NOT LISTED FOR SALE

116 W Maple Ave El Segundo, CA 90245

Estimated Value: $1,501,000 - $2,134,000

4 Beds
2 Baths
1,344 Sq Ft
$1,378/Sq Ft Est. Value

Last Sold June 16, 2015

Last sale price $1,085,000 $807 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $11,034/month

9 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Traditional Architecture
  • No HOA
  • Richmond Street Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Library Park

About This Home

As of June 2015

2 two bedroom one bath units totally refurbished, each with new kitchen with tile floors, new cabinets, counter tops and vaulted ceilings. Each unit has 2 single car garages in rear of bldg. nicely landscaped with barbecue and laundry area in back...must see!!

Last Agent to Sell the Property

Allyn Burke

Burke Properties License #00990905 Listed on: 04/08/2015

Last Buyer's Agent

Allyn Burke

Burke Properties License #00990905 Listed on: 04/08/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,442

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 45x150
  • 1 Common Wall
  • Block Wall Fence
  • Sprinkler System

Parking

  • 4 Car Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • Built-In Features
  • Blinds
  • French Doors

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Phone Not Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 1
  • Tax Tract Number 6968
  • Assessor Parcel Number 4132011007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $494
  • Water Sewer Expense $398
  • New Taxes Expense $10,042
  • Gross Income $4,000
  • Net Operating Income $46,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,442

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • CapRate: 3.85
  • Other Phone Number: 310-502-1861
  • Property Attached: Yes
  • Subdivision Name Other: OTHR
  • Water Sewer Expenses: 398.00
  • Zoning: R2
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 4132011007
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Features
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Door Features: French Doors
  • Levels: One
  • Room Type: All Bedrooms Down
  • Window Features: Blinds

Exterior Features

  • Foundation: Raised
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete, Garage Door Opener, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available, Phone Not Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Lot 6500-9999, Sprinkler System
  • Lot Size: 45X150
  • Lot Size Sq Ft: 6750.00
  • Price Per Lot Square Foot: 160.74
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 650
  • Gross Income: 4000.00
  • Gross Multiplier: 25.00
  • Gross Scheduled Income: 48000.00
  • Gross Spendable Income: 46200.00
  • Insurance Expense: 494.00
  • Lot Size Area: 6750.0000 Square Feet
  • Net Operating Income: 46200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 1800.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10042.00
  • Tax Lot: 1
  • Tax Tract Number: 6968

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2023
Sold by
Nieves Roger O and Nieves Michelle O
Bought by
2007 Nieves Family Revocable Trust
Current Estimated Value
$1,852,331

Purchase Details

Listed on
Apr 8, 2015
Closed on
Apr 21, 2015
Sold by
Ray G Alan and Ray Janice M
Bought by
Nieves Roger O and Nieves Michelle O
Seller's Agent
Allyn Burke
Burke Properties
Buyer's Agent
Allyn Burke
Burke Properties
List Price
$1,200,000
Sold Price
$1,085,000
Premium/Discount to List
-$115,000
-9.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 24, 2011
Sold by
Burke Claude Allyn and Burke Kathleen Sue
Bought by
Ray G Alan and Ray Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2005
Sold by
Ray George Alan and Ray Janice Marie
Bought by
Ray G Alan and Ray Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
4.73%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 7, 2005
Sold by
Crosby Scott B and Crosby Brian K
Bought by
Ray George Alan and Ray Janice Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
4.73%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 31, 2005
Sold by
Crosby Karissa
Bought by
Crosby Scott B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
4.73%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 22, 2003
Sold by
Crosby Scott B and Crosby Bryan K
Bought by
Crosby Scott B and Crosby Bryan K

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
Credit Line Revolving

Purchase Details

Closed on
Jul 30, 1999
Sold by
Strauss Jeffrey M
Bought by
Crosby Scott B and Crosby Bryan K

Purchase Details

Closed on
Mar 3, 1998
Sold by
Family Trust Potter Elmer And Lucille Trs Pot
Bought by
Strauss Jeffrey M and Crosby Scott B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.18%
Source: Public Records

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Range of Values:

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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
2007 Nieves Family Revocable Trust -- None Listed On Document
Nieves Roger O $1,085,000 Fidelity National Title Co
Ray G Alan -- None Available
Burke Claude Allyn -- Chicago Title Company
Ray G Alan -- --
Ray George Alan $885,000 Chicago Title Co
Crosby Scott B -- Chicago Title Co
Crosby Scott B -- Chicago Title Insurance Co
Crosby Scott B $8,500 --
Strauss Jeffrey M $260,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nieves Roger O $675,000
Previous Owner Burke Claude Allyn $450,000
Previous Owner Ray George Alan $485,000
Previous Owner Crosby Scott B $221,900
Previous Owner Crosby Scott B $150,000
Previous Owner Strauss Jeffrey M $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2015 06/16/15 Sold $1,085,000 -9.6% $807 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $1,200,000 -- $893 / 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
2024 $14,442 $1,278,430 $942,624 $335,806
2023 $14,061 $1,253,364 $924,142 $329,222
2022 $14,217 $1,228,789 $906,022 $322,767
2021 $14,020 $1,204,696 $888,257 $316,439
2019 $13,543 $1,168,966 $861,912 $307,054
2018 $12,657 $1,146,046 $845,012 $301,034
2016 $12,305 $1,101,546 $812,200 $289,346
2015 $11,279 $1,006,298 $682,237 $324,061
2014 -- $986,587 $668,873 $317,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15073397

California Regional Multiple Listing Service (CRMLS)

APN: 4132-011-007