NOT LISTED FOR SALE

1816 257th St Lomita, CA 90717

Estimated Value: $1,272,256 - $1,528,000

6 Beds
3 Baths
2,822 Sq Ft
$489/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $870,000 $308 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,682/month

8 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Wall Furnace
  • 2-minute walk to Veterans Park

About This Home

As of May 2017

South Lomita Triplex! All units have Individual inside Laundry, There are 3 garages, a carport and the front unit has a nice fenced, front yard. Long term tenants with good upside in the rents. Dual glazed windows and a newer roof. Turn Key Property.

Last Agent to Sell the Property

Kirby Larson

Estate Properties License #00593173 Listed on: 04/19/2017

Estate Properties

Last Buyer's Agent

Kirby Larson

Estate Properties License #00593173 Listed on: 04/19/2017

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,687

Year Built

  • Built in 1963

Lot Details

  • 7,665 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Density is 11-15 Units/Acre

Parking

  • 3 Car Garage
  • 1 Carport Space

Home Design

  • Triplex

Interior Spaces

  • 2,822 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Standard Electricity
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 3516
  • Assessor Parcel Number 7410010035

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $2,890
  • Maintenance Expense $2,060
  • New Taxes Expense $10,140
  • Operating Expense $16,290
  • Gross Income $54,300
  • Net Operating Income $38,010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,687

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 7410010035
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 308.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 3.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 7665.00

Multi Family

  • Average2 Bed Area: 941 Square Feet
  • Gross Income: 54300.00
  • Gross Scheduled Income: 54300.00
  • Insurance Expense: 2890.00
  • Maintenance Expense: 2060.00
  • Net Operating Income: 38010.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 16290.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Actual Rent: 4525.00
  • Total Expenses: 16290.00

Tax Info

  • New Taxes Expense: 10140.00
  • Tax Lot: 13
  • Tax Tract Number: 3516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Stonecrest Associates Llc
Bought by
Lin Albert Yeh and Lin Christina Mingyee
Current Estimated Value
$1,379,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,193
Outstanding Balance
$696,586
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$611,763

Purchase Details

Closed on
May 21, 2018
Sold by
Ln Albert Yeh and Lin Christina Mingyee
Bought by
Stonecrest Associates Llc

Purchase Details

Listed on
Apr 19, 2017
Closed on
Jul 11, 2017
Sold by
Lin Albert Yeh and Lin Christina Mingyee
Bought by
Lin Albert Yeh and Lin Christina Mingyee
Seller's Agent
Kirby Larson
Estate Properties
Buyer's Agent
Kirby Larson
Estate Properties
List Price
$845,000
Sold Price
$870,000
Premium/Discount to List
$25,000
2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%

Purchase Details

Listed on
Apr 19, 2017
Closed on
May 9, 2017
Sold by
Larson Kirby and Larson Sarah
Bought by
Lin Albert Yeh and Lin Christina Mingyee
Seller's Agent
Kirby Larson
Estate Properties
Buyer's Agent
Kirby Larson
Estate Properties
List Price
$845,000
Sold Price
$870,000
Premium/Discount to List
$25,000
2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2016
Sold by
Ladowicz Tad and Butler Margaret
Bought by
Larson Kirby and Larson Sarah

Purchase Details

Listed on
Sep 10, 2013
Closed on
Sep 20, 2013
Sold by
Angelo Anghel
Bought by
Ladowicz Tad and Butler Margaret
Seller's Agent
Nick Peters
Peters Realty Center, Inc.
Buyer's Agent
Gustavo Cardenas
Berkshire Hathaway HomeService
List Price
$714,900
Sold Price
$650,000
Premium/Discount to List
-$64,900
-9.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%

Purchase Details

Closed on
Mar 23, 2004
Sold by
Yu Jimmy C and Yu Diana H
Bought by
Angelo Anghel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2003
Sold by
Yu Jimmy C and Yu Diana H
Bought by
Yu Jimmy C and Yu Diana H

Purchase Details

Closed on
Apr 12, 1996
Sold by
Yu Jimmy C
Bought by
Yu Jimmy C and Yu Diana H

Purchase Details

Closed on
May 1, 1995
Sold by
Yu Diana
Bought by
Yu Jimmy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
8.46%

Purchase Details

Closed on
Apr 11, 1995
Sold by
Emc Mtg Corp
Bought by
Yu Jimmy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
8.46%

Purchase Details

Closed on
Aug 20, 1993
Sold by
California Loan Partners Lp
Bought by
Emc Mtg Corp
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
Lin Albert Yeh -- Westcor Land Title
Stonecrest Associates Llc -- None Available
Lin Albert Yeh -- None Available
Lin Albert Yeh $872,500 Lawyers Title
Larson Kirby $800,000 Ticor Title Co
Ladowicz Tad $650,000 Usa National Title Company
Angelo Anghel $600,000 United Title Company-La
Yu Jimmy C -- --
Yu Jimmy C -- First American
Yu Jimmy C -- Fidelity National Title Ins
Yu Jimmy C $198,000 Fidelity National Title Ins
Emc Mtg Corp -- Fidelity National Title
California Loan Partners Lp -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Albert Yeh $760,193
Previous Owner Lin Albert Yeh $600,000
Previous Owner Angelo Anghel $480,000
Previous Owner Yu Jimmy C $158,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2017 05/30/17 Sold $870,000 +3.0% $308 / Sq Ft
04/19/2017 04/19/17 For Sale $845,000 +30.0% $299 / Sq Ft
09/27/2013 09/27/13 Sold $650,000 -9.1% $230 / Sq Ft
09/17/2013 09/17/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $714,900 -- $253 / 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 $14,687 $1,167,328 $689,785 $477,543
2024 $14,687 $1,144,440 $676,260 $468,180
2023 $14,432 $1,122,000 $663,000 $459,000
2022 $13,735 $1,100,000 $650,000 $450,000
2021 $11,932 $935,495 $482,490 $453,005
2020 $12,029 $925,903 $477,543 $448,360
2019 $11,557 $907,749 $468,180 $439,569
2018 $11,338 $889,950 $459,000 $430,950
2016 $8,683 $673,095 $440,101 $232,994
2015 $8,544 $662,986 $433,491 $229,495
2014 $8,549 $650,000 $425,000 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17083933

California Regional Multiple Listing Service (CRMLS)

APN: 7410-010-035