NOT LISTED FOR SALE
10 Beds
7 Baths
5,432 Sq Ft
7,144 Sq Ft Lot

Sale Details

Date Sold: April 2, 2013

Last sale price $1,325,000 $244 Per Sq Ft

3 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 4-minute walk to Hilltop Park
  • Center Street Elementary Rated A+

About This Home

As of April 2013

This is a Trustee Sale of an excellent El Segundo apartment complex of 5 apartments with 2-2car enclosed garages and 5-1 car enclosed garages. There are 3 buildings total. Front building built 1986 has 2 large 2bd/2ba units that each have a 2-car enclosed garage. Middle building is a 2bd/1ba unit upstairs over garages, and rear building has 2-2bd/1ba units one up and one down. These units, built in 1962, have a one car garage each. Total of 10 bedrooms & 7 baths.
Property is well located in walking distance to the downtown, restaurants and recreation park. It is just over 1 mile to the beach.

Last Agent to Sell the Property

Ken Schofield

Schofield Realty, Inc. License #00387822 Listed on: 01/28/2013

Last Buyer's Agent

Ken Schofield

Schofield Realty, Inc. License #00387822 Listed on: 01/28/2013

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,144 Sq Ft Lot
  • Lot Dimensions are 50 x 143
  • 1 Common Wall
  • Corner Lot

Parking

  • 7 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 5,432 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 7 / 28
  • Tax Tract Number 6200
  • Assessor Parcel Number 4135017027

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Electric Expense $400
  • Gardener Expense $600
  • Insurance Expense $1,750
  • Maintenance Expense $12,000
  • Professional Management Expense $3,000
  • Trash Expense $600
  • Water Sewer Expense $1,420
  • New Taxes Expense $14,500
  • Gross Income $8,525
  • Net Operating Income $67,167

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

7,144 Sq Ft Lot

Parking

7

Listing Details

  • Professional Management Expense: 3000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1420.00
  • Zoning: ESR3YY
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 4135017027
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 243.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Features: Corner Lot
  • Lot Size: 50 x 143
  • Lot Size Sq Ft: 7144.00
  • Lot Size Acres: 0.1640

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 400.00
  • Gross Income: 8525.00
  • Gross Multiplier: 13.44
  • Gross Scheduled Income: 102300.00
  • Insurance Expense: 1750.00
  • Lot Size Area: 7144.0000 Square Feet
  • Maintenance Expense: 12000.00
  • Net Operating Income: 67167.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 34110.00
  • Operating Expense Percent: 33.00
  • Rent Control: No
  • Vacancy Allowance Rate: 1.00

Tax Info

  • New Taxes Expense: 14500.00
  • Tax Block: 28
  • Tax Lot: 7
  • Tax Tract Number: 6200
  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2024
Sold by
Bought by

Purchase Details

Listed on
Jan 28, 2013
Closed on
Feb 11, 2013
Sold by
Bought by
Seller's Agent
Ken Schofield
Schofield Realty, Inc.
Buyer's Agent
Ken Schofield
Schofield Realty, Inc.
List Price
$1,375,000
Sold Price
$1,325,000
Premium/Discount to List
-$50,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$861,250
Interest Rate
3.49%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 13, 2012
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,325,013 Fidelity National Title Co
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,475,000
Previous Owner $1,149,750
Previous Owner $861,250
Previous Owner $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/02/2013 04/02/13 Sold $1,325,000 -3.6% $244 / Sq Ft
01/31/2013 01/31/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $1,375,000 -- $253 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $19,193 $1,631,632 $985,138 $646,494
2024 $18,732 $1,599,640 $965,822 $633,818
2023 $18,254 $1,568,276 $946,885 $621,391
2022 $18,446 $1,537,526 $928,319 $609,207
2021 $18,192 $1,507,379 $910,117 $597,262
2020 $17,860 $1,491,923 $900,785 $591,138
2019 $17,590 $1,462,671 $883,123 $579,548
2018 $16,491 $1,433,992 $865,807 $568,185
2016 $15,900 $1,378,311 $832,188 $546,123
2015 $15,707 $1,357,608 $819,688 $537,920
2014 $15,396 $1,331,015 $803,632 $527,383
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13013380

California Regional Multiple Listing Service (CRMLS)
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