NOT LISTED FOR SALE

601 Virginia St El Segundo, CA 90245

Estimated Value: $2,697,220

3 Beds
3 Baths
4,927 Sq Ft
$547/Sq Ft Est. Value

Last Sold October 02, 2013

Last sale price $1,320,000 $268 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $16,213/month

695 Days on Market

About This Home

As of October 2013

CORNER LOCATION ON ONE ON best streets in west El Segundo across the street from play ground Richmond elementary school
The corner building is a Liquor store, with a parking lot, and behind the parking lot is a three bedroom and a one bedroom unit with 3 garages and two parking spaces property on 1 and 1/2 lots, apx 10,298 sq ft.

Last Agent to Sell the Property

Steven Legare

West Shores Realty, Inc. License #00452827 Listed on: 08/08/2013

West Shores Realty, Inc.

Last Buyer's Agent

Steven Legare

West Shores Realty, Inc. License #00452827 Listed on: 08/08/2013

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,201

Year Built

  • Built in 1940

Lot Details

  • 10,298 Sq Ft Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • 4,927 Sq Ft Home

Listing and Financial Details

  • Tax Lot 13,1
  • Tax Tract Number 6201
  • Assessor Parcel Number 4136002018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $1,500
  • Water Sewer Expense $2,200
  • New Taxes Expense $17,000
  • Gross Income $7,217
  • Net Operating Income $83,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,201

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Water Sewer Expenses: 2200.00
  • Property Type: Residential Income
  • Parcel Number: 4136002018
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 267.91

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 10.00

Utilities

  • Trash Expense: 1500.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 10298.00
  • Lot Size Acres: 0.2400

Multi Family

  • Gross Income: 7217.00
  • Gross Scheduled Income: 86604.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 10298.0000 Square Feet
  • Net Operating Income: 83000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3600.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 17000.00
  • Tax Lot: 13,1
  • Tax Tract Number: 6201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2015
Sold by
Btros Peter and Btros Jenny
Bought by
Chad & Peter Properties Inc
Current Estimated Value
$2,697,220

Purchase Details

Listed on
Aug 8, 2013
Closed on
Sep 11, 2013
Sold by
Abboud Emtethal
Bought by
Abboud Chaddeh
Seller's Agent
Steven Legare
West Shores Realty, Inc.
Buyer's Agent
Steven Legare
West Shores Realty, Inc.
List Price
$1,495,000
Sold Price
$1,320,000
Premium/Discount to List
-$175,000
-11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$990,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 8, 2013
Closed on
Sep 5, 2013
Sold by
Marco Albert L and Marco Madeleine
Bought by
Btros Peter and Btros Jenny
Seller's Agent
Steven Legare
West Shores Realty, Inc.
Buyer's Agent
Steven Legare
West Shores Realty, Inc.
List Price
$1,495,000
Sold Price
$1,320,000
Premium/Discount to List
-$175,000
-11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2007
Sold by
Whitley Robert E and Whitley Rosalie R
Bought by
Marco Albert L and Cazian Madeleine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.18%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Chad & Peter Properties Inc -- None Available
Abboud Chaddeh -- American Coast Title Company
Btros Peter $1,320,000 American Coast Title Company
Marco Albert L $1,462,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chad & Peter Properties Inc $915,000
Previous Owner Abboud Chaddeh $990,000
Previous Owner Btros Peter $990,000
Previous Owner Marco Albert L $875,000
Previous Owner Marco Albert L $0
Previous Owner Marco Albert L $500,000
Previous Owner Whitley Robert E $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2013 10/02/13 Sold $1,320,000 -11.7% $268 / Sq Ft
08/20/2013 08/20/13 Pending -- -- --
09/25/2011 09/25/11 For Sale $1,495,000 -- $303 / 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 $18,201 $1,618,127 $757,578 $860,549
2024 $18,201 $1,586,400 $742,724 $843,676
2023 $17,727 $1,555,295 $728,161 $827,134
2022 $17,921 $1,524,800 $713,884 $810,916
2021 $17,702 $1,494,903 $699,887 $795,016
2019 $17,158 $1,450,566 $679,129 $771,437
2018 $20,283 $1,820,699 $1,285,934 $534,765
2016 $15,556 $1,366,903 $639,959 $726,944
2015 $15,365 $1,346,372 $630,347 $716,025
2014 $15,040 $1,320,000 $618,000 $702,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S11126552

California Regional Multiple Listing Service (CRMLS)

APN: 4136-002-018