S
Seller's Agent in 2015
Steve Bogoyevac
Steven M. Bogoyevac, Broker
(562) 257-1231
91 Total Sales
302 N Avalon Blvd Wilmington, CA 90744
Estimated Value: $2,924,723
2
Beds
3
Baths
14,674
Sq Ft
$199/Sq Ft
Est. Value
About This Home
As of October 2015We are pleased to present the subject property located at 300-310 North Avalon Boulevard in Wilmington,
California. The property is retail on the first floor and single-room occupancy (SRO) hotel on the second floor.
There are 25-SRO units, 19 having bathrooms with a stall-shower and six having just a sink. There are two common
bathrooms. A one-bedroom/one-bathroom manager unit with an office is located on the second floor. A laundry room is also
available on the second floor for tenant use. On the first floor, there are five retail/office units, four of which are occupied. The
property also has an 8,362-square foot fully finished basement, which is occasionally rented out for additional income.
The building is master metered for gas and electricity for tenants on the second floor. The retail tenants are separately metered
for gas and electricity. The property is located on the corner of North Avalon Boulevard and "C" Street.
DRIVE BY ONLY
** The commercial and hotel space consists of a total of 14,674 square feet. The property also has an 8,362-square foot
basement per appraisal dated 10/26/07. Investor to verify.
Last Agent to Sell the Property
Steven M. Bogoyevac, Broker License #01332755 Listed on: 07/24/2015
Last Buyer's Agent
Steven M. Bogoyevac, Broker License #01332755 Listed on: 07/24/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $44,915
Year Built
- Built in 1912
Lot Details
- 8,433 Sq Ft Lot
- Two or More Common Walls
Home Design
- 14,674 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Bathrooms
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 7418
- Tax Tract Number 24
- Assessor Parcel Number 7418024002
Community Details
Overview
- 30 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $7,200
- Professional Management Expense $10,828
- Gross Income $15,974
- Net Operating Income $108,745
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 6, 2015
Sold by
Hotel Del Mar Llc
Bought by
Bdvj Investments Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.85%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 5, 2008
Sold by
Sano Patti L and Patti L Sano Trust
Bought by
Hotel Del Mar Llc
Purchase Details
Closed on
Aug 22, 2007
Sold by
Roosli Enterprises Inc
Bought by
Sano Patti L and Patti L Sano Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.35%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 21, 2002
Sold by
Roosli Verena and Gustav & Verena Roosli Family
Bought by
Roosli Enterprises Inc
Purchase Details
Closed on
May 23, 2001
Sold by
Roosli Gustav and Roosli Verena
Bought by
Roosli Gustav
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bdvj Investments Llc | $1,550,000 | Ticor Title | |
| Hotel Del Mar Llc | -- | None Available | |
| Sano Patti L | $1,625,000 | First American Title Company | |
| Roosli Enterprises Inc | -- | -- | |
| Roosli Gustav | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bdvj Investments Llc | $185,000 | |
| Previous Owner | Sano Patti L | $950,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/21/2015 10/21/15 | Sold | $1,550,000 | -8.6% | $106 / Sq Ft |
| 08/10/2015 08/10/15 | Pending | -- | -- | -- |
| 07/24/2015 07/24/15 | For Sale | $1,695,000 | -- | $116 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $44,915 | $1,834,880 | $473,516 | $1,361,364 |
| 2024 | $44,915 | $3,537,360 | $1,040,400 | $2,496,960 |
| 2023 | $23,630 | $1,763,631 | $455,130 | $1,308,501 |
| 2022 | $22,598 | $1,729,051 | $446,206 | $1,282,845 |
| 2021 | $22,194 | $1,695,149 | $437,457 | $1,257,692 |
| 2019 | $21,564 | $1,651,802 | $424,483 | $1,227,319 |
| 2018 | $21,356 | $1,619,550 | $416,160 | $1,203,390 |
| 2016 | $20,194 | $1,550,000 | $400,000 | $1,150,000 |
| 2015 | $18,292 | $1,180,000 | $217,500 | $962,500 |
| 2014 | -- | $1,085,000 | $200,000 | $885,000 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Bogoyevac
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15162382
APN: 7418-024-002
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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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