NOT LISTED FOR SALE

1306 W M St Wilmington, CA 90744

Estimated Value: $1,281,446 - $1,594,000

8 Beds
5 Baths
6,271 Sq Ft
$232/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $965,000 $154 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $8,835/month

204 Days on Market

Highlights

  • Multi-Level Bedroom
  • Spanish Architecture
  • No HOA
  • Main Floor Bedroom
  • Granite Countertops
  • Home Office

About This Home

As of March 2020

This mansion has over 80k of upgrades since it was last purchased. It is located next to Los Angeles Harbor College, the newly renovated Ken Malloy Harbor Park, and golf courses. It is perfect for an owner-occupied rental property. It is situated in a high demand rental area. The property is perfect for room/ unit rentals, which can lead to cost free living on the luxurious first floor. The upper level of the building contains separate entry to 3 different sections each containing 2 bedrooms and 1 bathroom. One section contains a bar area, another section contains a kitchenette with laundry hookups, and another section contains a spacious area for a potential kitchenette. Each of the 3 sections contains its own electric sub-panel and water heater. The lower level of the building contains 3 bedrooms, 2 bathrooms, laundry room, gourmet kitchen, and a sun-room. The first floor is approximately 3000 sq. ft with high ceilings. The building contains new solar panels, which were purchased in 2018 and will be completely paid off at the close of escrow. The roof has much room for expansion of the solar panel system. Utility costs will be much lower with additional tenants on the property since the solar panel system supplies the entire house. There is a massive sized garage with a staircase access to an attic, and the parking structure is spacious enough to conveniently park 8 to 10 vehicles

Last Agent to Sell the Property

Art Nava

Level Up Realty License #01401839 Listed on: 06/27/2019

Level Up Realty

Last Buyer's Agent

Elizabeth Hook

Home Smart Realty Group License #01765091

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,208

Year Built

  • Built in 1947

Lot Details

  • 8,514 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • 10 Open Parking Spaces
  • Parking Available
  • Driveway Level

Home Design

  • Spanish Architecture

Interior Spaces

  • 6,271 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Door Entry
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Office

Kitchen

  • Kitchenette
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms | 3 Main Level Bedrooms
  • Multi-Level Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Additional Features

  • Solar Heating System
  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 4602
  • Assessor Parcel Number 7415016007

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,208

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LAR1
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7415016007
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 6271.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 5
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 8
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 153.88
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Multi-Level Bedroom, Office, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Kitchenette, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range
  • Heating Type: Central, Solar
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8514.00
  • Lot Size Acres: 0.1955

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8514.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2943.02
  • Tax Lot: 23
  • Tax Tract Number: 4602

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2019
Closed on
Jan 23, 2020
Sold by
Braza Matthew I and Braza Imogene C
Bought by
Liberation Mass
Seller's Agent
Art Nava
Level Up Realty
Buyer's Agent
Elizabeth Hook
Home Smart Realty Group
List Price
$1,025,000
Sold Price
$965,000
Premium/Discount to List
-$60,000
-5.85%
Current Estimated Value
$1,452,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,862
Avg. Annual Appreciation
7.64%

Purchase Details

Closed on
Jun 26, 2016
Sold by
Braza Matthew I
Bought by
Braza Matthew I and Braza Imogene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,832
Interest Rate
3.58%
Mortgage Type
VA

Purchase Details

Listed on
Jun 11, 2014
Closed on
Sep 28, 2015
Sold by
Fitzpatrick Thomas Quinn
Bought by
Braza Matthew Ishida and Braza Imogene Climaco
Seller's Agent
Danelia Briones
Century 21 Union Realty
Buyer's Agent
Art Nava
Level Up Realty
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$569,025
Interest Rate
3.71%
Mortgage Type
VA

Purchase Details

Closed on
Jan 13, 2014
Sold by
Fitzpatrick Thomas Q
Bought by
Fitzpatrick Thomas Quinn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2010
Sold by
Fitzpatrick Thomas Quinn
Bought by
Fitzpatrick Thomas Quinn

Purchase Details

Closed on
Apr 12, 2007
Sold by
Fitzpatrick Thomas
Bought by
Fitzpatrick Thomas Quinn
Source: Public Records

Range of Values:

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Average Value
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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
Liberation Mass $965,000 Old Republic Title Company
Braza Matthew I -- Wfg National Title Company
Braza Matthew Ishida $750,000 Western Resources Title
Fitzpatrick Thomas Quinn -- Provident Title Company
Fitzpatrick Thomas Q -- Provident Title Company
Fitzpatrick Thomas Quinn -- None Available
Fitzpatrick Thomas Quinn -- None Available
Fitzpatrick Thomas Quinn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Braza Matthew I $575,832
Previous Owner Braza Matthew Ishida $569,025
Previous Owner Fitzpatrick Thomas Q $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2020 03/16/20 Sold $965,000 -3.5% $154 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
09/03/2019 09/03/19 Price Changed $999,999 -2.4% $159 / Sq Ft
06/27/2019 06/27/19 For Sale $1,025,000 +36.7% $163 / Sq Ft
11/20/2015 11/20/15 Sold $750,000 0.0% $120 / Sq Ft View Prior Sale
09/18/2015 09/18/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $750,000 0.0% $120 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
05/26/2015 05/26/15 Price Changed $750,000 -1.3% $120 / Sq Ft
01/20/2015 01/20/15 Price Changed $760,000 -6.2% $121 / Sq Ft
11/06/2014 11/06/14 Price Changed $810,000 -4.7% $129 / Sq Ft
10/03/2014 10/03/14 Price Changed $850,000 -5.6% $136 / Sq Ft
06/11/2014 06/11/14 For Sale $899,999 -- $144 / 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 $13,208 $1,055,364 $492,139 $563,225
2024 $13,208 $1,034,672 $482,490 $552,182
2023 $12,962 $1,014,385 $473,030 $541,355
2022 $12,375 $994,496 $463,755 $530,741
2021 $12,195 $974,997 $454,662 $520,335
2020 $10,471 $811,824 $270,608 $541,216
2019 $14,958 $795,906 $265,302 $530,604
2018 $14,763 $780,300 $260,100 $520,200
2016 $9,388 $750,000 $250,000 $500,000
2015 $6,541 $518,032 $141,299 $376,733
2014 $6,566 $507,886 $138,532 $369,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19147259

California Regional Multiple Listing Service (CRMLS)

APN: 7415-016-007