Seller's Agent in 2024
Lee Medlin
National Realty Group
(951) 313-9246
3 in this area
66 Total Sales
1808 247th St Lomita, CA 90717
Estimated Value: $1,417,000 - $1,840,000
8
Beds
4
Baths
3,721
Sq Ft
$453/Sq Ft
Est. Value
Highlights
- 0.34 Acre Lot
- No HOA
- Tile Flooring
- Lawn
- Laundry Room
- 6 Car Garage
About This Home
As of August 2024Investor Alert! Once in a lifetime opportunity to own 4 separate detached homes on one lot with one APN. Get great "Conforming" financing! Each house is a 2 bedroom 1 bath with its own garage. Located in a nice residential neighborhood without a lot of multi family surrounding the area. The seller just installed a brand new roof, exterior paint and new garage doors. Great curb appeal!
Last Agent to Sell the Property
National Realty Group Brokerage Phone: 951-313-9246 License #00998908 Listed on: 05/11/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,924
Year Built
- Built in 1959
Lot Details
- 0.34 Acre Lot
- No Common Walls
- Chain Link Fence
- Level Lot
- Lawn
Parking
- 6 Car Garage
- Parking Available
Home Design
- Quadruplex
- Frame Construction
- Composition Roof
- Partial Copper Plumbing
Interior Spaces
- 3,721 Sq Ft Home
- 1-Story Property
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
- Formica Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 8
- Tax Tract Number 222
- Assessor Parcel Number 7372018079
- $1,490 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $4,800
- Insurance Expense $3,600
- Trash Expense $3,360
- Water Sewer Expense $3,600
- New Taxes Expense $20,000
- Operating Expense $35,360
- Gross Income $83,424
- Net Operating Income $68,482
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2024
Closed on
Jul 18, 2024
Sold by
Michael And Michelle Shelhart Family Tru and Shelhart Michael L
Bought by
Bautista Teresita C and Bautista Erickson
Seller's Agent
Lee Medlin
National Realty Group
Buyer's Agent
Zenaida Macapobre
Keller Williams South Bay
List Price
$1,999,000
Sold Price
$1,700,000
Premium/Discount to List
-$299,000
-14.96%
Views
68
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
-$15,550
Avg. Annual Appreciation
-0.91%
Original Mortgage
$1,250,250
Outstanding Balance
$1,237,427
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$447,023
Purchase Details
Closed on
Nov 3, 2022
Sold by
Shelhart Michael L
Bought by
Michael And Michelle Shelhart Trust
Purchase Details
Closed on
Nov 22, 2013
Sold by
Shelhart Jacqueline B and Shelhart Family Trust
Bought by
Shelhart Jacqueline B and Shelhart Family Exemption Trus
Purchase Details
Closed on
May 14, 1998
Sold by
Family Trust Shelhart Lowell E Co Tr Shelhart and Shelhart Jacqueline B
Bought by
Moore Stanley R and Moore Jean E
Purchase Details
Closed on
May 4, 1998
Sold by
Shelhart Lowell E
Bought by
Shelhart Lowell E and Shelhart Jacqueline B
Purchase Details
Closed on
Jun 3, 1996
Sold by
Shelhart Lowelle and Shelhart Jacqueline B
Bought by
Shelhart Lowell E and Shelhart Jacqueline B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.97%
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 |
|---|---|---|---|
| Bautista Teresita C | $1,700,000 | Fidelity National Title | |
| Michael And Michelle Shelhart Trust | -- | -- | |
| Shelhart Michael L | -- | -- | |
| Shelhart Jacqueline B | -- | None Available | |
| Moore Stanley R | $98,000 | Chicago Title Insurance Co | |
| Shelhart Lowell E | -- | -- | |
| Shelhart Lowell E | -- | -- | |
| Shelhart Lowell E | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bautista Teresita C | $1,250,250 | |
| Previous Owner | Shelhart Michael | $175,000 | |
| Previous Owner | Shelhart Lowell E | $35,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2024 08/07/24 | Sold | $1,700,000 | -5.6% | $457 / Sq Ft |
| 06/13/2024 06/13/24 | Pending | -- | -- | -- |
| 06/06/2024 06/06/24 | Price Changed | $1,800,000 | -10.0% | $484 / Sq Ft |
| 05/11/2024 05/11/24 | For Sale | $1,999,000 | -- | $537 / 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 | $18,924 | $1,700,000 | $1,000,000 | $700,000 |
| 2024 | $18,924 | $1,468,800 | $958,800 | $510,000 |
| 2023 | $18,596 | $1,440,000 | $940,000 | $500,000 |
| 2022 | $3,420 | $169,225 | $86,209 | $83,016 |
| 2021 | $3,381 | $165,908 | $84,519 | $81,389 |
| 2020 | $3,393 | $164,208 | $83,653 | $80,555 |
| 2019 | $3,299 | $160,989 | $82,013 | $78,976 |
| 2018 | $3,070 | $157,833 | $80,405 | $77,428 |
| 2016 | $2,864 | $151,706 | $77,284 | $74,422 |
| 2015 | $2,823 | $149,429 | $76,124 | $73,305 |
| 2014 | $2,844 | $146,503 | $74,633 | $71,870 |
Source: Public Records
Agents Affiliated with this Home
-
-
Z
Buyer's Agent in 2024
Zenaida Macapobre
Keller Williams South Bay
(310) 930-6455
1 in this area
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW24094653
APN: 7372-018-079
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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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