NOT LISTED FOR SALE

1059 W 253rd St Los Angeles, CA 90710

Harbor City Neighborhood

Estimated Value: $1,008,000 - $1,175,000

8 Beds
4 Baths
2,205 Sq Ft
$492/Sq Ft Est. Value

Last Sold September 10, 2019

Last sale price $799,000 $362 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,831/month

29 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Fireplace in Bathroom
  • Central Air

About This Home

As of September 2019

Perfect for INVESTORS!!! Gated multi-unit property. This is a 2205 square foot complex FOUR unit complex. Each unit has 2 bedrooms and 1 bathroom. There are 4 gas meter and 4 electric meters for the entire building. This property has 4 parking spaces in the rear of the property. Each unit is approximately 650 square feet.

Last Agent to Sell the Property

Sandy Ross

Coldwell Banker Realty License #01329002 Listed on: 06/12/2019

Coldwell Banker Realty

Last Buyer's Agent

Sandy Ross

Coldwell Banker Realty License #01329002 Listed on: 06/12/2019

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,037

Year Built

  • Built in 1946

Lot Details

  • 6,001 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre
  • Land Lease

Home Design

  • 2,205 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms
  • Fireplace in Bathroom

Utilities

  • Central Air
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 1589

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Water Sewer Expense $400
  • New Taxes Expense $3,536
  • Operating Expense $5,236
  • Gross Income $75,600
  • Net Operating Income $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,037

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 400.00
  • Property Type: Residential Income
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Bath
  • Price Per Square Foot: 362.36
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6001.00
  • Lot Size Acres: 0.1378

Multi Family

  • Gross Income: 75600.00
  • Gross Scheduled Income: 75600.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 6001.0000 Square Feet
  • Net Operating Income: 2500.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 1500.00
  • Rent Control: Yes
  • Total Expenses: 5236.00

Tax Info

  • New Taxes Expense: 3536.00
  • Tax Lot: 11
  • Tax Tract Number: 1589

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2021
Sold by
Almazan Efren D and Cabatan Alamazan Aileen
Bought by
Almazan Efren D and Cabatan Almazan Aileen
Current Estimated Value
$1,084,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,092
Outstanding Balance
$579,209
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$519,373

Purchase Details

Listed on
Jun 12, 2019
Closed on
Aug 7, 2019
Sold by
Williams Wanda S
Bought by
Almazan Efren and Cabatan Almazan Aileen
Seller's Agent
Sandy Ross
Coldwell Banker Realty
Buyer's Agent
Sandy Ross
Coldwell Banker Realty
List Price
$799,000
Sold Price
$799,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$592,500
Interest Rate
3.5%

Purchase Details

Closed on
Dec 28, 2009
Sold by
Williams Wanda S
Bought by
Williams Wanda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2005
Sold by
Williams Deborah A
Bought by
Williams Wanda S and Williams Deborah S

Purchase Details

Closed on
Jan 2, 2003
Sold by
Williams Deborah A
Bought by
Williams Wanda S and Williams Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 27, 2001
Sold by
Williams Deborah A
Bought by
Williams Wanda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,353
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2001
Sold by
Williams Deborah
Bought by
Williams Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,353
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2000
Sold by
Williams Deborah
Bought by
Williams Deborah and Williams Wanda S

Purchase Details

Closed on
Aug 4, 2000
Sold by
Novastar Mtg Inc
Bought by
Williams Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
8.07%

Purchase Details

Closed on
Feb 25, 2000
Sold by
Hassan Mohammad A
Bought by
Novastar Mtg Inc

Purchase Details

Closed on
Apr 27, 1997
Sold by
Niki Narlita Holdings Inc
Bought by
Hassan Mohammad A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.96%

Purchase Details

Closed on
Feb 25, 1997
Sold by
Yen Lamberto
Bought by
Niki Narlita Holdings Inc
Source: Public Records

Range of Values:

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Average Value
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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
Almazan Efren D -- None Available
Almazan Efren $790,000 Chicago Title Company
Williams Wanda S -- Ticor Title Redlands
Williams Wanda S -- --
Williams Wanda S -- --
Williams Wanda S -- --
Williams Deborah -- American Title
Williams Deborah -- --
Williams Deborah $165,000 Fidelity National Title Co
Novastar Mtg Inc $183,200 Benefit Land Title Company
Hassan Mohammad A $200,000 California Counties Title Co
Niki Narlita Holdings Inc $140,000 California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almazan Efren $636,092
Closed Almazan Efrem $626,000
Previous Owner Almazan Efren $592,500
Previous Owner Williams Wanda S $540,000
Previous Owner Williams Wanda S $399,000
Previous Owner Williams Wanda S $255,500
Previous Owner The Living Trust Of Wanda S Williams $100,000
Previous Owner Williams Deborah A $131,000
Previous Owner Williams Deborah $150,000
Previous Owner Williams Deborah A $152,000
Previous Owner Williams Deborah $142,353
Previous Owner Williams Deborah $98,000
Previous Owner Williams Deborah $123,750
Previous Owner Hassan Mohammad A $48,000
Previous Owner Hassan Mohammad A $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2019 09/10/19 Sold $799,000 0.0% $362 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $799,000 -- $362 / 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 $11,037 $863,977 $656,186 $207,791
2024 $11,037 $847,037 $643,320 $203,717
2023 $10,826 $830,429 $630,706 $199,723
2022 $10,339 $814,147 $618,340 $195,807
2021 $10,204 $798,184 $606,216 $191,968
2019 $7,820 $596,903 $385,062 $211,841
2018 $7,716 $585,200 $377,512 $207,688
2016 $7,365 $562,477 $362,853 $199,624
2015 $7,253 $554,029 $357,403 $196,626
2014 $7,286 $543,177 $350,402 $192,775
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sandy Ross

    Coldwell Banker Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19138469

California Regional Multiple Listing Service (CRMLS)

APN: 7413-014-013

California Los Angeles County Los Angeles 90710 Harbor City

1059 W 253rd St, Los Angeles, CA

This home is located at 1059 W 253rd St, Los Angeles, CA 90710 since 12 June 2019 and is currently estimated at $1,084,827, approximately $491 per square foot. This property was built in 1946. 1059 W 253rd St is a home located in Los Angeles County with nearby schools including Normont Elementary School, Alexander Fleming Middle School, and Nathaniel Narbonne 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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