NOT LISTED FOR SALE

330 Bungalow Dr El Segundo, CA 90245

Estimated Value: $2,038,000 - $2,228,000

5 Beds
2 Baths
2,782 Sq Ft
$772/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $1,900,000 $683 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $13,025/month

47 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Landscaped
  • Center Street Elementary Rated A+
  • Laundry Room
  • 2-minute walk to Hilltop Park

About This Home

As of August 2021

330 Bungalow Drive is a well-located triplex in El Segundo with an easy ADU opportunity to have a 5% CAP rate. The property consists of (1) 3-bed/1-bath unit and (2) 2-bed/1-bed units. The 2,782 SF building is situated on a 4,401 SF lot with: (3) 1-car garages, an oversized laundry room, and a large storage area that can be converted into a 500+ SF 1-bed ADU (based on feedback from city planner and architect). The property is located in close proximity to El Segundo Schools, Smoky Hollow, and the restaurants and retail in Downtown El Segundo.
This is an excellent opportunity for both owner-users and investors looking to maximize long-term growth potential in one of the least traded and desirable submarkets in Los Angeles

Last Agent to Sell the Property

Woody Stahl

Lyon Stahl Investment Real Est License #01399621 Listed on: 05/05/2021

Lyon Stahl Investment Real Est

Co-Listed By

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818

Last Buyer's Agent

Kory Kaghazi

Beach City Brokers License #02000002

Beach City Brokers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 4,401 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Apartment

Interior Spaces

  • 2,782 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 3 / 122
  • Tax Tract Number 4350
  • Assessor Parcel Number 4135031003

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,113
  • Maintenance Expense $2,664
  • Other Expense $2,400
  • New Taxes Expense $22,938
  • Operating Expense $30,314
  • Gross Income $88,800
  • Net Operating Income $58,486

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • CapRate: 3.15
  • Property Attached: Yes
  • View: Yes
  • Zoning: ESR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4135031003
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 682.96

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 4401.00
  • Lot Size Acres: 0.1010

Multi Family

  • Gross Income: 88800.00
  • Gross Multiplier: 21.34
  • Gross Scheduled Income: 88800.00
  • Gross Spendable Income: 88800.00
  • Insurance Expense: 1113.00
  • Lot Size Area: 4401.0000 Square Feet
  • Maintenance Expense: 2664.00
  • Net Operating Income: 58486.00
  • 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: 30314.00
  • Other Expense: 2400.00
  • Other Expense Description: Utility
  • Rent Control: No
  • Total Actual Rent: 7400.00
  • Total Expenses: 30314.00

Tax Info

  • New Taxes Expense: 22938.00
  • Tax Block: 122
  • Tax Census Tract: 6200.02
  • Tax Lot: 3
  • Tax Tract Number: 4350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2021
Sold by
Sullivan Michael Ward and Michael Ward Sullivan Trust
Bought by
Triplex El Segundo Llc
Current Estimated Value
$2,148,473

Purchase Details

Closed on
Feb 22, 2020
Sold by
Ahwazi Hamid and Dorakvandi Roshanak
Bought by
Bion Partners Llc

Purchase Details

Listed on
Mar 26, 2019
Closed on
Jul 8, 2019
Sold by
Jaunzemis Karen
Bought by
Ahwazi Hamid and Dorakvandi Roshanak
Seller's Agent
Brok Butcher
Butcher Realty
Buyer's Agent
Brok Butcher
Butcher Realty
List Price
$1,800,000
Sold Price
$1,700,000
Premium/Discount to List
-$100,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%

Purchase Details

Closed on
Sep 21, 2010
Sold by
Lanini Jere K and Lanini Marilyn J
Bought by
Jaunzemis Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,937
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2010
Sold by
Reid William
Bought by
Jaunzemis Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,937
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2010
Sold by
Jaunzemis Karen and Jaunzemis Karen Lynn
Bought by
Jaunzemis Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,937
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 2009
Sold by
Lanini Marilyn
Bought by
Lanini Jere K and Lanini Marilyn J

Purchase Details

Closed on
Aug 3, 2009
Sold by
Jaunzemis Karen Lynn and The Joanne Armijo Living Trust
Bought by
Lanini Marilyn and Reid William

Purchase Details

Closed on
Jan 7, 2002
Sold by
Armijo Joanne
Bought by
Armijo Joanne and The Joanne Armijo Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.01%

Purchase Details

Closed on
Jan 4, 2002
Sold by
Armijo Joanne and The Joanne Armijo Living Trust
Bought by
Armijo Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.01%

Purchase Details

Closed on
Oct 28, 1993
Sold by
Armijo Doris Joanne
Bought by
Armijo Joanne and The Joanne Armijo Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Triplex El Segundo Llc -- Fidelity National Title Co
Triplex El Segundo Llc -- Fidelity National Title Co
Bion Partners Llc -- None Available
Bion Partners Llc -- None Available
Ahwazi Hamid $1,700,000 Progressive Title
Ahwazi Hamid $1,700,000 Progressive Title
Jaunzemis Karen $231,000 First American Title Co La
Jaunzemis Karen $231,000 First American Title Co La
Jaunzemis Karen $231,000 First American Title Co La
Jaunzemis Karen $231,000 First American Title Co La
Jaunzemis Karen -- First American Title Co La
Jaunzemis Karen -- First American Title Co La
Lanini Jere K -- None Available
Lanini Jere K -- None Available
Lanini Marilyn -- None Available
Lanini Marilyn -- None Available
Armijo Joanne -- --
Armijo Joanne -- --
Armijo Joanne -- American Coast Title
Armijo Joanne -- American Coast Title
Armijo Joanne -- --
Armijo Joanne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jaunzemis Karen $587,937
Previous Owner Armijo Joanne $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2021 08/12/21 Sold $1,900,000 +0.3% $683 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/15/2021 06/15/21 Price Changed $1,895,000 -5.0% $681 / Sq Ft
05/05/2021 05/05/21 For Sale $1,995,000 +17.4% $717 / Sq Ft
08/02/2019 08/02/19 Sold $1,700,000 -5.6% $611 / Sq Ft View Prior Sale
03/26/2019 03/26/19 For Sale $1,800,000 -- $647 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $22,283 $2,016,295 $1,061,208 $955,087
2024 $22,283 $1,976,760 $1,040,400 $936,360
2023 $21,692 $1,938,000 $1,020,000 $918,000
2022 $21,932 $1,900,000 $1,000,000 $900,000
2021 $19,972 $1,717,612 $1,010,360 $707,252
2020 $19,598 $1,700,000 $1,000,000 $700,000
2019 $7,919 $665,991 $532,713 $133,278
2018 $7,388 $652,933 $522,268 $130,665
2016 $7,157 $627,581 $501,989 $125,592
2015 $7,069 $618,155 $494,449 $123,706
2014 $6,934 $606,047 $484,764 $121,283
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21095447

California Regional Multiple Listing Service (CRMLS)

APN: 4135-031-003