| Kash Pacita I | -- | New Century Title Company | |
| Kash Pacita I | $280,000 | New Century Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | S & C Investment Properties Llc | $844,800 | |
| Previous Owner | Kash Pacita I | $287,000 | |
| Previous Owner | Kash Pacita I | $251,720 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/05/2022 08/05/22 | Sold | $1,056,000 | -11.9% | $308 / Sq Ft |
| 04/20/2022 04/20/22 | Pending | -- | -- | -- |
| 04/07/2022 04/07/22 | For Sale | $1,199,000 | -- | $350 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $13,590 | $1,098,662 | $728,280 | $370,382 |
| 2024 | $13,590 | $1,077,120 | $714,000 | $363,120 |
| 2023 | $13,333 | $1,056,000 | $700,000 | $356,000 |
| 2022 | $5,032 | $382,123 | $150,118 | $232,005 |
| 2021 | $4,954 | $374,631 | $147,175 | $227,456 |
| 2019 | $4,815 | $363,520 | $142,810 | $220,710 |
| 2018 | $4,756 | $356,393 | $140,010 | $216,383 |
| 2016 | $4,521 | $342,556 | $134,574 | $207,982 |
| 2015 | $4,460 | $337,411 | $132,553 | $204,858 |
| 2014 | $4,502 | $330,803 | $129,957 | $200,846 |
Source: Public Records
Agents Affiliated with this Home
-
Martha Segovia
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22070001
APN: 7423-006-012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 1020 Broad Ave
- 1137 N Banning Blvd
- 1056 N Fries Ave
- 1138 N Banning Blvd
- 1046 N Banning Blvd
- 1262 N Lagoon Ave
- 1341 N Fries Ave
- 1057 N Neptune Ave
- 1127 Mcfarland Ave
- 823 Lagoon Ave
- 1447 N Avalon Blvd
- 1060 Mcfarland Ave
- 703 W L St
- 1207 Bay View Ave
- 1068 McDonald Ave
- 1405 Lagoon Ave
- 703 W Anaheim St
- 815 W G St
- 1049 Sanford Ave
- 1526 Lakme Ave
- 1051 Broad Ave Unit 4
- 1047 Broad Ave
- 1059 Broad Ave
- 1041 Broad Ave
- 1103 Broad Ave
- 127 E Denni St
- 121 E Denni St
- 1107 Broad Ave
- 1027 Broad Ave
- 1111 Broad Ave
- 1048 Broad Ave
- 1108 Broad Ave
- 1111 Broad Ave
- 1044 Broad Ave
- 1023 Broad Ave Unit 104
- 1023 Broad Ave Unit 203
- 1023 Broad Ave Unit 205
- 1023 Broad Ave
- 1048 N Avalon Blvd
- 1038 Broad Ave
Your Personal Tour Guide
Ask me questions while you tour the home.