NOT LISTED FOR SALE

Estimated Value: $1,014,000 - $1,263,000

2 Beds
1 Bath
1,236 Sq Ft
$922/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $1,050,000 $850 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,118/month

17 Days on Market

Highlights

  • Secluded Lot
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Lawn
  • Den with Fireplace

About This Home

As of April 2023

Inside the gates lies a private world of tranquility, seclusion, green grass, mature trees, and tall palms. Outside there's a flurry of sound, traffic, people moving to and fro. If you like being close to city activities yet separated from it, you'll love this island in the sea. If you're an investor, the large R-3 lot might whet your construction imagination. The classic traditional house has a large living room with a bay window facing front and, facing back, French doors that open to a brick patio with green trees and grass beyond. Built in 1940, the do-it-yourselfer will see immediately that the house needs work. There are original hardwood floors that had been covered with carpet, but watch your step! The carpet was removed; however, there are tufts of it remaining, but only in the 2 bedrooms. The antiquated kitchen and bath are virgins that you might want to bring into the 21st century. The step-down den with concrete floor, was once the garage, has a huge elevated brick fireplace and its own access to the front entryway. Think "party room"! The big carport has replaced it, and the long driveway provides ample parking. Plus, there's more parking on the apron in front of the cypress trees. Come, see, and let your imagination run free!

Last Agent to Sell the Property

Liz Weaver

Pacific Playa Realty License #00888554 Listed on: 02/21/2023

Pacific Playa Realty

Last Buyer's Agent

Liz Weaver

Pacific Playa Realty License #00888554 Listed on: 02/21/2023

Pacific Playa Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,163

Year Built

  • Built in 1940

Lot Details

  • 7,657 Sq Ft Lot
  • Lot Dimensions are 50x152
  • East Facing Home
  • Fenced Yard
  • Landscaped
  • Secluded Lot
  • Lawn
  • Property is zoned LAR3

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Combination Foundation
  • Raised Foundation
  • Slab Foundation
  • Plaster Walls
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,236 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Bay Window
  • French Doors
  • Entryway
  • Living Room
  • Formal Dining Room
  • Den with Fireplace
  • Center Hall

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • 2 Attached Carport Spaces
  • Automatic Gate
  • Controlled Entrance

Outdoor Features

  • Brick Porch or Patio
  • Shed
  • Rain Gutters

Utilities

  • Floor Furnace
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 5071-002-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,163

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Inside the gates lies a private world of tranquility, seclusion, green grass, and tall palms. Outside there's a flurry of sound, traffic, people moving to and fro. If you like to live close to yet separated from city activities, you'll love this island in the sea. Investor, let the large R-3 lot whet your construction imagination. The classic traditional house has a large living room with a bay window facing front and, facing back, French doors that open to a brick patio with green trees and grass beyond. Built in 1940, with no upgrades, the house needs work. The original hardwood floors had been covered with carpet, so watch your step! The carpet was removed; but, there are tufts of it remaining in the bedrooms. The original kitchen and bath are virgins to be introduced to the 21st century. The step-down den was the pre-carport garage and has a large raised fireplace. Lots of parking!
  • Disability Access: Grab Bars In Bathroom(s)
  • Entry Location: Ground Level w/steps
  • Living Area: 1236
  • Lot Acreage: 0.1758
  • Lot Dimensions: 50x152
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1940
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Plaster Walls
  • Number Of Remote Controls: 1
  • Fireplace Rooms: Den, Wood Burning
  • Flooring: Hardwood, Tile, Linoleum
  • Appliances: Free Standing Gas
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Formal Dining Rm
  • Kitchen Features: Tile Counters
  • Laundry: Laundry Area, Room
  • Total Bathrooms: 1.00
  • Den: 1
  • Equipment: Garbage Disposal, Washer, Dryer, Ceiling Fan, Gas Or Electric Dryer Hookup, Range/Oven
  • Fireplace: Yes
  • Inclusions: Washer, dryer, stove
  • Price Per S Q F T: 680.83
  • Windows: Bay Window

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Features: French Doors, Rain Gutters, Service Entrance
  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Foundation Details: Combination, Slab, Raised
  • Fence: Block, Chain Link
  • Patio: Brick, Patio Open
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Carport Spaces: 2
  • Other Spaces: 7
  • Covered Parking: 2
  • Parking Garage: Auto Driveway Gate, Carport, Carport Attached, Controlled Entrance, Covered Parking
  • Total Parking: 7

Utilities

  • Water Heater: Gas
  • Heating: Floor, Wall
  • Security: Automatic Gate, Gated, Owned
  • Sewer: In Connected and Paid
  • Water: Water District, Public, Permit on File

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5071-002-026
  • Lot Description: Automatic Gate, Back Yard, Curbs, Fenced, Exterior Security Lights, Fenced Yard, Front Yard, Gutters, Landscaped, Lawn, Secluded, Sidewalks, Single Lot, Yard
  • Lot Size Area: 7657

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2024
Sold by
Jj Capital Partners Llc
Bought by
1857 Crenshaw Llc
Current Estimated Value
$1,139,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 21, 2023
Closed on
Mar 29, 2023
Sold by
Lionel B Labeaud 1998 Living Trust and Lacroix Sharla
Bought by
Jj Capital Partners Llc
Seller's Agent
Liz Weaver
Pacific Playa Realty
Buyer's Agent
Liz Weaver
Pacific Playa Realty
List Price
$841,500
Sold Price
$1,050,000
Premium/Discount to List
$208,500
24.78%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.24%
Original Mortgage
$840,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 1998
Sold by
Labeaud Lionel B
Bought by
Labeaud Lionel B and Lionel B Labeaud 1998 Living Trust
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
1857 Crenshaw Llc -- First American Title
Jj Capital Partners Llc $1,050,000 Fidelity National Title
Labeaud Lionel B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 1857 Crenshaw Llc $2,800,000
Previous Owner Jj Capital Partners Llc $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2023 04/05/23 Sold $1,050,000 0.0% $850 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/04/2023 03/04/23 Off Market $1,050,000 -- --
02/21/2023 02/21/23 For Sale $841,500 -- $681 / Sq Ft
Source: The MLS

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 $13,163 $1,528,980 $1,528,980 --
2024 $13,163 $1,071,000 $856,800 $214,200
2023 $10,069 $820,000 $492,000 $328,000
2022 $1,324 $93,329 $53,118 $40,211
2021 $1,298 $91,500 $52,077 $39,423
2019 $1,264 $88,788 $50,534 $38,254
2018 $1,178 $87,048 $49,544 $37,504
2016 $1,116 $83,670 $47,621 $36,049
2015 $1,101 $82,414 $46,906 $35,508
2014 $1,116 $80,801 $45,988 $34,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-244015

The MLS

APN: 5071-002-026