NOT LISTED FOR SALE

24606 Narbonne Ave Lomita, CA 90717

Estimated Value: $1,963,878

3 Beds
3 Baths
7,026 Sq Ft
$280/Sq Ft Est. Value

Last Sold April 02, 2014

Last sale price $1,030,000 $147 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $12,144/month

32 Days on Market

About This Home

As of April 2014

Best location prime South Bay area building at Lomita Blvd. & Narbonne Ave. 2 stories immaculate income property. 6unites apartment upstairs, and 2 stores downstairs. Property is zoned LOCG-commercial, use as mixed units.

Last Agent to Sell the Property

Mina Yamase

New Star Realty & Investment License #01857116 Listed on: 01/28/2014

Last Buyer's Agent

Mina Yamase

New Star Realty & Investment License #01857116 Listed on: 01/28/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,707

Year Built

  • Built in 1922

Lot Details

  • 3,838 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Home Design

  • 7,026 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 24
  • Tax Tract Number 47
  • Assessor Parcel Number 7376017026

Community Details

Overview

  • 6 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $190
  • Insurance Expense $200
  • Maintenance Expense $40
  • Professional Management Expense $50
  • Trash Expense $89
  • Water Sewer Expense $200
  • New Taxes Expense $770
  • Gross Income $8,000
  • Net Operating Income $7,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,707

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Professional Management Expense: 50.00
  • Property Attached: Yes
  • Water Sewer Expenses: 200.00
  • Property Type: Residential Income
  • Parcel Number: 7376017026
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 146.60

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Unknown
  • Trash Expense: 89.00

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 3838.00
  • Lot Size Acres: 0.0880

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 190.00
  • Gross Income: 8000.00
  • Gross Scheduled Income: 96000.00
  • Insurance Expense: 200.00
  • Lot Size Area: 3838.0000 Square Feet
  • Maintenance Expense: 40.00
  • Net Operating Income: 7500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 6
  • Operating Expense: 500.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 770.00
  • Tax Lot: 24
  • Tax Tract Number: 47
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2019
Sold by
Hatsushi Kyoko
Bought by
Hatsushi Kyoko and The Kyoko Hatsushi Revocable T
Current Estimated Value
$1,963,878

Purchase Details

Listed on
Jan 28, 2014
Closed on
Mar 28, 2014
Sold by
Chang Leen Sup
Bought by
Hatsushi Kyoko
Seller's Agent
Mina Yamase
New Star Realty & Investment
Buyer's Agent
Mina Yamase
New Star Realty & Investment
List Price
$1,150,000
Sold Price
$1,030,000
Premium/Discount to List
-$120,000
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%

Purchase Details

Closed on
May 28, 2003
Sold by
Kim Jung Kil and Kim Myung Soon
Bought by
Chang Leen Sup

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
5.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2000
Sold by
Kim Chaeja J
Bought by
Kim Jung Kil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,250
Interest Rate
8.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Hatsushi Kyoko -- None Available
Hatsushi Kyoko $1,030,000 Fidelity Sherman Oaks
Chang Leen Sup $560,000 Chicago Title Co
Kim Jung Kil $365,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Leen Sup $515,000
Previous Owner Chang Leen Sup $550,000
Previous Owner Chang Leen Sup $365,000
Previous Owner Kim Jung Kil $237,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2014 04/02/14 Sold $1,030,000 -10.4% $147 / Sq Ft
03/01/2014 03/01/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $1,150,000 -- $164 / 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 $16,707 $1,262,624 $490,338 $772,286
2024 $16,707 $1,237,868 $480,724 $757,144
2023 $16,425 $1,213,598 $471,299 $742,299
2022 $15,674 $1,189,803 $462,058 $727,745
2021 $15,507 $1,166,475 $452,999 $713,476
2019 $15,030 $1,131,879 $439,564 $692,315
2018 $14,854 $1,109,687 $430,946 $678,741
2016 $14,134 $1,066,599 $414,213 $652,386
2015 $13,919 $1,050,579 $407,992 $642,587
2014 $9,531 $661,623 $236,292 $425,331
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mina Yamase

    New Star Realty & Investment

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14018962

California Regional Multiple Listing Service (CRMLS)

APN: 7376-017-026

California Los Angeles County Lomita 90717

24606 Narbonne Ave, Lomita, CA

This home is located at 24606 Narbonne Ave, Lomita, CA 90717 since 28 January 2014 and is currently estimated at $1,963,878, approximately $279 per square foot. This property was built in 1922. 24606 Narbonne Ave is a home located in Los Angeles County with nearby schools including President Avenue Elementary School, Alexander Fleming Middle School, and Nathaniel Narbonne Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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