NOT LISTED FOR SALE

2039 242nd St Lomita, CA 90717

Estimated Value: $2,353,885

3 Beds
5 Baths
4,118 Sq Ft
$572/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $2,000,000 $486 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $13,969/month

139 Days on Market

Highlights

  • 0.93 Acre Lot
  • Laundry Room
  • 5-minute walk to Lomita Park
  • No HOA

About This Home

As of May 2021

RESIDENTIAL DEVELOPMENT OPPORTUNITY. This property may be purchased "as-is" vacant at closing. This .93 ACRES total parcel of 2 parcels being sold together only. This property is suitable for residential development. It is presently used as a Church and several residential out-buildings and is Lomita Zoned A1 for residential use.

Last Agent to Sell the Property

Steven Simonetti

Simonetti & Associates Brokerage Phone: 310-621-5155 License #00368946 Listed on: 12/12/2020

Simonetti & Associates

Co-Listed By

Carl Whidden

Whidden Realty Brokerage Phone: 310-621-5155 License #01073927

Last Buyer's Agent

Sam Lou

Berkshire Hathaway HomeServices California Properties License #01221157

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,968

Year Built

  • Built in 1919

Lot Details

  • 0.93 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre
  • 7374018017

Home Design

  • 4,118 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 440
  • Assessor Parcel Number 7374018016

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 5 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,968

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 310-871-2865
  • Property Attached: No
  • Zoning: LOA1*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7374018016
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 485.67

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 7374018017
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 40697.00
  • Lot Size Acres: 0.9343
  • Latitude Manual: 33.80582700

Multi Family

  • Lot Size Area: 40697.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Rent Control: No

Tax Info

  • Tax Census Tract: 6700.01
  • Tax Lot: 18
  • Tax Tract Number: 440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2005
Sold by
International Church Of Christian Assemb
Bought by
Ola Fou United Samoan Church Of America
Current Estimated Value
$2,353,885
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
Ola Fou United Samoan Church Of America -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ola Fou United Samoan Church Of America $53,000
Closed Ola Fou United Samoan Church Of America $45,000
Closed Ola Fou United Samoan Church Of America $335,000
Closed Ola Fou United Samoan Church Of America $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $2,000,000 -12.7% $486 / Sq Ft
12/12/2020 12/12/20 For Sale $2,290,000 -- $556 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,968 $1,017,485 $1,006,661 $10,824
2024 $12,968 $997,535 $986,923 $10,612
2023 $12,750 $977,976 $967,572 $10,404
2022 $12,152 $958,800 $948,600 $10,200
2021 $15,347 $1,223,362 $1,158,983 $64,379
2020 $703 $1,210,819 $1,147,100 $63,719
2019 $699 $1,187,078 $1,124,608 $62,470
2018 $708 $1,163,803 $1,102,557 $61,246
2016 $13,824 $1,118,614 $1,059,745 $58,869
2015 $695 $1,101,812 $1,043,827 $57,985
2014 $715 $1,080,230 $1,023,380 $56,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20254624

California Regional Multiple Listing Service (CRMLS)

APN: 7374-018-017