NOT LISTED FOR SALE

1543 N Avalon Blvd Wilmington, CA 90744

Estimated Value: $1,372,586

9 Beds
8 Baths
5,671 Sq Ft
$242/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $795,000 $140 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $8,802/month

97 Days on Market

About This Home

As of December 2016

NONE CONTINGENT- MIX USE - Accessors building (to various permitted use C 1.5) please visit: LA CITY PLANNING USES 1 & 2; For a list of all potential business opportunities your buyer can invest in or transfer there business. (WARNING: LONG LIST OF OPPORTUNITY). Great 1031 exchange opportunity. This property is located in Wilmington/Border with Carson. All units in great livable condition, all units are well maintained. Unit 1#- 2Bed 1 Bath. (Currently as Beauty Salon/Great Condition). - 2nd Bldng./2Units 2bed 1.5bath each.(Common wall). - 3rd Building/ 5bed 5bath with 2 Master Bedrooms. Each unit includes garage parking vial alley. Seperate meters.

Last Agent to Sell the Property

Gerlin Munoz

Berkshire Hathaway HSCP License #01772541 Listed on: 06/28/2016

Berkshire Hathaway HSCP

Last Buyer's Agent

Victoria Gibo

Re/Max R. E. Specialists License #01876306

Re/Max R. E. Specialists

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,242

Year Built

  • Built in 1946

Lot Details

  • 5,661 Sq Ft Lot
  • 1 Common Wall

Parking

  • 4 Car Garage

Home Design

  • 5,671 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tax Lot 145
  • Tax Tract Number 1464
  • Assessor Parcel Number 7421021027

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $120
  • Insurance Expense $200
  • Trash Expense $30
  • Water Sewer Expense $150
  • New Taxes Expense $3,000
  • Gross Income $7,900
  • Net Operating Income $90,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,242

Year Built

Built in 1946

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 150.00
  • Property Type: Residential Income
  • Parcel Number: 7421021027
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 140.19

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 30.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 5661.00
  • Price Per Lot Square Foot: 140.43

Multi Family

  • Electric Expense: 120.00
  • Gross Income: 7900.00
  • Gross Scheduled Income: 94500.00
  • Insurance Expense: 200.00
  • Net Operating Income: 90940.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Operating Expense: 3560.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3000.00
  • Tax Lot: 145
  • Tax Tract Number: 1464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel
Current Estimated Value
$1,372,586

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

Listed on
Jun 28, 2016
Closed on
Dec 8, 2016
Sold by
Garibay Salvador
Bought by
Garibay Alejandro and Garibay Agripina
Seller's Agent
Gerlin Munoz
Berkshire Hathaway HSCP
Buyer's Agent
Victoria Gibo
Re/Max R. E. Specialists
List Price
$795,000
Sold Price
$795,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Oct 12, 2016
Sold by
Ibarra Laura Elena
Bought by
Garibay Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$734,800
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2016
Sold by
Garibay Alejandro and Garibay Agripina
Bought by
Kta Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$734,800
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 26, 2007
Sold by
Garibay Alejandro and Garibay Agripina
Bought by
Garibay Alejandro and Garibay Agripina

Purchase Details

Closed on
Jan 10, 2006
Sold by
Garibay Alejandra
Bought by
Garibay Alejandro and Garibay Agripina

Purchase Details

Closed on
Oct 29, 2004
Sold by
Lara Miguel
Bought by
Garibay Alejandro and Garibay Alejandra

Purchase Details

Closed on
May 27, 2002
Sold by
Garibay Agripina M
Bought by
Garibay Alejandro

Purchase Details

Closed on
Oct 15, 2001
Sold by
Lopez Eleazar and Lopez Olga
Bought by
Lara Miguel and Garibay Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,947
Interest Rate
6.83%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 2000
Sold by
Esqueda Arturo S
Bought by
Lopez Eleazar and Lopez Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,324
Interest Rate
8.13%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 2000
Sold by
Bastidas Manuela Delgado
Bought by
Esqueda Arturo S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,324
Interest Rate
8.13%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2000
Sold by
Rodriguez Richard and Payares Eileen
Bought by
Esqueda Arturo S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,324
Interest Rate
8.13%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 1998
Sold by
Payares Carmen G and Payares Carmen Garcia
Bought by
Payares Carmen Garcia and Rodriguez Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,250
Interest Rate
7%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Tegel -- --
Garibay Alejandro -- Orange Coast Title Company
Garibay Salvador -- Orange Coast Title Company
Garibay Carlos -- None Available
Kta Properties Llc $795,000 Orange Coast Title Company
Garibay Alejandro -- None Available
Garibay Alejandro -- None Available
Garibay Alejandro -- --
Garibay Alejandro -- First American Title Co
Garibay Salvador -- First American Title Co
Lara Miguel $327,000 First American Title Co
Lopez Eleazar -- --
Esqueda Arturo S -- First American Title Co
Esqueda Arturo S $205,000 First American Title Co
Payares Carmen Garcia -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tegel --
Previous Owner Kta Properties Llc $734,800
Previous Owner Lara Miguel $321,947
Previous Owner Esqueda Arturo S $203,324
Previous Owner Payares Carmen Garcia $133,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2016 12/16/16 Sold $795,000 0.0% $140 / Sq Ft
06/28/2016 06/28/16 For Sale $795,000 -- $140 / 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
2025 $19,242 $922,659 $400,399 $522,260
2024 $19,242 $904,569 $392,549 $512,020
2023 $19,026 $886,833 $384,852 $501,981
2022 $18,513 $869,445 $377,306 $492,139
2021 $18,358 $852,398 $369,908 $482,490
2019 $10,395 $827,118 $358,938 $468,180
2018 $10,257 $810,900 $351,900 $459,000
2016 $6,054 $467,953 $153,130 $314,823
2015 $5,971 $460,925 $150,830 $310,095
2014 $6,003 $451,897 $147,876 $304,021
Source: Public Records

Agents Affiliated with this Home

  • Gerlin Munoz

    Seller's Agent in 2016

    Gerlin Munoz

    Berkshire Hathaway HSCP

    (323) 718-2022

    10 Total Sales

    Gerlin Munoz
    Section Image
  • Victoria Gibo

    Buyer's Agent in 2016

    Victoria Gibo

    RE/MAX

    (562) 810-8125

    27 Total Sales

    Victoria Gibo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16140323

California Regional Multiple Listing Service (CRMLS)

APN: 7421-021-027

California Los Angeles County Wilmington 90744

1543 N Avalon Blvd, Wilmington, CA

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