NOT LISTED FOR SALE

1055 Bay View Ave Wilmington, CA 90744

Estimated Value: $584,000 - $995,000

3 Beds
2 Baths
990 Sq Ft
$772/Sq Ft Est. Value

Last Sold June 04, 2018

Last sale price $335,000 $338 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $4,452/month

3 Days on Market

Highlights

  • Fireplace in Bathroom
  • Laundry Room
  • 1-Story Property
  • No HOA

About This Home

As of June 2018

Great chance to own 2 homes on 1 LARGE lot. The front house is a 2 bed 1 bath house 690 sf, back house 1 bed 1 bath 300 sf.
Large parking area, Both units occupied with long time tenants

Last Agent to Sell the Property

Ken Osborn

eXp Realty of California Inc License #01892871 Listed on: 04/10/2018

eXp Realty of California Inc

Co-Listed By

Wendy Rich-Soto

Keller Williams Realty License #01311750

Last Buyer's Agent

Katiana Cadena

RE/MAX College Park Realty License #01356350

RE/MAX College Park Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,783

Year Built

  • Built in 1918

Lot Details

  • 8,646 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 990 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 11
  • Tax Tract Number 2
  • Assessor Parcel Number 7415026012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $14,600
  • Net Operating Income $14,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,783

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 7415026012
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Fireplace Features: Bath, Kitchen, Living Room, Gas
  • Levels: One
  • Price Per Square Foot: 338.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8646.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average1 Bed Area: 300 Square Feet
  • Average2 Bed Area: 690 Square Feet
  • Gross Income: 14600.00
  • Gross Scheduled Income: 15600.00
  • Net Operating Income: 14600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 1
  • Operating Expense: 1000.00
  • Rent Control: Yes
  • Total Actual Rent: 1300.00

Tax Info

  • Tax Census Tract: 2945.10
  • Tax Lot: 11
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
Apr 23, 2018
Sold by
Lau Alvin D S
Bought by
Padilla Lau Amparo
Seller's Agent
Ken Osborn
eXp Realty of California Inc
Buyer's Agent
Katiana Cadena
RE/MAX College Park Realty
List Price
$334,900
Sold Price
$335,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$764,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,339
Avg. Annual Appreciation
11.93%
Original Mortgage
$328,932
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 10, 2018
Closed on
Apr 19, 2018
Sold by
Padilla Lau Amparo and Amparo Padilla Lau Revocable T
Bought by
Diaz Luis and Diaz Marisa
Seller's Agent
Ken Osborn
eXp Realty of California Inc
Buyer's Agent
Katiana Cadena
RE/MAX College Park Realty
List Price
$334,900
Sold Price
$335,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,932
Interest Rate
5.5%
Mortgage Type
FHA

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
Sep 8, 2003
Sold by
Padilla Amparo C
Bought by
Padilla Lau Amparo and Amparo Padilla Lau Revocable T

Purchase Details

Closed on
Aug 1, 1997
Sold by
Trust Padilla Amparo C Tr Amparo C Padil
Bought by
Padilla Amparo C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.61%
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
Padilla Lau Amparo -- Lawyers Title
Diaz Luis $335,000 Lawyers Title
Tegel -- --
Padilla Lau Amparo -- --
Padilla Amparo C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Luis $328,932
Previous Owner Tegel --
Previous Owner Padilla Amparo C $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2018 06/04/18 Sold $335,000 0.0% $338 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $334,900 -- $338 / 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 $4,783 $381,168 $284,454 $96,714
2024 $4,783 $373,695 $278,877 $94,818
2023 $4,694 $366,368 $273,409 $92,959
2022 $4,484 $359,186 $268,049 $91,137
2021 $4,427 $352,144 $262,794 $89,350
2020 $4,467 $348,534 $260,100 $88,434
2019 $4,299 $341,700 $255,000 $86,700
2018 $2,203 $162,978 $81,489 $81,489
2016 $2,103 $156,652 $78,326 $78,326
2015 $2,075 $154,300 $77,150 $77,150
2014 $2,096 $151,278 $75,639 $75,639
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Ken Osborn

    eXp Realty of California Inc

    (562) 794-4745

    23 Total Sales

    Ken Osborn
    Section Image
  • Wendy Rich-Soto

    Seller Co-Listing Agent in 2018

    Wendy Rich-Soto

    Keller Williams Realty

    (310) 944-8062

    3 in this area

    102 Total Sales

    Wendy Rich-Soto
    Section Image
  • Katiana Cadena

    Buyer's Agent in 2018

    Katiana Cadena

    RE/MAX

    (562) 355-6317

    3 in this area

    64 Total Sales

    Katiana Cadena
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18081649

California Regional Multiple Listing Service (CRMLS)

APN: 7415-026-012

California Los Angeles County Wilmington 90744

1055 Bay View Ave, Wilmington, CA

This home is located at 1055 Bay View Ave, Wilmington, CA 90744 since 10 April 2018 and is currently estimated at $764,339, approximately $772 per square foot. This property was built in 1918. 1055 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.

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.

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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