Seller's Agent in 2016
Richard Daskam
eXp Realty of California Inc
(562) 857-1965
18 in this area
107 Total Sales
2148 Gaviota Ave Signal Hill, CA 90755
Estimated Value: $1,054,000 - $1,297,464
6
Beds
3
Baths
2,580
Sq Ft
$471/Sq Ft
Est. Value
Highlights
- Ocean Side of Freeway
- No HOA
- Double Pane Windows
- Alvarado Elementary Rated 9+
- Galley Kitchen
- 3-minute walk to Signal Hill Park
About This Home
As of November 20163 units on a quiet street with a full size lot. Each unit has 2 bedrooms 1 bathroom and comes with a 1-car garage. Each unit has newer dual-pane windows allowing for lots of light but quiet and secure. Owner updated all three bathrooms with tile shower/tub, new shower doors, new sinks & counter tops, new flooring & paint. Kitchens were upgraded when current owner bought the building. Laundry hook-ups in each unit too! Each unit is about 860 SqFt plus the private garage. There is also room to park one car in front of each garage. The units have a locking gate from the street for their security and safety. The quiet street has a medical training school across the street so guest parking is ample. Owners have never had any issues renting the units in the building. Fully occupied units ready for the smart investor! There is an upside potential for rents with this building!
Last Agent to Sell the Property
eXp Realty of California Inc License #01091037 Listed on: 05/10/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,459
Year Built
- Built in 1961
Lot Details
- 3,751 Sq Ft Lot
- No Common Walls
- West Facing Home
- Wrought Iron Fence
- Wood Fence
Parking
- 3 Car Garage
- Parking Available
- Front Facing Garage
- Off-Street Parking
- Assigned Parking
Home Design
- Entry on the 1st floor
- Turnkey
- Slab Foundation
- Rolled or Hot Mop Roof
- Stucco
Interior Spaces
- 2,580 Sq Ft Home
- 2-Story Property
- Built-In Features
- Ceiling Fan
- Double Pane Windows
- Carpet
- Fire and Smoke Detector
Kitchen
- Galley Kitchen
- Electric Oven
- Electric Cooktop
Bedrooms and Bathrooms
- 6 Bedrooms
- All Upper Level Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Outdoor Features
- Ocean Side of Freeway
- Exterior Lighting
Utilities
- Radiant Heating System
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 13
- Tax Tract Number 2
- Assessor Parcel Number 7215011013
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 4 Separate Electric Meters
- 1 Separate Water Meter
- Electric Expense $344
- Gardener Expense $540
- Insurance Expense $2,000
- Pest Control $500
- Trash Expense $246
- Water Sewer Expense $791
- New Taxes Expense $8,750
- Gross Income $4,075
- Net Operating Income $40,829
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2016
Closed on
Nov 3, 2016
Sold by
Kramer Gail K
Bought by
Jones Jeremiah
Seller's Agent
Richard Daskam
eXp Realty of California Inc
Buyer's Agent
Jeff Boyce
Compass
List Price
$830,000
Sold Price
$805,000
Premium/Discount to List
-$25,000
-3.01%
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
$411,366
Avg. Annual Appreciation
4.72%
Purchase Details
Closed on
Apr 20, 2004
Sold by
Mattingley Ronald E and Mattingly Judith W
Bought by
Kramer Gail K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2%
Mortgage Type
Negative Amortization
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 |
|---|---|---|---|
| Jones Jeremiah | $805,000 | Chicago Title Company | |
| Kramer Gail K | $685,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kramer Gail K | $500,000 | |
| Closed | Kramer Gail K | $82,850 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2016 11/14/16 | Sold | $805,000 | -3.0% | $312 / Sq Ft |
| 10/26/2016 10/26/16 | Pending | -- | -- | -- |
| 10/13/2016 10/13/16 | For Sale | $830,000 | 0.0% | $322 / Sq Ft |
| 09/16/2016 09/16/16 | Pending | -- | -- | -- |
| 08/12/2016 08/12/16 | Price Changed | $830,000 | -5.1% | $322 / Sq Ft |
| 05/10/2016 05/10/16 | For Sale | $875,000 | -- | $339 / 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 | $12,459 | $934,267 | $638,320 | $295,947 |
| 2024 | $12,459 | $915,949 | $625,804 | $290,145 |
| 2023 | $12,255 | $897,990 | $613,534 | $284,456 |
| 2022 | $11,524 | $880,383 | $601,504 | $278,879 |
| 2021 | $11,298 | $863,121 | $589,710 | $273,411 |
| 2020 | $11,267 | $854,272 | $583,664 | $270,608 |
| 2019 | $11,143 | $837,522 | $572,220 | $265,302 |
| 2018 | $10,840 | $821,100 | $561,000 | $260,100 |
| 2016 | $7,817 | $600,000 | $200,000 | $400,000 |
| 2015 | $7,123 | $555,000 | $150,000 | $405,000 |
| 2014 | $6,246 | $470,000 | $89,100 | $380,900 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Daskam
-
Jeff Boyce
Buyer's Agent in 2016
Jeff Boyce
Compass
(562) 857-8318
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16099467
APN: 7215-011-013
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