NOT LISTED FOR SALE

2041 Lomita Park Place Lomita, CA 90717

Estimated Value: $926,000 - $1,101,000

3 Beds
2 Baths
1,364 Sq Ft
$729/Sq Ft Est. Value

Last Sold June 26, 2013

Last sale price $510,500 $374 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,960/month

9 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 2 Car Garage
  • Living Room with Fireplace
  • Ground Level Unit
  • 3-minute walk to Lomita Park

About This Home

As of June 2013

RARE OPPORTUNITY!!! Gorgeous 2 permitted units on one lot bordering Southeast Torrance in a Lomita residential neighborhood. 868 front house 496 back house total 1364 per assessor; Front House 2bed/1bath can rent for $1,800 & back house was built in 2007 1bed/1bath can rent for $1,100. There is also a detached two-car garage and a long drive-way. Great for owner user or family. Live in one and rent the other, use the back unit as a guest house or mother/father in law quarters, or acquire a great income property in a nice area. Rents and expenses are proforma. Both Units are owner occupied so they can be delivered vacant at COE. DO NOT DISTURB OCCUPANTS.

Last Agent to Sell the Property

Negin Stern

LeMark Realty License #01729055 Listed on: 05/01/2013

Last Buyer's Agent

Matin Ghadakchi

Fair Trade Real Estate License #02079917

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,943

Year Built

  • Built in 1954

Lot Details

  • 5,388 Sq Ft Lot
  • South Facing Home

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Driveway

Home Design

  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,364 Sq Ft Home
  • 1-Story Property
  • French Doors
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry in Garage

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Deck
  • Ground Level Unit

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 7374-019-055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,943

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Ranch
  • Levels: Ground Level
  • Street Number Display: Yes
  • Living Area: 1364
  • Stories: 1
  • Year Built: 1954
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 2
  • Number Refrigerator: 2
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Counter Top
  • Laundry: Garage, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Microwave
  • Price Per S Q F T: 365.84

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: French Doors
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Construction: Frame and Stucco
  • Patio: Deck(s)
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Garage Structures: 1
  • Parking Garage: Driveway - Concrete, Garage - 2 Car, Garage Is Detached
  • Total Parking: 2

Utilities

  • Electric Expense: 1200.00
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Water Expense: 600.00
  • Water Heaters: Yes

Fee Information

  • Gas Expense: 600.00
  • Insurance Expense: 1000.00
  • Maintenance Expense: 500.00
  • Trash Expense: 500.00

Lot Info

  • Assessed Improvement Value: 109000
  • Assessed Land Value: 270000
  • Assessor Parcel Number: 7374-019-055
  • Geocode Override: No
  • Lot Size Area: 5388

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.34
  • Number Of Units: 2
  • Total Annual Expense: 11500
  • Type Of Units: 2 units
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 4738.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2013
Closed on
May 20, 2013
Sold by
Donovan Keary and Donovan Juliana
Bought by
Bucher Randy and Bucher Arasell
Seller's Agent
Negin Stern
LeMark Realty
Buyer's Agent
Matin Ghadakchi
Fair Trade Real Estate
List Price
$499,000
Sold Price
$510,500
Premium/Discount to List
$11,500
2.3%
Current Estimated Value
$994,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,942
Avg. Annual Appreciation
5.42%
Original Mortgage
$408,400
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2002
Sold by
Caffaratto Roxana
Bought by
Donovan Keary and Donovan Juliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,771
Interest Rate
6.37%

Purchase Details

Closed on
Sep 10, 1998
Sold by
Osterman Richard A
Bought by
Caffaratto Roxana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
6.88%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bucher Randy $510,500 Provident Title Company
Donovan Keary $329,000 Chicago Title Insurance Co
Caffaratto Roxana -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bucher Randy $150,000
Open Bucher Randy $450,000
Closed Bucher Randy $160,000
Closed Bucher Randy $412,500
Closed Bucher Randy $408,400
Previous Owner Donovan Keary $250,000
Previous Owner Donovan Keary $125,000
Previous Owner Donovan Keary $100,000
Previous Owner Donovan Keary $20,000
Previous Owner Donovan Keary $294,000
Previous Owner Donovan Keary $295,771
Previous Owner Caffaratto Roxana $178,400
Closed Caffaratto Roxana $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2013 06/26/13 Sold $510,500 +2.3% $374 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $499,000 -- $366 / Sq Ft
Source: The MLS

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 $7,943 $629,249 $382,967 $246,282
2024 $7,943 $616,911 $375,458 $241,453
2023 $7,805 $604,816 $368,097 $236,719
2022 $7,431 $592,958 $360,880 $232,078
2021 $7,349 $581,332 $353,804 $227,528
2020 $7,408 $575,372 $350,177 $225,195
2019 $7,115 $564,091 $343,311 $220,780
2018 $6,994 $553,031 $336,580 $216,451
2016 $6,694 $531,558 $323,511 $208,047
2015 $6,585 $523,574 $318,652 $204,922
2014 $6,586 $513,319 $312,411 $200,908
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 13-669151

The MLS

APN: 7374-019-055