229 E 219th St Carson, CA 90745
12
Beds
8
Baths
5,416
Sq Ft
0.46
Acres
Highlights
- 0.46 Acre Lot
- Laundry Room
- 1-Story Property
About This Home
As of October 2024Offers due by May 17th! 8 homes on a large 19,846 sqft corner lot. 229 E
219th St can be delivered fully vacant at close of
escrow for a buyer to either renovate the existing
homes, demolish and rebuild townhomes,
apartments, or create a small lot subdivision for
homes. The unit mix is comprised of (4) 2-Bed/1-
Bath and (4) 1-Bed/1-Bath units. Each unit has a
private yard. 229 E 219th St is located off Main St
and Carson St, which is conveniently situated
near the 110 and 405 freeways giving any tenants
or future owners easy access to get around the
city. Upon stabilization, the property will operate
at a 8.00% CAP and 8.86 GRM.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02035763 Listed on: 05/01/2024
Co-Listed By
Nicholas Croxton
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02019996
Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02035763 Listed on: 05/01/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,826
Year Built
- Built in 1952
Lot Details
- 0.46 Acre Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 6 Car Garage
Home Design
- Apartment
Interior Spaces
- 5,416 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 41
- Tax Tract Number 2982
- Assessor Parcel Number 7335003034
- $5,095 per year additional tax assessments
Community Details
Overview
- 8 Buildings
- 8 Units
Building Details
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $59,976
- Gross Income $248,400
- Net Operating Income $176,004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2024
Closed on
Sep 11, 2024
Sold by
Jocelyn Johnson Trust and Mel Jocelyn Paige
Bought by
Khakwani Abdul Aziz and Khakwani Alimohammad
Seller's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
List Price
$2,200,000
Sold Price
$2,000,000
Premium/Discount to List
-$200,000
-9.09%
Views
40
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
$70,476
Avg. Annual Appreciation
4.26%
Original Mortgage
$1,400,000
Outstanding Balance
$1,386,932
Interest Rate
6.46%
Mortgage Type
Seller Take Back
Estimated Equity
$683,544
Purchase Details
Closed on
Jun 17, 2024
Sold by
Khakwani Anita
Bought by
Khakwani Abdul Aziz and Khakwani Alimohammad
Purchase Details
Closed on
Oct 11, 2018
Sold by
Mel Jocelyn Paige
Bought by
The Jocelyn Johnson Trust
Purchase Details
Closed on
Mar 16, 2009
Sold by
Johnson Jocelyn and Zimmerman Decedents Trust
Bought by
Johnson Jocelyn and Patricia Zimmerman Trust
Purchase Details
Closed on
Aug 3, 1994
Sold by
Zimmerman Edward B and Zimmerman Patricia J
Bought by
Zimmerman Edward B and Zimmerman Patricia
Similar Home in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,000,000 | Chicago Title Company | |
| Quit Claim Deed | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,400,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/08/2024 10/08/24 | Sold | $2,000,000 | 0.0% | $369 / Sq Ft |
| 09/20/2024 09/20/24 | Off Market | $2,000,000 | -- | -- |
| 05/01/2024 05/01/24 | For Sale | $2,200,000 | -- | $406 / 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 | $7,826 | $2,000,000 | $1,600,000 | $400,000 |
| 2024 | $7,826 | $216,256 | $82,875 | $133,381 |
| 2023 | $7,619 | $212,016 | $81,250 | $130,766 |
| 2022 | $7,312 | $207,859 | $79,657 | $128,202 |
| 2021 | $7,178 | $203,785 | $78,096 | $125,689 |
| 2020 | $6,964 | $202,197 | $77,296 | $124,901 |
| 2019 | $6,832 | $198,243 | $75,781 | $122,462 |
| 2018 | $4,787 | $194,367 | $74,296 | $120,071 |
| 2016 | $4,419 | $186,341 | $71,412 | $114,929 |
| 2015 | $4,330 | $183,543 | $70,340 | $113,203 |
| 2014 | $4,342 | $179,949 | $68,963 | $110,986 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
2 in this area
182 Total Sales
-
N
Seller Co-Listing Agent in 2024
Nicholas Croxton
Lyon Stahl Investment Real Estate, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24086084
APN: 7335-003-034
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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