NOT LISTED FOR SALE

2062 255th St Lomita, CA 90717

Estimated Value: $1,264,000 - $1,676,644

7 Beds
3 Baths
3,034 Sq Ft
$483/Sq Ft Est. Value

Last Sold August 23, 2012

Last sale price $645,000 $213 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $8,855/month

About This Home

As of August 2012

Three homes on a large lot located in the City of Lomita.

Last Agent to Sell the Property

Woody Stahl

Lyon Stahl Investment Real Est License #01399621 Listed on: 07/10/2012

Lyon Stahl Investment Real Est

Last Buyer's Agent

Woody Stahl

Lyon Stahl Investment Real Est License #01399621 Listed on: 07/10/2012

Lyon Stahl Investment Real Est

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,548

Year Built

  • Built in 1962

Lot Details

  • 0.46 Acre Lot

Parking

  • 4 Car Garage

Home Design

  • 3,034 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 218
  • Tax Tract Number 848
  • Assessor Parcel Number 7375023023

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,280
  • Trash Expense $500
  • Water Sewer Expense $500
  • New Taxes Expense $8,737
  • Operating Expense $17,517
  • Gross Income $3,500
  • Net Operating Income $22,383

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,548

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Water Sewer Expenses: 500.00
  • Property Type: Residential Income
  • Parcel Number: 7375023023
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 212.59

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Trash Expense: 500.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 19989.00
  • Lot Size Acres: 0.4590

Multi Family

  • Gross Income: 3500.00
  • Gross Scheduled Income: 42000.00
  • Insurance Expense: 1280.00
  • Lot Size Area: 19989.0000 Square Feet
  • Net Operating Income: 22383.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 17517.00
  • Rent Control: No
  • Total Actual Rent: 3500.00
  • Total Expenses: 17517.00

Tax Info

  • New Taxes Expense: 8737.00
  • Tax Lot: 218
  • Tax Tract Number: 848

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2021
Sold by
Westhoff Douglas James and Westhoff Pamela Lynne
Bought by
Westhoff 255Th And 12Th Street Llc
Current Estimated Value
$1,463,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,000
Outstanding Balance
$553,813
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$915,183

Purchase Details

Closed on
Feb 14, 2019
Sold by
Westoff 255Th And 12Th St Llc
Bought by
Westhoff Douglas James and Westhoff Pamela Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 7, 2012
Sold by
Westhoff James and Westhoff Pamela Lynne
Bought by
Westhoff 255Th & 12Th St Llc

Purchase Details

Listed on
Jul 10, 2012
Closed on
Jul 17, 2012
Sold by
Mullins Margaret M
Bought by
Westhoff Douglas James and Westhoff Pamela L
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Woody Stahl
Lyon Stahl Investment Real Est
List Price
$649,000
Sold Price
$645,000
Premium/Discount to List
-$4,000
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$431,900
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2012
Closed on
Jul 6, 2012
Sold by
Westhoff Douglas James and Westhoff Pamela L
Bought by
Westhoff Douglas James and Westhoff Pamela Lynne
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Woody Stahl
Lyon Stahl Investment Real Est
List Price
$649,000
Sold Price
$645,000
Premium/Discount to List
-$4,000
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,900
Interest Rate
3.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Westhoff 255Th And 12Th Street Llc -- Equity Title Company
Westhoff Douglas James -- First American Title Ins Co
Westhoff 255Th & 12Th St Llc -- None Available
Westhoff Douglas James -- Progressive Title Company
Westhoff Douglas James -- Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westhoff 255Th And 12Th Street Llc $606,000
Previous Owner Westhoff Douglas James $624,000
Previous Owner Westhoff Douglas James $431,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2012 08/23/12 Sold $645,000 -0.6% $213 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $649,000 -- $214 / 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 $10,548 $794,261 $615,709 $178,552
2024 $10,548 $778,688 $603,637 $175,051
2023 $10,373 $763,420 $591,801 $171,619
2022 $9,895 $748,452 $580,198 $168,254
2021 $9,789 $733,777 $568,822 $164,955
2020 $9,865 $726,254 $562,990 $163,264
2019 $9,492 $712,014 $551,951 $160,063
2018 $9,191 $698,054 $541,129 $156,925
2016 $8,759 $670,950 $520,117 $150,833
2015 $8,621 $660,873 $512,305 $148,568
2014 $8,632 $647,928 $502,270 $145,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12085650

California Regional Multiple Listing Service (CRMLS)

APN: 7375-023-023