NOT LISTED FOR SALE

2699 E 20th St Signal Hill, CA 90755

Estimated Value: $1,755,000 - $2,707,000

9 Beds
5 Baths
5,340 Sq Ft
$415/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $1,495,000 $280 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $13,460/month

5 Days on Market

Highlights

  • Peek-A-Boo Views
  • Corner Lot
  • Tile Flooring
  • Alvarado Elementary Rated 9+
  • Laundry Room
  • 5-minute walk to Hillbrook Park

About This Home

As of January 2018

Property located in a very nice and quiet neighborhood. Perfect for owner occupancy or investment. The penthouse unit has 3 bedrooms/2 baths, in unit washer/dryer hookup and a beautiful deck for entertaining and to enjoy the amazing city peek-a-boo views. The remaining 3 units are spacious 2 bedrooms/1 bathroom each and are in good condition. Each unit has a 1 car garage and there is a community laundry room on the premises. The living square footage of these unit are huge! Property is situated close to shopping centers, freeways, schools and much more!! Hurry must see to appreciate!!!

Last Agent to Sell the Property

Jimmy Thach

Seal Real Estate License #01386221 Listed on: 11/06/2017

Last Buyer's Agent

Cynthia Voss

Re/Max R. E. Specialists License #00881330

Re/Max R. E. Specialists

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,232

Year Built

  • Built in 1964

Lot Details

  • 4,500 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 5,340 Sq Ft Home
  • 3-Story Property
  • Peek-A-Boo Views
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Wall Furnace
  • Private Water Source
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 5734
  • Assessor Parcel Number 7216002018

Community Details

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $1,000
  • Water Sewer Expense $2,400
  • New Taxes Expense $14,000
  • Operating Expense $18,600
  • Gross Income $1,080
  • Net Operating Income $60,250

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,232

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: unknown
  • View: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: SHR4*
  • Property Type: Residential Income
  • Parcel Number: 7216002018
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Levels: Three Or More
  • Price Per Square Foot: 279.96

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Inside
  • Sewer: Sewer Paid
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4500.00

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 1080.00
  • Gross Scheduled Income: 78850.00
  • Insurance Expense: 1000.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1080.00
  • Net Operating Income: 60250.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 2
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 18600.00
  • Rent Control: No
  • Total Actual Rent: 6475.00
  • Total Expenses: 18600.00

Tax Info

  • New Taxes Expense: 14000.00
  • Tax Census Tract: 5734.02
  • Tax Lot: 11
  • Tax Tract Number: 5734

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2020
Sold by
Bumpas Brian W and The Bumpas Family Trust
Bought by
Bumpas Brian W and The Marital Deduction Trust
Current Estimated Value
$2,217,647

Purchase Details

Closed on
Sep 11, 2018
Sold by
Bumpas Patricia
Bought by
Bumpas Patricia and The Bumpas Family Trust Dated

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,950
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2017
Closed on
Dec 18, 2017
Sold by
Thao Limtin
Bought by
Bumpas Patricia and Bumpas Family Trust
Seller's Agent
Jimmy Thach
Seal Real Estate
Buyer's Agent
Cynthia Voss
Re/Max R. E. Specialists
List Price
$1,495,000
Sold Price
$1,495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$625,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 3, 2012
Sold by
Thao Limtin
Bought by
Thao Limtin and So Sokmesa

Purchase Details

Closed on
Oct 4, 2007
Sold by
Thao Limtin
Bought by
Thao Limtin and So Sokmesa

Purchase Details

Closed on
Oct 19, 2006
Sold by
So Sokmesa
Bought by
Thao Limtin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2006
Sold by
Levalley Michael L
Bought by
Thao Limtin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2004
Sold by
Walker Leroy A
Bought by
Levalley Michael L and Levalley Sarah Mcarthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2003
Sold by
Welker Patricia
Bought by
Welker Leroy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2003
Sold by
Mccown Jon
Bought by
Welker Leroy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2002
Sold by
Fitch Neil
Bought by
Mccown Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
7.13%

Purchase Details

Closed on
Jul 20, 2000
Sold by
Imperial Credit Asset Resolution Inc
Bought by
Fitch Neil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,250
Interest Rate
8.2%

Purchase Details

Closed on
Jun 22, 2000
Sold by
Kenyon Cheryl D
Bought by
Imperial Credit Asset Resolution Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,250
Interest Rate
8.2%

Purchase Details

Closed on
Sep 10, 1999
Sold by
Kenyon Cheryl D
Bought by
Stover Group

Purchase Details

Closed on
Sep 1, 1993
Sold by
Hallmark Benjiman R
Bought by
Kenyon Cheryl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.87%
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
Bumpas Brian W -- None Available
Bumpas Patricia -- North American Title Company
Bumpas Patricia -- North American Title Company
Bumpas Patricia $1,495,000 First American Title
Thao Limtin -- None Available
Thao Limitin -- None Available
Thao Limtin -- None Available
Thao Limtin -- Lawyers Title
Thao Limtin $1,300,000 Lawyers Title
Levalley Michael L $1,250,000 Alliance Title
Welker Leroy A -- Ticor Title Company
Welker Leroy A $775,000 Ticor Title Company
Mccown Jon $550,000 Old Republic Title Company
Fitch Neil $417,500 South Coast Title
Imperial Credit Asset Resolution Inc $400,000 American Title
Stover Group -- --
Turner Enterprises -- --
Kenyon Cheryl D -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bumpas Patricia $999,950
Previous Owner Bumpas Patricia $625,000
Previous Owner Thao Limtin $750,000
Previous Owner Levalley Michael L $775,000
Previous Owner Welker Leroy A $620,000
Previous Owner Mccown Jon $330,000
Previous Owner Fitch Neil $292,250
Previous Owner Kenyon Cheryl D $375,000
Closed Welker Leroy A $154,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $1,495,000 0.0% $280 / Sq Ft
11/11/2017 11/11/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $1,495,000 -- $280 / 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 $22,232 $1,702,277 $1,127,787 $574,490
2024 $22,232 $1,668,900 $1,105,674 $563,226
2023 $21,869 $1,636,178 $1,083,995 $552,183
2022 $20,536 $1,602,940 $1,072,201 $530,739
2021 $20,128 $1,571,511 $1,051,178 $520,333
2020 $20,073 $1,555,398 $1,040,400 $514,998
2019 $19,849 $1,524,900 $1,020,000 $504,900
2018 $14,610 $1,100,000 $600,000 $500,000
2016 $13,033 $1,020,000 $471,000 $549,000
2015 $11,927 $950,000 $438,400 $511,600
2014 $12,071 $950,000 $438,400 $511,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17252102

California Regional Multiple Listing Service (CRMLS)

APN: 7216-002-018