NOT LISTED FOR SALE

120 W Walnut Ave El Segundo, CA 90245

Estimated Value: $1,616,000 - $2,044,000

4 Beds
2 Baths
1,632 Sq Ft
$1,113/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $1,075,000 $659 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $11,293/month

62 Days on Market

Highlights

  • Marina
  • Traditional Architecture
  • Granite Countertops
  • Richmond Street Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of December 2015

Wonderful Opportunity to own a Duplex in the highly sought after City of El Segundo. Live in One Unit & Rent the Other. This great property in a perfect location has tons of potential for expanding its Size. Duplex features Hardwood floors, 2 Car Garage, Skylights, Sound-blocking Windows, Central Heating, Newer plumbing, New appliances, Fresh interior paint, & Individual Washers & Dryers. This great income property is minutes to Los Angeles International Airport & Walking distance to nearby Beaches. It is Driving distance to Playa Vista, Westchester, Playa Del Rey, Manhattan & Hermosa Beach. Residential Duplex is in close Proximity to nearby Loyola Marymount, The Lakes at El Segundo Golf Course, 405 & 105 Fwy. This Beautiful home would offer so many amenities to its new Resident & Welcomes the Addition to its Prestige Friendly Community, starting with a scenic route through Vista Del Mar Blvd, Distinguished & Gold Ribbon Award Winning School, Farmers Market, Parks & Recreation for Youth & Adults, & Fantastic Restaurants & Bars. NOTE: No Rent Control.

Last Agent to Sell the Property

Orlando Medina

eXp Realty of California Inc License #01778138 Listed on: 11/06/2015

eXp Realty of California Inc

Last Buyer's Agent

Kofi Nartey

Globl RED License #01404511

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,108

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 5,756 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Shared Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,632 Sq Ft Home
  • Triple Pane Windows
  • Sliding Doors
  • Insulated Doors
  • Living Room
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating
  • Septic Type Unknown

Additional Features

  • Accessible Parking
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 2 / 89
  • Tax Tract Number 6201
  • Assessor Parcel Number 4132015013

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Marina

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $3,000
  • Gross Income $4,495
  • Net Operating Income $50,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,108

Year Built

Built in 1947 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: (1) Dishwasher, (1) Refrigerator, (2) Washers, (2) Dryers, (2) Stoves
  • Other Phone Description: NEW OFFICE FAX
  • Other Phone Number: 310.698.0664
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 4132015013
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters, Tile Counters
  • Entry Location: Ground Level,Living Room
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile, Vinyl, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Insulated Doors, Sliding Doors
  • Levels: One
  • Price Per Square Foot: 658.70
  • Room Type: Living Room
  • Window Features: Triple Pane Windows

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • View: Neighborhood
  • Fencing: Block, Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Unknown, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Shared Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Kitchen, Individual Room, Washer Included
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5756.00
  • Price Per Lot Square Foot: 186.76
  • Lot Size Acres: 0.1320

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4495.00
  • Gross Scheduled Income: 53940.00
  • Lot Size Area: 5756.0000 Square Feet
  • Net Operating Income: 50940.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 3
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Expenses: 3000.00
  • Waterfront Features: Marina in Community

Tax Info

  • Tax Block: 89
  • Tax Lot: 2
  • Tax Tract Number: 6201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2015
Closed on
Nov 11, 2015
Sold by
Patterson Myrna G
Bought by
Galli Brian L and Galli Maria F
Seller's Agent
Orlando Medina
eXp Realty of California Inc
Buyer's Agent
Kofi Nartey
Globl RED
List Price
$1,225,000
Sold Price
$1,075,000
Premium/Discount to List
-$150,000
-12.24%
Current Estimated Value
$1,815,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$740,980
Avg. Annual Appreciation
5.42%
Original Mortgage
$698,750
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 10, 2006
Sold by
Patterson Myrna C
Bought by
Patterson Myrna G and Myrna G Patterson Declaration Of Trust

Purchase Details

Closed on
Oct 3, 2005
Sold by
Waffle Cynthia G
Bought by
Patterson Myrna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,350
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Galli Brian L $1,075,000 Lawyers Title
Patterson Myrna G -- None Available
Patterson Myrna G $799,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galli Maria F $931,000
Closed Galli Brian L $698,750
Previous Owner Patterson Myrna G $519,350
Previous Owner Waffle Cynthia G $75,000
Previous Owner Waffle Cynthia G $300,000
Previous Owner Waffle Cynthia G $65,000
Previous Owner Waffle Cynthia G $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2015 12/18/15 Sold $1,075,000 -12.2% $659 / Sq Ft
11/06/2015 11/06/15 Pending -- -- --
09/05/2015 09/05/15 For Sale $1,225,000 -- $751 / 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 $14,108 $1,247,625 $783,393 $464,232
2023 $13,736 $1,223,163 $768,033 $455,130
2022 $13,888 $1,199,180 $752,974 $446,206
2021 $13,694 $1,175,667 $738,210 $437,457
2019 $13,227 $1,140,798 $716,315 $424,483
2018 $12,368 $1,118,430 $702,270 $416,160
2016 $12,020 $1,075,000 $675,000 $400,000
2015 $10,203 $908,510 $794,807 $113,703
2014 $9,987 $890,714 $779,238 $111,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN15197338

California Regional Multiple Listing Service (CRMLS)

APN: 4132-015-013