NOT LISTED FOR SALE

605 W E St Wilmington, CA 90744

Estimated Value: $707,000 - $865,000

2 Beds
1 Bath
2,075 Sq Ft
$375/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2013

Last sale price $360,000 $173 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,608 / mo

40 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • 3-minute walk to Wilmington Recreation Center
  • No HOA
  • Wall Furnace

About This Home

As of June 2013

Very well maintained 4 unit building. Many upgrades in recent years. Ideal for investor/owner, will qualify for all financing. Great tenants, low maintenance and good rents. Available with adjacent property 603 W E St.. On site washer and dryer room utilized by both properties. Please do not walk on property. Tenants are unaware of sale. Offer subject to inspection. Good Luck!!!

Last Agent to Sell the Property

Michael Geluz

Legacy Realty & Investments License #01469084 Listed on: 04/10/2013

Last Buyer's Agent

Larissa Rubijevsky

Estate Properties License #01347242

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 4,640 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 2,075 Sq Ft Home
  • Property Attached
  • Composition Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 7417023005

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $4,873
  • Gross Income $2,929
  • Net Operating Income $32,748

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

4,640 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7417023005
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 173.49

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4640.00
  • Lot Size Acres: 0.1070

Multi Family

  • Gross Income: 2929.00
  • Gross Scheduled Income: 35148.00
  • Lot Size Area: 4640.0000 Square Feet
  • Net Operating Income: 32748.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 2400.00
  • Rent Control: Yes
  • Total Actual Rent: 2929.00

Tax Info

  • New Taxes Expense: 4873.00
  • Tax Year: 2012

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

Listed on
Apr 10, 2013
Closed on
Jun 25, 2013
Sold by
Bought by
Seller's Agent
Michael Geluz
Legacy Realty & Investments
Buyer's Agent
Larissa Rubijevsky
Estate Properties
List Price
$389,900
Sold Price
$360,000
Premium/Discount to List
-$29,900
-7.67%
Current Estimated Value
$778,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,420
Avg. Annual Appreciation
6.15%
Original Mortgage
$200,000
Outstanding Balance
$168,109
Interest Rate
8.25%
Mortgage Type
New Conventional
Estimated Equity
$610,311

Purchase Details

Closed on
Jul 30, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 11, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 23, 2008
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
$213,750
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2006
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
$460,000
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 22, 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
$47,250
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 5, 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
$47,250
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$360,000 Providen Title Company
$295,000 None Available
-- Lawyers Title
$285,000 Lawyers Title
-- United Title Company-La
-- Lawyers Title
$472,500 Lawyers Title Ins
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 $200,000
Previous Owner $213,750
Previous Owner $460,000
Previous Owner $47,250
Previous Owner $378,000
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
06/27/2013 06/27/13 Sold $360,000 -7.7% $173 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $389,900 -- $188 / Sq Ft
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 $5,723 $443,306 $246,282 $197,024
2024 $5,642 $434,614 $241,453 $193,161
2023 $5,539 $426,093 $236,719 $189,374
2022 $5,290 $417,739 $232,078 $185,661
2021 $5,219 $409,549 $227,528 $182,021
2019 $5,069 $397,403 $220,780 $176,623
2018 $4,977 $389,611 $216,451 $173,160
2016 $4,746 $374,484 $208,047 $166,437
2015 $4,680 $368,859 $204,922 $163,937
2014 $4,719 $361,634 $200,908 $160,726
Source: Public Records

Agents Affiliated with this Home

  • Michael Geluz

    Seller's Agent in 2013

    Michael Geluz

    Legacy Realty & Investments

    (310) 345-4891

    5 in this area

    14 Total Sales

    Michael Geluz
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13064652

California Regional Multiple Listing Service (CRMLS)

APN: 7417-023-005

California Los Angeles County Wilmington 90744

605 W E St, Wilmington, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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