2005 240th St Lomita, CA 90717
Estimated Value: $991,000 - $1,189,000
4
Beds
4
Baths
1,985
Sq Ft
$539/Sq Ft
Est. Value
Highlights
- Corner Lot
- Laundry Room
- Back Yard
- No HOA
- Family Room
About This Home
As of September 2021This 4 unit property is the one investors have been waiting for. This corner lot hosts a 1920's main house with 1 bedroom and 1 bath and an upstairs loft with tons of character. The property also has an oversized 2 car garage with 2 upstairs units both 1 bed 1 bath with living room and kitchen and a downstairs unit which also has 1 bedroom 1 bathroom with large living room and kitchen. Main house needs some rehab but rear units are original but in great shape. The giant avocado tree out front with tons of fruit seals the deal!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,692
Year Built
- Built in 1921
Lot Details
- 7,617 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
- Back Yard
Parking
- 2 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 1,985 Sq Ft Home
- Family Room
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- 4 Full Bathrooms
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Tax Lot 20
- Tax Tract Number 1046
- Assessor Parcel Number 7374008021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2021
Closed on
Aug 1, 2021
Sold by
Fukuda Travis D and Estate Of Sandra Kay Fukuda
Bought by
Mehta Kavish
Seller's Agent
Christopher Fox
PRICE REAL ESTATE GROUP INC
Buyer's Agent
Steve Thorn
Merit Real Estate
List Price
$975,000
Sold Price
$930,000
Premium/Discount to List
-$45,000
-4.62%
Total Days on Market
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,641
Original Mortgage
$744,000
Outstanding Balance
$690,128
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 26, 2011
Sold by
Fukuda Sandra K and Reese Diane C
Bought by
Fukuda Sandra K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
4.26%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Mar 27, 2006
Sold by
Arnold Nellie
Bought by
Fukuda Sandra K and Reese Diane C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Lomita, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mehta Kavish | $930,000 | Fidelity National Title Co | |
| Fukuda Sandra K | -- | Lawyers Title Company | |
| Fukuda Sandra K | -- | None Available | |
| Arnold Nellie | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mehta Kavish | $744,000 | |
| Previous Owner | Fukuda Sandra K | $938,250 | |
| Previous Owner | Arnold Nellie | $205,000 | |
| Previous Owner | Arnold Nellie | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2021 09/10/21 | Sold | $930,000 | -4.6% | $469 / Sq Ft |
| 07/27/2021 07/27/21 | Pending | -- | -- | -- |
| 07/24/2021 07/24/21 | For Sale | $975,000 | 0.0% | $491 / Sq Ft |
| 07/23/2021 07/23/21 | Price Changed | $975,000 | -11.4% | $491 / Sq Ft |
| 07/21/2021 07/21/21 | Pending | -- | -- | -- |
| 07/09/2021 07/09/21 | For Sale | $1,100,000 | -- | $554 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $12,692 | $967,572 | $790,704 | $176,868 |
| 2023 | $12,474 | $948,600 | $775,200 | $173,400 |
| 2022 | $11,882 | $930,000 | $760,000 | $170,000 |
| 2021 | $2,143 | $89,406 | $50,933 | $38,473 |
| 2020 | $2,147 | $88,950 | $50,411 | $38,539 |
| 2019 | $2,093 | $87,216 | $49,423 | $37,793 |
| 2018 | $1,957 | $85,515 | $48,454 | $37,061 |
| 2016 | $1,814 | $81,754 | $46,573 | $35,181 |
| 2015 | $1,785 | $80,527 | $45,874 | $34,653 |
| 2014 | $1,803 | $78,951 | $44,976 | $33,975 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Fox
Seller's Agent in 2021
Christopher Fox
PRICE REAL ESTATE GROUP INC
(909) 921-4742
1 in this area
200 Total Sales
-
Steve Thorn
Buyer's Agent in 2021
Steve Thorn
Merit Real Estate
(310) 546-6300
1 in this area
37 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV21135692
APN: 7374-008-021
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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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