Seller's Agent in 2021
Matthew Adamo
Matthew John Adamo
(310) 880-8628
1 in this area
13 Total Sales
25030 Cypress St Lomita, CA 90717
Estimated Value: $1,437,000 - $1,753,000
9
Beds
5
Baths
3,596
Sq Ft
$434/Sq Ft
Est. Value
About This Home
As of August 20214 freestanding units on a large lot (+/-) 10,227 sqft. Each unit has its own address. Front-Rear addresses: (1): 25030, (2): 25030 ½, (3): 25032, (4): 25032 ½. Units 1 & 4 built in 1929. Units 2 & 3 built in 1969. There are two 2-car garages and two 1-car garages with roll-up/auto opening doors and laundry hook-ups. Additionally, there are 2 covered car ports for a total of 8 car parking...2 per unit. New concrete driveway front to back in 2009/2010.
Units 1,2,3 are 2-bedroom, 1-bath. Units 1 & 2 are well below market rents. Unit 3 was recently renovated and is closer to market rent. All have upside potential for the new owner! All tenants are Month-To-Month. Current monthly rents (1): $1600. (2): $1540. (3): $1995. (4): was $2100, currently being improved. Potential monthly rents (1): $1900/$2400 with renovation. (2): $1700/$2200 with renovation. (3): $2200. (4): $2600. Unit (4) is currently being improved and would be ideal for an owner occupant. It has received a new roof, is receiving new flooring & baseboards, electrical outlets & switches, and fresh paint throughout. It has laundry hook-ups in the kitchen and dual pane windows were installed several years ago. Beside the unit is a casita/bungalow with its own entrance/exit, a sink, disposal, countertop, cabinets, closet and ¾ bathroom…for a total of 3 bedrooms and 2 bathrooms. The casita/bungalow is perfect for guests, home office, playroom, parties, or storage. The large enclosed grassy back yard with auto-sprinklers is ideal for outdoor family enjoyment. There is potential to create parking for an RV, boat or additional cars.
Last Agent to Sell the Property
Matthew John Adamo License #00922025 Listed on: 07/06/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,091
Year Built
- Built in 1969
Lot Details
- 10,156 Sq Ft Lot
- No Common Walls
- 7373011043
Parking
- 6 Car Garage
- 2 Carport Spaces
- Parking Available
- Three Garage Doors
- Shared Driveway
Home Design
- 3,596 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 62
- Tax Tract Number 480
- Assessor Parcel Number 7373011013
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 4 Units
Building Details
- 3 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $550
- Insurance Expense $1,353
- Maintenance Expense $1,824
- Other Expense $2,139
- Professional Management Expense $1,860
- Supplies Expense $2,442
- Trash Expense $900
- Water Sewer Expense $900
- New Taxes Expense $16,250
- Operating Expense $27,000
- Gross Income $74,370
- Net Operating Income $47,850
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2021
Closed on
Aug 4, 2021
Sold by
Dezso John F and Dezso Karmen K
Bought by
Wy Llc
Seller's Agent
Matthew Adamo
Matthew John Adamo
Buyer's Agent
DeDe Hsu
Estate Properties
List Price
$1,399,000
Sold Price
$1,700,000
Premium/Discount to List
$301,000
21.52%
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
-$139,333
Avg. Annual Appreciation
-2.15%
Purchase Details
Closed on
Sep 15, 2009
Sold by
Dezso John F and Dezso Karmen K
Bought by
Dezso John F and Dezso Karmen K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.18%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 17, 2009
Sold by
Smith Doris and Estate Of Daniel Robinett
Bought by
Dezso John F and Dezso Karmen K
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
4.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 7, 1997
Sold by
Henderson Teresa C
Bought by
Henderson Teresa C and Teresa C Perez Trust Agreement
Purchase Details
Closed on
Oct 23, 1997
Sold by
Henderson John Michael
Bought by
Henderson Teresa C
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wy Llc | $1,700,000 | Fidelity National Title | |
| Dezso John F | -- | Progressive Title Company | |
| Dezso John F | -- | Progressive Title Company | |
| Dezso John F | $730,000 | Fatcola | |
| Henderson Teresa C | -- | First American | |
| Henderson Teresa C | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wy Llc | $1,020,000 | |
| Previous Owner | Dezso John F | $460,000 | |
| Previous Owner | Dezso John F | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2021 08/30/21 | Sold | $1,700,000 | +13.4% | $473 / Sq Ft |
| 07/14/2021 07/14/21 | Pending | -- | -- | -- |
| 07/08/2021 07/08/21 | Price Changed | $1,499,000 | +7.1% | $417 / Sq Ft |
| 07/06/2021 07/06/21 | For Sale | $1,399,000 | -- | $389 / 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 | $20,091 | $1,607,729 | $758,763 | $848,966 |
| 2024 | $20,091 | $1,576,206 | $743,886 | $832,320 |
| 2023 | $19,740 | $1,545,300 | $729,300 | $816,000 |
| 2022 | $18,782 | $1,515,000 | $715,000 | $800,000 |
| 2021 | $10,393 | $779,239 | $559,152 | $220,087 |
| 2020 | $10,472 | $771,250 | $553,419 | $217,831 |
| 2019 | $10,074 | $756,128 | $542,568 | $213,560 |
| 2018 | $9,861 | $741,303 | $531,930 | $209,373 |
| 2016 | $9,386 | $712,519 | $511,275 | $201,244 |
| 2015 | $9,237 | $701,818 | $503,596 | $198,222 |
| 2014 | $9,247 | $688,072 | $493,732 | $194,340 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
DeDe Hsu
RE/MAX
(310) 722-9222
1 in this area
81 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21142071
APN: 7373-011-013
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