NOT LISTED FOR SALE

Estimated Value: $819,000 - $1,248,000

3 Beds
2 Baths
1,551 Sq Ft
$651/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $496,000 $320 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,986/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Property is near public transit
  • Wood Flooring
  • Woodrow Wilson High School Rated A
  • Traditional Architecture
  • No HOA

About This Home

As of April 2013

Handyman's Dream... don't miss this 1955 Duplex minutes from Circle Shopping/Dining, short distance from CSULB, Belmont Shore and the 405 freeway. The one bedroom one bath front unit is occupied was recently renovated with fresh paint/texture, updated bathroom new sink, toilet and flooring, hardwood floors throughout. Rear unit is a 2 bed 1 bath unit just over 900 sqft approx., hardwood floors, bathroom renovatated in 2005, central A/C and Heat, private laundry room and huge enclosed yard with alley access. The property has tons of potential for an owner occupant or investor. Don't wait on this one, shouldn't last long!

Last Agent to Sell the Property

Scott Stryker

Y Realty License #01912109 Listed on: 03/27/2013

Last Buyer's Agent

Scott Stryker

Y Realty License #01912109 Listed on: 03/27/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,469 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Fence is in average condition
  • Rectangular Lot
  • Sprinkler System

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • RV Access or Parking

Home Design

  • 1,551 Sq Ft Home
  • Traditional Architecture
  • Property Attached
  • Stucco

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance, insurance, trash collection
  • Tax Lot 10
  • Tax Tract Number 7253
  • Assessor Parcel Number 7253022012

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 $1,000
  • Trash Expense $1
  • Water Sewer Expense $1,200
  • New Taxes Expense $5,940
  • Gross Income $2,795
  • Net Operating Income $26,832

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator, Washer & Dryer and Storage Shed
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Subdivision Name Other: Circle (CA)
  • Water Sewer Expenses: 1200.00
  • Zoning: LBRN
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7253022012
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Vinyl, Wood
  • Levels: One
  • Price Per Square Foot: 319.79

Exterior Features

  • Fencing: Average Condition
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage, RV Access/Parking, Garage - Single Door
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Washer Included
  • Trash Expense: 1.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Rectangular Lot, Sprinkler System, Near Public Transit
  • Lot Size Sq Ft: 6469.00
  • Lot Size Acres: 0.1490

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance, Insurance, Trash Collection

Multi Family

  • Average1 Bed Area: 626
  • Average2 Bed Area: 925
  • Gross Income: 2795.00
  • Gross Scheduled Income: 33540.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6469.0000 Square Feet
  • Net Operating Income: 26832.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 5031.00
  • Operating Expense Percent: 15.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 5940.00
  • Tax Lot: 10
  • Tax Tract Number: 7253
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2019
Sold by
Ponce Elise
Bought by
Laio Dylan M
Current Estimated Value
$1,009,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$196,339
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$813,220

Purchase Details

Listed on
Mar 27, 2013
Closed on
Apr 2, 2013
Sold by
Gagnon Ross
Bought by
Laio Robert P and Greenwood Laio Susan R
Seller's Agent
Scott Stryker
Y Realty
Buyer's Agent
Scott Stryker
Y Realty
List Price
$474,900
Sold Price
$496,000
Premium/Discount to List
$21,100
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$372,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2011
Sold by
Jones Robert Steven
Bought by
Jones R Steven and R Steven Jones Living Trust

Purchase Details

Closed on
Sep 12, 2000
Sold by
Beaver Sean V
Bought by
Jones Robert Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,800
Interest Rate
7.96%

Purchase Details

Closed on
Jun 5, 1998
Sold by
Beaver Stacey M
Bought by
Beaver Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,660
Interest Rate
7.17%
Mortgage Type
VA

Purchase Details

Closed on
Apr 27, 1998
Sold by
Lindley Wilma M
Bought by
Beaver Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,660
Interest Rate
7.17%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Laio Dylan M -- Pacific Coast Title Company
Laio Robert P -- Pacific Coast Title Company
Laio Robert P $496,000 North American Title Company
Jones R Steven -- None Available
Jones Robert Steven $238,500 North American Title Co
Beaver Sean -- Landsafe Title
Beaver Susan $133,000 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laio Dylan M $300,000
Closed Laio Robert P $372,000
Previous Owner Jones Robert Steven $190,800
Previous Owner Beaver Susan $135,660
Closed Jones Robert Steven $35,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2013 04/30/13 Sold $496,000 +4.4% $320 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $474,900 -- $306 / 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 $8,177 $610,777 $430,993 $179,784
2024 $7,825 $598,802 $422,543 $176,259
2023 $7,692 $587,061 $414,258 $172,803
2022 $7,222 $575,551 $406,136 $169,415
2021 $7,077 $564,267 $398,173 $166,094
2020 $7,058 $558,482 $394,091 $164,391
2019 $6,974 $547,532 $386,364 $161,168
2018 $6,737 $536,797 $378,789 $158,008
2016 $6,196 $515,954 $364,081 $151,873
2015 $5,946 $508,205 $358,613 $149,592
2014 $5,907 $498,251 $351,589 $146,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13053391

California Regional Multiple Listing Service (CRMLS)

APN: 7253-022-012