NOT LISTED FOR SALE

Estimated Value: $886,000 - $1,072,000

4 Beds
2 Baths
1,916 Sq Ft
$494/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $810,000 $423 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,934/month

21 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Laundry Room
  • Granite Countertops
  • Cooling System Mounted To A Wall/Window
  • Accessible Parking

About This Home

As of January 2022

Where can you find a turn key investment property on a beautiful block? Right here! This extremely well maintained duplex is just what you have been looking for! Both units are two bedrooms and one bath with over 900 sf in living space per unit. The front unit, 1627 E 64th Street has been completely remodeled within the last 5 years. The back unit, 1627 E 64th is original but so well kept it is in amazing condition. The front unit has a front yard, 1-car garage and additional off street parking space, remodeled kitchen and bath, laminate flooring and more. It is tenant occupied with a long term tenant of five years. The back unit is owner occupied and will be delivered vacant at closing so that you can be an owner occupant and have help with your mortgage payment! This is a fantastic opportunity for someone to buy their first home! Each unit has a brick fireplace, large living room that opens onto a large kitchen with plenty of counter and cabinet space. The back unit has it's own private back yard and a 2 car garage as well. Both units have laundry hook ups in the garages.

Last Agent to Sell the Property

Wendy Rich-Soto

Keller Williams Palos Verdes License #01311750 Listed on: 11/15/2021

Keller Williams Palos Verdes

Last Buyer's Agent

Drew Baker

Remco - A. R. E. & Mgmt. Co. License #00615595

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,969

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 5,165 Sq Ft Lot
  • No Units Located Below
  • Two or More Common Walls
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Two Garage Doors
  • Off-Street Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,916 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Panel Doors
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Not Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, telephone
  • Tax Lot 53
  • Tax Tract Number 7894
  • Assessor Parcel Number 7114016055
  • $461 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Gardener Expense $60
  • Insurance Expense $800
  • Trash Expense $90
  • Water Sewer Expense $67
  • Operating Expense $217
  • Gross Income $20,400
  • Net Operating Income $16,996

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,969

Year Built

Built in 1971 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Appliances
  • Price Per Unit: 369500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 67.00
  • Zoning: LBR2N
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 60.00
  • Parcel Number: 7114016055
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Tile Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Below
  • Flooring: Carpet, Laminate
  • Accessibility Features: Parking, See Remarks
  • Appliances: Yes
  • Door Features: Panel Doors
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 422.76
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Garage - Two Door, Off Street
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Not Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 90.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 5165.00
  • Lot Size Acres: 0.1186

Rental Info

  • Tenant Pays: Electricity, Telephone

Multi Family

  • Average2 Bed Area: 958 Square Feet
  • Gross Income: 20400.00
  • Gross Scheduled Income: 20400.00
  • Insurance Expense: 800.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 5165.0000 Square Feet
  • Net Operating Income: 16996.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3404.00
  • Rent Control: Yes
  • Total Actual Rent: 1700.00
  • Total Expenses: 217.00

Tax Info

  • Tax Census Tract: 5705.02
  • Tax Lot: 53
  • Tax Tract Number: 7894
  • TaxOtherAnnualAssessmentAmount: 461.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Jan 18, 2022
Sold by
Mason Elizabeth J
Bought by
Mason Keith A
Seller's Agent
Wendy Rich-Soto
Keller Williams Palos Verdes
Buyer's Agent
Drew Baker
Remco - A. R. E. & Mgmt. Co.
List Price
$739,000
Sold Price
$810,000
Premium/Discount to List
$71,000
9.61%
Current Estimated Value
$946,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,965
Avg. Annual Appreciation
4.31%
Original Mortgage
$532,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2021
Closed on
Nov 30, 2021
Sold by
Doris Van Ginkle Trust
Bought by
Mason Keith A and Mason Daniel
Seller's Agent
Wendy Rich-Soto
Keller Williams Palos Verdes
Buyer's Agent
Drew Baker
Remco - A. R. E. & Mgmt. Co.
List Price
$739,000
Sold Price
$810,000
Premium/Discount to List
$71,000
9.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2017
Sold by
Vanginkle Doris Jean
Bought by
Vanginkle Doris and Doris Van Ginkle Trust

Purchase Details

Closed on
Nov 6, 2002
Sold by
Vanginkle Doris Jean
Bought by
Vanginkle Doris Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.89%

Purchase Details

Closed on
May 8, 1997
Sold by
Vanginkle Doris
Bought by
Vanginkle Doris Jean and The Doris Van Ginkle Trust
Source: Public Records

Range of Values:

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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
Mason Keith A -- Fidelity National Title
Mason Keith A $810,000 Fidelity National Title
Vanginkle Doris -- None Available
Vanginkle Doris Jean -- Southland Title
Vanginkle Doris Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mason Keith A $532,000
Previous Owner Vanginkle Doris Jean $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2022 01/26/22 Sold $810,000 +9.6% $423 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $739,000 -8.8% $386 / Sq Ft
11/20/2021 11/20/21 Off Market $810,000 -- --
11/15/2021 11/15/21 For Sale $739,000 -- $386 / 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 $10,969 $859,577 $382,034 $477,543
2024 $10,969 $842,724 $374,544 $468,180
2023 $10,786 $826,200 $367,200 $459,000
2022 $1,932 $128,010 $31,770 $96,240
2021 $1,879 $125,501 $31,148 $94,353
2020 $1,873 $124,615 $30,829 $93,786
2019 $1,851 $122,180 $30,225 $91,955
2018 $1,718 $119,793 $29,633 $90,160
2016 $1,571 $114,758 $28,483 $86,275
2015 $1,514 $113,036 $28,056 $84,980
2014 $1,515 $110,823 $27,507 $83,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21246561

California Regional Multiple Listing Service (CRMLS)

APN: 7114-016-055