NOT LISTED FOR SALE

505 E Lomita Blvd Carson, CA 90745

Carson Area
20 Beds
10 Baths
8,448 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: May 31, 2012

Last sale price $1,435,000 $170 Per Sq Ft

About This Home

As of May 2012

This home is located at 505 E Lomita Blvd, Carson, CA 90745 since 09 February 2012. This property was built in 1962. 505 E Lomita Blvd is a home located in Los Angeles County with nearby schools including Broad Avenue Elementary School, Wilmington Middle School STEAM Magnet, and Phineas Banning Senior High School.

Last Agent to Sell the Property

Attai Messou

Home Smart Realty Group License #01235440 Listed on: 02/09/2012

Home Smart Realty Group

Last Buyer's Agent

Albert Morell

WRE SoCal, Inc. License #00466538

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 13,007 Sq Ft Lot

Parking

  • 11 Car Garage

Home Design

  • 8,448 Sq Ft Home

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 10 Bathrooms

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 1
  • Tax Tract Number 24605
  • Assessor Parcel Number 7406032001

Community Details

Overview

  • 11 Units

Building Details

  • 11 Leased Units
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $790
  • Gardener Expense $660
  • Insurance Expense $2,446
  • Maintenance Expense $3,930
  • Trash Expense $3,290
  • Water Sewer Expense $2,800
  • New Taxes Expense $13,863
  • Gross Income $12,400
  • Net Operating Income $115,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0.3 Acres

Parking

11

Listing Details

  • CapRate: 8.00
  • Water Sewer Expenses: 2800.00
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 7406032001
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 169.86

Garage/Parking

  • Garage Spaces: 11.00
  • Total Parking Spaces: 11.00

Utilities

  • Trash Expense: 3290.00

Lot Info

  • Lot Size Sq Ft: 13007.00
  • Lot Size Acres: 0.3000

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Electric Expense: 790.00
  • Gross Income: 12400.00
  • Gross Multiplier: 9.60
  • Gross Scheduled Income: 148800.00
  • Insurance Expense: 2446.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 13007.0000 Square Feet
  • Maintenance Expense: 3930.00
  • Net Operating Income: 115000.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 11
  • Number Of Units Total: 11
  • Operating Expense: 33000.00
  • Rent Control: No
  • Total Actual Rent: 11900.00

Tax Info

  • New Taxes Expense: 13863.00
  • Tax Lot: 1
  • Tax Tract Number: 24605
  • Tax Year: 2011

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

Closed on
Mar 5, 2012
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
$1,076,250
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 6, 2005
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
$725,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Carson, CA

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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
$1,435,000 First American Title Company
-- None Available
-- North American Title
-- --
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 $1,135,000
Closed $1,280,000
Previous Owner $1,076,250
Previous Owner $725,000
Previous Owner $500,000
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
05/31/2012 05/31/12 Sold $1,435,000 -0.7% $170 / Sq Ft
02/09/2012 02/09/12 For Sale $1,445,000 -- $171 / Sq Ft
02/04/2012 02/04/12 Pending -- -- --
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 $25,763 $1,802,431 $753,629 $1,048,802
2024 $24,675 $1,767,090 $738,852 $1,028,238
2023 $24,254 $1,732,442 $724,365 $1,008,077
2022 $23,149 $1,698,473 $710,162 $988,311
2021 $22,917 $1,665,171 $696,238 $968,933
2019 $22,220 $1,618,483 $675,588 $942,895
2018 $21,877 $1,586,802 $662,342 $924,460
2016 $20,855 $1,522,591 $636,623 $885,968
2015 $20,491 $1,499,721 $627,061 $872,660
2014 $20,489 $1,470,344 $614,778 $855,566
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12019416

California Regional Multiple Listing Service (CRMLS)
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