NOT LISTED FOR SALE

325 Sierra St El Segundo, CA 90245

Estimated Value: $1,995,000 - $2,475,489

8 Beds
5 Baths
2,935 Sq Ft
$756/Sq Ft Est. Value

Last Sold May 18, 2020

Last sale price $1,950,000 $664 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $13,458/month

21 Days on Market

Highlights

  • Multi-Level Bedroom
  • Traditional Architecture
  • Lawn
  • Center Street Elementary Rated A+
  • Bonus Room
  • 4-minute walk to Hilltop Park

About This Home

As of May 2020

325 Sierra Street is truly a rare opportunity located in the highly desirably city of El Segundo, Ca walking distance to Main Street and less than 1.5 miles to the Ocean. This fully vacant 4 unit property was beautifully remodeled recently and offers an investor and/or owner-occupier an opportunity to acquire a pride of ownership investment in an extremely strong and trendy rental market. The property has a terrific unit mix of (3) 2 bed/1 bath units and (1) 2 bed/1.5 bath townhouse style unit with (5) individual garages. This amazing building was built in 1964 with a total size of 2,935 SF, sitting on 5,724 SF lot zoned ES-R3. All 4 Units will be Delivered Vacant at Close of Escrow. NOT subject to LA Rent Control! Prime Location in El Segundo near Main Street, Ocean, Manhattan Beach, LAX, Freeway, Silicon Beach, LA Lakers & Kings Facilities, Top Schools, Parks & Recreation, and Restaurants & Shops

Last Agent to Sell the Property

Brian Noh

Nohco Real Estate License #01438155 Listed on: 04/13/2020

Last Buyer's Agent

Rico Quevedo

Turin Trade, Inc. License #01350514

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 5,724 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Lawn
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Quadruplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,935 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Bonus Room
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Multi-Level Bedroom
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 17 / 36
  • Assessor Parcel Number 4135016017

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: ESR3YY
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4135016017
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Price Per Square Foot: 664.40
  • Room Type: Bonus Room, Kitchen, Living Room, Multi-Level Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, On Site
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Range, Microwave, Refrigerator, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • 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: 2-5 Units/Acre, Front Yard, Lawn
  • Lot Size Sq Ft: 5724.00
  • Lot Size Acres: 0.1314

Multi Family

  • Lot Size Area: 5724.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Block: 36
  • Tax Census Tract: 6200.02
  • Tax Lot: 17

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2020
Closed on
May 13, 2020
Sold by
Mid Cal Realty Services Inc
Bought by
325 Sierra St Llc
Seller's Agent
Brian Noh
Nohco Real Estate
Buyer's Agent
Rico Quevedo
Turin Trade, Inc.
List Price
$2,299,000
Sold Price
$1,950,000
Premium/Discount to List
-$349,000
-15.18%
Current Estimated Value
$2,219,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,872
Avg. Annual Appreciation
2.31%

Purchase Details

Listed on
Apr 13, 2020
Closed on
May 1, 2020
Sold by
Champery Rental Reo Llc
Bought by
Mid Cal Realty Services Inc
Seller's Agent
Brian Noh
Nohco Real Estate
Buyer's Agent
Rico Quevedo
Turin Trade, Inc.
List Price
$2,299,000
Sold Price
$1,950,000
Premium/Discount to List
-$349,000
-15.18%

Purchase Details

Closed on
Jul 16, 2019
Sold by
Wedgewood Intermediary I Llc
Bought by
Champery Rental Reo Llc

Purchase Details

Closed on
Jun 28, 2019
Sold by
Hill John and Bridges Letitia
Bought by
Wedgewood Intermediary I Llc

Purchase Details

Closed on
Nov 28, 2016
Sold by
Residential Capital Llc
Bought by
Hill William Dulany

Purchase Details

Closed on
Jun 29, 2016
Sold by
Brickhouse Trust
Bought by
Residential Capital Llc

Purchase Details

Closed on
Feb 10, 2014
Sold by
Winnstarr Properties
Bought by
Brickhouse Trust

Purchase Details

Closed on
Jun 14, 2011
Sold by
Pacifica Group 49/Ii
Bought by
Winnstarr Properties

Purchase Details

Closed on
Jan 29, 2007
Sold by
The Brickhouse Trust
Bought by
Sierra Ca Llc

Purchase Details

Closed on
Jul 12, 2006
Sold by
Hill John and Bridges Letitia
Bought by
Hill William Dulany and Bridges Letitia

Purchase Details

Closed on
Feb 20, 2006
Sold by
Sieker Douglas J and The Fred Dermietzel 2003 Trust
Bought by
Hill John and Bridges Letitia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 9, 2005
Sold by
Dermietzel Fred
Bought by
Sieker Douglas J

Purchase Details

Closed on
Jul 9, 2003
Sold by
Dermietzel Fred and Alfred T French Family Trust
Bought by
Dermietzel Fred and Fred Dermietzel 2003 Trust

Purchase Details

Closed on
Oct 28, 1996
Sold by
French Alfred T
Bought by
French Alfred T and Alfred T French Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
325 Sierra St Llc $1,950,000 Fidelity Natl Ttl Co Torranc
Mid Cal Realty Services Inc $1,418,000 Fidelity National Title Co
Champery Rental Reo Llc -- None Available
Wedgewood Intermediary I Llc $1,417,500 Lawyers Title Company
Hill William Dulany -- None Available
Residential Capital Llc -- None Available
Brickhouse Trust -- None Available
Winnstarr Properties -- None Available
Sierra Ca Llc -- None Available
Hill William Dulany -- None Available
Hill John $1,150,000 Southland Title
Sieker Douglas J -- --
Dermietzel Fred -- --
Dermietzel Fred -- --
French Alfred T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill John $920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2020 05/18/20 Sold $1,950,000 -15.2% $664 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
04/13/2020 04/13/20 For Sale $2,299,000 0.0% $783 / Sq Ft
08/01/2013 08/01/13 Rented $2,200 0.0% --
07/22/2013 07/22/13 Under Contract -- -- --
07/01/2013 07/01/13 For Rent $2,200 -- --
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 $23,576 $2,132,607 $1,257,692 $874,915
2024 $23,576 $2,090,792 $1,233,032 $857,760
2023 $22,950 $2,049,797 $1,208,855 $840,942
2022 $23,204 $2,009,605 $1,185,152 $824,453
2021 $22,889 $1,970,202 $1,161,914 $808,288
2020 $20,196 $1,750,000 $1,150,000 $600,000
2019 $16,078 $1,381,194 $960,833 $420,361
2018 $15,086 $1,354,113 $941,994 $412,119
2016 $14,634 $1,301,533 $905,416 $396,117
2015 $14,452 $1,281,983 $891,816 $390,167
2014 $14,152 $1,256,872 $874,347 $382,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20071221

California Regional Multiple Listing Service (CRMLS)

APN: 4135-016-017