NOT LISTED FOR SALE

Estimated Value: $721,000 - $766,946

5 Beds
2 Baths
1,820 Sq Ft
$409/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $490,000 $269 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,720/month

9 Days on Market

Highlights

  • Gated Parking
  • Property is near a park
  • Granite Countertops
  • Open Floorplan
  • Wood Flooring
  • 1-minute walk to East Wilmington Vest Pocket Park

About This Home

As of June 2017

Charming detached two-unit property in Wilmington The front 3 bedroom 1 bath house has a delightful and welcoming front porch greeting you and your guests. The open and bright living area has beveled ceilings and crown molding which gives the home its character and elegance. Enjoy making meals and entertaining in the newly remodeled kitchen that boasts granite counter tops and a bar area. Laminated wood floors are found throughout the clean and well maintained home. Sliding door in back room gains access to an amazing patio area great for entertaining and BBQs. Newer windows and shutters adorn all windows and a great bonus-a laundry area in both units. Independent back unit has 2 bedrooms and 1 bath. This unit also is well maintained, bright and spacious. Imagine the possibilities in this clean, detached unit complete with access to patio. Be pleasantly surprised with the expansive back area complete with direct access off alley. Easily fits 4-5 cars of your family, friends, or residents. This property has excellent curb appeal with an easy to maintain yard and patio area. Quality work and pride of ownership is found throughout both homes. Units are well maintained and upgraded including ceiling fans in all rooms. These homes are turn-key and ready for extended family or extra income! Gated playground for young families is conveniently located on neighboring corner of Watson and O Street. Location is close to all freeways, shops, and the historic Banning Museum.

Last Listed By

Cheryl Friedman

Keller Williams Palos Verdes License #01712975 Listed on: 04/04/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,060

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 5,018 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Privacy Fence
  • Vinyl Fence
  • Block Wall Fence
  • Chain Link Fence
  • Fence is in excellent condition
  • Front Yard

Home Design

  • Duplex
  • Turnkey
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Coffered Ceiling
  • Ceiling Fan
  • Living Room
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Driveway
  • Gated Parking
  • Paved Parking
  • Parking Lot

Location

  • Property is near a park
  • Urban Location

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 151
  • Tax Tract Number 2941
  • Assessor Parcel Number 7426011038

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,060

Year Built

Built in 1964 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Description: mobile
  • Other Phone Number: 310-504-4690
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Maintained, Paved
  • Zoning: LAR1
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7426011038
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Granite Counters, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 269.23
  • Room Type: Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Block, Chain Link, Excellent Condition, Privacy, Vinyl
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered, Driveway, Concrete, Gated, Oversized, Parking Space
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Park Nearby
  • Lot Size Sq Ft: 5018.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 780 Square Feet
  • Average3 Bed Area: 1040 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

Tax Info

  • Tax Census Tract: 2941.20
  • Tax Lot: 151
  • Tax Tract Number: 2941

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2017
Closed on
Apr 20, 2017
Sold by
Davis Robert Samuel and Davis Wanda C
Bought by
Davis Wanda C
Seller's Agent
Cheryl Friedman
Keller Williams Palos Verdes
Buyer's Agent
Luis Bocanegra
iCasa Realty & Investments
List Price
$465,000
Sold Price
$490,000
Premium/Discount to List
$25,000
5.38%
Total Days on Market
9
Current Estimated Value
$745,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,237
Original Mortgage
$461,487
Interest Rate
4.03%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 4, 2017
Closed on
Apr 19, 2017
Sold by
Davis Wanda C
Bought by
Larios Adrian and Sarinana Lus Maria
Seller's Agent
Cheryl Friedman
Keller Williams Palos Verdes
Buyer's Agent
Luis Bocanegra
iCasa Realty & Investments
List Price
$465,000
Sold Price
$490,000
Premium/Discount to List
$25,000
5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,487
Interest Rate
4.03%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Larios Adrian $490,000 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larios Adrian $86,215
Previous Owner Larios Adrian $461,487
Previous Owner Davis Robert S $278,887
Previous Owner Davis Robert S $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $490,000 +5.4% $269 / Sq Ft
06/07/2017 06/07/17 Price Changed $465,000 0.0% $255 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $465,000 -- $255 / 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 $7,060 $557,531 $341,347 $216,184
2023 $6,928 $546,600 $334,654 $211,946
2022 $6,611 $535,884 $328,093 $207,791
2021 $6,526 $525,377 $321,660 $203,717
2020 $6,589 $519,991 $318,362 $201,629
2019 $6,335 $509,796 $312,120 $197,676
2018 $6,221 $499,800 $306,000 $193,800
2016 $2,082 $156,827 $54,075 $102,752
2015 $2,054 $154,472 $53,263 $101,209
2014 $2,074 $151,447 $52,220 $99,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17070663

California Regional Multiple Listing Service (CRMLS)

APN: 7426-011-038