NOT LISTED FOR SALE

25412 Cypress St Lomita, CA 90717

Estimated Value: $1,137,000 - $1,524,000

6 Beds
3 Baths
2,784 Sq Ft
$485/Sq Ft Est. Value

Last Sold April 23, 2013

Last sale price $600,000 $216 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $8,167/month

13 Days on Market

About This Home

As of April 2013

Great rental location in Lomita. Long term tenants. Large lot with plenty of parking in the rear. Units have patios or side yard. Property to be sold in as is condition.

Last Agent to Sell the Property

Lidija Bacelic

Golden West Realty License #01025431 Listed on: 03/05/2013

Last Buyer's Agent

Lidija Bacelic

Golden West Realty License #01025431 Listed on: 03/05/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,661

Year Built

  • Built in 1964

Lot Details

  • 7,156 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 2,784 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Parking Available
  • Uncovered Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 75
  • Tax Tract Number 480
  • Assessor Parcel Number 7373012024

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $110
  • Trash Expense $70
  • Water Sewer Expense $150
  • New Taxes Expense $7,000
  • Gross Income $51,900
  • Net Operating Income $3,725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,661

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 150.00
  • Property Type: Residential Income
  • Parcel Number: 7373012024
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 215.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 70.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 7156.00
  • Lot Size Acres: 0.1640

Multi Family

  • Gross Income: 51900.00
  • Gross Scheduled Income: 51900.00
  • Insurance Expense: 110.00
  • Lot Size Area: 7156.0000 Square Feet
  • Net Operating Income: 3725.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 600.00
  • Rent Control: No
  • Total Actual Rent: 4325.00

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Lot: 75
  • Tax Tract Number: 480

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2013
Closed on
Mar 19, 2013
Sold by
Reyes Carlita M
Bought by
Ichien Lu Stephen C and Ichien Ting
Seller's Agent
Lidija Bacelic
Golden West Realty
Buyer's Agent
Lidija Bacelic
Golden West Realty
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Current Estimated Value
$1,351,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$751,151
Avg. Annual Appreciation
6.81%
Original Mortgage
$450,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2004
Sold by
Reyes Buenaventura F
Bought by
Reyes Carlita M

Purchase Details

Closed on
May 6, 2002
Sold by
Reyes Carlita M
Bought by
Reyes Buenaventura and Reyes Carlita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2002
Sold by
Reyes Buenaventura F
Bought by
Reyes Carlita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
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
Ichien Lu Stephen C $600,000 Fidelity National Title
Reyes Carlita M -- Ctc
Reyes Carlita M -- Ctc
Reyes Buenaventura -- --
Reyes Carlita M -- Stewart Title
Reyes Carlita M -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Stephen C $738,000
Closed Ichien Lu Stephen C $450,000
Previous Owner Reyes Carlita M $250,000
Previous Owner Reyes Carlita M $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2013 04/23/13 Sold $600,000 -4.0% $216 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
03/05/2013 03/05/13 For Sale $625,000 -- $224 / 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 $9,661 $738,845 $307,852 $430,993
2024 $9,661 $724,359 $301,816 $422,543
2023 $9,497 $710,157 $295,899 $414,258
2022 $9,052 $696,234 $290,098 $406,136
2021 $8,955 $682,583 $284,410 $398,173
2020 $9,025 $675,585 $281,494 $394,091
2019 $8,678 $662,339 $275,975 $386,364
2018 $8,512 $649,353 $270,564 $378,789
2016 $8,123 $624,139 $260,058 $364,081
2015 $7,993 $614,765 $256,152 $358,613
2014 $7,999 $602,724 $251,135 $351,589
Source: Public Records

Agents Affiliated with this Home

  • Lidija Bacelic

    Seller's Agent in 2013

    Lidija Bacelic

    Golden West Realty

    (310) 930-8110

    24 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13037661

California Regional Multiple Listing Service (CRMLS)

APN: 7373-012-024

California Los Angeles County Lomita 90717

25412 Cypress St, Lomita, CA

This home is located at 25412 Cypress St, Lomita, CA 90717 since 05 March 2013 and is currently estimated at $1,351,151, approximately $485 per square foot. This property was built in 1964. 25412 Cypress St is a home located in Los Angeles County with nearby schools including Eshelman Avenue Elementary School, Alexander Fleming Middle School, and Nathaniel Narbonne Senior High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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