Seller's Agent in 2021
Shawn Luong
eXp Realty of Greater Los Angeles
(626) 643-7090
1 in this area
40 Total Sales
Estimated Value: $834,000 - $990,000
Fall in love with this tastefully remodeled home where everything has been redone: the kitchen, the 3 good size bathrooms, new carpet in the 4 bedrooms, new laminate wood flooring in the common area, new double pane windows, a new roof... Assessor shows a 1,555 sf house that sits on a large 10,375 sf lot with 2 bedrooms and 2 bathrooms. This inviting home features 2 master suites with en suite bathrooms. The remodeling was done with a city permit for 3 bathrooms, one kitchen, and one new roof. Buyers to satisfy themselves for any other information regarding the additional bedrooms and baths. Nearby schools include PUC Community Charter School rated above average and Balboa Gifted Magnet school rated excellent. The house sits in a federally designated Opportunity Zone and with the new ADU law, one detached ADU up to 1200 sf and one junior attached ADU can be built on the lot. The Opportunity Zone allows an investor to reduce the tax on the capital gain invested in this property by 10% and to permanently exclude taxable income on future gains if the investment is held for at least 10 years. Rental survey shows $3,500 possible for a 4-bedroom house with a median rent of $3,225 and $3,000 for a 3-bedroom house (new 1200 sf ADU?) with 2 comparables within 0.24 mi of subject and finally $2,000 for a 2-bedroom.
Last Agent to Sell the Property
eXp Realty of Greater Los Angeles License #00857818 Listed on: 03/01/2021
Last Buyer's Agent
eXp Realty of Greater Los Angeles License #00857818 Listed on: 03/01/2021
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Orihuela Gerardo | -- | Accommodation/Courtesy Recordi | |
| Lsf9master Participation Trust | $561,194 | Accommodation | |
| Martinez Teresa | $480,000 | Lawyers Title | |
| Chapman Claudio L | -- | -- | |
| Chapman Claudio L | $325,000 | Orange Coast Title Company | |
| Leibowitz Veronica G | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Martinez Teresa | $384,000 | |
| Previous Owner | Chapman Claudio L | $270,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2021 07/09/21 | Sold | $699,000 | 0.0% | $327 / Sq Ft |
| 03/01/2021 03/01/21 | For Sale | $699,000 | -- | $327 / Sq Ft |
| 02/26/2021 02/26/21 | Pending | -- | -- | -- |
| 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 | $9,771 | $779,455 | $513,252 | $266,203 |
| 2024 | $9,700 | $764,173 | $503,189 | $260,984 |
| 2023 | $9,515 | $749,190 | $493,323 | $255,867 |
| 2022 | $8,663 | $699,000 | $505,300 | $193,700 |
| 2021 | $6,507 | $511,057 | $306,593 | $204,464 |
| 2020 | $6,567 | $505,818 | $303,450 | $202,368 |
| 2019 | $6,847 | $541,000 | $433,000 | $108,000 |
| 2018 | $5,745 | $456,000 | $365,000 | $91,000 |
| 2016 | $5,170 | $412,000 | $330,000 | $82,000 |
| 2015 | $4,741 | $376,000 | $301,000 | $75,000 |
| 2014 | $4,549 | $351,000 | $281,000 | $70,000 |
Seller's Agent in 2021
Shawn Luong
eXp Realty of Greater Los Angeles
(626) 643-7090
1 in this area
40 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV21042034
APN: 2619-028-004