NOT LISTED FOR SALE

Estimated Value: $828,000 - $1,015,070

3 Beds
2 Baths
1,491 Sq Ft
$621/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $850,000 $570 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,464/month

84 Days on Market

Highlights

  • Lawn
  • Landscaped
  • 1-Story Property
  • Laundry Room
  • Wall Furnace

About This Home

As of April 2024

PROPERTY VACANT! Come to this freshly painted houses which occupied a 2 bedrooms, 1 bath in front and a studio and bath with separate meters in the back. There's a garage that's turned to another studio without permits. Front house has floor plan that flows like a big house. Large living room and a separate dining area. Living room has a modernized fireplace. The kitchen is freshly remodeled and bathroom has new vanity and medicine cabinet. This also has it's own laundry area. The studio also is freshly painted and ready for move in. Property to be delivered vacant. This property is well kept with front and back auto green and secured gate with remote control for access from the alley. Come in and check it out.

Last Agent to Sell the Property

Gerry Nicks

Keller Williams South Bay Brokerage Phone: 310-701-5332 License #01798836 Listed on: 12/23/2023

Keller Williams South Bay

Last Buyer's Agent

Stanley Jackson

Stanley Jackson License #01418385

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,245

Year Built

  • Built in 1928

Lot Details

  • 5,802 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Lawn

Home Design

  • Duplex

Interior Spaces

  • 1,491 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 27 / J
  • Tax Tract Number 2190
  • Assessor Parcel Number 5044012026

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $150
  • Insurance Expense $200
  • Trash Expense $120
  • Water Sewer Expense $100
  • Operating Expense $570
  • Gross Income $4,300
  • Net Operating Income $3,830

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,245

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Other Phone Description: Aracely
  • Other Phone Number: 310-713-4916
  • Price Per Unit: 425000
  • Property Attached: No
  • Water Sewer Expenses: 100.00
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5044012026
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 570.09

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 120.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn
  • Lot Size Sq Ft: 5802.00
  • Lot Size Acres: 0.1332

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 150.00
  • Gross Income: 4300.00
  • Gross Scheduled Income: 4200.00
  • Insurance Expense: 200.00
  • Lot Size Area: 5802.0000 Square Feet
  • Net Operating Income: 3830.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 270.00
  • Rent Control: No
  • Total Expenses: 570.00

Tax Info

  • Tax Block: J
  • Tax Census Tract: 2190.20
  • Tax Lot: 27
  • Tax Tract Number: 2190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2023
Closed on
Mar 22, 2024
Sold by
Nicks Geraldine A and Nicks Laddie
Bought by
Jackson Shavonna E
Seller's Agent
Gerry Nicks
Keller Williams South Bay
Buyer's Agent
Stanley Jackson
Stanley Jackson
List Price
$800,000
Sold Price
$850,000
Premium/Discount to List
$50,000
6.25%
Views
5221
Current Estimated Value
$857,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,327
Avg. Annual Appreciation
6.86%
Original Mortgage
$765,000
Outstanding Balance
$754,273
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$172,245

Purchase Details

Listed on
Aug 25, 2020
Closed on
Mar 17, 2021
Sold by
Nicks Gerry
Bought by
Nicks Laddie
Seller's Agent
Carrie Palmer
Palms Property Solutions, Inc.
Buyer's Agent
Gerry Nicks
Keller Williams South Bay
List Price
$780,000
Sold Price
$700,000
Premium/Discount to List
-$80,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$687,321
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 25, 2020
Closed on
Jan 23, 2021
Sold by
Palmer Tarik
Bought by
Nicks Geraldine A and Nicks Laddie
Seller's Agent
Carrie Palmer
Palms Property Solutions, Inc.
Buyer's Agent
Gerry Nicks
Keller Williams South Bay
List Price
$780,000
Sold Price
$700,000
Premium/Discount to List
-$80,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,321
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2018
Sold by
Palmer Tarik
Bought by
Palmer Tarik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,105
Interest Rate
4.15%
Mortgage Type
VA

Purchase Details

Closed on
Mar 18, 2016
Sold by
Palmer Monica
Bought by
Palmer Tarik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,761
Interest Rate
3.73%
Mortgage Type
VA

Purchase Details

Closed on
Oct 29, 2009
Sold by
Marathon Asset Investment Trust 2007-1
Bought by
Palmer Tarik and Palmer Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,353
Interest Rate
4.99%
Mortgage Type
VA

Purchase Details

Closed on
Mar 9, 2009
Sold by
Freeman Ronald J
Bought by
Marathon Asset Investment Trust 2007-1

Purchase Details

Closed on
Aug 5, 2005
Sold by
Jenkins Richie
Bought by
Freeman Ronald J and Freeman Simone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.61%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 29, 1997
Sold by
Jenkins Amos Jr Tr Amos Jenkins Trust
Bought by
Jenkins Richie
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Jackson Shavonna E $850,000 First American Title
Nicks Laddie -- Priority Title
Nicks Geraldine A $700,000 Priority Title
Palmer Tarik -- Western Resources Title
Palmer Tarik -- None Available
Palmer Tarik $249,000 Fidelity National Title Co
Marathon Asset Investment Trust 2007-1 $234,900 None Available
Freeman Ronald J $460,000 --
Jenkins Richie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Shavonna E $765,000
Previous Owner Nicks Laddie $687,321
Previous Owner Palmer Tarik $663,000
Previous Owner Palmer Tarik $551,105
Previous Owner Palmer Tarik $430,761
Previous Owner Palmer Tarik $246,400
Previous Owner Palmer Tarik $254,353
Previous Owner Freeman Ronald J $544,500
Previous Owner Freeman Ronald J $92,000
Previous Owner Freeman Ronald J $368,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $850,000 0.0% $570 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/16/2024 03/16/24 Price Changed $850,000 +13.3% $570 / Sq Ft
03/05/2024 03/05/24 Price Changed $750,000 -6.1% $503 / Sq Ft
03/01/2024 03/01/24 Price Changed $799,000 -0.1% $536 / Sq Ft
02/23/2024 02/23/24 Price Changed $800,000 0.0% $537 / Sq Ft
02/23/2024 02/23/24 For Sale $800,000 -8.0% $537 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $870,000 0.0% $584 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
02/09/2024 02/09/24 Price Changed $870,000 +8.8% $584 / Sq Ft
01/30/2024 01/30/24 Price Changed $799,999 -11.1% $537 / Sq Ft
12/23/2023 12/23/23 For Sale $899,999 +28.6% $604 / Sq Ft
03/05/2021 03/05/21 Sold $700,000 -4.8% $469 / Sq Ft
12/29/2020 12/29/20 Price Changed $735,000 -5.8% $493 / Sq Ft
08/25/2020 08/25/20 For Sale $780,000 -- $523 / 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 $9,245 $867,000 $693,600 $173,400
2024 $9,245 $742,844 $636,724 $106,120
2023 $9,072 $728,280 $624,240 $104,040
2022 $8,658 $714,000 $612,000 $102,000
2021 $2,077 $296,925 $238,498 $58,427
2020 $2,127 $293,881 $236,053 $57,828
2019 $2,065 $288,120 $231,425 $56,695
2018 $3,596 $282,472 $226,888 $55,584
2016 $3,431 $271,506 $218,079 $53,427
2015 $3,383 $267,429 $214,804 $52,625
2014 $3,408 $262,192 $210,597 $51,595
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23229637

California Regional Multiple Listing Service (CRMLS)

APN: 5044-012-026