NOT LISTED FOR SALE

1511 E 218th St Carson, CA 90745

Estimated Value: $788,000 - $911,257

4 Beds
2 Baths
1,432 Sq Ft
$595/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $595,000 $416 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,520/month

19 Days on Market

About This Home

As of May 2020

Great Investor special, two house on a lot. Both units have been upgraded with in the last 6-12 months. This is ideal for owner occupied or investor positive cash flow.

Last Listed By

ART CASAS

Quality Homes & Loans, Inc. License #01379336 Listed on: 03/28/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,015

Year Built

  • Built in 1936

Lot Details

  • 7,495 Sq Ft Lot
  • No Common Walls
  • Back Yard

Home Design

  • 1,432 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 4546
  • Assessor Parcel Number 7328012009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $850
  • Trash Expense $1,200
  • New Taxes Expense $6,900
  • Operating Expense $8,950
  • Gross Income $48,000
  • Net Operating Income $3,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,015

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: CARS*
  • Property Type: Residential Income
  • Parcel Number: 7328012009
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 415.50

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7495.00
  • Lot Size Acres: 0.1721

Multi Family

  • Gross Income: 48000.00
  • Gross Scheduled Income: 4000.00
  • Insurance Expense: 850.00
  • Lot Size Area: 7495.0000 Square Feet
  • Net Operating Income: 3900.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 100.00
  • Rent Control: No
  • Total Expenses: 8950.00

Tax Info

  • New Taxes Expense: 6900.00
  • Tax Census Tract: 5433.06
  • Tax Lot: 57
  • Tax Tract Number: 4546

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2024
Sold by
Leon Rosa Irma and Leon Esmeralda Vicencio
Bought by
Leon Rosa Irma
Total Days on Market
19
Current Estimated Value
$852,064

Purchase Details

Closed on
Jan 20, 2024
Sold by
Leon Rosa Irma
Bought by
Rosa Irma Leon Living Trust and Leon

Purchase Details

Listed on
Mar 28, 2020
Closed on
May 9, 2020
Sold by
Zaragoza Dennis R and Tamayo Jennifer A
Bought by
Leon Rosa Irma and Leon Esmeralda Vicencio
Seller's Agent
ART CASAS
Quality Homes & Loans, Inc.
Buyer's Agent
Laura Leon
Vista Sotheby's International
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$584,223
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 11, 2019
Closed on
Feb 25, 2019
Sold by
Hollyvale Rental Holdings Llc
Bought by
Zaragoza Dennis R and Tamayo Jennifer A
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
IDALIA CASAS
Quality Homes & Loans, Inc.
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.41%
Original Mortgage
$392,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2018
Sold by
Rodriguez Frank R and Rodriguez Ofelia O
Bought by
Hollyvale Rental Holdings Llc

Purchase Details

Closed on
Sep 15, 2008
Sold by
Rodriguez Francisco R and Rodriguez Ofelia Ortega
Bought by
Rodriguez Francisco R and Rodriguez Ofelia Ortega

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
Leon Rosa Irma -- None Listed On Document
Rosa Irma Leon Living Trust -- None Listed On Document
Leon Rosa Irma $595,000 Fidelity National Title Co
Zaragoza Dennis R $490,000 Fidelity National Title Co
Hollyvale Rental Holdings Llc $387,500 None Available
Rodriguez Francisco R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Irma Leon Rosa $585,500
Previous Owner Leon Rosa Irma $584,223
Previous Owner Zaragoza Dennis R $397,500
Previous Owner Zaragoza Dennis R $392,000
Previous Owner Hollyvale Rental Holdings Llc $350,000
Previous Owner Rodriguez Frank R $200,000
Previous Owner Rodriguez Frank R $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $595,000 -0.7% $416 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
03/28/2020 03/28/20 For Sale $599,000 +22.2% $418 / Sq Ft
03/01/2019 03/01/19 Sold $490,000 -2.0% $342 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $499,900 -- $349 / 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
2024 $9,015 $637,958 $321,660 $316,298
2023 $8,831 $625,450 $315,353 $310,097
2022 $8,395 $613,187 $309,170 $304,017
2021 $8,290 $601,164 $303,108 $298,056
2020 $7,159 $499,800 $306,000 $193,800
2019 $6,900 $490,000 $250,000 $240,000
2018 $1,424 $52,298 $20,225 $32,073
2016 $1,359 $50,270 $19,441 $30,829
2015 $1,320 $49,515 $19,149 $30,366
2014 $1,319 $48,546 $18,774 $29,772
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20066265

California Regional Multiple Listing Service (CRMLS)

APN: 7328-012-009