NOT LISTED FOR SALE

618 E Grand Ave El Segundo, CA 90245

Estimated Value: $1,770,000 - $1,860,000

4 Beds
2 Baths
1,826 Sq Ft
$989/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $1,050,000 $575 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $10,611/month

13 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Laundry Room
  • Center Street Elementary Rated A+
  • Converted Garage
  • 4-minute walk to Hilltop Park

About This Home

As of March 2016

Duplex 2 bedrooms/1 bath each unit, front unit with small yard, back unit big back yard, 4 car garages. Needs TLC. Sold "AS-IS' Trust sale.

Last Agent to Sell the Property

Tim Hovland

Beach City Brokers License #01261131 Listed on: 03/28/2016

Beach City Brokers

Last Buyer's Agent

Richard Warren

Estate Properties License #01518362

Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 7,508 Sq Ft Lot
  • 1 Common Wall

Parking

  • 4 Car Garage
  • Converted Garage
  • Parking Available

Home Design

  • Property Attached
  • Raised Foundation

Interior Spaces

  • 1,826 Sq Ft Home
  • Gas Fireplace
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Utilities

  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 6200
  • Assessor Parcel Number 4135017024

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $5,000
  • Water Sewer Expense $1,500
  • New Taxes Expense $11,000
  • Gross Income $3,200
  • Net Operating Income $500

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1500.00
  • Zoning: ESR2YY
  • Property Type: Residential Income
  • Parcel Number: 4135017024
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Fireplace Features: Gas
  • Price Per Square Foot: 575.03
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Converted Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 7508.00
  • Price Per Lot Square Foot: 139.85
  • Lot Size Acres: 0.1720

Multi Family

  • Gross Income: 3200.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 7508.0000 Square Feet
  • Net Operating Income: 500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1458.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 11000.00
  • Tax Lot: 3
  • Tax Tract Number: 6200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2022
Sold by
Haydis Kenneth Matthew and Haydis Briana Nicole
Bought by
Mbh Family Trust
Current Estimated Value
$1,805,582

Purchase Details

Listed on
Mar 28, 2016
Closed on
May 13, 2016
Sold by
Haydis Kenneth G and Haydis Dorothy A
Bought by
Haydis K Matthew and Sawers Briana N
Seller's Agent
Tim Hovland
Beach City Brokers
Buyer's Agent
Richard Warren
Estate Properties
List Price
$1,049,000
Sold Price
$1,050,000
Premium/Discount to List
$1,000
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$840,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2016
Closed on
Mar 14, 2016
Sold by
Normand Michael and Gene Lamar Overmyer Revocable
Bought by
Haydis Family Trust
Seller's Agent
Tim Hovland
Beach City Brokers
Buyer's Agent
Richard Warren
Estate Properties
List Price
$1,049,000
Sold Price
$1,050,000
Premium/Discount to List
$1,000
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2005
Sold by
Overmyer Gene
Bought by
Overmyer Gene and The Gene Lamar Overmyer Revoca
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

Date Buyer Sale Price Title Company
Mbh Family Trust -- --
Haydis Kenneth Matthew -- --
Haydis K Matthew $1,050,000 Chicago Title Company
Haydis Family Trust $1,050,000 Lawyers Title
Overmyer Gene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haydis K Matthew $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $1,050,000 +0.1% $575 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $1,049,000 -- $574 / 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 $14,148 $1,242,981 $887,845 $355,136
2024 $13,814 $1,218,610 $870,437 $348,173
2023 $13,450 $1,194,717 $853,370 $341,347
2022 $13,599 $1,171,292 $836,638 $334,654
2021 $13,408 $1,148,327 $820,234 $328,093
2020 $13,157 $1,136,553 $811,824 $324,729
2019 $12,952 $1,114,268 $795,906 $318,362
2018 $12,103 $1,092,420 $780,300 $312,120
2016 $11,759 $1,050,000 $750,000 $300,000
2015 $3,584 $309,602 $171,048 $138,554
2014 $3,523 $303,538 $167,698 $135,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16042913

California Regional Multiple Listing Service (CRMLS)

APN: 4135-017-024