NOT LISTED FOR SALE

25301 Cypress St Lomita, CA 90717

Estimated Value: $1,202,000 - $1,512,882

4 Beds
3 Baths
2,440 Sq Ft
$571/Sq Ft Est. Value

Last Sold December 18, 2013

Last sale price $750,000 $307 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $8,377/month

99 Days on Market

Highlights

  • 0.52 Acre Lot
  • No HOA
  • Garden
  • Wooded Lot

About This Home

As of December 2013

3 separate detached units. 2) are 2 bed and 1 bath. 1) is 2bd. and 1 3/4 bath. All in good condition. All rented to long term tenants. This is a great set up. lots of off street parking available. Best of all the lot is a huge 22,000 Sq. Ft. Lots of diverse landscaping and a super huge pepper tree. Plenty of room for lots of possibilities. Best of all the One-Of-A-Kind Trophy Estate next door is for sale as well. (see MLS#SB13116718) Own this Tropical Paradise Entertainers Dream Home and this tri-plex and make it your custom Family Compound. Combined they make over 40,000 sq. ft. of land.
Opportunities like this come up very rarely. Take advantage of it now or lose out forever.

Last Agent to Sell the Property

David Popelka

Century 21 Union Realty License #01317056 Listed on: 07/24/2013

Last Buyer's Agent

David Drorbaugh

DNA Real Estate, Inc. License #01887040

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,837

Year Built

  • Built in 1921

Lot Details

  • 0.52 Acre Lot
  • No Common Walls
  • Wooded Lot
  • Garden
  • Back and Front Yard

Home Design

  • 2,440 Sq Ft Home
  • Shingle Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Parking Available
  • Unassigned Parking

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 26
  • Tax Tract Number 848
  • Assessor Parcel Number 7373004055

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $500
  • Water Sewer Expense $3,000
  • New Taxes Expense $10,625
  • Gross Income $4,500
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,837

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 7373004055
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 307.38

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Suburban

Lot Info

  • Lot Features: Back Yard, Front Yard, Garden, Lot 20000-39999 Sqft, Treed Lot
  • Lot Size Sq Ft: 22821.00
  • Lot Size Acres: 0.5240

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 800
  • Gross Income: 4500.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 22821.0000 Square Feet
  • Net Operating Income: 32400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 21600.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10625.00
  • Tax Lot: 26
  • Tax Tract Number: 848
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2013
Closed on
Nov 14, 2013
Sold by
Tharp Teresa L and Teresa L Tharp Trust
Bought by
Prwoo Llc
Seller's Agent
David Popelka
Century 21 Union Realty
Buyer's Agent
David Drorbaugh
DNA Real Estate, Inc.
List Price
$850,000
Sold Price
$750,000
Premium/Discount to List
-$100,000
-11.76%
Current Estimated Value
$1,393,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$643,971
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Apr 15, 2010
Sold by
Tharp Teresa
Bought by
Tharp Teresa L and The Teresa L Tharp Trust

Purchase Details

Closed on
Jan 17, 2003
Sold by
Whitlock Art and The Jeanne C Lattin Declaratio
Bought by
Tharp Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.76%
Source: Public Records

Range of Values:

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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
Prwoo Llc $750,000 None Available
Tharp Teresa L -- None Available
Tharp Teresa $395,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tharp Teresa $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2013 12/18/13 Sold $750,000 -11.8% $307 / Sq Ft
10/31/2013 10/31/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $850,000 -- $348 / 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 $11,837 $919,386 $735,512 $183,874
2024 $11,837 $901,360 $721,091 $180,269
2023 $11,634 $883,687 $706,952 $176,735
2022 $11,083 $866,361 $693,091 $173,270
2021 $10,969 $849,374 $679,501 $169,873
2020 $11,057 $840,666 $672,534 $168,132
2019 $10,627 $824,184 $659,348 $164,836
2018 $10,467 $808,024 $646,420 $161,604
2016 $9,991 $776,650 $621,320 $155,330
2015 $9,833 $764,985 $611,988 $152,997
2014 -- $750,000 $600,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13147704

California Regional Multiple Listing Service (CRMLS)

APN: 7373-004-055