NOT LISTED FOR SALE

26012 Cypress St Lomita, CA 90717

Estimated Value: $1,026,000 - $1,388,000

8 Beds
5 Baths
6,428 Sq Ft
$194/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $1,395,000 $217 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $7,736/month

10 Days on Market

About This Home

As of May 2012

Perfect 1031 opportunity. Well maintained 8 plex located on a quiet area of Lomita. All units are 2 bedrooms, 1 or 1.5 bathrooms. One unit in each building is a townhome with attached 2 car garage. 6 other 2 car garages. 2 laundry rooms (1 for each building)- machines owned by the owner. Rents and expenses are actual except for property taxes which was calculated with the new sales price. Operating income, grm and cap rate is projected. 3 recent vacancies are getting cleaned up and ready to ready to rent.APN #7553003020/ 26018 Cypress is included in the sale. 2 buildings with a common driveway. Master meter for both buildings, all utilities are included with rent. Do not disturb the tenants. Offer subject to viewing the interior.

Last Agent to Sell the Property

Christopher Furstenberg

Nourmand & Associates-HW License #01208924 Listed on: 02/24/2012

Nourmand & Associates-HW

Last Buyer's Agent

Larry Jamison

License #00580842

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,485

Year Built

  • Built in 1965

Lot Details

  • 0.27

Interior Spaces

  • 6,428 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 16 Car Direct Access Garage
  • Garage Door Opener

Additional Features

  • 0.27 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 8 Units

Listing and Financial Details

  • The owner pays for electricity, gardener, gas, water
  • Assessor Parcel Number 7553-003-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,485

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 6428
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Dishwasher, Dryer, Range/Oven, Washer
  • Price Per S Q F T: 213.91

Exterior Features

  • Pool: No

Garage/Parking

  • Covered Parking: 16
  • Parking Garage: Detached, Direct Entrance, Door Opener, Garage
  • Total Parking: 16

Utilities

  • Electric Expense: 4332.00
  • Heating: Wall
  • Water Expense: 3914.00

Fee Information

  • Gas Expense: 3060.00
  • Insurance Expense: 2249.00
  • Maintenance Expense: 2000.00
  • Trash Expense: 2400.00

Lot Info

  • Assessed Improvement Value: 191749
  • Assessed Land Value: 111334
  • Assessor Parcel Number: 7553-003-019
  • Lot Size Area: 11866

Rental Info

  • Monthly Gross Income: 12100.00
  • Owner Pays: Electricity, Gardener, Gas, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 9.46
  • Gross Scheduled Income: 145200.00
  • Number Of Units: 8
  • Total Annual Expense: 36042
  • Type Of Units: 2 Br
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 17187.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2012
Sold by
Rubikim Llc
Bought by
Asw Llc
Current Estimated Value
$1,246,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,045,000
Interest Rate
3.84%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 21, 2006
Sold by
Kim Daniel C
Bought by
Rubikim Llc

Purchase Details

Closed on
Sep 29, 1993
Sold by
Kim Daniel C
Bought by
Kim Daniel C and Kim Jeanette Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Asw Llc $1,395,013 Lawyers Title
Rubikim Llc -- None Available
Kim Daniel C -- First American Title Company
Kim Daniel C -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asw Llc $1,000,000
Closed Asw Llc $1,000,000
Closed Asw Llc $1,045,000
Previous Owner Asw Llc $1,045,000
Previous Owner Kim Daniel C $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2012 05/30/12 Sold $1,395,000 +1.5% $217 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $1,375,000 -- $214 / Sq Ft
Source: The MLS

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 $11,485 $876,714 $628,023 $248,691
2024 $11,485 $859,524 $615,709 $243,815
2023 $11,289 $842,672 $603,637 $239,035
2022 $10,761 $826,150 $591,801 $234,349
2021 $10,649 $809,952 $580,198 $229,754
2019 $10,319 $785,931 $562,990 $222,941
2018 $10,141 $770,521 $551,951 $218,570
2016 $9,698 $740,603 $530,519 $210,084
2015 $9,543 $729,480 $522,551 $206,929
2014 $9,550 $715,191 $512,315 $202,876
Source: Public Records

Agents Affiliated with this Home

  • Christopher Furstenberg

    Seller's Agent in 2012

    Christopher Furstenberg

    Nourmand & Associates-HW

    (323) 422-2244

    36 Total Sales

    Christopher Furstenberg
    Section Image

  • L

    Buyer's Agent in 2012

    Larry Jamison

See All Agents

Map

Source: The MLS

MLS Number: 12-583917

The MLS

APN: 7553-003-019

California Los Angeles County Lomita 90717

26012 Cypress St, Lomita, CA

This home is located at 26012 Cypress St, Lomita, CA 90717 since 24 February 2012 and is currently estimated at $1,246,667, approximately $193 per square foot. This property was built in 1965. 26012 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes