NOT LISTED FOR SALE

25342 Cypress St Lomita, CA 90717

Estimated Value: $1,305,000 - $1,524,000

8 Beds
3 Baths
3,132 Sq Ft
$448/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $1,200,000 $383 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,985/month

14 Days on Market

Highlights

  • Heated Spa
  • Living Room
  • Ceiling Fan
  • Private Yard
  • Laundry Room
  • 3 Car Garage

About This Home

As of November 2021

Great opportunity for investors or owner user in a "bread and butter' 3 on lot with a huge 9684 square foot lot - Front home is 3 bedroom 1 bath with front yard - middle home is 2 bedroom 1 bath with side yards - rear home is a 3 bedroom 1 bath with front and rear yard - 3 single car garages - all homes are detached - great upside potential on rents - long driveway if you owner occupy you could park a RV - owner pays water and trash - separate meters for gas and electricity which tenant pays - convenient to shopping + medical + restaurants + schools and more - what are you waiting for? don't miss this great opportunity to own income property in Lomita

Last Agent to Sell the Property

Ray Millman

Compass License #00766739 Listed on: 09/15/2021

Compass

Co-Listed By

Jon Millman

Compass License #01290219

Last Buyer's Agent

Benjamin Larson

Real Brokerage Technologies License #01746853

Real Brokerage Technologies

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,977

Year Built

  • Built in 1960

Lot Details

  • 9,684 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Private Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 3,132 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Carpet
  • Carbon Monoxide Detectors

Kitchen

  • Gas Oven
  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Pool

  • Heated Spa
  • Above Ground Spa

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 73
  • Tax Tract Number 480
  • Assessor Parcel Number 7373012040

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,977

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Price Per Unit: 408333
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • Zoning: LOR1*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7373012040
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Partial
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Price Per Square Foot: 383.14
  • Room Type: Kitchen, Living Room
  • Spa Features: Above Ground, Heated

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 9684.00
  • Lot Size Acres: 0.2223

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Average3 Bed Area: 1100 Square Feet
  • Lot Size Area: 9684.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 6700.03
  • Tax Lot: 73
  • Tax Tract Number: 480

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Oct 14, 2021
Sold by
Waaland Queenie and Waaland Jeffrey
Bought by
Keller Kevin J and Choueiti Marc G
Seller's Agent
Ray Millman
Compass
Buyer's Agent
Benjamin Larson
Real Brokerage Technologies
List Price
$1,225,000
Sold Price
$1,200,000
Premium/Discount to List
-$25,000
-2.04%
Current Estimated Value
$1,404,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,608
Avg. Annual Appreciation
4.28%
Original Mortgage
$900,000
Outstanding Balance
$826,649
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$577,959

Purchase Details

Closed on
Nov 16, 2006
Sold by
Waaland Queenie and Waaland Jeffrey
Bought by
Waaland Jeffrey and Waaland Queenie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2006
Sold by
Taylor Glenn M and Taylor Jaroslava
Bought by
Waaland Jeffrey and Beasley Queenie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Keller Kevin J $1,200,000 Fidelity National Title Co
Waaland Jeffrey -- Progressive Title Company
Waaland Jeffrey $720,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keller Kevin J $900,000
Previous Owner Waaland Queenie Y $115,000
Previous Owner Waaland Jeffrey $650,000
Previous Owner Waaland Jeffrey $504,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $1,200,000 -2.0% $383 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $1,225,000 -- $391 / 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 $15,977 $1,273,449 $742,845 $530,604
2024 $15,977 $1,248,480 $728,280 $520,200
2023 $15,699 $1,224,000 $714,000 $510,000
2022 $14,940 $1,200,000 $700,000 $500,000
2021 $11,596 $908,995 $883,753 $25,242
2020 $11,688 $899,676 $874,692 $24,984
2019 $11,231 $882,037 $857,542 $24,495
2018 $10,994 $864,743 $840,728 $24,015
2016 $10,480 $831,167 $808,083 $23,084
2015 $10,311 $818,683 $795,945 $22,738
2014 $10,313 $802,647 $780,354 $22,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21141207

California Regional Multiple Listing Service (CRMLS)

APN: 7373-012-040