NOT LISTED FOR SALE

1115 E O St Wilmington, CA 90744

Estimated Value: $688,000 - $800,000

4 Beds
2 Baths
1,470 Sq Ft
$503/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $675,000 $459 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,593/month

71 Days on Market

Highlights

  • Laundry Room
  • 1-Story Property
  • 1-minute walk to East Wilmington Vest Pocket Park
  • Back and Front Yard

About This Home

As of June 2023

Great Investment Opportunity in the City of Wilmington! This Duplex is a 2 Bedroom, 1 Bath, for Both Units. The Units are Detached, and each having their own separate Storage Areas and Laundry. The Home has a Very Spacious Driveway, Granting Easy In and Out Access, with an Awning to Protect from Sun and Rain Damage. The Property is Located Close to Schools, Parks, and in Close Proximity to Major Freeways. This is a Opportunity you don't want to Miss!

Last Agent to Sell the Property

Angelica Suarez

Estate Properties License #01078617 Listed on: 03/03/2023

Co-Listed By

Andre Suarez

Estate Properties License #02150057

Last Buyer's Agent

Sandra Guevara

Keller Williams Palos Verdes License #01305283

Keller Williams Palos Verdes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,020 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Home Design

  • Duplex

Interior Spaces

  • 1,470 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Parking Available
  • Driveway

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 148
  • Tax Tract Number 294
  • Assessor Parcel Number 7426011035
  • $331 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • Operating Expense $1,000
  • Gross Income $3,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7426011035
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 459.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • 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: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5020.00
  • Lot Size Acres: 0.1152

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 3000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5020.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 1000.00

Tax Info

  • Tax Census Tract: 2941.20
  • Tax Lot: 148
  • Tax Tract Number: 294...
  • TaxOtherAnnualAssessmentAmount: 331.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
May 22, 2023
Sold by
Garcia Samuel D
Bought by
Cruz Omar Cordova and Cordova Mirella
Seller's Agent
Angelica Suarez
Estate Properties
Buyer's Agent
Sandra Guevara
Keller Williams Palos Verdes
List Price
$699,900
Sold Price
$675,000
Premium/Discount to List
-$24,900
-3.56%
Views
286
Current Estimated Value
$740,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,061
Avg. Annual Appreciation
3.69%
Original Mortgage
$662,774
Outstanding Balance
$644,345
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$95,716

Purchase Details

Listed on
May 30, 2018
Closed on
Jul 6, 2018
Sold by
Ante Alvaro
Bought by
Garcia Samuel D
Seller's Agent
Maritza Rodriguez
Estate Properties
Buyer's Agent
Angelica Suarez
Estate Properties
List Price
$490,000
Sold Price
$485,000
Premium/Discount to List
-$5,000
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$180,000
Interest Rate
4.5%
Mortgage Type
New Conventional

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

Listed on
Jul 1, 2016
Closed on
Jul 28, 2016
Sold by
Salinas Antonio and Vega Cruz Gabriela
Bought by
Ante Alvaro
Seller's Agent
Maria Sarmiento
Keller Williams Sierra Madre
Buyer's Agent
Mary Bailey
List Price
$399,000
Sold Price
$415,000
Premium/Discount to List
$16,000
4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$332,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2013
Sold by
Campos Carlos J
Bought by
Salinas Antonio and Vega Cruz Gabriela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,837
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Campos Carlos J

Purchase Details

Closed on
Dec 14, 2010
Sold by
Garcia Elizabeth
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 20, 2004
Sold by
Saavedra Arturo Garcia
Bought by
Garcia Elizabeth

Purchase Details

Closed on
Nov 22, 2002
Sold by
Saavedra Arturo Garcia and Garcia Ana
Bought by
Saavedra Arturo Garcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.75%

Purchase Details

Closed on
Jul 16, 1999
Sold by
Zuniga Jose Luis and Zuniga Irma
Bought by
Saavedra Arturo Garcia and Garcia Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,692
Interest Rate
7.64%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 27, 1995
Sold by
Garcia Jesus and Garcia Monica
Bought by
Zuniga Jose Luis and Zuniga Irma
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cruz Omar Cordova $675,000 Fidelity National Title
Garcia Samuel D $485,000 Fidelity National Title Comp
Tegel -- --
Ante Alvaro $415,000 Provident Title Company
Salinas Antonio $285,000 None Available
Campos Carlos J $180,000 Lsi Title Company Inc
Deutsche Bank National Trust Company $222,283 Stewart Title
Garcia Elizabeth -- --
Saavedra Arturo Garcia -- --
Saavedra Arturo Garcia $160,000 Southland Title
Zuniga Jose Luis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Omar Cordova $662,774
Previous Owner Garcia Samuel D $180,000
Previous Owner Tegel --
Previous Owner Ante Alvaro $332,000
Previous Owner Salinas Antonio $279,837
Previous Owner Saavedra Arturo Garcia $192,000
Previous Owner Saavedra Arturo Garcia $158,692
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2023 06/16/23 Sold $675,000 -3.5% $459 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
05/10/2023 05/10/23 Price Changed $699,500 -0.1% $476 / Sq Ft
03/03/2023 03/03/23 For Sale $699,900 +44.3% $476 / Sq Ft
08/16/2018 08/16/18 Sold $485,000 -1.0% $330 / Sq Ft View Prior Sale
06/24/2018 06/24/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $490,000 +18.1% $333 / Sq Ft
09/02/2016 09/02/16 Sold $415,000 +4.0% $286 / Sq Ft View Prior Sale
07/15/2016 07/15/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $399,000 +35.3% $275 / Sq Ft
06/30/2012 06/30/12 Sold $295,000 +3.9% $203 / Sq Ft View Prior Sale
06/27/2012 06/27/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $284,000 -- $196 / 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 $8,597 $702,270 $494,190 $208,080
2024 $8,597 $688,500 $484,500 $204,000
2023 $6,574 $520,016 $321,660 $198,356
2022 $6,273 $509,820 $315,353 $194,467
2021 $6,194 $499,824 $309,170 $190,654
2020 $6,254 $494,700 $306,000 $188,700
2019 $6,012 $485,000 $300,000 $185,000
2018 $5,286 $423,300 $255,000 $168,300
2016 $3,703 $301,125 $170,862 $130,263
2015 $3,579 $290,693 $168,296 $122,397
2014 $3,600 $285,000 $165,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23036066

California Regional Multiple Listing Service (CRMLS)

APN: 7426-011-035