NOT LISTED FOR SALE

Estimated Value: $1,347,000 - $1,812,217

7 Beds
5 Baths
3,143 Sq Ft
$512/Sq Ft Est. Value

Last Sold December 24, 2014

Last sale price $815,000 $259 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $9,747/month

7 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Forced Air Heating System
  • Los Cerritos Elementary School Rated A

About This Home

As of December 2014

Own a Duplex in Virginia Country Club, Los Cerritos area. Great corner location, large lot over 10,000sq.ft., large units with two car garages each.

One unit faces Bixby Rd with 3 bedrooms and 2 full baths nice fireplace, inside laundry, hardwood flooring, forced air heating and two car garage.

Second unit faces Weston Pl, unit has 4 bedrooms and 2.75 bath. The 4th bedroom with a 3/4 bath has been converted into a private office with direct street access. This Second unit also has a fireplace, inside laundry and a two car garage.

This is an excellent property in a fabulous neighborhood.

Last Agent to Sell the Property

Kathy (Apples) Gordon

Berkshire Hathaway HomeServices California Properties License #00853237 Listed on: 10/03/2014

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Angie Ortiz

Berkshire Hathaway HomeServices California Properties License #01292393

Last Buyer's Agent

Rosanne Rojo

Berkshire Hathaway H.S.C.P. License #01755826

Berkshire Hathaway H.S.C.P.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,580

Year Built

  • Built in 1955

Lot Details

  • 10,064 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • 3,143 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • Laundry Room
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 42
  • Tax Tract Number 4921
  • Assessor Parcel Number 7141008046

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $324
  • Water Sewer Expense $1,476
  • New Taxes Expense $10,000
  • Gross Income $4,700
  • Net Operating Income $54,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,580

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Inclusions: dishwashers
  • Property Attached: Yes
  • Subdivision Name Other: Los Cerritos (LC)
  • Water Sewer Expenses: 1476.00
  • Property Type: Residential Income
  • Parcel Number: 7141008046
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 259.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Trash Expense: 324.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10064.00
  • Lot Size Acres: 0.2310

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4700.00
  • Gross Scheduled Income: 56400.00
  • Insurance Expense: 800.00
  • Lot Size Area: 10064.0000 Square Feet
  • Net Operating Income: 54240.00
  • 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: 2160.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Lot: 42
  • Tax Tract Number: 4921
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2020
Sold by
Hara Martha O and Hara George O
Bought by
Hara George J O and Hara Martha O
Current Estimated Value
$1,609,054

Purchase Details

Closed on
Feb 12, 2018
Sold by
Hara George J O
Bought by
Hara George J O and Hara Martha L O

Purchase Details

Closed on
Oct 20, 2014
Sold by
Mendenhall Harold
Bought by
Hara Goerge J O and Hara Martha D O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2005
Sold by
Obrien Katherine A
Bought by
Mendenhall Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,500
Interest Rate
6.25%
Mortgage Type
New Conventional
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
Hara George J O -- Wfg National Title Co Of Ca
Hara George J O -- None Available
Hara Goerge J O $815,000 North American Title Company
Mendenhall Harold $1,035,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hara Goerge J O $417,000
Previous Owner Mendenhall Harold $250,000
Previous Owner Mendenhall Harold $664,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2014 12/24/14 Sold $815,000 +1.9% $259 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $799,900 -- $255 / 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 $12,580 $979,495 $492,753 $486,742
2024 $12,580 $960,291 $483,092 $477,199
2023 $12,374 $941,463 $473,620 $467,843
2022 $11,621 $923,004 $464,334 $458,670
2021 $11,389 $904,907 $455,230 $449,677
2020 $11,359 $895,630 $450,563 $445,067
2019 $11,228 $878,070 $441,729 $436,341
2018 $10,842 $860,854 $433,068 $427,786
2016 $9,962 $827,428 $416,252 $411,176
2015 $9,560 $815,000 $410,000 $405,000
2014 $7,798 $650,000 $376,800 $273,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14213372

California Regional Multiple Listing Service (CRMLS)

APN: 7141-008-046