Lewin Harrison
AACE Financial Services
(323) 996-2907
17 Total Sales
2 in Wilmington
$730,000 Price Range
1051 Broad Ave Wilmington, CA 90744
Wilmington AreaEstimated Value: $1,030,000 - $1,181,000
9
Beds
5
Baths
3,426
Sq Ft
$320/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- No HOA
- Cooling System Powered By Gas
- Property is near public transit
- Neighborhood Views
- 2 Car Garage
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
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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
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 3, 2022
Sold by
Bought by
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
Bought by
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
Bought by
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
Bought by
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%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Wilmington, CA
-
Lewin Harrison
-
Kelly Schmit
Kelly Schmit
Fredericks Realty
(562) 502-8314
24 Total Sales
2 in Wilmington
$640,000 Price Range
-
Rudy Kusuma
Rudy Kusuma
LPT Realty, Inc
(916) 249-4078
153 Total Sales
1 in Wilmington
$724,000 Price
-
Jerusha Day
Jerusha Day
Coldwell Banker Envision
(818) 418-8890
24 Total Sales
2 in Wilmington
$68,000 Price Range
-
Gerry Nicks
Gerry Nicks
Responds QuicklyKeller Williams Realty
(424) 370-0766
165 Total Sales
2 in Wilmington
$595K - $615K Price Range
-
Raymond A. Rodriguez IV
Raymond A. Rodriguez IV
Equity Union
(747) 249-5579
40 Total Sales
5 in Wilmington
$1.2M - $1.8M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,056,000 | Ticor Title | ||
| -- | Orange Coast Title Co | ||
| -- | New Century Title Company | ||
| $280,000 | New Century Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $844,800 | ||
| Previous Owner | $415,000 | ||
| Previous Owner | $287,000 | ||
| Previous Owner | $251,720 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $13,821 | $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
Seller's Agent in 2022
Martha Segovia
West Shores Realty, Inc.
(310) 926-5453
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22070001
APN: 7423-006-012
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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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