$388,000
SOLD DEC 16, 2022

1320 W L St Wilmington, CA 90744

2 Beds
1 Bath
1,054 Sq Ft
5,719 Sq Ft Lot

Recently Sold

$368 Per Sq Ft

9% Below List Price

6 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Lawn
  • Enclosed patio or porch

About This Home

As of June 2023

This is a wonderful opportunity for an investor or a homebuyer who is looking for a home to fully remodel and personalize. The house is located in a charming neighborhood near L.A. Harbor College and the Harbor Sports Complex and Harbor Park Golf Course. This would make a perfect first home for someone starting out in the market, and it would be a great rental property with room to build an ADU. Don't hesitate, or this property will be gone.This is a probate sale, and this house is being sold ''as-is''. It does need a lot of work, but it is a great opportunity for someone willing to put in the work.

Last Agent to Sell the Property

Alexander Varga

Norm Haley Real Estate License #01918433 Listed on: 11/01/2022

Last Buyer's Agent

Alexander Varga

Norm Haley Real Estate License #01918433 Listed on: 11/01/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,588

Year Built

  • Built in 1954

Lot Details

  • 5,719 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • No Sprinklers
  • Lawn
  • Front Yard
  • Density is 6-10 Units/Acre
  • Property is zoned R1-1XL-CUGU

Home Design

  • Traditional Architecture
  • Additions or Alterations
  • Major Repairs Completed
  • Fixer Upper
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Fiberglass Roof
  • Plaster
  • Stucco

Interior Spaces

  • 1,054 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Galley Kitchen
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 3 Parking Spaces
  • Carport
  • Parking Available
  • Driveway

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Location

  • Suburban Location

Schools

  • Wilmington Middle School
  • Banning High School

Utilities

  • Wall Furnace
  • Overhead Utilities
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 7415019021

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,588

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: R1-1XL-CUGU
  • Architectural Style: Traditional
  • Property Condition: Additions/Alterations, Repairs Major, Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7415019021
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1054.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood, Vinyl
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Family Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 403.23
  • Room Type: Family Room, Galley Kitchen, All Bedrooms Down
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron, Wood
  • Patio And Porch Features: Covered, Enclosed
  • Pool Private: No
  • Roof: Composition, Fiberglass
  • Spa: No
  • Construction Materials: Frame, Stucco, Plaster

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Gutters, Suburban, Sidewalks, Park, Golf

Schools

  • Middle School: Wilmington
  • High School: Banning
  • High School: Banning
  • Middle Or Junior School: Wilmington
  • High School2: BANNIN

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, 6-10 Units/Acre, Sprinklers None, Level with Street, Utilities - Overhead, Level, Lawn
  • Lot Size Sq Ft: 5719.00
  • Lot Size Acres: 0.1313

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5719.0000 Square Feet

Tax Info

  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Apr 26, 2023
Sold by
Nakmeen Llc
Bought by
Sanchez Luis Alberto Sala
Seller's Agent
Froilan Lopez
Del Mar Realty
Buyer's Agent
Vicky De la Herran
Excellence RE Real Estate, Inc.
List Price
$669,000
Sold Price
$680,000
Premium/Discount to List
$11,000
1.64%
Views
199
Current Estimated Value
$733,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,200
Avg. Annual Appreciation
3.57%
Original Mortgage
$667,683
Outstanding Balance
$649,829
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$83,371

Purchase Details

Listed on
Nov 1, 2022
Closed on
Dec 15, 2022
Sold by
Journey Investments Inc
Bought by
Nakmeen Llc
Seller's Agent
Alexander Varga
Norm Haley Real Estate
Buyer's Agent
Alexander Varga
Norm Haley Real Estate
List Price
$425,000
Sold Price
$388,000
Premium/Discount to List
-$37,000
-8.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
229.96%
Original Mortgage
$360,000
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 1, 2022
Closed on
Nov 14, 2022
Sold by
Jarvis Jessie Allen
Bought by
Journey Investments Inc
Seller's Agent
Alexander Varga
Norm Haley Real Estate
Buyer's Agent
Alexander Varga
Norm Haley Real Estate
List Price
$425,000
Sold Price
$388,000
Premium/Discount to List
-$37,000
-8.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 11, 2000
Sold by
Ramirez Daniel P
Bought by
Jarvis Edna M
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 Type Sale Price Title Company
Grant Deed $680,000 Wfg National Title
Grant Deed $410,000 Old Republic Title
Grant Deed $388,000 Old Republic Title
Warranty Deed $4,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $667,683 FHA
Previous Owner $360,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $680,000 +1.6% $645 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $669,000 +72.4% $635 / Sq Ft
12/16/2022 12/16/22 Sold $388,000 -8.7% $368 / Sq Ft
11/01/2022 11/01/22 For Sale $425,000 -- $403 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $8,588 $707,471 $513,333 $194,138
2024 $8,588 $693,600 $503,268 $190,332
2023 $5,185 $410,000 $370,000 $40,000
2022 $1,772 $136,621 $78,070 $58,551
2021 $1,746 $133,943 $76,540 $57,403
2019 $1,695 $129,972 $74,271 $55,701
2018 $1,637 $127,424 $72,815 $54,609
2017 $1,600 $124,927 $71,388 $53,539
2016 $1,553 $122,479 $69,989 $52,490
2015 $1,532 $120,640 $68,938 $51,702
2014 $1,544 $118,278 $67,588 $50,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-11851

Pasadena-Foothills Association of REALTORS®

APN: 7415-019-021