1526 Bay View Ave Wilmington, CA 90744
Wilmington NeighborhoodEstimated Value: $669,000 - $1,192,000
10
Beds
10
Baths
3,680
Sq Ft
$244/Sq Ft
Est. Value
Highlights
- No Units Above
- 0.31 Acre Lot
- Level Lot
- Gated Parking
- Laundry Room
- 1-Story Property
About This Home
As of January 2024Located in a primarily single family neighborhood, this ten unit apartment property is available for the first time in years. All units are 1 bedroom/1 bathroom. The adjacent lot is used for parking, and there is storage as well. Both parcels are included in the sales price, and total approximately 13,296 sq ft.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,230
Year Built
- Built in 1931
Lot Details
- 0.31 Acre Lot
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Level Lot
- 7421015021
Home Design
- Apartment
- Planned Development
Interior Spaces
- 3,680 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Bathrooms
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
- Parking Available
- Gated Parking
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 23 / 6
- Tax Tract Number 2
- Assessor Parcel Number 7421015022
- $934 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 10 Units
Building Details
- 10 Leased Units
- Rent Control
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $62,733
- Gross Income $58,695
- Net Operating Income $58,695
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 29, 2023
Closed on
Dec 28, 2023
Sold by
Hernandez Josephine A
Bought by
Hernandez Alex
Seller's Agent
Paul Carrese
Coldwell Banker Realty
Buyer's Agent
Brian Estes
Re/Max Commercial & Investment
List Price
$1,212,500
Sold Price
$1,200,000
Premium/Discount to List
-$12,500
-1.03%
Total Days on Market
16
Views
197
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$303,000
Avg. Annual Appreciation
-25.08%
Purchase Details
Listed on
Nov 29, 2023
Closed on
Dec 19, 2023
Sold by
Silvestre S Cardona Trust
Bought by
Hernandez Alex
Seller's Agent
Paul Carrese
Coldwell Banker Realty
Buyer's Agent
Brian Estes
Re/Max Commercial & Investment
List Price
$1,212,500
Sold Price
$1,200,000
Premium/Discount to List
-$12,500
-1.03%
Views
197
Purchase Details
Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%
Purchase Details
Closed on
Mar 6, 2014
Sold by
Cardona Silvestre S
Bought by
Cardona Silvestre S and The Silvestre S Cardona Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hernandez Alex | -- | Progressive Title | |
| Hernandez Alex | $1,200,000 | Progressive Title | |
| Tegel | -- | -- | |
| Cardona Silvestre S | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tegel | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2024 01/17/24 | Sold | $1,200,000 | -1.0% | $326 / Sq Ft |
| 12/15/2023 12/15/23 | Pending | -- | -- | -- |
| 11/29/2023 11/29/23 | For Sale | $1,212,500 | -- | $329 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,230 | $106,179 | $33,623 | $72,556 |
| 2023 | $2,205 | $104,098 | $32,964 | $71,134 |
| 2022 | $2,137 | $102,058 | $32,318 | $69,740 |
| 2021 | $2,096 | $100,058 | $31,685 | $68,373 |
| 2019 | $2,055 | $98,293 | $30,747 | $67,546 |
| 2018 | $1,950 | $96,391 | $30,145 | $66,246 |
| 2016 | $1,798 | $91,496 | $28,975 | $62,521 |
| 2015 | $1,782 | $90,122 | $28,540 | $61,582 |
| 2014 | $1,815 | $88,357 | $27,981 | $60,376 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Carrese
Seller's Agent in 2024
Paul Carrese
Coldwell Banker Realty
(949) 285-4498
3 in this area
15 Total Sales
-
Brian Estes
Buyer's Agent in 2024
Brian Estes
RE/MAX
(310) 802-2525
2 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV23218424
APN: 7421-015-022
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 1611 Bay View Ave
- 1433 N Neptune Ave
- 1603 Lagoon Ave
- 1405 Lagoon Ave
- 1426 Gulf Ave
- 1610 N Fries Ave
- 1341 N Fries Ave
- 1204 Ravenna Ave
- 1218 W Don St
- 1214 N Wilmington Blvd
- 1232 W M St
- 1631 N Banning Blvd
- 909 W Denni St
- 719 E Lomita Blvd
- 1050 Lagoon Ave
- 432 E Q St
- 24524 S Avalon Blvd
- 1036 N Fries Ave
- 25467 Pine Creek Ln
- 25461 Pine Creek Ln
- 1526 Bay View Ave
- 1528 Bay View Ave
- 1522 Bay View Ave
- 1532 Bay View Ave
- 1536 Bay View Ave
- 1516 Bay View Ave
- 1540 Bay View Ave
- 1510 Bay View Ave
- 1517 N Neptune Ave
- 1527 Bay View Ave
- 1533 Bay View Ave
- 1523 Bay View Ave
- 1546 Bay View Ave
- 1541 N Neptune Ave
- 1506 Bay View Ave
- 1511 N Neptune Ave
- 1535 Bay View Ave
- 1515 Bay View Ave
- 1547 N Neptune Ave
- 1541 Bay View Ave