Seller's Agent in 2023
Denny Jeremic
Century 21 Union Realty
(310) 371-6330
1 in this area
13 Total Sales
2011 242nd St Lomita, CA 90717
Estimated Value: $1,290,000 - $1,807,537
2
Beds
1
Bath
1,232
Sq Ft
$1,224/Sq Ft
Est. Value
Highlights
- 0.42 Acre Lot
- Laundry Room
- 1-Story Property
- No HOA
- Central Heating and Cooling System
- 3-minute walk to Lomita Park
About This Home
As of May 2023Located in the great city of Lomita, this 2 bedroom 1-1/2 bath home (1/2 bath located in garage) on a large corner lot with two street frontages, is perfect for a developer looking for their next project, or someone who is looking for a lot of space to store all their toys. Per city of Lomita Planning Department, the property can be split into 4 separate lots. The owner began the lot split process, and currently has a completed survey and tentative parcel map to split the lot into three separate parcels, which would potentially allow you to build 3 houses, and 3 ADU’s. But with the updated rules, the city of Lomita now only requires 30 feet of street frontage per lot, so being able to split this property into 4 separate lots is now possible. Please inquire with the city of Lomita for further information. Some of the upgrades the owner has done to the house include central AC and Heat, dual glazed windows throughout, and a new 200 amp electric main panel upgrade. A short walk to a lot of great restaurants, shops and parks, and centrally located, not far from the beach and freeways, truly add to the desirability of this property. Owner is willing to provide up to 50% financing for a max 5 year term at a 6.5% interest rate in order to get the deal done. Property is being sold for lot value only.
Last Agent to Sell the Property
Century 21 Union Realty License #01471647 Listed on: 07/05/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,056
Year Built
- Built in 1949
Lot Details
- 0.42 Acre Lot
- Property is zoned LOA1*
Parking
- 1 Car Garage
Interior Spaces
- 1,232 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 20
- Tax Tract Number 440
- Assessor Parcel Number 7374018044
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 5, 2022
Closed on
Apr 10, 2023
Sold by
M & T Christensen Properties Llc
Bought by
Yvonne Cherie Purkey Separate Property Trust
Seller's Agent
Denny Jeremic
Century 21 Union Realty
Buyer's Agent
David Poncia
Vista Sotheby’s International Realty
List Price
$1,550,000
Sold Price
$1,524,999
Premium/Discount to List
-$25,001
-1.61%
Views
48
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
-$17,365
Avg. Annual Appreciation
-1.47%
Purchase Details
Closed on
Apr 25, 2017
Sold by
Jones Michael H and Reagan John R
Bought by
M & T Christensen Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.91%
Mortgage Type
New Conventional
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yvonne Cherie Purkey Separate Property Trust | -- | Provident Title Company | |
| M & T Christensen Properties Llc | $800,000 | Priority Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | M & T Christensen Properties Llc | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2023 05/01/23 | Sold | $1,524,999 | 0.0% | $1,238 / Sq Ft |
| 01/10/2023 01/10/23 | Pending | -- | -- | -- |
| 09/03/2022 09/03/22 | Price Changed | $1,524,999 | 0.0% | $1,238 / Sq Ft |
| 08/18/2022 08/18/22 | Price Changed | $1,525,000 | -1.6% | $1,238 / Sq Ft |
| 07/05/2022 07/05/22 | For Sale | $1,550,000 | -- | $1,258 / 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 |
|---|---|---|---|---|
| 2025 | $19,056 | $1,586,607 | $1,581,405 | $5,202 |
| 2024 | $19,056 | $1,555,498 | $1,550,398 | $5,100 |
| 2023 | $11,126 | $886,111 | $721,805 | $164,306 |
| 2022 | $10,579 | $868,737 | $707,652 | $161,085 |
| 2021 | $10,467 | $851,704 | $693,777 | $157,927 |
| 2020 | $10,558 | $842,972 | $686,664 | $156,308 |
| 2019 | $10,010 | $816,000 | $673,200 | $142,800 |
| 2018 | $9,889 | $800,000 | $660,000 | $140,000 |
| 2016 | $9,078 | $735,000 | $609,700 | $125,300 |
| 2015 | $7,599 | $610,000 | $506,000 | $104,000 |
| 2014 | $6,793 | $530,000 | $440,000 | $90,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Buyer's Agent in 2023
David Poncia
Vista Sotheby’s International Realty
(310) 497-8020
3 in this area
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22146299
APN: 7374-018-044
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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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