NOT LISTED FOR SALE

651 W Pine Ave El Segundo, CA 90245

Estimated Value: $1,608,000 - $1,714,371

3 Beds
2 Baths
1,324 Sq Ft
$1,259/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $1,250,000 $944 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,528/month

2 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Cottage
  • Richmond Street Elementary School Rated A
  • Neighborhood Views
  • Two Homes on a Lot

About This Home

As of February 2021

Hurry - this charming El Segundo duplex will not last long. Front house is a 2 bedroom / 1 bathroom detached house with 816 square feet of living space. Washer/Dryer hookups off the kitchen. Rear detached house is a 1 bedroom / 1 bathroom cottage that was extensively remodeled 19 years ago with new electrical, plumbing, windows, doors, kitchen, bathroom and siding with 508 square feet of living space. Washer/Dryer hookups in the kitchen. Single car garage. Priced for immediate sale. All offers are subject to approval of an interior inspection. Buyer to cooperate with sellers 1031 exchange at no cost or delay to Buyer. Please do not walk the property or disturb the tenants.

Last Agent to Sell the Property

Ted Dodd

Haynes Real Estate License #00756734 Listed on: 12/04/2020

Last Buyer's Agent

Scot Nicol

Compass License #01918400

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,917

Year Built

  • Built in 1923

Lot Details

  • 4,820 Sq Ft Lot
  • Lot Dimensions are 48 x 100
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Level Lot
  • Value in Land

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Ranch Style House
  • Cottage
  • Cosmetic Repairs Needed
  • Fire Rated Drywall
  • Composition Roof
  • Wood Siding
  • HardiePlank Type
  • Copper Plumbing

Interior Spaces

  • 1,324 Sq Ft Home
  • Double Pane Windows
  • Neighborhood Views
  • Gas Oven

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Homes

  • Two Homes on a Lot

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 6 / 5
  • Tax Tract Number 1685
  • Assessor Parcel Number 4131008023

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $55,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,917

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: 310-545-6580
  • Other Phone Number: 310-490-9189
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: ESR1YY
  • Architectural Style: Cottage, Ranch
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 4131008023
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 944.11
  • Window Features: Double Pane Windows

Exterior Features

  • Other Structures: Two On A Lot
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Hardiplank Type, Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Value In Land
  • Lot Size: 48 x 100
  • Lot Size Sq Ft: 4820.00
  • Lot Size Acres: 0.1107

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 508 Square Feet
  • Average2 Bed Area: 816 Square Feet
  • Gross Income: 55200.00
  • Gross Multiplier: 22.00
  • Gross Scheduled Income: 55200.00
  • Lot Size Area: 4820.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 4600.00

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 6201.02
  • Tax Lot: 6
  • Tax Tract Number: 1685

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Dec 14, 2020
Sold by
Ninnis R Michael
Bought by
Zaun Kelly and Oconnor Sarah
Seller's Agent
Ted Dodd
Haynes Real Estate
Buyer's Agent
Scot Nicol
Compass
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,666,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,843
Original Mortgage
$920,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2012
Sold by
Ninnis Robert Michael
Bought by
Ninnis R Michael and The R Michael Ninnis Separate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2011
Sold by
Oswald Melissa Ann
Bought by
Ninnis Robert Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2001
Sold by
Franich Henry and Franich Marjorie R
Bought by
Dodd Charles E and Anderson Star

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.05%

Purchase Details

Closed on
Apr 16, 1997
Sold by
Franich Henry
Bought by
Franich Henry and Franich Marjorie R
Source: Public Records

Similar Homes in the area

  • 536 W Maple Ave, El Segundo, CA 90245

    $1,595,000

    • 4 Beds
    • 2 Baths
    • 1,648 Sq Ft
    • 536 W Maple Ave
    • El Segundo, CA

    Welcome to 536/540 W Maple, a charming duplex offering two identical units, each boasting 2 bedrooms and 1 bathroom, nestled in a serene residential area of El Segundo. This delightful duplex offers a light and airy ambiance with two bedrooms and one bathroom, boasting no adjoining walls for added privacy. The home showcases gleaming hardwood floors, double pane windows, and tile flooring in the

    Bill Ruane Estate Properties

    Section Image
  • 412 Richmond St, El Segundo, CA 90245

    $1,864,000

    • 3 Beds
    • 3 Baths
    • 1,680 Sq Ft
    • 412 Richmond St
    • El Segundo, CA

    Charming Coastal Triplex in Prime El Segundo LocationWelcome to a rare opportunity in the heart of El Segundo—this beautifully maintained Triplex is nestled on one of the most desirable and picturesque streets in town. Just steps from vibrant shops, top-rated restaurants, award winning schools, lush parks, and the stunning local beaches, this property offers the ultimate in convenience and

    Alex Abad Tower-60

    Section Image
  • 848 Penn St, El Segundo, CA 90245

    $1,799,000

    • 4 Beds
    • 3 Baths
    • 1,793 Sq Ft
    • 848 Penn St
    • El Segundo, CA

    Nestled in a quiet neighborhood in El Segundo. R2 LOT 7268 sqft. This very attractive investment opportunity is a Triplex offering three well-maintained units - 2 x 1/1 & 1 x 2/1 - on a month to month basis with long-term tenants, strong & steady rental income. The fact that the ADU permit is in process for a 2-bedroom, 2-bathroom unit (1300 sqft) adds potential for increased value and income.

    Bill Ruane Estate Properties

    Section Image
  • 517 California St, El Segundo, CA 90245

    $1,975,000

    • 3 Beds
    • 2 Baths
    • 1,714 Sq Ft
    • 517 California St
    • El Segundo, CA

    Welcome to 517 California Street, a charming two-unit property in El Segundo. The front house features a cozy 2-bedroom, 1-bathroom layout with an inviting dining area that flows into the kitchen and convenient laundry room, which connects to the bathroom via a pocket door. The openconcept living room, complete with a fireplace, is perfect for relaxing or entertaining. Down the hallway, you'll

    Bill Ruane Estate Properties

    Section Image
  • 221 40th St, Manhattan Beach, CA 90266

    $1,999,000

    • 3 Beds
    • 2 Baths
    • 1,314 Sq Ft
    • 221 40th St
    • Manhattan Beach, CA

    The quintessential beach duplex for coastal living in North Manhattan Beach. Just an approximate 400 yards from the Strand, this south-facing beach duplex is flooded with natural light and perfectly positioned to enjoy the ultimate summertime lifestyle year-round. Situated on 1 of the 2 the most desirable streets in the El Porto neighborhood, this vintage residence offers a two-car garage,

    John Corrales Vista Sotheby’s International Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zaun Kelly $1,250,000 Usa National Title Company
Ninnis R Michael -- None Available
Ninnis Robert Michael -- Usa National Title Company
Dodd Charles E $265,000 Lawyers Title Company
Franich Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaun Kelly $920,000
Previous Owner Ninnis Robert Michael $262,000
Previous Owner Ninnis Robert Michael $262,000
Previous Owner Ninnis Robert Michael $264,000
Previous Owner Ninnis Robert Michael $320,000
Previous Owner Dodd Charles E $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2021 02/03/21 Sold $1,250,000 0.0% $944 / Sq Ft
12/06/2020 12/06/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $1,250,000 -- $944 / 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
2024 $14,917 $1,326,509 $848,966 $477,543
2023 $14,521 $1,300,500 $832,320 $468,180
2022 $14,683 $1,275,000 $816,000 $459,000
2021 $7,372 $634,615 $573,209 $61,406
2020 $7,233 $628,109 $567,332 $60,777
2019 $7,119 $615,794 $556,208 $59,586
2018 $6,653 $603,720 $545,302 $58,418
2016 $6,457 $580,278 $524,128 $56,150
2015 $6,375 $571,563 $516,256 $55,307
2014 $6,245 $560,368 $506,144 $54,224
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20251924

California Regional Multiple Listing Service (CRMLS)

APN: 4131-008-023