Seller's Agent in 2019
Jordan Tanner
Realty Executives Homes
(661) 373-4548
41 Total Sales
1713 257th St Lomita, CA 90717
Harbor City NeighborhoodEstimated Value: $1,236,709 - $1,336,000
6
Beds
4
Baths
3,403
Sq Ft
$384/Sq Ft
Est. Value
Highlights
- Two Homes on a Lot
- Forced Air Heating System
- 1-Story Property
- Laundry Room
- Front Yard
About This Home
As of February 2019Two large homes with separate addresses situated on a large lot in a prime location in Lomita.
The property has been well-maintained with a long history of good tenants. The front home has 3 bedrooms, 2 bathrooms, a bonus room which can be used as a fourth bedroom or an office, in-unit laundry area, entertainers patio, newer flooring, newer paint, ceiling fans, recessed lighting, sufficient parking and a basement storage area with interior access. Potential Upswing with the master bedroom which has a separate entrance from the back of the home and its own ensuite bathroom.
The house on the back has its own address and has 3 bedrooms, 2 bathrooms, in-unit laundry area, large closets, nice master bedroom with bathroom, attached two car garage with it’s own driveway accessed from a no-through street.
The property has convenient freeway access and is walkable to shops, stores and restaurants as is a 15 minute drive to the Redondo Beach Pier.
Last Agent to Sell the Property
Realty Executives Homes License #01954359 Listed on: 12/31/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,737
Year Built
- Built in 1993
Lot Details
- 8,965 Sq Ft Lot
- No Common Walls
- Front Yard
Parking
- 2 Open Parking Spaces
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 3,403 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Additional Homes
- Two Homes on a Lot
Utilities
- Forced Air Heating System
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 9
- Tax Tract Number 1589
- Assessor Parcel Number 7410011018
Community Details
Overview
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,300
- Other Expense $111
- New Taxes Expense $12,000
- Operating Expense $13,411
- Gross Income $58,200
- Net Operating Income $44,789
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 29, 2023
Sold by
Mamman Shanty M and Mamman Cherian
Bought by
Cherian And Mamman Revocable Living Trust and Mamman
Current Estimated Value
Purchase Details
Listed on
Dec 31, 2018
Closed on
Feb 19, 2019
Sold by
Rice Michael and Rice Edith
Bought by
Cherian Mamman Shanty M and Cherian Koshy
Seller's Agent
Jordan Tanner
Realty Executives Homes
Buyer's Agent
Jordan Tanner
Realty Executives Homes
List Price
$880,000
Sold Price
$840,000
Premium/Discount to List
-$40,000
-4.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$584,500
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 24, 2014
Sold by
Rice Michael and Rice Edith
Bought by
Rice Michael and Rice Edith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,000
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2009
Sold by
Shannon William C and Shannon Jacqueline S
Bought by
Rice Michael A and Rice Edith H
Purchase Details
Closed on
Jan 26, 2007
Sold by
Shannon William C and Shannon Jacqueline S
Bought by
Rice Michael and Rice Edith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
6.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 18, 2005
Sold by
Carpenter Steven L
Bought by
Shannon William C and Shannon Jacqueline S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Cherian And Mamman Revocable Living Trust | -- | None Listed On Document | |
| Cherian Mamman Shanty M | $835,000 | Orange Coast Title Co | |
| Rice Michael | -- | Lawyers Title | |
| Rice Michael A | $5,000 | None Available | |
| Rice Michael | -- | First American Title Ins Co | |
| Shannon William C | $680,000 | Southland Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mamman Shanty M | $510,000 | |
| Previous Owner | Mamman Shanty M | $574,000 | |
| Previous Owner | Mamman Shanty M | $584,500 | |
| Previous Owner | Cherian Mamman Shanty M | $584,500 | |
| Previous Owner | Rice Michael | $517,000 | |
| Previous Owner | Rice Michael | $635,000 | |
| Previous Owner | Prince Jewelene | $11,415 | |
| Previous Owner | Shannon William C | $607,500 | |
| Previous Owner | Shannon William C | $483,000 | |
| Previous Owner | Carpenter Steven L | $118,000 | |
| Previous Owner | Carpenter Steven L | $100,000 | |
| Previous Owner | Carpenter Steven L | $40,000 | |
| Previous Owner | Carpenter Steven L | $225,600 | |
| Closed | Shannon William C | $69,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2019 02/21/19 | Sold | $840,000 | -4.5% | $247 / Sq Ft |
| 01/22/2019 01/22/19 | Pending | -- | -- | -- |
| 12/31/2018 12/31/18 | For Sale | $880,000 | -- | $259 / 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 |
|---|---|---|---|---|
| 2025 | $11,737 | $931,453 | $513,136 | $418,317 |
| 2024 | $11,737 | $913,190 | $503,075 | $410,115 |
| 2023 | $11,515 | $895,285 | $493,211 | $402,074 |
| 2022 | $10,994 | $877,732 | $483,541 | $394,191 |
| 2021 | $10,846 | $860,522 | $474,060 | $386,462 |
| 2020 | $10,950 | $851,700 | $469,200 | $382,500 |
| 2019 | $12,380 | $992,625 | $701,408 | $291,217 |
| 2018 | $12,209 | $973,162 | $687,655 | $285,507 |
| 2016 | $8,848 | $700,000 | $491,900 | $208,100 |
| 2015 | $8,843 | $700,000 | $491,900 | $208,100 |
| 2014 | $8,188 | $630,000 | $442,700 | $187,300 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR18297673
APN: 7410-011-018
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