NOT LISTED FOR SALE

Estimated Value: $986,000 - $1,242,358

4 Beds
3 Baths
1,916 Sq Ft
$577/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $955,000 $498 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,056/month

10 Days on Market

Highlights

  • Golf Course Community
  • All Bedrooms Downstairs
  • Lawn
  • Fishing
  • Stone Countertops
  • Hiking Trails

About This Home

As of December 2022

This property is perfect for an investor or for an owner-user, as the front unit can be delivered vacant at the close of escrow! Venture up the porch of the one-level detached unit and enter through the front door into the cheerful living room. Proceed into the sunny and bright kitchen with upgraded countertops, sparkling white cabinetry, and a dining area. This unit is roomy and spacious with two bedrooms, a remodeled bathroom, and an office. At the back of the property there is a 3-car garage with a beautifully remodeled two-bedroom, two-bathroom unit above the garages. For entertaining, you will enjoy the expansive yard areas on this 8,341 sq ft lot. This property is in a very convenient location for commuters, and is close to shopping, schools, and transportation. Hurry before it is too late!

Last Agent to Sell the Property

Danielle Whitney Moore

Keller Williams Realty License #01715547 Listed on: 10/07/2022

Keller Williams Realty

Co-Listed By

Lauren Yi

Keller Williams Realty License #02100328

Last Buyer's Agent

Michael Harper

HH Coastal Real Estate License #01381971

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,397

Year Built

  • Built in 1928

Lot Details

  • 8,341 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot
  • Lawn
  • Back and Front Yard

Parking

  • 3 Car Garage
  • 12 Open Parking Spaces
  • Parking Available
  • Side Facing Garage

Interior Spaces

  • 1,916 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Carpet
  • Laundry Room

Kitchen

  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Freezer
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 3 Bathrooms

Accessible Home Design

  • No Interior Steps
  • Entry Slope Less Than 1 Foot
  • Accessible Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 2 / 24
  • Tax Tract Number 1589
  • Assessor Parcel Number 7410015052

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Military Land

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,383
  • Gross Income $56,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,397

Year Built

Built in 1928

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Price Per Unit: 500000
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 7410015052
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Stone Counters, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: Entry Slope Less Than 1 Foot, No Interior Steps, Parking
  • Appliances: Yes
  • Price Per Square Foot: 498.43
  • Room Type: All Bedrooms Down, All Bedrooms Up, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Side
  • Total Parking Spaces: 15.00
  • Uncovered Spaces: 12.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Freezer, Gas Range, Range Hood, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Fishing, Golf, Hiking, Park, Watersports, Military Land, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 8341.00
  • Lot Size Acres: 0.1915

Multi Family

  • Gross Income: 56400.00
  • Gross Scheduled Income: 56400.00
  • Insurance Expense: 1383.00
  • Lot Size Area: 8341.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 24
  • Tax Census Tract: 2933.04
  • Tax Lot: 2
  • Tax Tract Number: 1589

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Nov 18, 2022
Sold by
Castrellon David C
Bought by
Lomita 252 Llc
Seller's Agent
Danielle Whitney Moore
Keller Williams Realty
Buyer's Agent
Michael Harper
HH Coastal Real Estate
List Price
$1,000,000
Sold Price
$955,000
Premium/Discount to List
-$45,000
-4.5%
Views
38
Current Estimated Value
$1,105,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,340
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
Apr 22, 2008
Sold by
Grenier Steven Edward and Grenier Patricia Lynn
Bought by
Castrellon David C and Castrellon Maria Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,400
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2008
Sold by
Castrellon Guadalupe
Bought by
Castrellon Maria Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,400
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2003
Sold by
Grenier Steven Edward and Grenier Patricia Lynn
Bought by
Grenier Steven Edward and Grenier Patricia Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1999
Sold by
Grenier Steven E and Grenier Patricia L
Bought by
Grenier Steven Edward and Grenier Patricia Lynn
Source: Public Records

Range of Values:

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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
Lomita 252 Llc $955,000 Fidelity National Title
Castrellon David C $580,000 Fidelity National Title
Castrellon Maria Cecilia -- Fidelity National Title Co
Grenier Steven Edward -- Investors Title
Grenier Steven Edward -- Investors Title Company
Grenier Steven Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castrellon David C $521,400
Previous Owner Grenier Steven Edward $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $955,000 -4.5% $498 / Sq Ft
10/07/2022 10/07/22 For Sale $1,000,000 -- $522 / 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 $12,397 $993,582 $832,320 $161,262
2024 $12,397 $974,100 $816,000 $158,100
2023 $12,158 $955,000 $800,000 $155,000
2022 $8,792 $717,888 $556,987 $160,901
2021 $8,675 $703,813 $546,066 $157,747
2020 $8,757 $696,597 $540,467 $156,130
2019 $7,676 $620,000 $479,100 $140,900
2018 $7,728 $620,000 $479,100 $140,900
2016 $6,826 $550,000 $425,000 $125,000
2015 $6,821 $550,000 $425,000 $125,000
2014 $6,975 $550,000 $425,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22215880

California Regional Multiple Listing Service (CRMLS)

APN: 7410-015-052