NOT LISTED FOR SALE

241 W 220th St Carson, CA 90745

Estimated Value: $1,060,040 - $1,647,000

8 Beds
4 Baths
2,184 Sq Ft
$588/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $640,000 $293 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $7,265/month

12 Days on Market

About This Home

As of March 2016

Wonderful opportunity to own a 4 unit, FHA ready property in Carson that is perfectly situated to deliver strong cash flow from day one. Property is just two blocks from W. Carson St and all that it has to offer - restaurants, shopping, super markets. Property features 6+ uncovered parking spaces in the year, in addition to 4+ spots directly in front of the units. Three of the four units will be delivered occupied delivering $3,824 in gross monthly income. Fourth unit will be delivered vacant at the close of escrow and has been tastefully remodeled with dark wood laminate flooring, new kitchen cabinets, bathroom vanity, shower surround and paint throughout. This property presents an ideal chance for owner occupants looking for rental income to offset the mortgage, or for investors looking for cash flow. 6.5+ CAP rate on pro forma rents. Please read private remarks for showing instructions.

Last Agent to Sell the Property

John Chelius

Property Works RE, Inc. License #01936287 Listed on: 01/29/2016

Last Buyer's Agent

Rena Braud

Compass License #01128549

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 9,826 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 16 Parking Spaces

Home Design

  • 2,184 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 3612
  • Assessor Parcel Number 7343016009

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7343016009
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 293.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9826.00
  • Price Per Lot Square Foot: 65.13
  • Lot Size Acres: 0.2260

Multi Family

  • Average2 Bed Area: 546
  • Lot Size Area: 9826.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 52
  • Tax Tract Number: 3612

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2021
Sold by
Almazan Efren D and Cabatan-Almazan Aileen
Bought by
Almazan Family Trust and Almazan
Current Estimated Value
$1,212,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,481
Outstanding Balance
$401,892
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$881,868

Purchase Details

Closed on
Aug 16, 2019
Sold by
Almazan Efren D and Cabatan Almazan Aileen
Bought by
Almazan Efren D and Cabatan Almazan Aileen

Purchase Details

Closed on
Jul 11, 2017
Sold by
Almazan Efren and Almazan Aileen
Bought by
Almazan Efren and Cabatan Almazan Aileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2015
Sold by
Sovereign Ventures Inc
Bought by
Almazan Efren and Almazan Aileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2014
Sold by
Gutierrez Frank P
Bought by
Sovereign Ventures Inc

Purchase Details

Closed on
Oct 27, 2004
Sold by
Gutierrez Frank P
Bought by
Gutierrez Frank P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Almazan Family Trust -- Placer Title
Almazan Efren D -- Placer Title
Almazan Efren D -- None Available
Almazan Efren -- Title 365
Almazan Efren $575,000 Provident Title Company
Sovereign Ventures Inc -- None Available
Gutierrez Frank P -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almazan Efren D $443,481
Previous Owner Almazan Efren $450,000
Previous Owner Almazan Efren $431,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $640,000 +13.3% $293 / Sq Ft
12/29/2015 12/29/15 Pending -- -- --
12/17/2015 12/17/15 For Sale $565,000 -- $259 / 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 $11,143 $691,055 $300,457 $390,598
2024 $10,743 $677,506 $294,566 $382,940
2023 $10,505 $664,223 $288,791 $375,432
2022 $9,999 $651,200 $283,129 $368,071
2021 $9,868 $638,432 $277,578 $360,854
2020 $9,803 $631,886 $274,732 $357,154
2019 $9,470 $619,497 $269,346 $350,151
2018 $9,280 $607,351 $264,065 $343,286
2016 $8,936 $583,768 $253,812 $329,956
2015 $7,097 $435,021 $203,996 $231,025
2014 $3,399 $117,291 $71,117 $46,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15263493

California Regional Multiple Listing Service (CRMLS)

APN: 7343-016-010