NOT LISTED FOR SALE

1715 254th St Lomita, CA 90717

Estimated Value: $1,153,000 - $1,541,000

6 Beds
4 Baths
3,035 Sq Ft
$430/Sq Ft Est. Value

Last Sold March 10, 2015

Last sale price $745,000 $245 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $7,735/month

126 Days on Market

About This Home

As of March 2015

Property is located in Lomita P.O., City of Los Angeles. The first building, the front house is 3 bedrooms, 1.5 baths, approx. 1655 sqft living area, Master bedroom, spacious kitchen, separate laundry room. The second building in the back as per tax records is a 3 bedroom, 2 bath, approximately 1380 sqft unit over a 4 car garage (2 separate 2 car garages). Building 2 is currently used as two units divided into a 2 bedrooms, 1 bath with kitchen, living room, dining . The second unit is a 1 bedroom, 1 bath with living room and mini kitchen with sink, fridge and microwave, no stove. The front house was built in 1957 but the second building was added in 1982. Proforma rents: front house $2300, back two bedroom for $1700, and and the one bedroom, one bath for $800. or convert the unit back to the original 3 bedrooms, 2 baths, for $2300.Buyers to verify with the appropriate resources & professionals regarding the actual rent potential and rent control of all units.

Last Agent to Sell the Property

Shar Farrokhsiar

Estate Properties License #00944640 Listed on: 09/12/2014

Estate Properties

Last Buyer's Agent

Penny Brincat

Estate Properties License #01748151

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 8,505 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls

Parking

  • 4 Car Garage
  • Parking Available
  • Shared Driveway

Home Design

  • 3,035 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 1589
  • Assessor Parcel Number 7410014020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Property Type: Residential Income
  • Parcel Number: 7410014020
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 245.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Shared Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 8505.00
  • Lot Size Acres: 0.1950

Multi Family

  • Lot Size Area: 8505.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 1589

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2023
Sold by
Portillo Larry
Bought by
Portillo Larry
Current Estimated Value
$1,305,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$170,286
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$1,135,451

Purchase Details

Listed on
Sep 12, 2014
Closed on
Jan 26, 2015
Sold by
Assembly Of God Harbor City Inc
Bought by
Portillo Larry
Seller's Agent
Shar Farrokhsiar
Estate Properties
Buyer's Agent
Penny Brincat
Estate Properties
List Price
$770,000
Sold Price
$745,000
Premium/Discount to List
-$25,000
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$240,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2010
Sold by
Pruett Robert F and Pruett Naomi H
Bought by
Assembly Of God Harbor City Inc

Purchase Details

Closed on
Apr 21, 2003
Sold by
Pruett Robert F and Pruett Naomi H
Bought by
Pruett Robert F and Pruett Naomi H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
5.72%

Purchase Details

Closed on
Sep 25, 2001
Sold by
Pruett Robert F and Pruett Naomi H
Bought by
Pruett Robert F and Pruett Naomi H

Purchase Details

Closed on
Jun 6, 2001
Sold by
Pruett Robert F and Pruett Naomi H
Bought by
Pruett Robert F and Pruett Naomi H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.15%

Purchase Details

Closed on
Jan 18, 2000
Sold by
Pruett Robert F and Pruett Naomi H
Bought by
Pruett Robert F and Pruett Naomi H

Purchase Details

Closed on
Apr 13, 1999
Sold by
Family Trust Pruett Robert F And Naomi H Trs
Bought by
Pruett Robert F and Pruett Naomi H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,250
Interest Rate
6.84%

Purchase Details

Closed on
Jun 15, 1993
Sold by
Pruett Robert F and Pruett Naomi H
Bought by
Pruett Robert F and Pruett Naomi H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Portillo Larry -- Stewart Title Of California In
Portillo Larry $745,000 Progressive
Assembly Of God Harbor City Inc $700,000 Fidelity National Title Co
Pruett Robert F -- Chicago Title Co
Pruett Robert F -- Chicago Title Co
Pruett Robert F -- --
Pruett Robert F -- Fidelity National Title Co
Pruett Robert F -- --
Pruett Robert F -- Fidelity National Title Co
Pruett Robert F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Portillo Larry $175,000
Previous Owner Portillo Larry $240,000
Previous Owner Pruett Robert F $214,000
Previous Owner Pruett Robert F $215,000
Previous Owner Pruett Robert F $162,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2015 03/10/15 Sold $745,000 -3.2% $245 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
09/12/2014 09/12/14 For Sale $770,000 -- $254 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,371 $895,365 $540,827 $354,538
2024 $11,371 $877,810 $530,223 $347,587
2023 $11,157 $860,599 $519,827 $340,772
2022 $10,656 $843,726 $509,635 $334,091
2021 $10,516 $827,184 $499,643 $327,541
2020 $10,615 $818,703 $494,520 $324,183
2019 $10,211 $802,651 $484,824 $317,827
2018 $10,045 $786,914 $475,318 $311,596
2016 $9,589 $756,360 $456,862 $299,498
2015 $9,463 $746,201 $447,721 $298,480
2014 $9,501 $731,585 $438,951 $292,634
Source: Public Records

Agents Affiliated with this Home

  • Shar Farrokhsiar

    Seller's Agent in 2015

    Shar Farrokhsiar

    RE/MAX

    (310) 200-7939

    2 in this area

    29 Total Sales

    Shar Farrokhsiar
    Section Image
  • Penny Brincat

    Buyer's Agent in 2015

    Penny Brincat

    RE/MAX

    (310) 376-2225

    20 Total Sales

    Penny Brincat
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14198158

California Regional Multiple Listing Service (CRMLS)

APN: 7410-014-020

California Los Angeles County Lomita 90717

1715 254th St, Lomita, CA

Not Listed for Sale

MultiFamily

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