Seller's Agent in 2016
Steffan Braunlich
Berkadia
(310) 209-3209
20 Total Sales
1627 E Palm Ave Unit 3 El Segundo, CA 90245
Estimated Value: $2,087,000 - $2,782,000
9
Beds
5
Baths
3,399
Sq Ft
$710/Sq Ft
Est. Value
Highlights
- 8 Car Garage
- Center Street Elementary Rated A+
- 3-minute walk to Washington Park
About This Home
As of September 2016Also Available - 1625 E Palm (adjacent fourplex), sold together or separately. 1627 East Palm Ave is a 3,399 square foot, 4-unit apartment building located in the desirable El Segundo rental market. The asset was built in 1955 and sits on a 7,294 square foot lot. The unit mix consists of three units that are two-bed with one bath and one unit that is a three-bed with two baths. The property contains a garage that can accommodate four vehicles plus parking in front of the garage for an additional four vehicles. All units are separately metered for gas and electricity. Units all contain private back or side yards with the exception of the upstairs unit that has a private rooftop deck. 1627 East Palm is fully occupied and in good cosmetic condition with recent upgrades and renovations to several of the apartments.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $30,219
Year Built
- Built in 1955
Lot Details
- 7,924 Sq Ft Lot
Parking
- 8 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 3,399 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 4139-018-028
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 4, 2018
Sold by
Palm Es Llc
Bought by
1625 E Palm Ave Llc
Total Days on Market
26
Current Estimated Value
Purchase Details
Listed on
Jul 11, 2016
Closed on
Sep 21, 2016
Sold by
Shire Lucretia L
Bought by
Palm Es Llc
Seller's Agent
Steffan Braunlich
Berkadia
Buyer's Agent
Steffan Braunlich
Berkadia
List Price
$1,788,000
Sold Price
$1,585,000
Premium/Discount to List
-$203,000
-11.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%
Original Mortgage
$1,400,000
Interest Rate
3.43%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 12, 2010
Sold by
Witherington Walter Whitfield and Witherington Walter Whitfield
Bought by
Shire Lucretia L and Lucretia Leigh Shire Trust
Purchase Details
Closed on
Oct 23, 1996
Sold by
Shire Lucretia Leigh
Bought by
Shire Lucretia Leigh and Lucretia Leigh Shire Trust
Purchase Details
Closed on
May 15, 1996
Sold by
Witherington Walter W
Bought by
Witherington Walter Whitfield and Walter Whitfield Witherington Jr Trust
Purchase Details
Closed on
Mar 13, 1996
Sold by
Witherington Walter W
Bought by
Witherington Walter W and Shire Lucretia Leigh
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1625 E Palm Ave Llc | $4,900,000 | First American Title Company | |
| Palm Es Llc | $1,585,000 | First American Title Company | |
| Shire Lucretia L | $510,000 | Provident Title Company | |
| Shire Lucretia Leigh | -- | -- | |
| Witherington Walter Whitfield | -- | -- | |
| Witherington Walter W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1625 E Palm Ave Llc | $1,225,000 | |
| Previous Owner | Palmes Llc | $2,925,000 | |
| Previous Owner | Palm Es Llc | $1,400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2016 09/29/16 | Sold | $1,585,000 | -11.4% | $466 / Sq Ft |
| 07/11/2016 07/11/16 | For Sale | $1,788,000 | -- | $526 / Sq Ft |
Source: The MLS
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 | $30,219 | $2,679,430 | $1,312,373 | $1,367,057 |
| 2023 | $29,416 | $2,626,893 | $1,286,641 | $1,340,252 |
| 2022 | $29,742 | $2,575,386 | $1,261,413 | $1,313,973 |
| 2021 | $29,334 | $2,524,889 | $1,236,680 | $1,288,209 |
| 2019 | $28,333 | $2,450,000 | $1,200,000 | $1,250,000 |
| 2018 | $17,998 | $1,616,700 | $1,065,900 | $550,800 |
| 2016 | $6,335 | $545,685 | $366,496 | $179,189 |
| 2015 | $6,258 | $537,489 | $360,991 | $176,498 |
| 2014 | $6,152 | $526,961 | $353,920 | $173,041 |
Source: Public Records
Agents Affiliated with this Home
-
Steffan Braunlich
Map
Similar Home in El Segundo, CA
Source: The MLS
MLS Number: 16-142868
APN: 4139-018-028
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