NOT LISTED FOR SALE

25317 Cypress St Lomita, CA 90717

Estimated Value: $3,868,712

18 Beds
1 Bath
400 Sq Ft
$9,672/Sq Ft Est. Value

Last Sold September 08, 2015

Last sale price $2,320,000 $5,800 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $23,477/month

Highlights

  • 0.44 Acre Lot
  • No HOA
  • Laundry Room

About This Home

As of July 2020

25321 1/2 CYPRESS IS ADDRESS. STUDIO WITH PARKING SPACE RIGHT IN FRONT OF UNIT. COMMUNITY COIN LAUNDRY FACILITY

Last Agent to Rent the Property

Kay Ohara

Seven Seas Investment, Inc. License #00845309 Listed on: 06/29/2020

Last Renter's Agent

Kay Ohara

Seven Seas Investment, Inc. License #00845309 Listed on: 06/29/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,587

Year Built

  • Built in 1949

Lot Details

  • 0.44 Acre Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Home Design

  • 400 Sq Ft Home
  • Apartment

Additional Features

  • 1 Full Bathroom
  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Security Deposit $1,200
  • Rent includes gardener, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 7/10/20
  • Tax Lot 28
  • Tax Tract Number 848
  • Assessor Parcel Number 7373004014

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,587

Year Built

Built in 1949

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2020-07-10
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 1200
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: No
  • Zoning: LOR1*
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 7373004014
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 400.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3.25
  • Room Type: Kitchen

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 19062.00
  • Lot Size Acres: 0.4376

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 19062.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Trash Collection, Water

Tax Info

  • Tax Census Tract: 6700.03
  • Tax Lot: 28
  • Tax Tract Number: 848

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2015
Sold by
Richardson Scott and Patel Masumi
Bought by
Warren Leland Paul and Warren Yumi
Current Estimated Value
$3,868,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 2014
Sold by
Richardson Scott and Patel Masumi
Bought by
Richardson Scott and Patel Masumi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 6, 2014
Closed on
Aug 26, 2014
Sold by
Sophy Barbara and The Olds Family Trust
Bought by
Ribons Michael P and The Rf Trust
Seller's Agent
Michael Ribons
MRI Property Mgnt.&Inv
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,595,000
Sold Price
$1,580,000
Premium/Discount to List
-$15,000
-0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%

Purchase Details

Listed on
Aug 6, 2014
Closed on
Aug 19, 2014
Sold by
Lunceford Clifford
Bought by
Ribons Michael P
Seller's Agent
Michael Ribons
MRI Property Mgnt.&Inv
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,595,000
Sold Price
$1,580,000
Premium/Discount to List
-$15,000
-0.94%

Purchase Details

Closed on
May 11, 2012
Sold by
Olds Fred N and Olds Family Trust
Bought by
Olds Fred N and Olds Family Exemption Trust

Purchase Details

Closed on
Jan 22, 2001
Sold by
Olds Fred N and Olds Ulav C
Bought by
Olds Fred N and Olds Ulav C
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
Warren Leland Paul $2,320,000 First American Title Ins Co
Richardson Scott -- Orange Coast Title Co
Ribons Michael P -- Fidelity
Ribons Michael P -- Fidelity
Richardson Scott $1,600,000 Fidelity
Olds Fred N -- None Available
Olds Fred N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warren Leland Paul $1,100,000
Previous Owner Richardson Scott $1,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2020 07/07/20 Rented $1,300 +8.3% --
07/03/2020 07/03/20 Under Contract -- -- --
06/29/2020 06/29/20 For Rent $1,200 0.0% --
09/08/2015 09/08/15 Sold $2,320,000 +7.9% $377 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $2,150,000 +36.1% $350 / Sq Ft
08/29/2014 08/29/14 Sold $1,580,000 -0.9% $257 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $1,595,000 -- $259 / 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 $35,587 $2,746,403 $1,183,794 $1,562,609
2024 $35,587 $2,692,553 $1,160,583 $1,531,970
2023 $34,967 $2,639,759 $1,137,827 $1,501,932
2022 $33,321 $2,588,000 $1,115,517 $1,472,483
2021 $33,009 $2,537,256 $1,093,645 $1,443,611
2019 $31,990 $2,462,002 $1,061,208 $1,400,794
2018 $31,423 $2,413,728 $1,040,400 $1,373,328
2016 $29,904 $2,320,000 $1,000,000 $1,320,000
2015 $21,415 $1,600,000 $960,000 $640,000
2014 $4,700 $162,157 $77,379 $84,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20126746

California Regional Multiple Listing Service (CRMLS)

APN: 7373-004-014