NOT LISTED FOR SALE

337 Sumner Ave Avalon, CA 90704

Avalon Area

Estimated Value: $1,122,000 - $1,317,000

3 Beds
3 Baths
1,184 Sq Ft
$1,022/Sq Ft Est. Value

Sale Details

Date Sold: September 21, 2017

Last sale price $795,000 $671 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,117 / mo

25 Days on Market

About This Home

As of September 2017

Rare classic Avalon bungalow triplex situated on a large lot in the highly desirable flats of Avalon. A short 2 1/2 blocks distance from the beach and harbor. This property affords it’s owner the ability to provide an amazing short term rental experience in the front unit, while providing the community a much needed yearly rental to the locals, and keeping a home base. The front unit is a nightly rental that sleeps 4, with a picturesque front porch. The front unit is consistently rented and provides excellent income. The recently remodeled middle is a highly desirable 12 month rental. And an owner’s unit in the back with a large rear yard. Due to the large lot size there is a potential for four units - lots of potential for future building opportunity. DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Jennifer Purzycki

CENTURY 21 Affiliated License #01875805 Listed on: 07/06/2017

CENTURY 21 Affiliated

Co-Listed By

Dawn White

CENTURY 21 Affiliated License #01896876

Last Buyer's Agent

Earl Schrader

Earl Schrader License #00971634

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 2,647 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Back Yard

Home Design

  • 1,184 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 22
  • Assessor Parcel Number 7480031046

Community Details

Overview

  • 3 Units

Building Details

  • 1 Leased Unit
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Other Expense $5,000
  • Professional Management Expense $4,200
  • Operating Expense $10,200
  • Gross Income $34,800
  • Net Operating Income $49,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

2,647 Sq Ft Lot

Listing Details

  • Professional Management Expense: 4200.00
  • Property Attached: No
  • Zoning: AVR3*
  • Property Type: Residential Income
  • Parcel Number: 7480031046
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 671.45

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 2647.00

Rental Info

  • Tenant Pays: Other

Multi Family

  • Gross Income: 34800.00
  • Gross Scheduled Income: 59400.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 49200.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Operating Expense: 10200.00
  • Other Expense: 5000.00
  • Other Expense Description: utility
  • Rent Control: No
  • Total Expenses: 10200.00

Tax Info

  • Tax Census Tract: 5990.00
  • Tax Lot: 17
  • Tax Tract Number: 22

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2017
Closed on
Aug 23, 2017
Sold by
Bought by
Seller's Agent
Jennifer Purzycki
CENTURY 21 Affiliated
Buyer's Agent
Earl Schrader
Earl Schrader
List Price
$800,000
Sold Price
$795,000
Premium/Discount to List
-$5,000
-0.62%
Current Estimated Value
$1,210,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,320
Avg. Annual Appreciation
4.87%
Original Mortgage
$596,250
Interest Rate
0.039%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
0.0381%

Purchase Details

Closed on
Jan 30, 2001
Sold by
Bought by

Purchase Details

Closed on
Feb 29, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$795,000 Corinthian Title
$710,000 Fidelity National Title Co
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $596,250
Previous Owner $560,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2017 09/21/17 Sold $795,000 -0.6% $671 / Sq Ft
07/06/2017 07/06/17 For Sale $800,000 +12.7% $676 / Sq Ft
02/22/2016 02/22/16 Sold $710,000 -16.0% $600 / Sq Ft View Prior Sale
11/06/2015 11/06/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $845,000 -- $714 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,495 $904,569 $750,965 $153,604
2024 $17,681 $886,834 $736,241 $150,593
2023 $17,237 $869,446 $721,805 $147,641
2022 $16,260 $852,399 $707,652 $144,747
2021 $15,622 $835,686 $693,777 $141,909
2019 $14,782 $811,115 $673,200 $137,915
2018 $14,466 $795,215 $660,000 $135,215
2016 $6,614 $172,166 $119,567 $52,599
2015 $5,816 $169,580 $117,771 $51,809
2014 $5,457 $166,260 $115,465 $50,795
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Purzycki

    Seller's Agent in 2017

    Jennifer Purzycki

    CENTURY 21 Affiliated

    (949) 395-6853

    57 Total Sales

    Jennifer Purzycki
    Section Image
  • Dawn White

    Seller Co-Listing Agent in 2017

    Dawn White

    CENTURY 21 Affiliated

    (949) 282-9919

    60 Total Sales

    Dawn White
    Section Image

  • E

    Buyer's Agent in 2017

    Earl Schrader

    Earl Schrader

    Section Image

  • M

    Seller's Agent in 2016

    Max Alatorre

    Compass

    Section Image
  • Agnes Rosiak

    Seller Co-Listing Agent in 2016

    Agnes Rosiak

    Estate Properties

    (310) 384-2399

    20 Total Sales

    Agnes Rosiak
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17152828

California Regional Multiple Listing Service (CRMLS)

APN: 7480-031-046

California Los Angeles County Avalon 90704

337 Sumner Ave, Avalon, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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