Seller's Agent in 2019
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
(310) 606-0939
88 Total Sales
1736 254th St Lomita, CA 90717
Estimated Value: $957,000 - $1,128,000
5
Beds
3
Baths
1,750
Sq Ft
$600/Sq Ft
Est. Value
About This Home
As of March 2019We are pleased to present this charming duplex in Lomita. Located between South Torrance and Rolling Hills, the property is less than three miles from the Port of Long Beach. Situated on a 5,125 SF lot, each unit is its own freestanding structure. Built in 1928, the front house consists of 3 bedrooms and 2 bathrooms with a total living area of 1,142 SF. The back unit was built in 1960 and consists of 2 bedrooms and 1 bathroom with a total living area of 608 SF. Each unit is individually metered for gas and electricity. There are 2 allocated parking spaces per unit, for a total of 4 on-site spaces. The front unit features a 2-car covered carport, and the back unit uncovered.
Each unit has recently been fully updated with hardwood flooring, stainless steel appliances, new cabinetry, countertops, and various other updates. The front house features a sunroom and has a beautiful gravel side yard with bountiful fruit trees (Orange, Kumquat, Grapefruit, Mandarin, Plum, Lime, Lemon, Fig, and Blood Orange). The front house has an attached tool-shed and both units feature external storage units. This turnkey property is an excellent opportunity for an owner-user and an investor alike. Do not miss out on this opportunity!
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01981597 Listed on: 01/10/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,597
Year Built
- Built in 1928
Lot Details
- 5,125 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Home Design
- 1,750 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 2 Open Parking Spaces
- 4 Parking Spaces
- 2 Carport Spaces
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 1589
- Assessor Parcel Number 7410013010
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $613
- Maintenance Expense $1,530
- Trash Expense $600
- Water Sewer Expense $600
- New Taxes Expense $9,988
- Operating Expense $13,930
- Gross Income $51,000
- Net Operating Income $35,540
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2019
Closed on
Mar 5, 2019
Sold by
The Jason Orefice 2014 Trust
Bought by
Marquess Dylan and Marquess Lara
Seller's Agent
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Lara Marquess
Century 21 Union Realty
List Price
$849,000
Sold Price
$765,000
Premium/Discount to List
-$84,000
-9.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,259
Avg. Annual Appreciation
4.16%
Original Mortgage
$736,415
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 6, 2014
Sold by
Orefice Jason
Bought by
Orefice Jason and Jason Orefice 2014 Trust
Purchase Details
Closed on
Nov 30, 2007
Sold by
Bartholomew Nancy and Elswick Living Trust
Bought by
Orefice Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,400
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 12, 2007
Sold by
Elswick Hilda M
Bought by
Elswick Hilda M and Bartholomew Nancy
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 |
|---|---|---|---|
| Marquess Dylan | $765,000 | Fidelity National Title Co | |
| Orefice Jason | -- | None Available | |
| Orefice Jason | $535,000 | Progressive Title Company | |
| Elswick Hilda M | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marquess Dylan | $740,842 | |
| Closed | Marquess Dylan F | $736,808 | |
| Closed | Marquess Dylan | $736,415 | |
| Previous Owner | Orefice Jason | $481,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2019 03/12/19 | Sold | $765,000 | -9.9% | $437 / Sq Ft |
| 01/28/2019 01/28/19 | Pending | -- | -- | -- |
| 01/26/2019 01/26/19 | Price Changed | $849,000 | +6.3% | $485 / Sq Ft |
| 01/24/2019 01/24/19 | Price Changed | $799,000 | -5.9% | $457 / Sq Ft |
| 01/10/2019 01/10/19 | For Sale | $849,000 | -- | $485 / 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 |
|---|---|---|---|---|
| 2024 | $10,597 | $836,635 | $492,139 | $344,496 |
| 2023 | $10,412 | $820,232 | $482,490 | $337,742 |
| 2022 | $9,906 | $804,150 | $473,030 | $331,120 |
| 2021 | $9,796 | $788,383 | $463,755 | $324,628 |
| 2020 | $9,877 | $780,300 | $459,000 | $321,300 |
| 2019 | $8,002 | $629,952 | $571,081 | $58,871 |
| 2018 | $7,856 | $617,601 | $559,884 | $57,717 |
| 2016 | $7,125 | $560,000 | $506,400 | $53,600 |
| 2015 | $7,110 | $560,000 | $506,400 | $53,600 |
| 2014 | $7,242 | $560,000 | $506,400 | $53,600 |
Source: Public Records
Agents Affiliated with this Home
-
Johnnie Stiegler
-
Lara Marquess
L
Buyer's Agent in 2019
Lara Marquess
Century 21 Union Realty
(310) 545-0707
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19007869
APN: 7410-013-010
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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