NOT LISTED FOR SALE
3 Beds
2 Baths
1,804 Sq Ft
7,006 Sq Ft Lot

Last Sold June 22, 2018

Last sale price $700,000 $388 Per Sq Ft

71 Days on Market

About This Home

As of June 2018

TWO ON A LOT - Close to everything! This property features a fantastic opportunity to expand. The front property was completely renovated & updated. It features a spacious living room with separate dining area. The natural hardwood floors through-out, give it a warm open flow. The kitchen has new oak cabinets and granite counter tops. A cute breakfast nook sits next to the kitchen for more dining. The bath room features custom glass large vanity with modern design and faucets. The ivory white tile walls with matching floors give the bath a sophisticated and minimal look. The rear property should be rebuilt and buyer / developer would add more units. Close to everything! Pico Del Mar community, short walk to shops and beautiful restaurants, 10 minutes to beaches, few minutes to Freeways. Large Avocado tree producing twice a year.

Last Agent to Sell the Property

John Scott

John L. Scott Real Estate License #01369752 Listed on: 03/20/2018

John L. Scott Real Estate

Last Buyer's Agent

John Scott

John L. Scott Real Estate License #01369752 Listed on: 03/20/2018

John L. Scott Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,392

Year Built

  • Built in 1924

Lot Details

  • 7,006

Parking

  • 4 Parking Spaces

Home Design

  • 1,804 Sq Ft Home
  • Duplex

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating
  • Cable TV Available
  • TV Antenna

Additional Features

  • Gas Dryer Hookup
  • 7,006 Sq Ft Lot

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5063-002-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,392

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: www.JohnScottBroker.com
  • Living Area: 1804
  • Probate: No
  • Year Built: 1924
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Antenna, Cable, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan
  • Price Per S Q F T: 415.19

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 4

Utilities

  • Heating: Central

Lot Info

  • Assessed Improvement Value: 145884
  • Assessed Land Value: 339528
  • Assessor Parcel Number: 5063-002-024
  • Geocode Override: No
  • Lot Size Area: 7006

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 3.00
  • Number Of Units: 2
  • Total Annual Expense: 250
  • Type Of Units: duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2023
Sold by
Lopez Santigao
Bought by
Socal Builders And Developers Llc
Total Days on Market
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,277,500
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2022
Sold by
Garcia Aurora
Bought by
Lopez Santiago

Purchase Details

Listed on
Mar 20, 2018
Closed on
Jun 11, 2018
Sold by
Settles Cynthia and Galimore Eugene R
Bought by
Lg Capital Group Llc
Seller's Agent
John Scott
John L. Scott Real Estate
Buyer's Agent
John Scott
John L. Scott Real Estate
List Price
$845,000
Sold Price
$700,000
Premium/Discount to List
-$145,000
-17.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 19, 2016
Sold by
Settles Cynthia
Bought by
Wilhelmina Hamer Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2016
Sold by
Settles Cynthia and Galimore Eugene R
Bought by
Settles Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2008
Sold by
Hamer Wilhelmina
Bought by
Hamer Wilhelmina and Wilhelmina Hamer Living Trust

Purchase Details

Closed on
May 24, 1994
Sold by
Settles Cynthia
Bought by
Hamer Wilhelmina
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
Socal Builders And Developers Llc -- First American Title
Lopez Santiago -- --
Lopez Santiago -- --
Lg Capital Group Llc $700,000 Stewart Title Of California
Wilhelmina Hamer Living Trust -- None Available
Settles Cynthia -- Lawyers Title
Hamer Wilhelmina -- None Available
Hamer Wilhelmina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Socal Builders And Developers Llc $1,277,500
Previous Owner Lg Capital Group Llc $960,000
Previous Owner Lg Capital Group Llc $700,000
Previous Owner Settles Cynthia $571,000
Previous Owner Settles Cynthia $420,000
Previous Owner Settles Cynthia $380,000
Previous Owner Hamer Wilhelmina $6,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $700,000 -6.5% $388 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
04/28/2018 04/28/18 Price Changed $749,000 -11.4% $415 / Sq Ft
03/20/2018 03/20/18 For Sale $845,000 -- $468 / Sq Ft
Source: The MLS

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
2024 $11,392 $918,000 $867,000 $51,000
2023 $9,564 $765,550 $656,187 $109,363
2022 $9,129 $750,540 $643,321 $107,219
2021 $9,012 $735,824 $630,707 $105,117
2020 $9,102 $728,280 $624,240 $104,040
2019 $8,747 $714,000 $612,000 $102,000
2018 $954 $58,272 $29,279 $28,993
2016 $814 $56,011 $28,143 $27,868
2015 $804 $55,171 $27,721 $27,450
2014 $706 $44,551 $27,178 $17,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-325150

The MLS

APN: 5063-002-024