$759,000

1405 Lagoon Ave Wilmington, CA 90744

Estimated payment $4,495/month

Total Views 25,711
3 Beds
3 Baths
1,476 Sq Ft
$514 Price per Sq Ft

Highlights

  • Double Pane Windows
  • Tile Flooring
  • Rectangular Lot
  • Laundry Room
  • 3 Car Garage
  • Wood Fence

About This Home

Welcome to this charming TRIPLEX located at 1405 Lagoon Ave in Wilmington, CA. Each unit consists of 1 bed 1 bath w/garage and an ample 5,500 square foot lot. Property boasts, double pane windows, newer roof, copper plumbing, newer wall heaters, laminate flooring in all 3 kitchens. Units 1407 and 1409 kitchens w/granite counters. Conveniently located to churches, groceries, parks, schools, frwy's and transportation, making this TRIPLEX GEM a great start or additon to your real estate portfolio. DO NOT DISTURB OCCUPANTS..DRIVE BY ONLY

Listing Agent

Laura Rico-Aguilar

Keller Williams Palos Verdes Brokerage Email: laurarico@sbcglobal.net License #01049782 Listed on: 10/21/2024

Keller Williams Palos Verdes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,634

Year Built

  • Built in 1954

Lot Details

  • 5,550 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Block Wall Fence
  • Rectangular Lot

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Triplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,476 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 27 / K
  • Tax Tract Number 2465
  • Assessor Parcel Number 7421026027
  • $420 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $780
  • Pest Control $400
  • Water Sewer Expense $1,980
  • Operating Expense $3,160
  • Gross Income $40,500
  • Net Operating Income $37,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,634

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 253000
  • Property Attached: Yes
  • Water Sewer Expenses: 1980.00
  • Zoning: LAC2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7421026027
  • Year Built: 1954
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: front
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 514.23
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Pest Control Expense: 400.00
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5550.00
  • Lot Size Acres: 0.1274

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 492 Square Feet
  • Gross Income: 40500.00
  • Gross Scheduled Income: 42180.00
  • Insurance Expense: 780.00
  • Lot Size Area: 5550.0000 Square Feet
  • Net Operating Income: 37340.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 3375.00
  • Total Expenses: 3160.00

Tax Info

  • Tax Block: K
  • Tax Census Tract: 2942.00
  • Tax Lot: 27
  • Tax Tract Number: 2465
  • TaxOtherAnnualAssessmentAmount: 420.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,634 $273,277 $103,399 $169,878
2024 $3,634 $267,920 $101,372 $166,548
2023 $3,571 $262,668 $99,385 $163,283
2022 $3,416 $257,519 $97,437 $160,082
2021 $3,370 $252,471 $95,527 $156,944
2019 $3,277 $244,985 $92,695 $152,290
2018 $3,153 $240,182 $90,878 $149,304
2016 $3,006 $230,857 $87,350 $143,507
2015 $2,965 $227,390 $86,038 $141,352
2014 $2,994 $222,937 $84,353 $138,584
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 For Sale $759,000 -- $514 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Ticor Title
Deed -- --
Interfamily Deed Transfer -- Pacific Coast Title Company
Interfamily Deed Transfer -- Pacific Coast Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $185,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 New Conventional
Previous Owner -- No Value Available
Previous Owner $155,000 New Conventional
Previous Owner $210,000 Unknown
Previous Owner $182,141 FHA
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24214254

California Regional Multiple Listing Service (CRMLS)

APN: 7421-026-027