NOT LISTED FOR SALE

1631 Broad Ave Wilmington, CA 90744

Estimated Value: $663,000 - $807,216

5 Beds
3 Baths
1,764 Sq Ft
$414/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $685,000 $388 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,912/month

6 Days on Market

About This Home

As of August 2024

Location, Location! Duplex tremendous potential in the much sought after city of Wilmington. Two houses on a lot, featuring one 3-bed/2 bath front house and a 2-bed/1bath back house. HUGE Corner lot, detached garage which gives you the possibilities to build additional units( buyer to verify). These units need to be updated but have tremendous potential and are ideal for a builder, developer and/or long-term hold with immediate value. Delivered Vacant. To be sold in As-Is Condition. Not to be missed!

Last Agent to Sell the Property

Carlos Villegas

eXp Realty of California Inc License #01775788 Listed on: 07/18/2024

eXp Realty of California Inc

Last Buyer's Agent

Iris Arechiga

eXp Realty of California Inc. License #01991166

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 5,242 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,764 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Car Garage
  • On-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 7422-003-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1764
  • Lot Acreage: 0.1203
  • Year Built: 1945
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 368.48

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 2 Car, On street

Utilities

  • Cooling: Wall/Window
  • Heating: Electric

Lot Info

  • Assessed Improvement Percent: 63.36
  • Assessed Improvement Value: 48440
  • Assessed Land Percent: 36.64
  • Assessed Land Value: 28012
  • Total Assessed Value: 76452
  • Assessor Parcel Number: 7422-003-013
  • Lot Size Area: 5242

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2025
Sold by
Daneshvar Hamid R
Bought by
Hamid R Daneshvar Family Trust and Daneshvar
Current Estimated Value
$729,804

Purchase Details

Listed on
Jul 18, 2024
Closed on
Aug 7, 2024
Sold by
Touchard Barbara
Bought by
Daneshvar Hamid
Seller's Agent
Carlos Villegas
eXp Realty of California Inc
Buyer's Agent
Iris Arechiga
eXp Realty of California Inc.
List Price
$650,000
Sold Price
$685,000
Premium/Discount to List
$35,000
5.38%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$650,750
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2016
Sold by
Touchard Barbara and The Norma Almira Touchard 1994
Bought by
Touchard Barbara

Purchase Details

Closed on
Apr 20, 2006
Sold by
Touchard Norma Almira
Bought by
Fam Touchard Norma Almira and Fam Norma Almira Touchard 1994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 1994
Sold by
Touchard Norma Almira
Bought by
Norma Almira Touchard 1994 Family Living

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,100
Interest Rate
5.6%

Purchase Details

Closed on
Sep 28, 1994
Sold by
Touchard Norma Almira
Bought by
Touchard Norma Almira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,100
Interest Rate
5.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hamid R Daneshvar Family Trust -- None Listed On Document
Daneshvar Hamid $685,000 Old Republic Title Company
Touchard Barbara -- None Available
Fam Touchard Norma Almira -- Southland Title
Touchard Norma Almira -- Southland Title
Norma Almira Touchard 1994 Family Living -- First American Title Co
Touchard Norma Almira -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daneshvar Hamid $650,750
Previous Owner Touchard Norma Almira $200,000
Previous Owner Norma Almira Touchard 1994 Family Living $61,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $685,000 +5.4% $388 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $650,000 -- $368 / Sq Ft
Source: The MLS

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 $1,203 $685,000 $500,000 $185,000
2024 $1,203 $77,980 $28,572 $49,408
2023 $1,185 $76,452 $28,012 $48,440
2022 $1,137 $74,954 $27,463 $47,491
2021 $1,113 $73,485 $26,925 $46,560
2020 $1,117 $72,732 $26,649 $46,083
2019 $1,084 $71,307 $26,127 $45,180
2018 $1,008 $69,910 $25,615 $44,295
2017 $986 $68,540 $25,113 $43,427
2016 $943 $67,197 $24,621 $42,576
2015 $931 $66,189 $24,252 $41,937
2014 $947 $64,893 $23,777 $41,116
Source: Public Records

Agents Affiliated with this Home

  • Carlos Villegas

    Seller's Agent in 2024

    Carlos Villegas

    eXp Realty of California Inc

    (661) 619-7335

    1 in this area

    102 Total Sales

    Carlos Villegas
    Section Image

  • I

    Buyer's Agent in 2024

    Iris Arechiga

    eXp Realty of California Inc.

    (562) 444-3800

    1 in this area

    23 Total Sales

    Iris Arechiga
    Section Image
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Map

Source: The MLS

MLS Number: 24-416873

The MLS

APN: 7422-003-013

California Los Angeles County Wilmington 90744

1631 Broad Ave, Wilmington, CA

Not Listed for Sale

MultiFamily

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