NOT LISTED FOR SALE

2240 Lorain Rd San Marino, CA 91108

Estimated Value: $2,135,000 - $3,115,000

3 Beds
2.5 Baths
1,981 Sq Ft
$1,295/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $1,800,000 $909 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $14,686/month

88 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Bonus Room
  • Valentine Elementary Rated A+
  • Main Floor Bedroom
  • Pool View

About This Home

As of April 2023

INTERESTED PARTIES CAN OVERBID ON 4/4/23 AT 11:00A.M. IN BANKRUPTCY COURT AT 255 E. TEMPLE ST, COURTROOM 1568, LOS ANGELES FOR A MINIMUM OVERBID OF $1,825,000. NO LATER THAN 3/30/23, YOU MUST DELIVER: 1.) A CASHIER’S CHECK IN AMOUNT OF $55,000 PAYABLE TO JINZHENG GROUP (USA) LLC; 2.) A WRITTEN OFFER ON THE FORM ATTACHED AS EXHIBIT “2” TO DEBTOR’S MOTION TO AUTHORIZE SALE OF REAL PROPERTY; 3.) PROVIDE WRITTEN PROOF OF ABILITY TO CLOSE ESCROW ACCEPTABLE IN SOLE DISCRETION OF THE DEBTOR. PLEASE CALL LISTING AGENT FOR COPY OF DISCLOSURES AND DEBTOR’S MOTION TO AUTHORIZE SALE OF REAL PROPERTY.

Idyllically situated on an oversized 16,061sqft lot in a highly sought-after area, this 3BR/2.5BA, 1,981sqft residence exudes sophistication with stunning vernacular architecture, impeccably manicured landscaping, and gorgeous arched shutters. Marvelously fashioned for modern desires, the dazzling interior welcomes with gleaming hardwood flooring, a chic color scheme, an entertainment-ready floorplan, tons of shimmering natural light, thick crown moulding, and an expansive living room with beautiful French doors, lovely built-ins, recessed lighting, and a well-appointed floor-to-ceiling fireplace. Dream up delicious concoctions in the gourmet kitchen, a breakfast area, a dining room, and an adjoining family room with French doors to the massive patio. Explore the fully fenced in backyard to find a sparkling swimming pool, a spa, pool fencing, a whimsical bridge, open greenspace, curving pool surrounds, citrus/fruit trees, and plenty of room for future customization. The main-level primary bedroom has double entry doors, an ultra-modern ceiling fan, multiple windows, and an attached en suite with a shower/tub combo, a pedestal sink, and custom tilework. Enjoy the area as a private office, closet space, or gym. Two extra bedrooms are generously sized with dedicated closets and may also be excellent for lifestyle-specific flex spaces. Other features: gated and detached 2-car garage, basement area with laundry, security system, near shopping, restaurants, award-winning schools, and entertainment, and so much more! Call now to schedule your private and exclusive showing!
**Furnitures in the photos are virtually staged for illustration only.**
**The property to be sold "as-is" **
**The sale is subject to bankruptcy court approval and over-bid and special addendum to accompany all offers.**

Last Agent to Sell the Property

Stephen Eng

Lux Living Estates License #01946974 Listed on: 01/05/2023

Last Buyer's Agent

DAVID XU

EXCELLENCE RE REAL ESTATE License #02044607

EXCELLENCE RE REAL ESTATE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 0.37 Acre Lot
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Lawn
  • Back Yard
  • Property is zoned SOR110*

Parking

  • 2 Car Garage

Property Views

  • Pool
  • Neighborhood

Interior Spaces

  • 1,981 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Home Office
  • Bonus Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • In Ground Pool
  • Fence Around Pool

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 149
  • Tax Tract Number 8954
  • Assessor Parcel Number 5365019052
  • $2,342 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: SOR110*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5365019052
  • Year Built: 1938
  • Special Features: 20

Interior Features

  • Fireplace: Yes
  • Living Area: 1981.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 908.63
  • Room Type: All Bedrooms Down, Bonus Room, Den, Family Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Multi-Level Bedroom, Office, Walk-In Closet

Exterior Features

  • View: Neighborhood, Pool
  • Pool Features: Private, Fenced, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Lawn, Lot 10000-19999 Sqft, Rectangular Lot, Level, Sprinkler System, Walkstreet
  • Lot Size Sq Ft: 16061.00
  • Lot Size Acres: 0.3687

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 16061.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4641.01
  • Tax Lot: 149
  • Tax Tract Number: 8954
  • TaxOtherAnnualAssessmentAmount: 2342.00

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2019
Sold by
Yang Jianqing
Bought by
Jinzheng Group Llc
Current Estimated Value
$2,460,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.7%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 7, 2018
Sold by
Yang
Bought by
Scec

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.83%

Purchase Details

Closed on
Apr 18, 2018
Sold by
Fu Baoying
Bought by
Yang Jianqing

Purchase Details

Closed on
Apr 17, 2018
Sold by
Yang Chao
Bought by
Yang Jianqing

Purchase Details

Listed on
Jul 26, 2016
Closed on
Sep 23, 2016
Sold by
Moshir Mehrdad M
Bought by
Yang Chao and Yang Jianqing
Seller's Agent
Noushine Rostamian
Coldwell Banker Realty
Buyer's Agent
Gustavo Enriquez
High Ten Partners, Inc.
List Price
$2,000,000
Sold Price
$2,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%

Purchase Details

Closed on
Mar 3, 2004
Sold by
Moshir Gilda
Bought by
Moshir Mehrdad M

Purchase Details

Closed on
Dec 26, 2001
Sold by
Moshir Mehrdad
Bought by
Moshir Gilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Interest Rate
6.51%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 12, 1999
Sold by
Dilbeck Gloria and Dilbeck Irven L
Bought by
Moshir Gilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
7.63%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 11, 1999
Sold by
Moshir Mehrdad
Bought by
Moshir Gilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
7.63%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 18, 1994
Sold by
Cordell I L I and Cordell Audrey D
Bought by
Irven L Cordell & Audrey D Cordell 1993
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jinzheng Group Llc -- North American Title Co Inc
Scec -- --
Yang Jianqing -- None Available
Yang Jianqing -- None Available
Yang Chao $2,000,000 Pacific Coast Title
Moshir Mehrdad M -- --
Moshir Gilda -- First Southwestern Title Co
Moshir Gilda $538,000 Equity Title Company
Moshir Gilda -- Equity Title
Irven L Cordell & Audrey D Cordell 1993 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jinzheng Group Llc $410,000
Previous Owner Scec --
Previous Owner Moshir Gilda $607,500
Previous Owner Moshir Gilda $430,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $1,800,000 -1.4% $909 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/16/2023 03/16/23 Price Changed $1,825,000 +1.4% $921 / Sq Ft
01/05/2023 01/05/23 For Sale $1,800,000 -10.0% $909 / Sq Ft
10/11/2016 10/11/16 Sold $2,000,000 0.0% $1,010 / Sq Ft View Prior Sale
09/17/2016 09/17/16 Pending -- -- --
07/26/2016 07/26/16 For Sale $2,000,000 -- $1,010 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $22,604 $1,872,720 $1,498,176 $374,544
2024 $22,604 $1,836,000 $1,468,800 $367,200
2023 $25,019 $2,065,352 $1,377,042 $688,310
2022 $24,245 $2,024,856 $1,350,042 $674,814
2021 $23,807 $1,985,154 $1,323,571 $661,583
2020 $26,625 $2,258,831 $1,621,463 $637,368
2019 $24,729 $2,080,800 $1,664,640 $416,160
2018 $24,204 $2,040,000 $1,632,000 $408,000
2016 $9,860 $727,115 $421,958 $305,157
2015 $9,704 $716,194 $415,620 $300,574
2014 $9,589 $702,166 $407,479 $294,687
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS23002225

California Regional Multiple Listing Service (CRMLS)

APN: 5365-019-052