NOT LISTED FOR SALE

1819 247th St Lomita, CA 90717

Estimated Value: $870,963 - $1,079,000

2 Beds
2 Baths
1,164 Sq Ft
$808/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $507,000 $436 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,752/month

316 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Wood Siding
  • Wood Flooring
  • Laundry Room
  • Wall Furnace

About This Home

As of November 2016

Located on an excellent street in Lomita, these 2 detached cottages are a prime opportunity for an owner-occupant or investor with tons of upside potential. The front 1 bedroom house has a spacious living/dining room with laminate wood floors and tons of natural light from the large front windows. The spacious kitchen has been well maintained with tile floors and the original cabinets and fixtures. The back house is a 1 bedroom with direct access to the garage and their own washer and dryer. Situated on a 7,065 sq ft lot, there is plenty of yard space for each unit or for room to grow! Don’t miss this opportunity to own two homes on a lot on a beautiful street in Lomita! Sellers prefer to sell 1811 and 1819 247th together. See MLS# SB15194921.

Last Agent to Sell the Property

Kai Ito

Compass License #01408887 Listed on: 09/01/2015

Compass

Last Buyer's Agent

John Heywood

IP Advisors, Inc License #01239397

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,530

Year Built

  • Built in 1951

Lot Details

  • 7,065 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Shared Driveway

Home Design

  • Traditional Architecture
  • Bungalow
  • Wood Siding

Interior Spaces

  • 1,164 Sq Ft Home
  • Living Room

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 222
  • Assessor Parcel Number 7372015057

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $6,875
  • Gross Income $2,200
  • Net Operating Income $2,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,530

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Bungalow, Traditional
  • Property Type: Residential Income
  • Parcel Number: 7372015057
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Levels: One
  • Price Per Square Foot: 435.57
  • Room Type: Living Room

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Shared Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7065.00
  • Price Per Lot Square Foot: 74.31
  • Lot Size Acres: 0.1620

Multi Family

  • Average1 Bed Area: 720
  • Average2 Bed Area: 444
  • Gross Income: 2200.00
  • Gross Scheduled Income: 2200.00
  • Lot Size Area: 7065.0000 Square Feet
  • Net Operating Income: 2200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 2200.00

Tax Info

  • New Taxes Expense: 6875.00
  • Tax Lot: 7
  • Tax Tract Number: 222

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2017
Sold by
Demel Christine J
Bought by
Demel Christine J and The De Mel Family Trust
Current Estimated Value
$940,491

Purchase Details

Closed on
Jul 25, 2016
Sold by
Rubio Daniel A and Rubio Steven L
Bought by
Demel Christine J and Demel Hirantha N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2006
Sold by
Chapman Joy B
Bought by
Rubio Daniel A and Rubio Steven L

Purchase Details

Closed on
Jul 12, 2004
Sold by
Rubio Derek L
Bought by
Rubio Daniel A and Rubio Steven L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Demel Christine J -- None Available
Demel Christine J $507,000 Ticor Title Company
Rubio Steven L -- Ticor Title Company
Rubio Daniel A -- None Available
Rubio Daniel A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demel Christine J $371,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $507,000 -7.8% $436 / Sq Ft
07/15/2016 07/15/16 Pending -- -- --
09/03/2015 09/03/15 For Sale $550,000 -- $473 / 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 $7,530 $588,410 $417,807 $170,603
2024 $7,530 $576,873 $409,615 $167,258
2023 $7,401 $565,563 $401,584 $163,979
2022 $7,049 $554,474 $393,710 $160,764
2021 $6,974 $543,603 $385,991 $157,612
2020 $7,030 $538,030 $382,034 $155,996
2019 $6,754 $527,482 $374,544 $152,938
2018 $6,652 $517,140 $367,200 $149,940
2016 $1,312 $64,779 $41,396 $23,383
2015 $1,292 $63,807 $40,775 $23,032
2014 $1,303 $62,558 $39,977 $22,581
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15194922

California Regional Multiple Listing Service (CRMLS)

APN: 7372-015-057