NOT LISTED FOR SALE

Estimated Value: $916,000 - $1,044,042

4 Beds
2 Baths
1,473 Sq Ft
$666/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $800,000 $543 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,169/month

17 Days on Market

Highlights

  • Detached Guest House
  • All Bedrooms Downstairs
  • Neighborhood Views
  • Garvey (Richard) Intermediate School Rated A-
  • No HOA
  • Covered Patio or Porch

About This Home

As of March 2023

Calling all Investors and Developers to this prime 2 on a lot. Rebuild/Redevelopment project in great West of Del Mar location. Situated on a large 7565 square foot lot, the possibilities are endless for this very rough around the edges and top to bottom fixer property. Houses are separated with one street facing and one at the rear of the property, separated by large lot area. Each house is 2 bedrooms + 1 bath and would be very charming once all the clutter is gone and units redone. Single car attached garage too. Super area with new project development...this property is waiting for its own redevelopment. Hurry...Trust Sale...Will not last!

Last Agent to Sell the Property

Randye Saunders

Engel & Völkers Encino License #01333050 Listed on: 01/11/2023

Engel & Völkers Encino

Last Buyer's Agent

Michale McGee

Engel & Völkers Encino License #01442673

Engel & Völkers Encino

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,625

Year Built

  • Built in 1940

Lot Details

  • 7,565 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Attached Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Bungalow
  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper

Interior Spaces

  • 1,473 Sq Ft Home
  • Living Room
  • Neighborhood Views
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Wall Furnace
  • Septic Type Unknown

Additional Features

  • Covered Patio or Porch
  • Detached Guest House
  • Suburban Location

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 6824
  • Assessor Parcel Number 5360045062
  • $630 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,625

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: SLR2YY
  • Architectural Style: Bungalow
  • Property Condition: Additions/Alterations, Fixer, Repairs Cosmetic, Repairs Major
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5360045062
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1473.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 543.11
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House Detached
  • View: Neighborhood
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: San Gabriel Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7565.00
  • Lot Size Acres: 0.1737

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7565.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 6824
  • TaxOtherAnnualAssessmentAmount: 630.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2009
Sold by
Laverde Luis Eduardo and Laverde Emilia
Bought by
Laverde Emilia and The Luis E & Emilia Laverde Re
Current Estimated Value
$980,761

Purchase Details

Closed on
Mar 25, 2002
Sold by
Laverde Luis E and Laverde Emilia
Bought by
Laverde Luis Eduardo and Laverde Emilia

Purchase Details

Closed on
Nov 9, 1994
Sold by
Laverde Marta and Clemos Martha
Bought by
Laverde Luis E and Laverde Emilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
9.29%
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
Laverde Emilia -- None Available
Laverde Luis Eduardo -- --
Laverde Luis E -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Laverde Luis E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $800,000 0.0% $543 / Sq Ft
03/07/2023 03/07/23 Sold $800,000 -5.9% $543 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/27/2023 01/27/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $850,000 0.0% $577 / Sq Ft
01/24/2023 01/24/23 For Sale $850,000 0.0% $577 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
01/17/2023 01/17/23 Pending -- -- --
01/11/2023 01/11/23 Price Changed $850,000 0.0% $577 / Sq Ft
01/11/2023 01/11/23 For Sale $850,000 -10.5% $577 / Sq Ft
11/16/2022 11/16/22 For Sale $950,000 -- $645 / 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 $11,625 $832,320 $499,392 $332,928
2024 $11,625 $816,000 $489,600 $326,400
2023 $1,261 $52,957 $29,427 $23,530
2022 $1,223 $51,919 $28,850 $23,069
2021 $1,202 $50,902 $28,285 $22,617
2020 $1,194 $50,381 $27,995 $22,386
2019 $1,172 $49,395 $27,447 $21,948
2018 $1,080 $48,427 $26,909 $21,518
2016 $1,004 $46,549 $25,865 $20,684
2015 $989 $45,851 $25,477 $20,374
2014 $991 $44,953 $24,978 $19,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23005642

California Regional Multiple Listing Service (CRMLS)

APN: 5360-045-062