NOT LISTED FOR SALE

1136 253rd St Harbor City, CA 90710

Estimated Value: $802,956 - $1,306,000

6 Beds
3 Baths
2,436 Sq Ft
$406/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $800,000 $328 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,057/month

53 Days on Market

About This Home

As of May 2022

Excellent investment opportunity with over 50% upside in rental income. Property is situated on a 7,000 Sq.Ft. lot and consists of Three 2-bedroom and 1-Bath. Property is well maintained. Back unit features updated flooring, countertops. This triplex offers plenty of outdoor patio space and garages making each unit feel like a home. Once stabilized, it has the potential to operate at a 7.21% CAP and 10.62 GRM.

Last Agent to Sell the Property

Prashant Sampat

Pacific Avenue Realty License #01916221 Listed on: 10/01/2021

Last Buyer's Agent

Prashant Sampat

Pacific Avenue Realty License #01916221 Listed on: 10/01/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 7,002 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • 2,436 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 6 / 32
  • Tax Tract Number 1589
  • Assessor Parcel Number 7413010008
  • $931 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $200
  • Water Sewer Expense $1,100
  • Operating Expense $7,400
  • Gross Income $450
  • Net Operating Income $47,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

7,002 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1100.00
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 7413010008
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 328.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7002.00
  • Lot Size Acres: 0.1607

Multi Family

  • Garage Income: 450.00
  • Gross Income: 450.00
  • Gross Scheduled Income: 54500.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7002.0000 Square Feet
  • Net Operating Income: 47100.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 7400.00
  • Rent Control: Yes
  • Total Expenses: 7400.00

Tax Info

  • Tax Block: 32
  • Tax Census Tract: 2944.21
  • Tax Lot: 6
  • Tax Tract Number: 1589
  • TaxOtherAnnualAssessmentAmount: 931.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2021
Sold by
Barua and Indira
Bought by
11122 Investment Llc
Current Estimated Value
$988,489

Purchase Details

Listed on
Aug 1, 2020
Closed on
Nov 13, 2020
Sold by
Hurtado Kristian Ivan
Bought by
Barun Ashutos and Barun Indira
Seller's Agent
Elnaz Raeisi
West Shores Realty, Inc.
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$785,000
Sold Price
$753,000
Premium/Discount to List
-$32,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%

Purchase Details

Listed on
Apr 14, 2018
Closed on
May 11, 2018
Sold by
Rodriguez Cleotilde
Bought by
Hurtado Kristian Ivan
Seller's Agent
Susie Park
Berkshire Hathaway HomeService
Buyer's Agent
Matteo Bommarito
Keller Williams Realty
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$595,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2006
Sold by
Rodriguez Cleotilde
Bought by
Rodriguez Cleotilde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.15%
Mortgage Type
Negative Amortization
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
11122 Investment Llc $800,000 Priority Title
Barun Ashutos $753,000 Fidelity National Title
Hurtado Kristian Ivan $640,000 Ticor Title Company
Rodriguez Cleotilde -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hurtado Kristian Ivan $595,200
Previous Owner Rodriguez Cleotilde $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2022 05/06/22 Sold $800,000 0.0% $328 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
10/19/2021 10/19/21 Off Market $800,000 -- --
10/01/2021 10/01/21 For Sale $975,000 +29.5% $400 / Sq Ft
11/17/2020 11/17/20 Sold $753,000 -4.1% $309 / Sq Ft View Prior Sale
08/05/2020 08/05/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $785,000 +22.7% $322 / Sq Ft
06/15/2018 06/15/18 Sold $640,000 -1.5% $263 / Sq Ft View Prior Sale
04/14/2018 04/14/18 For Sale $650,000 -- $267 / 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 $10,967 $848,965 $636,724 $212,241
2024 $10,967 $832,320 $624,240 $208,080
2023 $10,762 $816,000 $612,000 $204,000
2022 $9,913 $768,060 $448,800 $319,260
2021 $9,784 $753,000 $440,000 $313,000
2020 $8,922 $665,856 $416,160 $249,696
2019 $8,590 $652,800 $408,000 $244,800
2018 $3,646 $243,137 $54,431 $188,706
2016 $3,469 $233,697 $52,318 $181,379
2015 $3,419 $230,188 $51,533 $178,655
2014 $3,438 $225,680 $50,524 $175,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21198849

California Regional Multiple Listing Service (CRMLS)

APN: 7413-010-008

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