NOT LISTED FOR SALE

1910 257th St Lomita, CA 90717

Estimated Value: $773,000 - $993,172

3 Beds
2 Baths
1,383 Sq Ft
$619/Sq Ft Est. Value

Last Sold October 22, 2024

Last sale price $800,000 $578 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,874/month

4 Days on Market

Highlights

  • Modern Architecture
  • Park
  • Rectangular Lot
  • No HOA
  • Laundry Room
  • 1-minute walk to Veterans Park

About This Home

As of October 2024

Property includes addresses of 1910 & 1916 257th Street. Great investment/development opportunity in Lomita. This Craftsman style duplex sits on a huge flat lot that is prime for development opportunity. Each unit is freestanding and includes ample parking and privacy. The front unit has a separate back yard and room for 2 vehicles. Rear unit is 2 bedrooms and has room for vehicle room for additional boat or RV parking. These units can be purchased seperately or with the single family residense next door at 1920 257th St. Please See other MLS # SB24196516

Duplex Units will be delivered occupied.

Last Agent to Sell the Property

David Andrade

David A. Andrade, Broker Brokerage Phone: 310-344-4249 License #01365459 Listed on: 09/20/2024

Last Buyer's Agent

Geoffrey Rodil

Compass License #02015920

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 8,577 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Rectangular Lot
  • Level Lot

Home Design

  • Duplex
  • Modern Architecture
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 1,383 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Combination Of Materials Used In The Driveway
  • Driveway Level
  • Paved Parking
  • Off-Street Parking

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Phone Available

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, telephone, trash collection, water
  • Tax Lot 6
  • Tax Tract Number 4263
  • Assessor Parcel Number 7375021009
  • $724 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $1,800
  • Insurance Expense $1,200
  • Trash Expense $800
  • Water Sewer Expense $1,200
  • Operating Expense $5,000
  • Gross Income $44,088
  • Net Operating Income $39,088

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

8,577 Sq Ft Lot

Listing Details

  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LOR1P*
  • Architectural Style: Modern
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 7375021009
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 578.45

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway - Combination, Paved, Driveway Level, Off Street
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 8577.00
  • Lot Size Acres: 0.1969

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Telephone, Trash Collection, Water

Multi Family

  • Gross Income: 44088.00
  • Gross Operating Income: 44088.00
  • Gross Scheduled Income: 3674.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 8577.0000 Square Feet
  • Net Operating Income: 39088.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 5000.00
  • Rent Control: Yes
  • Total Actual Rent: 3664.00
  • Total Expenses: 5000.00

Tax Info

  • Tax Census Tract: 6700.02
  • Tax Lot: 6
  • Tax Tract Number: 4263
  • TaxOtherAnnualAssessmentAmount: 724.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2025
Sold by
Philippe Louis
Bought by
Philippe Family Trust and Philippe
Current Estimated Value
$856,293

Purchase Details

Listed on
Sep 20, 2024
Closed on
Oct 10, 2024
Sold by
Esm Development Llc
Bought by
Philippe Louis
Seller's Agent
David Andrade
David A. Andrade, Broker
Buyer's Agent
Geoffrey Rodil
Compass
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$600,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2013
Sold by
Magana Ernesto and Magana Sandra
Bought by
Magana Ernesto and Magana Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,400
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2007
Sold by
Magana Ernesto and Magana Sandra L
Bought by
Magana Ernesto and Magana Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2004
Sold by
Magana Ernesto and Magana Sandra Lea
Bought by
Magana Ernesto and Magana Sandra

Purchase Details

Closed on
Feb 3, 2003
Sold by
Magana Ernest and Magana Sandra Lea
Bought by
Magana Ernest and Magana Sandra Lea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Philippe Family Trust -- None Listed On Document
Philippe Louis $800,000 Fidelity National Title
Philippe Louis -- Fidelity National Title
Magana Ernesto -- Accommodation
Magana Ernesto -- First American Title
Magana Ernesto -- Lawyers Title Company
Magana Ernesto -- Lawyers Title Company
Magana Ernesto -- --
Magana Ernest -- Landamerica Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Philippe Louis $600,000
Previous Owner Magana Ernesto $281,400
Previous Owner Magana Ernesto $417,000
Previous Owner Magana Ernest $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2024 10/22/24 Sold $800,000 +0.1% $578 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $799,000 -- $578 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,018 $940,000 $800,000 $140,000
2024 $5,018 $361,620 $323,960 $37,660
2023 $4,936 $354,530 $317,608 $36,922
2022 $4,712 $347,580 $311,381 $36,199
2021 $4,659 $340,766 $305,276 $35,490
2020 $4,693 $337,273 $302,146 $35,127
2019 $4,518 $330,661 $296,222 $34,439
2018 $4,409 $324,178 $290,414 $33,764
2016 $4,217 $311,591 $279,138 $32,453
2015 $4,151 $306,912 $274,946 $31,966
2014 $4,158 $300,901 $269,561 $31,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24196298

California Regional Multiple Listing Service (CRMLS)

APN: 7375-021-009

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