24654 Cypress St Lomita, CA 90717
3
Beds
2
Baths
1,182
Sq Ft
5,961
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- Back and Front Yard
- Neighborhood Views
- Rectangular Lot
- 1-Story Property
About This Home
As of December 2024FIXER – Perfect for Flippers, Savvy Investors or Developers who want to build an Architectural Dream House in the hot Lomita market. Selling Price is Close to Lot Value.
Original 1924 Major Fixer is located on one of the nicest tree lined streets in Lomita. There is currently a 1,182 sq. ft. 3Br/2Ba house situated on the generous 5,961 sq. ft. lot. The large backyard is ideal for hosting gatherings with family and friends.
Property is sold in AS IS condition. One bathroom as been taken down to studs. DO NOT WALK ON PROPERTY OR DISTURB OCCUPANTS IN
ANY MANNER.
Seller is willing to consider offers asking for concessions.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-233-2800 License #01069014 Listed on: 10/20/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,821
Year Built
- Built in 1946
Lot Details
- 5,961 Sq Ft Lot
- Rectangular Lot
- Level Lot
- Back and Front Yard
- Value in Land
- Property is zoned LOR1*
Parking
- 2 Car Garage
Interior Spaces
- 1,182 Sq Ft Home
- 1-Story Property
- Neighborhood Views
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 15
- Tax Tract Number 480
- Assessor Parcel Number 7376012010
- $554 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2024
Closed on
Dec 6, 2024
Sold by
Morvice Alan F and Fa Patricia
Bought by
Lomita Cypress Property Llc
Seller's Agent
Michael Millea
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Mansour Bigdeli
Century 21 Union Realty
Sold Price
$750,000
Views
5
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$1,050,000
Outstanding Balance
$1,044,467
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$268,544
Purchase Details
Closed on
Oct 17, 2003
Sold by
Morvice Alan F
Bought by
Morvice Alan F and Morvice Patricia T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.4%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 25, 1999
Sold by
Morvice Alan F
Bought by
Morvice Alan F and Morvice Patricia T
Purchase Details
Closed on
Jul 7, 1998
Sold by
And P T Morvice Trust Morvice, Alan F And Pat
Bought by
Morvice Alan F and Morvice Patricia T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
7.03%
Similar Homes 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 | $750,000 | Fidelity National Title | |
| Grant Deed | $750,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Gateway Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,050,000 | New Conventional | |
| Closed | $1,050,000 | New Conventional | |
| Previous Owner | $204,037 | New Conventional | |
| Previous Owner | $235,000 | Unknown | |
| Previous Owner | $177,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | For Rent | $3,200 | 0.0% | -- |
| 12/13/2024 12/13/24 | Sold | $750,000 | -- | $635 / Sq Ft |
| 10/29/2024 10/29/24 | Pending | -- | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $5,821 | $450,726 | $360,939 | $89,787 |
| 2023 | $5,721 | $441,889 | $353,862 | $88,027 |
| 2022 | $5,447 | $433,225 | $346,924 | $86,301 |
| 2021 | $5,387 | $424,731 | $340,122 | $84,609 |
| 2019 | $5,215 | $412,135 | $330,035 | $82,100 |
| 2018 | $5,121 | $404,055 | $323,564 | $80,491 |
| 2016 | $4,897 | $388,366 | $311,000 | $77,366 |
| 2015 | $4,817 | $382,533 | $306,329 | $76,204 |
| 2014 | $4,817 | $375,041 | $300,329 | $74,712 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Millea
Seller's Agent in 2024
Michael Millea
Lyon Stahl Investment Real Estate, Inc.
(310) 251-2083
2 in this area
40 Total Sales
-
Mansour Bigdeli
Buyer's Agent in 2024
Mansour Bigdeli
Century 21 Union Realty
(310) 793-3377
7 in this area
49 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24217013
APN: 7376-012-010
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