NOT LISTED FOR SALE

2518 E Monroe St Carson, CA 90810

Estimated Value: $840,000 - $936,693

5 Beds
5 Baths
2,894 Sq Ft
$307/Sq Ft Est. Value

Last Sold January 24, 2012

Last sale price $350,000 $121 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $5,250/month

98 Days on Market

Highlights

  • Back Bay Views
  • Contemporary Architecture
  • No Heating
  • Ocean Side of Freeway

About This Home

As of January 2012

Standard Sale! NO rent control.Well kept property in nice area. 5 units. Great Price! Rents:Total $3465 Laundry room. Low rents due to long term tennants. Seller has only raised rents when tennant moves out. 2 Buildings front: 1128 sq ft back 2 story upstairs 1766 sq ft back 1st floor same 2518-$625 Elect/Gas separate meter tennant pays 2518 1/2-$715 Elect/Gas separate meter tennant pays 2520A-$825-garage Elect/Gas Master Meter Landlord pays 2520B-$775 Elect/Gas Master Meter Landlord pays 2520 1/2-$525-garage Elect separate meter tennant pays gas master meter landlord pays. SCE $413.82 year/Gas Co $483.73/CA Water co $1889.14/WM trash $1547.96

Last Agent to Sell the Property

Caesar Avila

VasTree Real Estate License #01736231 Listed on: 10/18/2011

Last Buyer's Agent

Caesar Avila

VasTree Real Estate License #01736231 Listed on: 10/18/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 5,349

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,894 Sq Ft Home
  • Back Bay Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • Ocean Side of Freeway
  • 5,349 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 92
  • Tax Tract Number 6720
  • Assessor Parcel Number 7308018013

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $660
  • Gardener Expense $50
  • Insurance Expense $1,299
  • Maintenance Expense $50
  • Trash Expense $141
  • Water Sewer Expense $1,356
  • Gross Income $3,465
  • Net Operating Income $40,580

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 11.15
  • View: Yes
  • Water Sewer Expenses: 1356.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 50.00
  • Parcel Number: 7308018013
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Levels: Multi/Split
  • Price Per Square Foot: 120.94

Exterior Features

  • View: Back Bay
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 5.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 141.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5349.00
  • Lot Size Acres: 0.1200

Multi Family

  • Electric Expense: 660.00
  • Gross Income: 3465.00
  • Gross Multiplier: 8.75
  • Gross Scheduled Income: 41580.00
  • Insurance Expense: 1299.00
  • Lot Size Area: 5349.0000 Square Feet
  • Maintenance Expense: 50.00
  • Net Operating Income: 40580.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 5
  • Operating Expense: 200.00
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Area: 1069
  • Tax Lot: 92
  • Tax Tract Number: 6720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2023
Sold by
Tobias Kahan 2010 Living Trust
Bought by
1445 W 227Th Street Llc
Current Estimated Value
$888,347

Purchase Details

Closed on
Sep 24, 2015
Sold by
Luh Drake James and Luh Sinarwati
Bought by
Tobias Kahan 2010 Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2015
Sold by
Drake James and The Drake Family Trust
Bought by
Kahan Tobias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 18, 2011
Closed on
Dec 15, 2011
Sold by
Avila Frank X and Avila Gloria
Bought by
Drake James and The Drake Family Trust
Seller's Agent
Caesar Avila
VasTree Real Estate
Buyer's Agent
Caesar Avila
VasTree Real Estate
List Price
$457,000
Sold Price
$350,000
Premium/Discount to List
-$107,000
-23.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%

Purchase Details

Closed on
Jul 18, 2011
Sold by
Avila Frank X and Avila Gloria A
Bought by
Avila Frank X and Avila Gloria A

Purchase Details

Closed on
Jan 4, 2002
Sold by
Brooks Thomas Kim and The Brooks Family Survivors Tr
Bought by
Avila Frank X and Avila Gloria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
7.01%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
1445 W 227Th Street Llc -- Old Republic Title
Tobias Kahan 2010 Living Trust -- Stewart Title Of Ca Inc
Kahan Tobias -- None Available
Drake James $350,000 North American Title Company
Avila Frank X -- None Available
Avila Frank X $196,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tobias Kahan 2010 Living Trust $311,200
Previous Owner Avila Frank X $176,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2012 01/24/12 Sold $350,000 -23.4% $121 / Sq Ft
01/24/2012 01/24/12 Pending -- -- --
10/18/2011 10/18/11 For Sale $457,000 -- $158 / 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 $6,989 $439,607 $188,401 $251,206
2024 $6,989 $430,988 $184,707 $246,281
2023 $6,878 $422,538 $181,086 $241,452
2022 $6,597 $414,254 $177,536 $236,718
2021 $6,540 $406,132 $174,055 $232,077
2020 $6,579 $401,969 $172,271 $229,698
2019 $6,608 $394,089 $168,894 $225,195
2018 $6,515 $386,363 $165,583 $220,780
2016 $6,151 $371,361 $159,154 $212,207
2015 $6,031 $365,784 $156,764 $209,020
2014 $6,030 $358,620 $153,694 $204,926
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Caesar Avila

    VasTree Real Estate

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S677787

California Regional Multiple Listing Service (CRMLS)

APN: 7308-018-013

California Los Angeles County Carson 90810

2518 E Monroe St, Carson, CA

Not Listed for Sale

MultiFamily

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