NOT LISTED FOR SALE

1942 1/2 259th Place Lomita, CA 90717

7 Beds
4 Baths
3,146 Sq Ft
0.43 Acres

Last Sold April 29, 2016

Last sale price $935,000 $297 Per Sq Ft

34 Days on Market

Highlights

  • 0.43 Acre Lot
  • Private Yard
  • Living Room
  • Contemporary Architecture
  • No HOA
  • 2-minute walk to Louis and William J. Teuchert Park

About This Home

As of April 2016

AMAZING INVESTMENT OPPORTUNITY! Three units in LOMITA PINES! One unit is detached 3 Bd, 2 Bath house. The duplex are each 2Bd, 1Bath at the back of the property. Each unit has its own private garage. Note: The adjacent single-family-residence (at 1936 259th Place is also for sale by the same owner, who would prefer to sell the two properties to the same buyer. Both properties share a water meter. See agent remarks.

Last Agent to Sell the Property

Ken vroom

Vroom Team License #00398002 Listed on: 04/04/2016

Last Buyer's Agent

Luan-Ping Wu

The Realestate Group License #01009742

The Realestate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.43 Acre Lot
  • 1 Common Wall
  • Sprinkler System
  • Private Yard
  • Lawn

Parking

  • 6 Car Garage

Home Design

  • Contemporary Architecture
  • Property Attached
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,146 Sq Ft Home
  • Living Room
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 226
  • Tax Tract Number 6701
  • Assessor Parcel Number 7553013045

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Water Sewer Expense $3,300
  • New Taxes Expense $7,663
  • Gross Income $5,600
  • Net Operating Income $53,837

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

6

Listing Details

  • CapRate: 4.30
  • Property Attached: Yes
  • Water Sewer Expenses: 3300.00
  • Zoning: LOR1
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7553013045
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 297.20
  • Room Type: Living Room

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 12.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Water Heater
  • Heating Type: Forced Air, Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Lot Features: Lawn, Sprinkler System, Yard
  • Lot Size Sq Ft: 18517.00
  • Price Per Lot Square Foot: 50.49
  • Lot Size Acres: 0.4250

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 5600.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 18517.0000 Square Feet
  • Net Operating Income: 53837.00
  • 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
  • Number With Carpet: 3
  • Number With Dishwasher: 1
  • Number With Disposal: 3
  • Number With Patio: 1
  • Number With Range: 3
  • Operating Expense: 13363.00
  • Rent Control: No
  • Total Actual Rent: 5600.00

Tax Info

  • New Taxes Expense: 7663.00
  • Tax Lot: 226
  • Tax Tract Number: 6701
  • Tax Year: 2015

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2016 04/29/16 Sold $935,000 -0.5% $297 / Sq Ft
03/13/2016 03/13/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $940,000 -- $299 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Ken vroom

    Vroom Team

    (310) 251-5242

    2 Total Sales

    Ken vroom
    Section Image
  • Luan-Ping Wu

    Buyer's Agent in 2016

    Luan-Ping Wu

    The Realestate Group

    (310) 809-9499

    2 Total Sales

    Luan-Ping Wu
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV16025855

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Lomita 90717

1942 1/2 259th Place, Lomita, CA

This home is located at 1942 1/2 259th Place, Lomita, CA 90717 since 04 April 2016. This property was built in 1978. 1942 1/2 259th Place is a home located in Los Angeles County with nearby schools including Eshelman Avenue Elementary School, Alexander Fleming Middle School, and Nathaniel Narbonne Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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