NOT LISTED FOR SALE

129 W Palm Ave El Segundo, CA 90245

Estimated Value: $1,009,000

0.15 Acre
$6,726,667 Price per Acre
6,681 Sq Ft Lot

Last Sold August 29, 2017

Last sale price $1,350,000 $1,051 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $6,364/month

3 Days on Market

About This Lot

As of August 2017

Great opportunity for investors, prime lcation!! nice front house is currently leased for $2,200/mon (potential of $2.600) a room next to the he detached garage is currently leased for $500/mon (potential $800), Near parks, schools, shopping centers, LAX, freeways.
This property can be redeveloped into 4 units condos, tentative plan has been approved, the proposed density is one-unit appox. 1,676 sqft (total of 6,702sqft) , 4 garages with total of 8 parking spaces. Plan is for a underground parking with 2 stories building above the deck. Final map, wo k drawing, landscape design, CC&R are all pad for and in process.

Last Agent to Sell the Property

Grace Lee

Graceland Investment, Inc. License #01178535 Listed on: 05/07/2017

Last Buyer's Agent

Bill Ruane

Estate Properties License #00972400

Estate Properties

Property Details

Property Type

  • Land

Lot Details

  • 6,681 Sq Ft Lot
  • Property is zoned ESR3YY

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4132009006

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: No
  • Zoning: ESR3YY
  • Property Type: Land
  • Parcel Number: 4132009006
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 202.07

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6681.00

Tax Info

  • Tax Census Tract: 6201.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Shuster Mark and Shuster Daina
Bought by
Shuone Llc
Current Estimated Value
$1,009,000

Purchase Details

Closed on
Jul 25, 2020
Sold by
The Vilas On Palm Llc
Bought by
Chan Anthony S S and Chan Ruby Wong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2017
Closed on
Aug 23, 2017
Sold by
Palmes Star Lp
Bought by
The Villas On Palm Llc
Seller's Agent
Grace Lee
Graceland Investment, Inc.
Buyer's Agent
Bill Ruane
Estate Properties
List Price
$1,350,000
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2016
Sold by
Wu Harry
Bought by
Palmes Star Lp

Purchase Details

Listed on
Apr 24, 2014
Closed on
Jun 25, 2014
Sold by
Chen Wenli
Bought by
Wu Harry
Seller's Agent
Ginny Lin
Faith Global Realty Group
Buyer's Agent
Ginny Lin
Faith Global Realty Group
List Price
$750,000
Sold Price
$642,000
Premium/Discount to List
-$108,000
-14.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,872
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 24, 2014
Closed on
Jun 4, 2014
Sold by
Wang Hsing Sheng and Wang Rena Huang
Bought by
Chen Wenli
Seller's Agent
Ginny Lin
Faith Global Realty Group
Buyer's Agent
Ginny Lin
Faith Global Realty Group
List Price
$750,000
Sold Price
$642,000
Premium/Discount to List
-$108,000
-14.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,872
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2004
Sold by
Wang Hsing Sheng
Bought by
Wang Hsing Sheng and Wang Rena Huang

Purchase Details

Closed on
Jan 23, 2002
Sold by
Wang Huang Hsiu Oh
Bought by
Wang Hsing Sheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,375
Interest Rate
7.04%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 7, 2001
Sold by
Sherrill R Lee and Sherrill Christine M
Bought by
Wang Shing Sheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,375
Interest Rate
7.04%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 1, 2001
Sold by
Toellner Jon D
Bought by
Sherrill R Lee and Sherrill Christine M

Purchase Details

Closed on
Dec 30, 1999
Sold by
Hickey Fred
Bought by
Toellner Jon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,800
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 1997
Sold by
Trust Parker Shirley A Tr Parker Family
Bought by
Hickey Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 1994
Sold by
Parker Shirley Ann
Bought by
Parker Shirley Ann

Purchase Details

Closed on
Jul 5, 1994
Sold by
Parker Shirley Ann
Bought by
Parker Shirley Ann

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
7.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1993
Sold by
Parker Shirley Ann
Bought by
Parker Shirley Ann
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
Shuone Llc -- None Available
Chan Anthony S S $1,499,000 Fidelity National Title
The Villas On Palm Llc $1,350,000 Stewart Title Company
Palmes Star Lp -- None Available
Wu Harry $646,000 Equity Title
Chen Wenli $642,000 North American Title Company
Wang Hsing Sheng -- --
Wang Hsing Sheng -- Fidelity Title
Wang Shing Sheng $495,000 Fidelity Title
Sherrill R Lee $470,000 Fidelity Title
Toellner Jon D $382,500 Fidelity Title
Hickey Fred $246,000 Chicago Title Insurance Co
Parker Shirley Ann -- --
Parker Shirley Ann -- Orange Coast Title
Parker Shirley Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shuster Mark $1,075,500
Previous Owner Greene Landon $410,000
Previous Owner Chan Anthony S S $766,000
Previous Owner The Villas On Palm Llc $810,000
Previous Owner Chen Wenli $646,872
Previous Owner Wang Shing Sheng $234,375
Previous Owner Toellner Jon D $296,800
Previous Owner Hickey Fred $196,800
Previous Owner Parker Shirley Ann $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2017 08/29/17 Sold $1,350,000 0.0% $1,051 / Sq Ft
05/07/2017 05/07/17 For Sale $1,350,000 +110.3% $1,051 / Sq Ft
06/16/2014 06/16/14 Sold $642,000 0.0% $500 / Sq Ft
04/25/2014 04/25/14 Off Market $642,000 -- --
04/24/2014 04/24/14 Pending -- -- --
04/24/2014 04/24/14 Price Changed $600,000 -20.0% $467 / Sq Ft
04/24/2014 04/24/14 Price Changed $750,000 0.0% $584 / Sq Ft
04/24/2014 04/24/14 For Sale $750,000 0.0% $584 / Sq Ft
02/19/2014 02/19/14 Rented $2,200 +10.0% --
02/19/2014 02/19/14 For Rent $2,000 0.0% --
01/21/2014 01/21/14 Rented $2,000 -20.0% --
01/21/2014 01/21/14 For Rent $2,500 0.0% --
12/09/2013 12/09/13 Pending -- -- --
12/09/2013 12/09/13 For Sale $600,000 -- $467 / 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
2020 -- $1,404,540 $1,404,540 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17103829

California Regional Multiple Listing Service (CRMLS)

APN: 4132-009-039